Studio · 403 sqftELEVATE by Prescott, Arjan · 5th floor · completed 2025

512, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in December 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 8 December 2025
Last soldAED 680K8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, ELEVATE by Prescott

What is 512 worth today?

Last sold for AED 680,000 in 2025

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8 Dec 2025SoldOff-plan
AED 680,000AED 1,686 per sqft
21 Jun 2023Sold by developerOff-plan
AED 520,000AED 1,289 per sqft

Source: Dubai Land Department. Updated 8 December 2025.

Key facts

Type
Studio apartment
Size
403 sqft
Floor
5th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 680K · December 2025

About 512, ELEVATE by Prescott

512 is a studio of 403 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 8 December 2025 for AED 680,000, or AED 1,686 per sqft, 11% above the AED 1,522 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical studio in ELEVATE by Prescott
500K600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, June 2023: AED 520,000 (AED 1,289 per sqft)Sold, December 2025: AED 680,000 (AED 1,686 per sqft)

512 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 512 sits

All 118 studios →

512 last sold in December 2025 at AED 1,686 per sqft, 11% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,522). 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 salesUnit no.Price (AED)Summary
3 Nov 2026742,000
2 Nov 2026650,000
9 Oct 2026670,000
8 Oct 2026700,000
18 studio 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
5031-bedAED 1.1M · Feb 2026
504StudioAED 620K · May 2025
5052-bedAED 1.28M · Jul 2023
506StudioAED 540K · May 2023
507StudioAED 550K · Jul 2023
1–7 of 14

512, ELEVATE by Prescott in numbers

  • Sold twice: first on 21 June 2023 for AED 520,000, last on 8 December 2025 for AED 680,000 (AED 1,686 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 8 December 2025.

Questions about 512, ELEVATE by Prescott

What did unit 512 last sell for?

AED 680,000 on 8 December 2025: AED 1,686 per sqft for 403 sqft. The unit has 2 registered sales; the first was AED 520,000 in June 2023.

How big is unit 512?

403 sqft (37.4 sqm): a studio on the 5th floor of a 15-storey tower completed in 2025.

What is unit 512 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 512, ELEVATE by Prescott

Starts from the last sale price (AED 680K, 8 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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