Studio · 419 sqftELEVATE by Prescott, Arjan · 13th floor · completed 2025

1301, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 590K19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, ELEVATE by Prescott

What is 1301 worth today?

Last sold for AED 590,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Aug 2024SoldOff-plan
AED 590,000AED 1,408 per sqft
3 Jul 2023Sold by developerOff-plan
AED 545,000AED 1,300 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
13th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 590K · August 2024

About 1301, ELEVATE by Prescott

1301 is a studio of 419 sqft on the 13th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 19 August 2024 for AED 590,000, or AED 1,408 per sqft, 10% above the AED 1,283 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical studio in ELEVATE by Prescott
600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, July 2023: AED 545,000 (AED 1,300 per sqft)Sold, August 2024: AED 590,000 (AED 1,408 per sqft)

1301 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1301 sits

All 118 studios →

1301 last sold in August 2024 at AED 1,408 per sqft, 10% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,283). Over the last 12 months studios sold for AED 605,000 to 750,000, around AED 1,660 per sqft, and rent for AED 44,000 to 70,000 a year.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026742,000
2 Nov 2026650,000
9 Oct 2026670,000
8 Oct 2026700,000
18 studio sales in the last 12 months

ELEVATE by Prescott

Building

223 apartments, studios to 2-bed over 15 floors in Arjan, completed in 2025 by Prescott Real Estate Development . 49 sold in the last 12 months.

Typical price per sqft
AED 1,539 Up 5.8%
Typical sale
AED 1.11M
Typical rent
AED 55K /yr
Typical yield
7.2%
ELEVATE by Prescott, Arjan: prices, sales and rents →

Other units on the 13th floor

All 223 units in ELEVATE by Prescott
Value
1302StudioAED 545K · Jul 2023
1303StudioAED 545K · May 2023
1304StudioAED 610K · Jun 2025
13051-bedAED 870K · Jun 2023
1306StudioAED 640K · Apr 2025
13072-bedAED 1.65M · Aug 2026
13081-bedAED 1.3M · Oct 2025
1–7 of 14

1301, ELEVATE by Prescott in numbers

  • Sold twice: first on 3 July 2023 for AED 545,000, last on 19 August 2024 for AED 590,000 (AED 1,408 per sqft).
  • Studios in ELEVATE by Prescott sold for AED 605,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.

Source: Dubai Land Department. Updated 19 August 2024.

Questions about 1301, ELEVATE by Prescott

What did unit 1301 last sell for?

AED 590,000 on 19 August 2024: AED 1,408 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 545,000 in July 2023.

How big is unit 1301?

419 sqft (38.9 sqm): a studio on the 13th floor of a 15-storey tower completed in 2025.

What is unit 1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in ELEVATE by Prescott sold for AED 605,000 to 750,000 in the last 12 months, around AED 1,660 per sqft.

Selling 1301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1301, ELEVATE by Prescott

Starts from the last sale price (AED 590K, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →