Studio · 416 sqftELEVATE by Prescott, Arjan · 8th floor · completed 2025

803, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in August 2025, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 27 June 2026
Last soldAED 660K1 August 2025
Current rentAED 46K /yr27 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, ELEVATE by Prescott

What is 803 worth today?

Last sold for AED 660,000 in 2025

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27 Jun 2026RentedNew contract
AED 46,000/yr12 months · AED 109 per sqft
1 Aug 2025SoldOff-plan
AED 660,000AED 1,587 per sqft
7 Jun 2023Sold by developerOff-plan
AED 525,000AED 1,262 per sqft

Source: Dubai Land Department. Updated 27 June 2026.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
8th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 660K · August 2025

About 803, ELEVATE by Prescott

803 is a studio of 416 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 1 August 2025 for AED 660,000, or AED 1,587 per sqft, 8% above the AED 1,472 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 June 2026. The current contract, signed on 27 June 2026, is AED 46,000 a year: a gross yield of 7.0% on the 2025 price.

Sales and rents for 803 over time

Sales
Unit 803, 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, June 2023: AED 525,000 (AED 1,262 per sqft)Sold, August 2025: AED 660,000 (AED 1,587 per sqft)

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

Studios in ELEVATE by Prescott, and where 803 sits

All 118 studios →

803 last sold in August 2025 at AED 1,587 per sqft, 8% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,472). 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. 803's AED 46,000 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
801StudioAED 500K · Jun 2024
802StudioAED 660K · Sep 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

803, ELEVATE by Prescott in numbers

  • Sold twice: first on 7 June 2023 for AED 525,000, last on 1 August 2025 for AED 660,000 (AED 1,587 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2025 price is 7.0%.
  • 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 27 June 2026.

Questions about 803, ELEVATE by Prescott

What did unit 803 last sell for?

AED 660,000 on 1 August 2025: AED 1,587 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 525,000 in June 2023.

What is the rent for unit 803?

AED 46,000 a year on the contract signed on 27 June 2026.

How big is unit 803?

416 sqft (38.6 sqm): a studio on the 8th floor of a 15-storey tower completed in 2025.

What is unit 803 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 803, ELEVATE by Prescott

Starts from the last sale price (AED 660K, 1 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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