308, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, ELEVATE by Prescott
What is 308 worth today?
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Source: Dubai Land Department. Updated 24 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 425 sqft
- Floor
- 3rd of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 540K · July 2023
- Building
- ELEVATE by Prescott
About 308, ELEVATE by Prescott
308 is a studio of 425 sqft on the 3rd floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 24 July 2023 for AED 540,000, or AED 1,270 per sqft, in line with the AED 1,281 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 308 over time
308 has sold once; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 308 sits
All 118 studios →308 last sold in July 2023 at AED 1,270 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,281). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 403 sqft | 742,000 | 1,840 | ||
| 2 Nov 20262 November 2026 | 405 sqft | 650,000 | 1,606 | ||
| 9 Oct 20269 October 2026 | 405 sqft | 670,000 | 1,655 | ||
| 8 Oct 20268 October 2026 | 425 sqft | 700,000 | 1,646 |
ELEVATE by Prescott
Building223 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%
Other units on the 3rd floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 780 sqft | AED 817KAED 816,750 · May 2023May 2023 | 88,000 /yr | |
| 302 | 1-bed | 780 sqft | AED 850KAED 850,000 · May 2026May 2026 | 78,000 /yr | |
| 303 | 1-bed | 737 sqft | AED 855KAED 855,000 · Jul 2023July 2023 | 75,000 /yr | |
| 304 | Studio | 405 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | 48,000 /yr | |
| 305 | 2-bed | 1,233 sqft | AED 1.3MAED 1,300,000 · Jul 2023July 2023 | ||
| 306 | Studio | 467 sqft | AED 664KAED 663,650 · Jan 2025January 2025 | 55,000 /yr | |
| 307 | Studio | 422 sqft | AED 640KAED 640,000 · Aug 2025August 2025 | 46,000 /yr | |
| 309 | Studio | 424 sqft | AED 630KAED 630,000 · May 2025May 2025 | ||
| 310 | Studio | 423 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | ||
| 311 | 2-bed | 1,224 sqft | AED 1.32MAED 1,315,000 · Jul 2023July 2023 | ||
| 312 | Studio | 403 sqft | AED 742KAED 742,000 · Nov 2026November 2026 | 47,000 /yr | |
| 313 | Studio | 455 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | 44,000 /yr | |
| 314 | 1-bed | 878 sqft | AED 880KAED 880,000 · Jul 2023July 2023 | ||
| 315 | 1-bed | 742 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 75,000 /yr |
308, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 24 July 2023 for AED 540,000, or AED 1,270 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 24 July 2023.
Questions about 308, ELEVATE by Prescott
What did unit 308 last sell for?
AED 540,000 on 24 July 2023, sold by the developer: AED 1,270 per sqft for 425 sqft. It is the only registered sale of the unit.
How big is unit 308?
425 sqft (39.5 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2025.
What is unit 308 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 308, ELEVATE by Prescott
Starts from the last sale price (AED 540K, 24 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →