Studio · 425 sqftELEVATE by Prescott, Arjan · 8th floor · completed 2025

809, 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 809 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 530K7 June 2023
Current rentAED 52K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, ELEVATE by Prescott

What is 809 worth today?

Last sold for AED 530,000 in 2023

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20 Sep 2026RentedNew contract
AED 52,000/yr12 months · AED 122 per sqft
7 Jun 2023Sold by developerOff-plan
AED 530,000AED 1,246 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
8th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 530K · June 2023

About 809, ELEVATE by Prescott

809 is a studio of 425 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 7 June 2023 for AED 530,000, or AED 1,246 per sqft, in line with the AED 1,260 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2026. The current contract, signed on 20 September 2026, is AED 52,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 809 over time

Sales
Unit 809, 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 530,000 (AED 1,246 per sqft)

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

Studios in ELEVATE by Prescott, and where 809 sits

All 118 studios →

809 last sold in June 2023 at AED 1,246 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,260). 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. 809's AED 52,000 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
806StudioAED 520K · Jul 2023
8072-bedAED 1.66M · Oct 2026
1–7 of 14

809, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 7 June 2023 for AED 530,000, or AED 1,246 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 9.8%.
  • 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 20 September 2026.

Questions about 809, ELEVATE by Prescott

What did unit 809 last sell for?

AED 530,000 on 7 June 2023, sold by the developer: AED 1,246 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 52,000 a year on the contract signed on 20 September 2026.

How big is unit 809?

425 sqft (39.5 sqm): a studio on the 8th floor of a 15-storey tower completed in 2025.

What is unit 809 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 809, ELEVATE by Prescott

Starts from the last sale price (AED 530K, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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