603, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in June 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, ELEVATE by Prescott
What is 603 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 416 sqft
- Floor
- 6th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 525K · June 2023
- Building
- ELEVATE by Prescott
About 603, ELEVATE by Prescott
603 is a studio of 416 sqft on the 6th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 15 June 2023 for AED 525,000, or AED 1,262 per sqft, in line with the AED 1,267 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2026. The current contract, signed on 20 September 2026, is AED 46,000 a year: a gross yield of 8.8% on the 2023 price.
Sales and rents for 603 over time
603 has sold once; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 603 sits
All 118 studios →603 last sold in June 2023 at AED 1,262 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,267). 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. 603's AED 46,000 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 6th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 419 sqft | AED 415KAED 415,000 · Sep 2024September 2024 | 53,000 /yr | |
| 602 | Studio | 416 sqft | AED 525KAED 525,000 · Jun 2023June 2023 | ||
| 604 | Studio | 414 sqft | AED 525KAED 525,000 · Jun 2023June 2023 | ||
| 605 | 1-bed | 737 sqft | AED 1.02MAED 1,020,000 · Sep 2025September 2025 | 78,000 /yr | |
| 606 | Studio | 405 sqft | AED 650KAED 650,000 · Nov 2026November 2026 | ||
| 607 | 2-bed | 1,236 sqft | AED 1.28MAED 1,275,000 · Jul 2023July 2023 | ||
| 608 | 1-bed | 906 sqft | AED 1.3MAED 1,300,000 · Apr 2026April 2026 | ||
| 609 | Studio | 425 sqft | AED 700KAED 700,000 · Oct 2026October 2026 | ||
| 610 | Studio | 424 sqft | AED 519KAED 519,400 · May 2023May 2023 | 44,000 /yr | |
| 611 | Studio | 423 sqft | AED 545KAED 545,000 · Jul 2023July 2023 | 48,000 /yr | |
| 612 | 2-bed | 1,221 sqft | AED 1.95MAED 1,950,000 · Apr 2026April 2026 | ||
| 613 | 1-bed | 858 sqft | AED 1.27MAED 1,270,000 · Mar 2026March 2026 | 87,000 /yr | |
| 614 | 1-bed | 878 sqft | AED 1.07MAED 1,070,000 · Mar 2025March 2025 | ||
| 615 | 1-bed | 761 sqft | AED 1.08MAED 1,080,000 · Jun 2025June 2025 |
603, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 15 June 2023 for AED 525,000, or AED 1,262 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2023 price is 8.8%.
- 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 20 September 2026.
Questions about 603, ELEVATE by Prescott
What did unit 603 last sell for?
AED 525,000 on 15 June 2023, sold by the developer: AED 1,262 per sqft for 416 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 46,000 a year on the contract signed on 20 September 2026.
How big is unit 603?
416 sqft (38.6 sqm): a studio on the 6th floor of a 15-storey tower completed in 2025.
What is unit 603 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 603, ELEVATE by Prescott
Starts from the last sale price (AED 525K, 15 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →