204, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, ELEVATE by Prescott
What is 204 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 405 sqft
- Floor
- 2nd of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 540K · June 2023
- Building
- ELEVATE by Prescott
About 204, ELEVATE by Prescott
204 is a studio of 405 sqft on the 2nd floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 15 June 2023 for AED 540,000, or AED 1,334 per sqft, 5% above the AED 1,267 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 September 2026. The current contract, signed on 10 September 2026, is AED 44,875 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 204 over time
204 has sold once; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 204 sits
All 118 studios →204 last sold in June 2023 at AED 1,334 per sqft, 5% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,267). 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. 204's AED 44,875 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 2nd floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 780 sqft | AED 850KAED 850,000 · Jun 2023June 2023 | 70,000 /yr | |
| 202 | 1-bed | 781 sqft | AED 1.21MAED 1,210,000 · Aug 2026August 2026 | 85,000 /yr | |
| 203 | 1-bed | 737 sqft | AED 840KAED 840,000 · Jul 2024July 2024 | ||
| 205 | 2-bed | 1,233 sqft | AED 1.3MAED 1,300,000 · Apr 2026April 2026 | ||
| 206 | Studio | 467 sqft | AED 600KAED 600,000 · Jul 2024July 2024 | ||
| 207 | Studio | 422 sqft | AED 610KAED 610,000 · Dec 2024December 2024 | 45,000 /yr | |
| 208 | Studio | 425 sqft | AED 620KAED 620,000 · Jul 2025July 2025 | 52,000 /yr | |
| 209 | Studio | 424 sqft | AED 670KAED 670,000 · Aug 2025August 2025 | 53,000 /yr | |
| 210 | Studio | 423 sqft | AED 680KAED 680,000 · Oct 2025October 2025 | ||
| 211 | 2-bed | 1,225 sqft | AED 1.42MAED 1,415,000 · Oct 2024October 2024 | ||
| 212 | Studio | 403 sqft | AED 690KAED 690,000 · Dec 2025December 2025 | 50,000 /yr | |
| 213 | Studio | 455 sqft | AED 630KAED 630,000 · Jan 2025January 2025 | ||
| 214 | 1-bed | 846 sqft | AED 1.02MAED 1,020,000 · Jun 2025June 2025 | 80,000 /yr | |
| 215 | 1-bed | 742 sqft | AED 1.05MAED 1,050,000 · Feb 2026February 2026 |
204, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 15 June 2023 for AED 540,000, or AED 1,334 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 44,875 a year.
- At AED 44,875 a year the gross yield on the 2023 price is 8.3%.
- 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 10 September 2026.
Questions about 204, ELEVATE by Prescott
What did unit 204 last sell for?
AED 540,000 on 15 June 2023, sold by the developer: AED 1,334 per sqft for 405 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 44,875 a year on the contract signed on 10 September 2026.
How big is unit 204?
405 sqft (37.6 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2025.
What is unit 204 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 204, ELEVATE by Prescott
Starts from the last sale price (AED 540K, 15 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →