Studio · 405 sqftELEVATE by Prescott, Arjan · 14th floor · completed 2025

1406, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in July 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 630K7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, ELEVATE by Prescott

What is 1406 worth today?

Last sold for AED 630,000 in 2026

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7 Jul 2026SoldReady
AED 630,000AED 1,557 per sqft
1 Jun 2023Sold by developerOff-plan
AED 545,000AED 1,346 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
14th of 15
Parking
B-58
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 630K · July 2026

About 1406, ELEVATE by Prescott

1406 is a studio of 405 sqft on the 14th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 7 July 2026 for AED 630,000, or AED 1,557 per sqft, in line with the AED 1,600 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical studio in ELEVATE by Prescott
600K700K202320252027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, June 2023: AED 545,000 (AED 1,346 per sqft)Sold, July 2026: AED 630,000 (AED 1,557 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1406 sits

All 118 studios →

1406 last sold in July 2026 at AED 1,557 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,600). 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 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
14051-bedAED 870K · Jun 2023
14072-bedAED 1.31M · Jul 2023
14081-bedAED 1.22M · Nov 2024
1–7 of 14

1406, ELEVATE by Prescott in numbers

  • Sold twice: first on 1 June 2023 for AED 545,000, last on 7 July 2026 for AED 630,000 (AED 1,557 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 7 July 2026.

Questions about 1406, ELEVATE by Prescott

What did unit 1406 last sell for?

AED 630,000 on 7 July 2026: AED 1,557 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 545,000 in June 2023.

How big is unit 1406?

405 sqft (37.6 sqm): a studio on the 14th floor of a 15-storey tower completed in 2025.

What is unit 1406 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 1406, ELEVATE by Prescott

Starts from the last sale price (AED 630K, 7 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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