Studio · 405 sqftELEVATE by Prescott, Arjan · 8th floor · completed 2025

806, ELEVATE by Prescott

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

Unit 806 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 520K3 July 2023
Current rentAED 48K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, ELEVATE by Prescott

What is 806 worth today?

Last sold for AED 520,000 in 2023

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1 Jul 2026RentedNew contract
AED 48,000/yr12 months · AED 119 per sqft
3 Jul 2023Sold by developerOff-plan
AED 520,000AED 1,285 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
8th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 520K · July 2023

About 806, ELEVATE by Prescott

806 is a studio of 405 sqft on the 8th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 3 July 2023 for AED 520,000, or AED 1,285 per sqft, in line with the AED 1,267 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 48,000 a year: a gross yield of 9.2% on the 2023 price.

Sales and rents for 806 over time

Sales
Unit 806, 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, July 2023: AED 520,000 (AED 1,285 per sqft)

806 has sold once; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 806 sits

All 118 studios →

806 last sold in July 2023 at AED 1,285 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,267). 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. 806's AED 48,000 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
803StudioAED 660K · Aug 2025
804StudioAED 525K · Jun 2023
8051-bedAED 840K · Jun 2023
8072-bedAED 1.66M · Oct 2026
8081-bedAED 870K · Jun 2023
1–7 of 14

806, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 3 July 2023 for AED 520,000, or AED 1,285 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 9.2%.
  • 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 July 2026.

Questions about 806, ELEVATE by Prescott

What did unit 806 last sell for?

AED 520,000 on 3 July 2023, sold by the developer: AED 1,285 per sqft for 405 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 48,000 a year on the contract signed on 1 July 2026.

How big is unit 806?

405 sqft (37.6 sqm): a studio on the 8th floor of a 15-storey tower completed in 2025.

What is unit 806 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 806, ELEVATE by Prescott

Starts from the last sale price (AED 520K, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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