Studio · 416 sqftELEVATE by Prescott, Arjan · 10th floor · completed 2025

1002, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 625K3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, ELEVATE by Prescott

What is 1002 worth today?

Last sold for AED 625,000 in 2025

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3 Mar 2025SoldOff-plan
AED 625,000AED 1,503 per sqft
21 Jun 2023Sold by developerOff-plan
AED 500,000AED 1,202 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
10th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 625K · March 2025

About 1002, ELEVATE by Prescott

1002 is a studio of 416 sqft on the 10th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 3 March 2025 for AED 625,000, or AED 1,503 per sqft, 6% above the AED 1,414 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical studio in ELEVATE by Prescott
500K600K2023202420252026Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 630,000Sold by developer, June 2023: AED 500,000 (AED 1,202 per sqft)Sold, March 2025: AED 625,000 (AED 1,503 per sqft)

1002 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1002 sits

All 111 studios →

1002 last sold in March 2025 at AED 1,503 per sqft, 6% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,414). Over the last 12 months studios sold for AED 680,000 to 720,000, around AED 1,692 per sqft.

Recent studio salesUnit no.Price (AED)Summary
23 Dec 2025700,000
22 Dec 2025690,000
12 Dec 2025720,000
8 Dec 2025680,000
4 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 . 10 sold in the last 12 months.

Typical price per sqft
AED 1,492 Up 2.5%
Typical sale
AED 1.08M
Typical rent
Few contracts
Typical yield
ELEVATE by Prescott, Arjan: prices, sales and rents →

Other units on the 10th floor

All 223 units in ELEVATE by Prescott
Value
1001StudioAED 500K · Jul 2023
1003StudioAED 448K · Jul 2023
1004AED 660K · Oct 2025
10051-bedAED 810K · Jul 2023
1006StudioAED 530K · Jul 2023
10072-bedAED 1.36M · Jul 2023
10081-bedAED 925K · Aug 2024
1–7 of 14

1002, ELEVATE by Prescott in numbers

  • Sold twice: first on 21 June 2023 for AED 500,000, last on 3 March 2025 for AED 625,000 (AED 1,503 per sqft).
  • Studios in ELEVATE by Prescott sold for AED 680,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,492 per sqft.

Source: Dubai Land Department. Updated 3 March 2025.

Questions about 1002, ELEVATE by Prescott

What did unit 1002 last sell for?

AED 625,000 on 3 March 2025: AED 1,503 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 500,000 in June 2023.

How big is unit 1002?

416 sqft (38.6 sqm): a studio on the 10th floor of a 15-storey tower completed in 2025.

What is unit 1002 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 680,000 to 720,000 in the last 12 months, around AED 1,692 per sqft.

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Mortgage on 1002, ELEVATE by Prescott

Starts from the last sale price (AED 625K, 3 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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