1311, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in December 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1311, ELEVATE by Prescott
What is 1311 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 423 sqft
- Floor
- 13th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 620K · December 2024
- Building
- ELEVATE by Prescott
About 1311, ELEVATE by Prescott
1311 is a studio of 423 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 27 December 2024 for AED 620,000, or AED 1,464 per sqft, 7% above the AED 1,367 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2026. The current contract, signed on 1 July 2026, is AED 50,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 1311 over time
1311 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 1311 sits
All 118 studios →1311 last sold in December 2024 at AED 1,464 per sqft, 7% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,367). 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. 1311's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 403 sqft | 742,000 | 1,840 | ||
| 2 Nov 20262 November 2026 | 405 sqft | 650,000 | 1,606 | ||
| 9 Oct 20269 October 2026 | 405 sqft | 670,000 | 1,655 | ||
| 8 Oct 20268 October 2026 | 425 sqft | 700,000 | 1,646 |
ELEVATE by Prescott
Building223 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%
Other units on the 13th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | Studio | 419 sqft | AED 590KAED 590,000 · Aug 2024August 2024 | ||
| 1302 | Studio | 416 sqft | AED 545KAED 545,000 · Jul 2023July 2023 | 48,000 /yr | |
| 1303 | Studio | 416 sqft | AED 545KAED 545,000 · May 2023May 2023 | ||
| 1304 | Studio | 414 sqft | AED 610KAED 610,000 · Jun 2025June 2025 | 48,000 /yr | |
| 1305 | 1-bed | 737 sqft | AED 870KAED 870,000 · Jun 2023June 2023 | 80,000 /yr | |
| 1306 | Studio | 405 sqft | AED 640KAED 640,000 · Apr 2025April 2025 | ||
| 1307 | 2-bed | 1,233 sqft | AED 1.65MAED 1,650,000 · Aug 2026August 2026 | ||
| 1308 | 1-bed | 900 sqft | AED 1.3MAED 1,300,000 · Oct 2025October 2025 | ||
| 1309 | Studio | 425 sqft | AED 518KAED 517,750 · Jun 2023June 2023 | 55,000 /yr | |
| 1310 | Studio | 424 sqft | AED 518KAED 517,750 · Jul 2023July 2023 | ||
| 1312 | 2-bed | 1,222 sqft | AED 1.35MAED 1,347,500 · Jun 2023June 2023 | 130,000 /yr | |
| 1313 | 1-bed | 858 sqft | AED 885KAED 885,000 · Jun 2023June 2023 | ||
| 1314 | 1-bed | 878 sqft | AED 895KAED 895,000 · Jul 2023July 2023 | 80,000 /yr | |
| 1315 | 1-bed | 761 sqft | AED 850KAED 850,000 · Jun 2023June 2023 |
1311, ELEVATE by Prescott in numbers
- Sold twice: first on 20 July 2023 for AED 535,000, last on 27 December 2024 for AED 620,000 (AED 1,464 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 8.1%.
- 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 July 2026.
Questions about 1311, ELEVATE by Prescott
What did unit 1311 last sell for?
AED 620,000 on 27 December 2024: AED 1,464 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 535,000 in July 2023.
What is the rent for unit 1311?
AED 50,000 a year on the contract signed on 1 July 2026.
How big is unit 1311?
423 sqft (39.3 sqm): a studio on the 13th floor of a 15-storey tower completed in 2025.
What is unit 1311 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 1311, ELEVATE by Prescott
Starts from the last sale price (AED 620K, 27 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →