1508, 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.
Property timeline for 1508, ELEVATE by Prescott
What is 1508 worth today?
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Source: Dubai Land Department. Updated 24 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 900 sqft
- Floor
- 15th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 1.25M · December 2024
- Building
- ELEVATE by Prescott
About 1508, ELEVATE by Prescott
1508 is a one-bedroom apartment of 900 sqft on the 15th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 24 December 2024 for AED 1,250,000, or AED 1,389 per sqft, 19% above the AED 1,165 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1508 over time
1508 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in ELEVATE by Prescott, and where 1508 sits
All 68 1-beds →1508 last sold in December 2024 at AED 1,389 per sqft, 19% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,165). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 742 sqft | 1,050,000 | 1,415 | ||
| 9 Feb 20269 February 2026 | 737 sqft | 1,100,000 | 1,492 | ||
| 29 Jan 202629 January 2026 | 878 sqft | 1,200,000 | 1,366 | ||
| 8 Dec 20258 December 2025 | 737 sqft | 1,100,000 | 1,492 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 419 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 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 | ||
| 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 |
1508, ELEVATE by Prescott in numbers
- Sold twice: first on 19 June 2023 for AED 900,000, last on 24 December 2024 for AED 1,250,000 (AED 1,389 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 24 December 2024.
Questions about 1508, ELEVATE by Prescott
What did unit 1508 last sell for?
AED 1,250,000 on 24 December 2024: AED 1,389 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 900,000 in June 2023.
How big is unit 1508?
900 sqft (83.6 sqm): a one-bedroom apartment on the 15th floor of a 15-storey tower completed in 2025.
What is unit 1508 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 1508, ELEVATE by Prescott
Starts from the last sale price (AED 1.25M, 24 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →