Studio · 467 sqftELEVATE by Prescott, Arjan · 2nd floor · completed 2025

206, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 600K8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, ELEVATE by Prescott

What is 206 worth today?

Last sold for AED 600,000 in 2024

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8 Jul 2024SoldOff-plan
AED 600,000AED 1,283 per sqft
4 Jul 2023Sold by developerOff-plan
AED 540,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
2nd of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 600K · July 2024

About 206, ELEVATE by Prescott

206 is a studio of 467 sqft on the 2nd floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 8 July 2024 for AED 600,000, or AED 1,283 per sqft, in line with the AED 1,284 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, 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, July 2023: AED 540,000 (AED 1,155 per sqft)Sold, July 2024: AED 600,000 (AED 1,283 per sqft)

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

Studios in ELEVATE by Prescott, and where 206 sits

All 118 studios →

206 last sold in July 2024 at AED 1,283 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,284). 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 2nd floor

All 223 units in ELEVATE by Prescott
Value
2011-bedAED 850K · Jun 2023
2021-bedAED 1.21M · Aug 2026
2031-bedAED 840K · Jul 2024
204StudioAED 540K · Jun 2023
2052-bedAED 1.3M · Apr 2026
207StudioAED 610K · Dec 2024
208StudioAED 620K · Jul 2025
1–7 of 14

206, ELEVATE by Prescott in numbers

  • Sold twice: first on 4 July 2023 for AED 540,000, last on 8 July 2024 for AED 600,000 (AED 1,283 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 8 July 2024.

Questions about 206, ELEVATE by Prescott

What did unit 206 last sell for?

AED 600,000 on 8 July 2024: AED 1,283 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 540,000 in July 2023.

How big is unit 206?

467 sqft (43.4 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2025.

What is unit 206 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 206, ELEVATE by Prescott

Starts from the last sale price (AED 600K, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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