Studio · 423 sqftELEVATE by Prescott, Arjan · 14th floor · completed 2025

1411, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in December 2024, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1411 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 650K11 December 2024
Current rentAED 52K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1411, ELEVATE by Prescott

What is 1411 worth today?

Last sold for AED 650,000 in 2024

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1 Aug 2026RentedNew contract
AED 52,000/yr12 months · AED 124 per sqft
11 Dec 2024SoldOff-plan
AED 650,000AED 1,535 per sqft
17 May 2023Sold by developerOff-plan
AED 545,000AED 1,287 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
14th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 650K · December 2024

About 1411, ELEVATE by Prescott

1411 is a studio of 423 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 11 December 2024 for AED 650,000, or AED 1,535 per sqft, 14% above the AED 1,347 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 52,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 1411 over time

Sales
Unit 1411, 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, May 2023: AED 545,000 (AED 1,287 per sqft)Sold, December 2024: AED 650,000 (AED 1,535 per sqft)

1411 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1411 sits

All 118 studios →

1411 last sold in December 2024 at AED 1,535 per sqft, 14% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,347). 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. 1411's AED 52,000 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 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
1406StudioAED 630K · Jul 2026
14072-bedAED 1.31M · Jul 2023
1–7 of 14

1411, ELEVATE by Prescott in numbers

  • Sold twice: first on 17 May 2023 for AED 545,000, last on 11 December 2024 for AED 650,000 (AED 1,535 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 8.0%.
  • 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 August 2026.

Questions about 1411, ELEVATE by Prescott

What did unit 1411 last sell for?

AED 650,000 on 11 December 2024: AED 1,535 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 545,000 in May 2023.

What is the rent for unit 1411?

AED 52,000 a year on the contract signed on 1 August 2026.

How big is unit 1411?

423 sqft (39.3 sqm): a studio on the 14th floor of a 15-storey tower completed in 2025.

What is unit 1411 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 1411, ELEVATE by Prescott

Starts from the last sale price (AED 650K, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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