2-bed · 1,222 sqftELEVATE by Prescott, Arjan · 7th floor · completed 2025

712, 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.

Unit 712 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 1.33M1 June 2023
Current rentAED 128K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, ELEVATE by Prescott

What is 712 worth today?

Last sold for AED 1,325,000 in 2023

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7 Sep 2026RentedNew contract
AED 128,000/yr12 months · AED 105 per sqft
1 Jun 2023Sold by developerOff-plan
AED 1,325,000AED 1,084 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
2-bed apartment
Size
1,222 sqft
Floor
7th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 1.33M · June 2023

About 712, ELEVATE by Prescott

712 is a two-bedroom apartment of 1,222 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 1 June 2023 for AED 1,325,000, or AED 1,084 per sqft, in line with the AED 1,094 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 September 2026. The current contract, signed on 7 September 2026, is AED 128,000 a year: a gross yield of 9.7% on the 2023 price.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical two-bed in ELEVATE by Prescott
1.25M1.5M1.75M20232024202520262027Typical sale price by year: 2023 AED 1,312,250; 2024 AED 1,415,000; 2025 AED 1,580,000; 2026 AED 1,800,000Sold by developer, June 2023: AED 1,325,000 (AED 1,084 per sqft)

712 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in ELEVATE by Prescott, and where 712 sits

All 30 2-beds →

712 last sold in June 2023 at AED 1,084 per sqft, in line with what two-beds in ELEVATE by Prescott were fetching at the time (AED 1,094). Over the last 12 months two-beds sold for AED 1,300,000 to 2,000,000, around AED 1,473 per sqft, and rent for AED 100,000 to 145,000 a year. 712's AED 128,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,660,000
19 Aug 20261,650,000
18 Aug 20261,700,000
4 Aug 20261,900,000
11 2-bed 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

712, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 1 June 2023 for AED 1,325,000, or AED 1,084 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 128,000 a year.
  • At AED 128,000 a year the gross yield on the 2023 price is 9.7%.
  • Two-beds in ELEVATE by Prescott sold for AED 1,300,000–2,000,000 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 7 September 2026.

Questions about 712, ELEVATE by Prescott

What did unit 712 last sell for?

AED 1,325,000 on 1 June 2023, sold by the developer: AED 1,084 per sqft for 1,222 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 128,000 a year on the contract signed on 7 September 2026.

How big is unit 712?

1,222 sqft (113.5 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2025.

What is unit 712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in ELEVATE by Prescott sold for AED 1,300,000 to 2,000,000 in the last 12 months, around AED 1,473 per sqft.

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Mortgage on 712, ELEVATE by Prescott

Starts from the last sale price (AED 1.33M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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