312, ELEVATE by Prescott
Sold prices and rental history: sold 3 times, last in November 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, ELEVATE by Prescott
What is 312 worth today?
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Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 403 sqft
- Floor
- 3rd of 15
- Parking
- G-40
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 742K · November 2026
- Building
- ELEVATE by Prescott
About 312, ELEVATE by Prescott
312 is a studio of 403 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 3 November 2026 for AED 742,000, or AED 1,840 per sqft, 11% above the AED 1,660 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 1 July 2026, is AED 57,000 a year: a gross yield of 7.7% on the 2026 price.
Sales and rents for 312 over time
312 has sold 3 times; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 312 sits
All 118 studios →312 last sold in November 2026 at AED 1,840 per sqft, 11% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,660). 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. 312's AED 57,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 3 Sep 20263 September 2026 | 423 sqft | 715,000 | 1,689 |
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 | |
| 308 | Studio | 425 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | ||
| 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 | ||
| 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 |
312, ELEVATE by Prescott in numbers
- Sold 3 times: first on 11 July 2023 for AED 535,000, last on 3 November 2026 for AED 742,000 (AED 1,840 per sqft).
- Rented since July 2026 on 2 Ejari contracts, from AED 47,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2026 price is 7.7%.
- 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 November 2026.
Questions about 312, ELEVATE by Prescott
What did unit 312 last sell for?
AED 742,000 on 3 November 2026: AED 1,840 per sqft for 403 sqft. The unit has 3 registered sales; the first was AED 535,000 in July 2023.
What is the rent for unit 312?
AED 57,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2026, was AED 47,000.
How big is unit 312?
403 sqft (37.4 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2025.
What is unit 312 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 312, ELEVATE by Prescott
Starts from the last sale price (AED 742K, 3 November 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 742,000
- Deposit, UAE resident (20%)
- AED 148,400
- Deposit, non-resident (40%)
- AED 296,800
- Monthly over 25 years at 3.7%
- AED 3,036
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →