Studio · 425 sqftELEVATE by Prescott, Arjan · 2nd floor · completed 2025

208, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in July 2025, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 620K24 July 2025
Current rentAED 52K /yr3 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, ELEVATE by Prescott

What is 208 worth today?

Last sold for AED 620,000 in 2025

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3 Jul 2026RentedNew contract
AED 52,000/yr12 months · AED 122 per sqft
24 Jul 2025SoldOff-plan
AED 620,000AED 1,458 per sqft
11 Jul 2023Sold by developerOff-plan
AED 530,000AED 1,246 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
2nd of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 620K · July 2025

About 208, ELEVATE by Prescott

208 is a studio of 425 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 24 July 2025 for AED 620,000, or AED 1,458 per sqft, in line with the AED 1,468 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 July 2026. The current contract, signed on 3 July 2026, is AED 52,000 a year: a gross yield of 8.4% on the 2025 price.

Sales and rents for 208 over time

Sales
Unit 208, 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, July 2023: AED 530,000 (AED 1,246 per sqft)Sold, July 2025: AED 620,000 (AED 1,458 per sqft)

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

Studios in ELEVATE by Prescott, and where 208 sits

All 118 studios →

208 last sold in July 2025 at AED 1,458 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,468). 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. 208'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 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
207StudioAED 610K · Dec 2024
1–7 of 14

208, ELEVATE by Prescott in numbers

  • Sold twice: first on 11 July 2023 for AED 530,000, last on 24 July 2025 for AED 620,000 (AED 1,458 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2025 price is 8.4%.
  • 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 3 July 2026.

Questions about 208, ELEVATE by Prescott

What did unit 208 last sell for?

AED 620,000 on 24 July 2025: AED 1,458 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 530,000 in July 2023.

What is the rent for unit 208?

AED 52,000 a year on the contract signed on 3 July 2026.

How big is unit 208?

425 sqft (39.5 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2025.

What is unit 208 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 208, ELEVATE by Prescott

Starts from the last sale price (AED 620K, 24 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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