705, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in June 2023, 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 705, ELEVATE by Prescott
What is 705 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 737 sqft
- Floor
- 7th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 840K · June 2023
- Building
- ELEVATE by Prescott
About 705, ELEVATE by Prescott
705 is a one-bedroom apartment of 737 sqft on the 7th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 11 June 2023 for AED 840,000, or AED 1,140 per sqft, 10% above the AED 1,040 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 July 2026. The current contract, signed on 1 July 2026, is AED 80,000 a year: a gross yield of 9.5% on the 2023 price.
Sales and rents for 705 over time
705 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in ELEVATE by Prescott, and where 705 sits
All 75 1-beds →705 last sold in June 2023 at AED 1,140 per sqft, 10% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,040). Over the last 12 months one-beds sold for AED 850,000 to 1,320,000, around AED 1,490 per sqft, and rent for AED 70,000 to 95,000 a year. 705's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 761 sqft | 1,200,000 | 1,577 | ||
| 19 Sep 202619 September 2026 | 906 sqft | 1,320,000 | 1,456 | ||
| 16 Sep 202616 September 2026 | 732 sqft | 1,125,000 | 1,537 | ||
| 10 Sep 202610 September 2026 | 732 sqft | 1,090,000 | 1,488 |
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 7th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 419 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | 47,000 /yr | |
| 702 | Studio | 416 sqft | AED 525KAED 525,000 · Jul 2023July 2023 | ||
| 703 | Studio | 416 sqft | AED 525KAED 525,000 · Jul 2023July 2023 | 50,000 /yr | |
| 704 | Studio | 414 sqft | AED 520KAED 520,000 · Jun 2023June 2023 | 50,000 /yr | |
| 706 | Studio | 405 sqft | AED 670KAED 670,000 · Oct 2026October 2026 | ||
| 707 | 2-bed | 1,236 sqft | AED 1.28MAED 1,275,000 · Jul 2023July 2023 | ||
| 708 | 1-bed | 900 sqft | AED 870KAED 870,000 · Jul 2023July 2023 | ||
| 709 | Studio | 426 sqft | AED 690KAED 690,000 · Jul 2026July 2026 | 50,000 /yr | |
| 710 | Studio | 424 sqft | AED 720KAED 720,000 · Dec 2025December 2025 | ||
| 711 | Studio | 423 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | ||
| 712 | 2-bed | 1,222 sqft | AED 1.33MAED 1,325,000 · Jun 2023June 2023 | 128,000 /yr | |
| 713 | 1-bed | 858 sqft | AED 1.08MAED 1,075,000 · Aug 2026August 2026 | 85,000 /yr | |
| 714 | 1-bed | 878 sqft | AED 880KAED 880,000 · Jun 2023June 2023 | 80,000 /yr | |
| 715 | 1-bed | 761 sqft | AED 1.11MAED 1,110,000 · Nov 2025November 2025 | 80,000 /yr |
705, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 11 June 2023 for AED 840,000, or AED 1,140 per sqft.
- Rented since July 2026 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 9.5%.
- One-beds in ELEVATE by Prescott sold for AED 850,000–1,320,000 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 1 July 2026.
Questions about 705, ELEVATE by Prescott
What did unit 705 last sell for?
AED 840,000 on 11 June 2023, sold by the developer: AED 1,140 per sqft for 737 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 80,000 a year on the contract signed on 1 July 2026.
How big is unit 705?
737 sqft (68.5 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2025.
What is unit 705 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ELEVATE by Prescott sold for AED 850,000 to 1,320,000 in the last 12 months, around AED 1,490 per sqft.
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Mortgage on 705, ELEVATE by Prescott
Starts from the last sale price (AED 840K, 11 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →