1501, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in July 2023, 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 1501, ELEVATE by Prescott
What is 1501 worth today?
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Source: Dubai Land Department. Updated 13 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 419 sqft
- Floor
- 15th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 550K · July 2023
- Building
- ELEVATE by Prescott
About 1501, ELEVATE by Prescott
1501 is a studio of 419 sqft on the 15th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 13 July 2023 for AED 550,000, or AED 1,312 per sqft, in line with the AED 1,284 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1501 over time
1501 has sold once; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 1501 sits
All 111 studios →1501 last sold in July 2023 at AED 1,312 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,284). 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 15th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | Studio | 416 sqft | AED 560KAED 560,000 · Jan 2024January 2024 | ||
| 1503 | Studio | 416 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | ||
| 1504 | Studio | 414 sqft | AED 545KAED 545,000 · May 2023May 2023 | ||
| 1505 | 1-bed | 737 sqft | AED 875KAED 875,000 · Jul 2023July 2023 | ||
| 1506 | Studio | 405 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | ||
| 1507 | 2-bed | 1,236 sqft | AED 1.36MAED 1,355,000 · Jul 2023July 2023 | ||
| 1508 | 1-bed | 900 sqft | AED 1.25MAED 1,250,000 · Dec 2024December 2024 | ||
| 1509 | Studio | 425 sqft | AED 650KAED 650,000 · Nov 2024November 2024 | ||
| 1510 | Studio | 424 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1511 | Studio | 423 sqft | AED 490KAED 490,000 · Mar 2024March 2024 | ||
| 1512 | 2-bed | 1,222 sqft | AED 1.39MAED 1,390,000 · Jul 2023July 2023 | ||
| 1513 | 1-bed | 858 sqft | AED 900KAED 900,000 · Jun 2023June 2023 | ||
| 1514 | 1-bed | 878 sqft | AED 882KAED 882,000 · Jul 2023July 2023 | ||
| 1515 | 1-bed | 761 sqft | AED 940KAED 940,000 · Feb 2025February 2025 |
1501, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 13 July 2023 for AED 550,000, or AED 1,312 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 13 July 2023.
Questions about 1501, ELEVATE by Prescott
What did unit 1501 last sell for?
AED 550,000 on 13 July 2023, sold by the developer: AED 1,312 per sqft for 419 sqft. It is the only registered sale of the unit.
How big is unit 1501?
419 sqft (38.9 sqm): a studio on the 15th floor of a 15-storey tower completed in 2025.
What is unit 1501 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 1501, ELEVATE by Prescott
Starts from the last sale price (AED 550K, 13 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →