1512, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1512, ELEVATE by Prescott
What is 1512 worth today?
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Source: Dubai Land Department. Updated 19 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,222 sqft
- Floor
- 15th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 1.39M · July 2023
- Building
- ELEVATE by Prescott
About 1512, ELEVATE by Prescott
1512 is a two-bedroom apartment of 1,222 sqft on the 15th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 18 July 2023 for AED 1,390,000, or AED 1,137 per sqft, 6% above the AED 1,069 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 19 October 2026. The current contract, signed on 19 October 2026, is AED 131,294 a year: a gross yield of 9.4% on the 2023 price.
Sales and rents for 1512 over time
1512 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in ELEVATE by Prescott, and where 1512 sits
All 30 2-beds →1512 last sold in July 2023 at AED 1,137 per sqft, 6% above what two-beds in ELEVATE by Prescott were fetching at the time (AED 1,069). Over the last 12 months two-beds sold for AED 1,300,000 to 2,000,000, around AED 1,473 per sqft, and rent for AED 100,000 to 145,000 a year. 1512's AED 131,294 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,233 sqft | 1,660,000 | 1,346 | ||
| 19 Aug 202619 August 2026 | 1,233 sqft | 1,650,000 | 1,337 | ||
| 18 Aug 202618 August 2026 | 1,233 sqft | 1,700,000 | 1,378 | ||
| 4 Aug 20264 August 2026 | 1,221 sqft | 1,900,000 | 1,556 |
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 15th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 419 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1502 | Studio | 416 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | 55,000 /yr | |
| 1503 | Studio | 416 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | ||
| 1504 | Studio | 414 sqft | AED 545KAED 545,000 · May 2023May 2023 | ||
| 1505 | 1-bed | 732 sqft | AED 1.09MAED 1,090,000 · Sep 2026September 2026 | ||
| 1506 | Studio | 405 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | ||
| 1507 | 2-bed | 1,236 sqft | AED 1.36MAED 1,355,000 · Jul 2023July 2023 | ||
| 1508 | 1-bed | 900 sqft | AED 1.25MAED 1,250,000 · Dec 2024December 2024 | 87,000 /yr | |
| 1509 | Studio | 425 sqft | AED 650KAED 650,000 · Nov 2024November 2024 | 50,000 /yr | |
| 1510 | Studio | 424 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | 52,000 /yr | |
| 1511 | Studio | 423 sqft | AED 490KAED 490,000 · Mar 2024March 2024 | 70,000 /yr | |
| 1513 | 1-bed | 858 sqft | AED 1.2MAED 1,200,000 · Aug 2026August 2026 | 70,000 /yr | |
| 1514 | 1-bed | 878 sqft | AED 882KAED 882,000 · Jul 2023July 2023 | 90,000 /yr | |
| 1515 | 1-bed | 761 sqft | AED 1.2MAED 1,200,000 · Oct 2026October 2026 |
1512, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 18 July 2023 for AED 1,390,000, or AED 1,137 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 131,294 a year.
- At AED 131,294 a year the gross yield on the 2023 price is 9.4%.
- Two-beds in ELEVATE by Prescott sold for AED 1,300,000–2,000,000 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 19 October 2026.
Questions about 1512, ELEVATE by Prescott
What did unit 1512 last sell for?
AED 1,390,000 on 18 July 2023, sold by the developer: AED 1,137 per sqft for 1,222 sqft. It is the only registered sale of the unit.
What is the rent for unit 1512?
AED 131,294 a year on the contract signed on 19 October 2026.
How big is unit 1512?
1,222 sqft (113.5 sqm): a two-bedroom apartment on the 15th floor of a 15-storey tower completed in 2025.
What is unit 1512 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in ELEVATE by Prescott sold for AED 1,300,000 to 2,000,000 in the last 12 months, around AED 1,473 per sqft.
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Mortgage on 1512, ELEVATE by Prescott
Starts from the last sale price (AED 1.39M, 18 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,390,000
- Deposit, UAE resident (20%)
- AED 278,000
- Deposit, non-resident (40%)
- AED 556,000
- Monthly over 25 years at 3.7%
- AED 5,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →