1203, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, ELEVATE by Prescott
What is 1203 worth today?
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Source: Dubai Land Department. Updated 18 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 416 sqft
- Floor
- 12th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 605K · February 2025
- Building
- ELEVATE by Prescott
About 1203, ELEVATE by Prescott
1203 is a studio of 416 sqft on the 12th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 18 February 2025 for AED 605,000, or AED 1,455 per sqft, in line with 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 1203 over time
1203 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 1203 sits
All 111 studios →1203 last sold in February 2025 at AED 1,455 per sqft, in line with 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Dec 202523 December 2025 | 423 sqft | 700,000 | 1,653 | ||
| 22 Dec 202522 December 2025 | 403 sqft | 690,000 | 1,711 | ||
| 12 Dec 202512 December 2025 | 424 sqft | 720,000 | 1,697 | ||
| 8 Dec 20258 December 2025 | 403 sqft | 680,000 | 1,686 |
ELEVATE by Prescott
Building223 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
Other units on the 12th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 419 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | ||
| 1202 | Studio | 416 sqft | AED 675KAED 675,000 · Mar 2025March 2025 | ||
| 1204 | Studio | 414 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1205 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | ||
| 1206 | Studio | 405 sqft | AED 600KAED 600,000 · Jan 2025January 2025 | ||
| 1207 | 2-bed | 1,236 sqft | AED 1.3MAED 1,300,000 · Jun 2023June 2023 | ||
| 1208 | 1-bed | 900 sqft | AED 990KAED 990,000 · Sep 2024September 2024 | ||
| 1209 | Studio | 425 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | ||
| 1210 | Studio | 424 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1211 | Studio | 423 sqft | AED 620KAED 620,000 · Jul 2025July 2025 | ||
| 1212 | 2-bed | 1,222 sqft | AED 1.35MAED 1,350,000 · May 2023May 2023 | ||
| 1213 | 1-bed | 858 sqft | AED 895KAED 895,000 · Jun 2023June 2023 | ||
| 1214 | 1-bed | 878 sqft | AED 895KAED 895,000 · Jun 2023June 2023 | ||
| 1215 | 1-bed | 761 sqft | AED 890KAED 890,000 · Jul 2023July 2023 |
1203, ELEVATE by Prescott in numbers
- Sold twice: first on 11 July 2023 for AED 530,000, last on 18 February 2025 for AED 605,000 (AED 1,455 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 18 February 2025.
Questions about 1203, ELEVATE by Prescott
What did unit 1203 last sell for?
AED 605,000 on 18 February 2025: AED 1,455 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 530,000 in July 2023.
How big is unit 1203?
416 sqft (38.6 sqm): a studio on the 12th floor of a 15-storey tower completed in 2025.
What is unit 1203 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 1203, ELEVATE by Prescott
Starts from the last sale price (AED 605K, 18 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 605,000
- Deposit, UAE resident (20%)
- AED 121,000
- Deposit, non-resident (40%)
- AED 242,000
- Monthly over 25 years at 3.7%
- AED 2,475
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →