Studio · 419 sqftELEVATE by Prescott, Arjan · 8th floor · completed 2025

801, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in June 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 500K19 June 2024
Current rentAED 54K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, ELEVATE by Prescott

What is 801 worth today?

Last sold for AED 500,000 in 2024

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1 Jul 2026RentedNew contract
AED 54,000/yr12 months · AED 129 per sqft
19 Jun 2024SoldOff-plan
AED 500,000AED 1,193 per sqft
21 May 2023Sold by developerOff-plan
AED 525,000AED 1,253 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
8th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 500K · June 2024

About 801, ELEVATE by Prescott

801 is a studio of 419 sqft on the 8th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 19 June 2024 for AED 500,000, or AED 1,193 per sqft, 7% below the AED 1,285 studios 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 54,000 a year: a gross yield of 10.8% on the 2024 price.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical studio in ELEVATE by Prescott
500K600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, May 2023: AED 525,000 (AED 1,253 per sqft)Sold, June 2024: AED 500,000 (AED 1,193 per sqft)

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

Studios in ELEVATE by Prescott, and where 801 sits

All 118 studios →

801 last sold in June 2024 at AED 1,193 per sqft, 7% below what studios in ELEVATE by Prescott were fetching at the time (AED 1,285). 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. 801's AED 54,000 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 8th floor

All 223 units in ELEVATE by Prescott
Value
802StudioAED 660K · Sep 2025
803StudioAED 660K · Aug 2025
804StudioAED 525K · Jun 2023
8051-bedAED 840K · Jun 2023
806StudioAED 520K · Jul 2023
8072-bedAED 1.66M · Oct 2026
8081-bedAED 870K · Jun 2023
1–7 of 14

801, ELEVATE by Prescott in numbers

  • Sold twice: first on 21 May 2023 for AED 525,000, last on 19 June 2024 for AED 500,000 (AED 1,193 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2024 price is 10.8%.
  • 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 1 July 2026.

Questions about 801, ELEVATE by Prescott

What did unit 801 last sell for?

AED 500,000 on 19 June 2024: AED 1,193 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 525,000 in May 2023.

What is the rent for unit 801?

AED 54,000 a year on the contract signed on 1 July 2026.

How big is unit 801?

419 sqft (38.9 sqm): a studio on the 8th floor of a 15-storey tower completed in 2025.

What is unit 801 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 801, ELEVATE by Prescott

Starts from the last sale price (AED 500K, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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