Studio · 419 sqftELEVATE by Prescott, Arjan · 6th floor · completed 2025

601, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in September 2024, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 23 April 2026
Last soldAED 415K19 September 2024
Current rentAED 53K /yr23 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, ELEVATE by Prescott

What is 601 worth today?

Last sold for AED 415,000 in 2024

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23 Apr 2026RentedNew contract
AED 53,000/yr12 months · AED 126 per sqft
19 Sep 2024SoldOff-plan
AED 415,000AED 990 per sqft
17 May 2023Sold by developerOff-plan
AED 540,000AED 1,288 per sqft

Source: Dubai Land Department. Updated 23 April 2026.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
6th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 415K · September 2024

About 601, ELEVATE by Prescott

601 is a studio of 419 sqft on the 6th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 19 September 2024 for AED 415,000, or AED 990 per sqft, 23% below the AED 1,283 studios in the building were fetching at the time.

One Ejari contract is registered, from 23 April 2026. The current contract, signed on 23 April 2026, is AED 53,000 a year: a gross yield of 12.8% on the 2024 price.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical studio in ELEVATE by Prescott
400K600K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, May 2023: AED 540,000 (AED 1,288 per sqft)Sold, September 2024: AED 415,000 (AED 990 per sqft)

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

Studios in ELEVATE by Prescott, and where 601 sits

All 118 studios →

601 last sold in September 2024 at AED 990 per sqft, 23% below 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. 601's AED 53,000 is in the lower half of that range.

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 6th floor

All 223 units in ELEVATE by Prescott
Value
602StudioAED 525K · Jun 2023
603StudioAED 525K · Jun 2023
604StudioAED 525K · Jun 2023
6051-bedAED 1.02M · Sep 2025
606StudioAED 650K · Nov 2026
6072-bedAED 1.28M · Jul 2023
6081-bedAED 1.3M · Apr 2026
1–7 of 14

601, ELEVATE by Prescott in numbers

  • Sold twice: first on 17 May 2023 for AED 540,000, last on 19 September 2024 for AED 415,000 (AED 990 per sqft).
  • Rented since April 2026 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2024 price is 12.8%.
  • 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 23 April 2026.

Questions about 601, ELEVATE by Prescott

What did unit 601 last sell for?

AED 415,000 on 19 September 2024: AED 990 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 540,000 in May 2023.

What is the rent for unit 601?

AED 53,000 a year on the contract signed on 23 April 2026.

How big is unit 601?

419 sqft (38.9 sqm): a studio on the 6th floor of a 15-storey tower completed in 2025.

What is unit 601 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 601, ELEVATE by Prescott

Starts from the last sale price (AED 415K, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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