1-bed · 737 sqftELEVATE by Prescott, Arjan · 15th floor · completed 2025

1505, 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.

Unit 1505 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 875K3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, ELEVATE by Prescott

What is 1505 worth today?

Last sold for AED 875,000 in 2023

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3 Jul 2023Sold by developerOff-plan
AED 875,000AED 1,187 per sqft

Source: Dubai Land Department. Updated 3 July 2023.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
15th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 875K · July 2023

About 1505, ELEVATE by Prescott

1505 is a one-bedroom apartment of 737 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 3 July 2023 for AED 875,000, or AED 1,187 per sqft, 14% above the AED 1,044 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical one-bed in ELEVATE by Prescott
1M20232024202520262027Typical sale price by year: 2023 AED 870,000; 2024 AED 1,000,000; 2025 AED 1,020,000; 2026 AED 1,100,000Sold by developer, July 2023: AED 875,000 (AED 1,187 per sqft)

1505 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in ELEVATE by Prescott, and where 1505 sits

All 68 1-beds →

1505 last sold in July 2023 at AED 1,187 per sqft, 14% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,044). Over the last 12 months one-beds sold for AED 1,050,000 to 1,200,000, around AED 1,459 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,050,000
9 Feb 20261,100,000
29 Jan 20261,200,000
8 Dec 20251,100,000
5 1-bed 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 15th floor

All 223 units in ELEVATE by Prescott
Value
1501StudioAED 550K · Jul 2023
1502StudioAED 560K · Jan 2024
1503StudioAED 550K · Jun 2023
1504StudioAED 545K · May 2023
1506StudioAED 550K · Jun 2023
15072-bedAED 1.36M · Jul 2023
15081-bedAED 1.25M · Dec 2024
1–7 of 14

1505, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 3 July 2023 for AED 875,000, or AED 1,187 per sqft.
  • One-beds in ELEVATE by Prescott sold for AED 1,050,000–1,200,000 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 July 2023.

Questions about 1505, ELEVATE by Prescott

What did unit 1505 last sell for?

AED 875,000 on 3 July 2023, sold by the developer: AED 1,187 per sqft for 737 sqft. It is the only registered sale of the unit.

How big is unit 1505?

737 sqft (68.5 sqm): a one-bedroom apartment on the 15th floor of a 15-storey tower completed in 2025.

What is unit 1505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ELEVATE by Prescott sold for AED 1,050,000 to 1,200,000 in the last 12 months, around AED 1,459 per sqft.

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Mortgage on 1505, ELEVATE by Prescott

Starts from the last sale price (AED 875K, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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