1-bed · 878 sqftELEVATE by Prescott, Arjan · 7th floor · completed 2025

714, ELEVATE by Prescott

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

Unit 714 · DLD and Ejari recordsUpdated 31 May 2026
Last soldAED 880K7 June 2023
Current rentAED 80K /yr31 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, ELEVATE by Prescott

What is 714 worth today?

Last sold for AED 880,000 in 2023

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31 May 2026RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
7 Jun 2023Sold by developerOff-plan
AED 880,000AED 1,002 per sqft

Source: Dubai Land Department. Updated 31 May 2026.

Key facts

Type
1-bed apartment
Size
878 sqft
Floor
7th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 880K · June 2023

About 714, ELEVATE by Prescott

714 is a one-bedroom apartment of 878 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 7 June 2023 for AED 880,000, or AED 1,002 per sqft, 4% below the AED 1,040 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 May 2026. The current contract, signed on 31 May 2026, is AED 80,000 a year: a gross yield of 9.1% on the 2023 price.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical one-bed in ELEVATE by Prescott
1M1.2M20232024202520262027Typical sale price by year: 2023 AED 870,000; 2024 AED 1,000,000; 2025 AED 1,022,500; 2026 AED 1,191,000Sold by developer, June 2023: AED 880,000 (AED 1,002 per sqft)

714 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 714 sits

All 75 1-beds →

714 last sold in June 2023 at AED 1,002 per sqft, 4% below 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. 714's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,200,000
19 Sep 20261,320,000
16 Sep 20261,125,000
10 Sep 20261,090,000
20 1-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

714, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 7 June 2023 for AED 880,000, or AED 1,002 per sqft.
  • Rented since May 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 9.1%.
  • 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 31 May 2026.

Questions about 714, ELEVATE by Prescott

What did unit 714 last sell for?

AED 880,000 on 7 June 2023, sold by the developer: AED 1,002 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 80,000 a year on the contract signed on 31 May 2026.

How big is unit 714?

878 sqft (81.6 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2025.

What is unit 714 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 714, ELEVATE by Prescott

Starts from the last sale price (AED 880K, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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