402, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, ELEVATE by Prescott
What is 402 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 777 sqft
- Floor
- 4th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 850K · June 2023
- Building
- ELEVATE by Prescott
About 402, ELEVATE by Prescott
402 is a one-bedroom apartment of 777 sqft on the 4th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 21 June 2023 for AED 850,000, or AED 1,093 per sqft, 5% above the AED 1,044 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 May 2026. The current contract, signed on 25 May 2026, is AED 80,000 a year: a gross yield of 9.4% on the 2023 price.
Sales and rents for 402 over time
402 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in ELEVATE by Prescott, and where 402 sits
All 75 1-beds →402 last sold in June 2023 at AED 1,093 per sqft, 5% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,044). Over the last 12 months one-beds sold for AED 850,000 to 1,320,000, around AED 1,490 per sqft, and rent for AED 70,000 to 95,000 a year. 402's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 761 sqft | 1,200,000 | 1,577 | ||
| 19 Sep 202619 September 2026 | 906 sqft | 1,320,000 | 1,456 | ||
| 16 Sep 202616 September 2026 | 732 sqft | 1,125,000 | 1,537 | ||
| 10 Sep 202610 September 2026 | 732 sqft | 1,090,000 | 1,488 |
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 4th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 777 sqft | AED 1.18MAED 1,182,000 · Jul 2026July 2026 | ||
| 403 | 1-bed | 732 sqft | AED 1.13MAED 1,125,000 · Sep 2026September 2026 | ||
| 404 | Studio | 405 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | 50,000 /yr | |
| 405 | 2-bed | 1,236 sqft | AED 1.24MAED 1,240,000 · Jul 2023July 2023 | 100,000 /yr | |
| 406 | Studio | 474 sqft | AED 600KAED 600,000 · Aug 2024August 2024 | ||
| 407 | Studio | 422 sqft | AED 615KAED 615,000 · Sep 2024September 2024 | 55,000 /yr | |
| 408 | Studio | 425 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | 47,000 /yr | |
| 409 | Studio | 424 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | ||
| 410 | Studio | 423 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | 50,000 /yr | |
| 411 | 2-bed | 1,224 sqft | AED 1.54MAED 1,540,000 · May 2025May 2025 | ||
| 412 | Studio | 403 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | ||
| 413 | Studio | 455 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | 55,000 /yr | |
| 414 | 1-bed | 878 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 90,000 /yr | |
| 415 | 1-bed | 742 sqft | AED 840KAED 840,000 · May 2023May 2023 | 80,000 /yr |
402, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 21 June 2023 for AED 850,000, or AED 1,093 per sqft.
- Rented since May 2026 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 9.4%.
- One-beds in ELEVATE by Prescott sold for AED 850,000–1,320,000 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 25 May 2026.
Questions about 402, ELEVATE by Prescott
What did unit 402 last sell for?
AED 850,000 on 21 June 2023, sold by the developer: AED 1,093 per sqft for 777 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 80,000 a year on the contract signed on 25 May 2026.
How big is unit 402?
777 sqft (72.2 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2025.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ELEVATE by Prescott sold for AED 850,000 to 1,320,000 in the last 12 months, around AED 1,490 per sqft.
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Mortgage on 402, ELEVATE by Prescott
Starts from the last sale price (AED 850K, 21 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →