1-bed · 732 sqftELEVATE by Prescott, Arjan · 5th floor · completed 2025

503, ELEVATE by Prescott

Sold prices and rental history: sold 3 times, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 9 February 2026
Last soldAED 1.1M9 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, ELEVATE by Prescott

What is 503 worth today?

Last sold for AED 1,100,000 in 2026

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9 Feb 2026SoldOff-plan
AED 1,100,000AED 1,492 per sqft
7 Jul 2025SoldOff-plan
AED 920,000AED 1,248 per sqft
13 Jul 2023Sold by developerOff-plan
AED 840,000AED 1,140 per sqft

Source: Dubai Land Department. Updated 9 February 2026.

Key facts

Type
1-bed apartment
Size
732 sqft
Floor
5th of 15
Parking
B-74
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 1.1M · February 2026

About 503, ELEVATE by Prescott

503 is a one-bedroom apartment of 732 sqft on the 5th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 9 February 2026 for AED 1,100,000, or AED 1,492 per sqft, 9% above the AED 1,366 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in ELEVATE by Prescott
800K1M1.2M20232024202520262027Typical sale price by year: 2023 AED 870,000; 2024 AED 1,000,000; 2025 AED 1,022,500; 2026 AED 1,191,000Sold by developer, July 2023: AED 840,000 (AED 1,140 per sqft)Sold, July 2025: AED 920,000 (AED 1,248 per sqft)Sold, February 2026: AED 1,100,000 (AED 1,492 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

1-beds in ELEVATE by Prescott, and where 503 sits

All 75 1-beds →

503 last sold in February 2026 at AED 1,492 per sqft, 9% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,366). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,200,000
19 Sep 20261,320,000
16 Sep 20261,125,000
10 Sep 20261,090,000
20 1-bed sales in the last 12 months

ELEVATE by Prescott

Building

223 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%
ELEVATE by Prescott, Arjan: prices, sales and rents →

Other units on the 5th floor

All 223 units in ELEVATE by Prescott
Value
5011-bedAED 1.23M · Apr 2026
5021-bedAED 1.18M · May 2026
504StudioAED 620K · May 2025
5052-bedAED 1.28M · Jul 2023
506StudioAED 540K · May 2023
507StudioAED 550K · Jul 2023
508StudioAED 708K · Apr 2026
1–7 of 14

503, ELEVATE by Prescott in numbers

  • Sold 3 times: first on 13 July 2023 for AED 840,000, last on 9 February 2026 for AED 1,100,000 (AED 1,492 per sqft).
  • 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 9 February 2026.

Questions about 503, ELEVATE by Prescott

What did unit 503 last sell for?

AED 1,100,000 on 9 February 2026: AED 1,492 per sqft for 732 sqft. The unit has 3 registered sales; the first was AED 840,000 in July 2023.

How big is unit 503?

732 sqft (68.0 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2025.

What is unit 503 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 503, ELEVATE by Prescott

Starts from the last sale price (AED 1.1M, 9 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →