1-bed · 737 sqftELEVATE by Prescott, Arjan · 14th floor · completed 2025

1405, ELEVATE by Prescott

Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 870K21 June 2023
Current rentAED 80K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, ELEVATE by Prescott

What is 1405 worth today?

Last sold for AED 870,000 in 2023

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10 Aug 2026RentedNew contract
AED 80,000/yr12 months · AED 109 per sqft
21 Jun 2023Sold by developerOff-plan
AED 870,000AED 1,180 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
14th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 870K · June 2023

About 1405, ELEVATE by Prescott

1405 is a one-bedroom apartment of 737 sqft on the 14th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 21 June 2023 for AED 870,000, or AED 1,180 per sqft, 13% above the AED 1,044 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2026. The current contract, signed on 10 August 2026, is AED 80,000 a year: a gross yield of 9.2% on the 2023 price.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in ELEVATE by Prescott
1M1.2M20232024202520262027Typical sale price by year: 2023 AED 870,000; 2024 AED 1,000,000; 2025 AED 1,022,500; 2026 AED 1,191,000Sold by developer, June 2023: AED 870,000 (AED 1,180 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in ELEVATE by Prescott, and where 1405 sits

All 75 1-beds →

1405 last sold in June 2023 at AED 1,180 per sqft, 13% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,044). Over the last 12 months one-beds sold for AED 850,000 to 1,320,000, around AED 1,490 per sqft, and rent for AED 70,000 to 95,000 a year. 1405's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,200,000
19 Sep 20261,320,000
16 Sep 20261,125,000
10 Sep 20261,090,000
20 1-bed 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 14th floor

All 223 units in ELEVATE by Prescott
Value
1401StudioAED 545K · Jun 2023
1402StudioAED 670K · Oct 2025
1403StudioAED 650K · Jul 2025
1404StudioAED 545K · May 2023
1406StudioAED 630K · Jul 2026
14072-bedAED 1.31M · Jul 2023
14081-bedAED 1.22M · Nov 2024
1–7 of 14

1405, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 21 June 2023 for AED 870,000, or AED 1,180 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.2%.
  • One-beds in ELEVATE by Prescott sold for AED 850,000–1,320,000 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 10 August 2026.

Questions about 1405, ELEVATE by Prescott

What did unit 1405 last sell for?

AED 870,000 on 21 June 2023, sold by the developer: AED 1,180 per sqft for 737 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 80,000 a year on the contract signed on 10 August 2026.

How big is unit 1405?

737 sqft (68.5 sqm): a one-bedroom apartment on the 14th floor of a 15-storey tower completed in 2025.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ELEVATE by Prescott sold for AED 850,000 to 1,320,000 in the last 12 months, around AED 1,490 per sqft.

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Mortgage on 1405, ELEVATE by Prescott

Starts from the last sale price (AED 870K, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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