Studio · 467 sqftELEVATE by Prescott, Arjan · 3rd floor · completed 2025

306, ELEVATE by Prescott

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

Unit 306 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 664K10 January 2025
Current rentAED 55K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, ELEVATE by Prescott

What is 306 worth today?

Last sold for AED 663,650 in 2025

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16 Jun 2026RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
10 Jan 2025SoldOff-plan
AED 663,650AED 1,419 per sqft
12 Jun 2023Sold by developerOff-plan
AED 505,000AED 1,080 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
3rd of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 664K · January 2025

About 306, ELEVATE by Prescott

306 is a studio of 467 sqft on the 3rd floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 10 January 2025 for AED 663,650, or AED 1,419 per sqft, in line with the AED 1,391 studios in the building were fetching at the time.

One Ejari contract is registered, from 16 June 2026. The current contract, signed on 16 June 2026, is AED 55,000 a year: a gross yield of 8.3% on the 2025 price.

Sales and rents for 306 over time

Sales
Unit 306, 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, June 2023: AED 505,000 (AED 1,080 per sqft)Sold, January 2025: AED 663,650 (AED 1,419 per sqft)

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

Studios in ELEVATE by Prescott, and where 306 sits

All 118 studios →

306 last sold in January 2025 at AED 1,419 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,391). 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. 306's AED 55,000 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 3rd floor

All 223 units in ELEVATE by Prescott
Value
3011-bedAED 817K · May 2023
3021-bedAED 850K · May 2026
3031-bedAED 855K · Jul 2023
304StudioAED 550K · Jun 2023
3052-bedAED 1.3M · Jul 2023
307StudioAED 640K · Aug 2025
308StudioAED 540K · Jul 2023
1–7 of 14

306, ELEVATE by Prescott in numbers

  • Sold twice: first on 12 June 2023 for AED 505,000, last on 10 January 2025 for AED 663,650 (AED 1,419 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 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 16 June 2026.

Questions about 306, ELEVATE by Prescott

What did unit 306 last sell for?

AED 663,650 on 10 January 2025: AED 1,419 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 505,000 in June 2023.

What is the rent for unit 306?

AED 55,000 a year on the contract signed on 16 June 2026.

How big is unit 306?

467 sqft (43.4 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2025.

What is unit 306 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 306, ELEVATE by Prescott

Starts from the last sale price (AED 664K, 10 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 663,650
Deposit, UAE resident (20%)
AED 132,730
Deposit, non-resident (40%)
AED 265,460
Monthly over 25 years at 3.7%
AED 2,715

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