Studio · 425 sqftELEVATE by Prescott, Arjan · 14th floor · completed 2025

1409, ELEVATE by Prescott

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

Unit 1409 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 590K30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, ELEVATE by Prescott

What is 1409 worth today?

Last sold for AED 590,000 in 2024

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30 Jan 2024SoldOff-plan
AED 590,000AED 1,387 per sqft
11 May 2023Sold by developerOff-plan
AED 545,000AED 1,281 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
14th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 590K · January 2024

About 1409, ELEVATE by Prescott

1409 is a studio of 425 sqft on the 14th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 30 January 2024 for AED 590,000, or AED 1,387 per sqft, 8% above the AED 1,281 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, May 2023: AED 545,000 (AED 1,281 per sqft)Sold, January 2024: AED 590,000 (AED 1,387 per sqft)

1409 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1409 sits

All 111 studios →

1409 last sold in January 2024 at AED 1,387 per sqft, 8% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,281). 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 2.9%
Typical sale
AED 1.08M
Typical rent
Few contracts
Typical yield
ELEVATE by Prescott, Arjan: prices, sales and rents →

Other units on the 14th floor

All 223 units in ELEVATE by Prescott
Value
1401StudioAED 545K · Jun 2023
1402AED 670K · Oct 2025
1403StudioAED 650K · Jul 2025
1404StudioAED 545K · May 2023
14051-bedAED 870K · Jun 2023
1406StudioAED 545K · Jun 2023
14072-bedAED 1.31M · Jul 2023
1–7 of 14

1409, ELEVATE by Prescott in numbers

  • Sold twice: first on 11 May 2023 for AED 545,000, last on 30 January 2024 for AED 590,000 (AED 1,387 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 30 January 2024.

Questions about 1409, ELEVATE by Prescott

What did unit 1409 last sell for?

AED 590,000 on 30 January 2024: AED 1,387 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 545,000 in May 2023.

How big is unit 1409?

425 sqft (39.5 sqm): a studio on the 14th floor of a 15-storey tower completed in 2025.

What is unit 1409 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 1409, ELEVATE by Prescott

Starts from the last sale price (AED 590K, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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