405, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, ELEVATE by Prescott
What is 405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 24 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,236 sqft
- Floor
- 4th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 1.24M · July 2023
- Building
- ELEVATE by Prescott
About 405, ELEVATE by Prescott
405 is a two-bedroom apartment of 1,236 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 20 July 2023 for AED 1,240,000, or AED 1,002 per sqft, 6% below the AED 1,064 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 24 August 2026. The current contract, signed on 24 August 2026, is AED 100,000 a year: a gross yield of 8.1% on the 2023 price.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in ELEVATE by Prescott, and where 405 sits
All 30 2-beds →405 last sold in July 2023 at AED 1,002 per sqft, 6% below what two-beds in ELEVATE by Prescott were fetching at the time (AED 1,064). Over the last 12 months two-beds sold for AED 1,300,000 to 2,000,000, around AED 1,473 per sqft, and rent for AED 100,000 to 145,000 a year. 405's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,233 sqft | 1,660,000 | 1,346 | ||
| 19 Aug 202619 August 2026 | 1,233 sqft | 1,650,000 | 1,337 | ||
| 18 Aug 202618 August 2026 | 1,233 sqft | 1,700,000 | 1,378 | ||
| 4 Aug 20264 August 2026 | 1,221 sqft | 1,900,000 | 1,556 |
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 | ||
| 402 | 1-bed | 777 sqft | AED 850KAED 850,000 · Jun 2023June 2023 | 80,000 /yr | |
| 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 | |
| 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 |
405, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 20 July 2023 for AED 1,240,000, or AED 1,002 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 8.1%.
- Two-beds in ELEVATE by Prescott sold for AED 1,300,000–2,000,000 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 August 2026.
Questions about 405, ELEVATE by Prescott
What did unit 405 last sell for?
AED 1,240,000 on 20 July 2023, sold by the developer: AED 1,002 per sqft for 1,236 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 100,000 a year on the contract signed on 24 August 2026.
How big is unit 405?
1,236 sqft (114.8 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2025.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in ELEVATE by Prescott sold for AED 1,300,000 to 2,000,000 in the last 12 months, around AED 1,473 per sqft.
Selling 405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 405, ELEVATE by Prescott
Starts from the last sale price (AED 1.24M, 20 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,000
- Deposit, UAE resident (20%)
- AED 248,000
- Deposit, non-resident (40%)
- AED 496,000
- Monthly over 25 years at 3.7%
- AED 5,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →