Studio · 422 sqftELEVATE by Prescott, Arjan · 2nd floor · completed 2025

207, ELEVATE by Prescott

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

Unit 207 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 610K30 December 2024
Current rentAED 45K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, ELEVATE by Prescott

What is 207 worth today?

Last sold for AED 610,000 in 2024

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1 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
30 Dec 2024SoldOff-plan
AED 610,000AED 1,446 per sqft
27 Apr 2023Sold by developerOff-plan
AED 525,000AED 1,245 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
2nd of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 610K · December 2024

About 207, ELEVATE by Prescott

207 is a studio of 422 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 30 December 2024 for AED 610,000, or AED 1,446 per sqft, 4% above the AED 1,387 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 45,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in ELEVATE by Prescott
500K600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, April 2023: AED 525,000 (AED 1,245 per sqft)Sold, December 2024: AED 610,000 (AED 1,446 per sqft)

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

Studios in ELEVATE by Prescott, and where 207 sits

All 118 studios →

207 last sold in December 2024 at AED 1,446 per sqft, 4% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,387). 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. 207's AED 45,000 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 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
206StudioAED 600K · Jul 2024
208StudioAED 620K · Jul 2025
1–7 of 14

207, ELEVATE by Prescott in numbers

  • Sold twice: first on 27 April 2023 for AED 525,000, last on 30 December 2024 for AED 610,000 (AED 1,446 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 7.4%.
  • 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 September 2026.

Questions about 207, ELEVATE by Prescott

What did unit 207 last sell for?

AED 610,000 on 30 December 2024: AED 1,446 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 525,000 in April 2023.

What is the rent for unit 207?

AED 45,000 a year on the contract signed on 1 September 2026.

How big is unit 207?

422 sqft (39.2 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2025.

What is unit 207 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 207, ELEVATE by Prescott

Starts from the last sale price (AED 610K, 30 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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