Studio · 423 sqftELEVATE by Prescott, Arjan · 13th floor · completed 2025

1311, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 620K27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, ELEVATE by Prescott

What is 1311 worth today?

Last sold for AED 620,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Dec 2024SoldOff-plan
AED 620,000AED 1,464 per sqft
20 Jul 2023Sold by developerOff-plan
AED 535,000AED 1,263 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
13th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 620K · December 2024

About 1311, ELEVATE by Prescott

1311 is a studio of 423 sqft on the 13th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 27 December 2024 for AED 620,000, or AED 1,464 per sqft, 7% above the AED 1,367 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1311 over time

Sales
Unit 1311, each saleTypical studio in ELEVATE by Prescott
550K600K2023202420252026Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 630,000Sold by developer, July 2023: AED 535,000 (AED 1,263 per sqft)Sold, December 2024: AED 620,000 (AED 1,464 per sqft)

1311 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1311 sits

All 111 studios →

1311 last sold in December 2024 at AED 1,464 per sqft, 7% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,367). 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 13th floor

All 223 units in ELEVATE by Prescott
Value
1301StudioAED 590K · Aug 2024
1302StudioAED 545K · Jul 2023
1303StudioAED 545K · May 2023
1304StudioAED 610K · Jun 2025
13051-bedAED 870K · Jun 2023
1306StudioAED 640K · Apr 2025
13072-bedAED 1.34M · Jul 2023
1–7 of 14

1311, ELEVATE by Prescott in numbers

  • Sold twice: first on 20 July 2023 for AED 535,000, last on 27 December 2024 for AED 620,000 (AED 1,464 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 27 December 2024.

Questions about 1311, ELEVATE by Prescott

What did unit 1311 last sell for?

AED 620,000 on 27 December 2024: AED 1,464 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 535,000 in July 2023.

How big is unit 1311?

423 sqft (39.3 sqm): a studio on the 13th floor of a 15-storey tower completed in 2025.

What is unit 1311 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.

Selling 1311? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1311, ELEVATE by Prescott

Starts from the last sale price (AED 620K, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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