Studio · 414 sqftELEVATE by Prescott, Arjan · 13th floor · completed 2025

1304, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in June 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 610K12 June 2025
Current rentAED 48K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, ELEVATE by Prescott

What is 1304 worth today?

Last sold for AED 610,000 in 2025

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1 May 2026RentedNew contract
AED 48,000/yr12 months · AED 114 per sqft
12 Jun 2025SoldOff-plan
AED 610,000AED 1,472 per sqft
13 Jul 2023Sold by developerOff-plan
AED 545,000AED 1,315 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
13th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 610K · June 2025

About 1304, ELEVATE by Prescott

1304 is a studio of 414 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 12 June 2025 for AED 610,000, or AED 1,472 per sqft, in line with the AED 1,461 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 48,000 a year: a gross yield of 7.9% on the 2025 price.

Sales and rents for 1304 over time

Sales
Unit 1304, 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 1,315 per sqft)Sold, June 2025: AED 610,000 (AED 1,472 per sqft)

1304 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1304 sits

All 118 studios →

1304 last sold in June 2025 at AED 1,472 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,461). 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. 1304's AED 48,000 is in the lower half of that range.

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
1301StudioAED 590K · Aug 2024
1302StudioAED 545K · Jul 2023
1303StudioAED 545K · May 2023
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

1304, ELEVATE by Prescott in numbers

  • Sold twice: first on 13 July 2023 for AED 545,000, last on 12 June 2025 for AED 610,000 (AED 1,472 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 7.9%.
  • 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 1 May 2026.

Questions about 1304, ELEVATE by Prescott

What did unit 1304 last sell for?

AED 610,000 on 12 June 2025: AED 1,472 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 545,000 in July 2023.

What is the rent for unit 1304?

AED 48,000 a year on the contract signed on 1 May 2026.

How big is unit 1304?

414 sqft (38.5 sqm): a studio on the 13th floor of a 15-storey tower completed in 2025.

What is unit 1304 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.

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Mortgage on 1304, ELEVATE by Prescott

Starts from the last sale price (AED 610K, 12 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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