406, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in August 2024, 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 406, ELEVATE by Prescott
What is 406 worth today?
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Source: Dubai Land Department. Updated 9 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 4th of 15
- Parking
- B-02
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 600K · August 2024
- Building
- ELEVATE by Prescott
About 406, ELEVATE by Prescott
406 is a studio of 474 sqft on the 4th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 9 August 2024 for AED 600,000, or AED 1,283 per sqft, in line with the AED 1,283 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 406 sits
All 118 studios →406 last sold in August 2024 at AED 1,283 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,283). 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 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 | |
| 405 | 2-bed | 1,236 sqft | AED 1.24MAED 1,240,000 · Jul 2023July 2023 | 100,000 /yr | |
| 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 |
406, ELEVATE by Prescott in numbers
- Sold twice: first on 17 May 2023 for AED 505,000, last on 9 August 2024 for AED 600,000 (AED 1,283 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 9 August 2024.
Questions about 406, ELEVATE by Prescott
What did unit 406 last sell for?
AED 600,000 on 9 August 2024: AED 1,283 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 505,000 in May 2023.
How big is unit 406?
474 sqft (44.0 sqm): a studio on the 4th floor of a 15-storey tower completed in 2025.
What is unit 406 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 406, ELEVATE by Prescott
Starts from the last sale price (AED 600K, 9 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →