Studio · 422 sqftELEVATE by Prescott, Arjan · 3rd floor · completed 2025

307, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in August 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 307 · DLD and Ejari recordsUpdated 4 June 2026
Last soldAED 640K5 August 2025
Current rentAED 46K /yr4 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, ELEVATE by Prescott

What is 307 worth today?

Last sold for AED 640,000 in 2025

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4 Jun 2026RentedNew contract
AED 46,000/yr12 months · AED 109 per sqft
5 Aug 2025SoldOff-plan
AED 640,000AED 1,517 per sqft
22 May 2023Sold by developerOff-plan
AED 530,000AED 1,257 per sqft

Source: Dubai Land Department. Updated 4 June 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
3rd of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 640K · August 2025

About 307, ELEVATE by Prescott

307 is a studio of 422 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 5 August 2025 for AED 640,000, or AED 1,517 per sqft, in line with the AED 1,477 studios in the building were fetching at the time.

One Ejari contract is registered, from 4 June 2026. The current contract, signed on 4 June 2026, is AED 46,000 a year: a gross yield of 7.2% on the 2025 price.

Sales and rents for 307 over time

Sales
Unit 307, 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, May 2023: AED 530,000 (AED 1,257 per sqft)Sold, August 2025: AED 640,000 (AED 1,517 per sqft)

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

Studios in ELEVATE by Prescott, and where 307 sits

All 118 studios →

307 last sold in August 2025 at AED 1,517 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,477). 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. 307's AED 46,000 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
306StudioAED 664K · Jan 2025
308StudioAED 540K · Jul 2023
1–7 of 14

307, ELEVATE by Prescott in numbers

  • Sold twice: first on 22 May 2023 for AED 530,000, last on 5 August 2025 for AED 640,000 (AED 1,517 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2025 price is 7.2%.
  • 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 4 June 2026.

Questions about 307, ELEVATE by Prescott

What did unit 307 last sell for?

AED 640,000 on 5 August 2025: AED 1,517 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 530,000 in May 2023.

What is the rent for unit 307?

AED 46,000 a year on the contract signed on 4 June 2026.

How big is unit 307?

422 sqft (39.2 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2025.

What is unit 307 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 307, ELEVATE by Prescott

Starts from the last sale price (AED 640K, 5 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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