504, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in May 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, ELEVATE by Prescott
What is 504 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 405 sqft
- Floor
- 5th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 620K · May 2025
- Building
- ELEVATE by Prescott
About 504, ELEVATE by Prescott
504 is a studio of 405 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 28 May 2025 for AED 620,000, or AED 1,532 per sqft, 5% above the AED 1,458 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 October 2026. The current contract, signed on 5 October 2026, is AED 52,000 a year: a gross yield of 8.4% on the 2025 price.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 504 sits
All 118 studios →504 last sold in May 2025 at AED 1,532 per sqft, 5% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,458). 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. 504's AED 52,000 is in the lower half of that range.
| 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 5th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 777 sqft | AED 1.23MAED 1,230,000 · Apr 2026April 2026 | 78,000 /yr | |
| 502 | 1-bed | 780 sqft | AED 1.18MAED 1,180,000 · May 2026May 2026 | ||
| 503 | 1-bed | 732 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | ||
| 505 | 2-bed | 1,236 sqft | AED 1.28MAED 1,275,000 · Jul 2023July 2023 | 122,000 /yr | |
| 506 | Studio | 467 sqft | AED 540KAED 540,000 · May 2023May 2023 | 50,000 /yr | |
| 507 | Studio | 422 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 508 | Studio | 425 sqft | AED 708KAED 707,750 · Apr 2026April 2026 | 53,000 /yr | |
| 509 | Studio | 424 sqft | AED 650KAED 650,000 · Jun 2026June 2026 | ||
| 510 | Studio | 423 sqft | AED 525KAED 525,000 · Jun 2023June 2023 | 49,000 /yr | |
| 511 | 2-bed | 1,224 sqft | AED 1.6MAED 1,600,000 · Nov 2024November 2024 | 118,000 /yr | |
| 512 | Studio | 403 sqft | AED 680KAED 680,000 · Dec 2025December 2025 | ||
| 513 | Studio | 459 sqft | AED 650KAED 650,000 · Dec 2024December 2024 | 55,000 /yr | |
| 514 | 1-bed | 878 sqft | AED 870KAED 870,000 · May 2023May 2023 | 80,000 /yr | |
| 515 | 1-bed | 742 sqft | AED 850KAED 850,000 · Jul 2023July 2023 | 80,000 /yr |
504, ELEVATE by Prescott in numbers
- Sold twice: first on 10 July 2023 for AED 525,000, last on 28 May 2025 for AED 620,000 (AED 1,532 per sqft).
- Rented since October 2026 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2025 price is 8.4%.
- 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 5 October 2026.
Questions about 504, ELEVATE by Prescott
What did unit 504 last sell for?
AED 620,000 on 28 May 2025: AED 1,532 per sqft for 405 sqft. The unit has 2 registered sales; the first was AED 525,000 in July 2023.
What is the rent for unit 504?
AED 52,000 a year on the contract signed on 5 October 2026.
How big is unit 504?
405 sqft (37.6 sqm): a studio on the 5th floor of a 15-storey tower completed in 2025.
What is unit 504 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 504, ELEVATE by Prescott
Starts from the last sale price (AED 620K, 28 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →