513, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in December 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 513, ELEVATE by Prescott
What is 513 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 5th of 15
- Parking
- B-08
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 650K · December 2024
- Building
- ELEVATE by Prescott
About 513, ELEVATE by Prescott
513 is a studio of 459 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 5 December 2024 for AED 650,000, or AED 1,428 per sqft, 8% above the AED 1,324 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 July 2026. The current contract, signed on 15 July 2026, is AED 55,000 a year: a gross yield of 8.5% on the 2024 price.
Sales and rents for 513 over time
513 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 513 sits
All 118 studios →513 last sold in December 2024 at AED 1,428 per sqft, 8% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,324). 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. 513's AED 55,000 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 | ||
| 504 | Studio | 405 sqft | AED 620KAED 620,000 · May 2025May 2025 | 52,000 /yr | |
| 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 | ||
| 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 |
513, ELEVATE by Prescott in numbers
- Sold twice: first on 1 June 2023 for AED 540,000, last on 5 December 2024 for AED 650,000 (AED 1,428 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 8.5%.
- 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 15 July 2026.
Questions about 513, ELEVATE by Prescott
What did unit 513 last sell for?
AED 650,000 on 5 December 2024: AED 1,428 per sqft for 459 sqft. The unit has 2 registered sales; the first was AED 540,000 in June 2023.
What is the rent for unit 513?
AED 55,000 a year on the contract signed on 15 July 2026.
How big is unit 513?
459 sqft (42.6 sqm): a studio on the 5th floor of a 15-storey tower completed in 2025.
What is unit 513 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 513, ELEVATE by Prescott
Starts from the last sale price (AED 650K, 5 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →