Studio · 426 sqftELEVATE by Prescott, Arjan · 7th floor · completed 2025

709, ELEVATE by Prescott

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

Unit 709 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 690K23 July 2026
Current rentAED 50K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, ELEVATE by Prescott

What is 709 worth today?

Last sold for AED 690,000 in 2026

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1 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 116 per sqft
23 Jul 2026SoldReady
AED 690,000AED 1,618 per sqft
13 Jul 2023Sold by developerOff-plan
AED 545,000AED 1,281 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
7th of 15
Parking
B-67
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 690K · July 2026

About 709, ELEVATE by Prescott

709 is a studio of 426 sqft on the 7th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 23 July 2026 for AED 690,000, or AED 1,618 per sqft, in line with the AED 1,611 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 50,000 a year: a gross yield of 7.2% on the 2026 price.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical studio in ELEVATE by Prescott
600K700K202320252027Typical 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 1,281 per sqft)Sold, July 2026: AED 690,000 (AED 1,618 per sqft)

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

Studios in ELEVATE by Prescott, and where 709 sits

All 118 studios →

709 last sold in July 2026 at AED 1,618 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,611). 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. 709's AED 50,000 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 7th floor

All 223 units in ELEVATE by Prescott
Value
701StudioAED 540K · Jul 2023
702StudioAED 525K · Jul 2023
703StudioAED 525K · Jul 2023
704StudioAED 520K · Jun 2023
7051-bedAED 840K · Jun 2023
706StudioAED 670K · Oct 2026
7072-bedAED 1.28M · Jul 2023
1–7 of 14

709, ELEVATE by Prescott in numbers

  • Sold twice: first on 13 July 2023 for AED 545,000, last on 23 July 2026 for AED 690,000 (AED 1,618 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2026 price is 7.2%.
  • 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 1 October 2026.

Questions about 709, ELEVATE by Prescott

What did unit 709 last sell for?

AED 690,000 on 23 July 2026: AED 1,618 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 545,000 in July 2023.

What is the rent for unit 709?

AED 50,000 a year on the contract signed on 1 October 2026.

How big is unit 709?

426 sqft (39.6 sqm): a studio on the 7th floor of a 15-storey tower completed in 2025.

What is unit 709 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 709, ELEVATE by Prescott

Starts from the last sale price (AED 690K, 23 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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