Studio · 423 sqftELEVATE by Prescott, Arjan · 6th floor · completed 2025

611, ELEVATE by Prescott

Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 545K10 July 2023
Current rentAED 48K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, ELEVATE by Prescott

What is 611 worth today?

Last sold for AED 545,000 in 2023

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20 Jun 2026RentedNew contract
AED 48,000/yr12 months · AED 113 per sqft
10 Jul 2023Sold by developerOff-plan
AED 545,000AED 1,287 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
6th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 545K · July 2023

About 611, ELEVATE by Prescott

611 is a studio of 423 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 10 July 2023 for AED 545,000, or AED 1,287 per sqft, in line with the AED 1,278 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 June 2026. The current contract, signed on 20 June 2026, is AED 48,000 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical studio in ELEVATE by Prescott
600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, July 2023: AED 545,000 (AED 1,287 per sqft)

611 has sold once; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 611 sits

All 118 studios →

611 last sold in July 2023 at AED 1,287 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,278). 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. 611's AED 48,000 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
601StudioAED 415K · Sep 2024
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
1–7 of 14

611, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 10 July 2023 for AED 545,000, or AED 1,287 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 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 June 2026.

Questions about 611, ELEVATE by Prescott

What did unit 611 last sell for?

AED 545,000 on 10 July 2023, sold by the developer: AED 1,287 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 48,000 a year on the contract signed on 20 June 2026.

How big is unit 611?

423 sqft (39.3 sqm): a studio on the 6th floor of a 15-storey tower completed in 2025.

What is unit 611 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 611, ELEVATE by Prescott

Starts from the last sale price (AED 545K, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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