407, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in September 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 407, ELEVATE by Prescott
What is 407 worth today?
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Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 4th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 615K · September 2024
- Building
- ELEVATE by Prescott
About 407, ELEVATE by Prescott
407 is a studio of 422 sqft on the 4th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 3 September 2024 for AED 615,000, or AED 1,458 per sqft, 13% above the AED 1,292 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 407 sits
All 111 studios →407 last sold in September 2024 at AED 1,458 per sqft, 13% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,292). 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 4th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 780 sqft | AED 980KAED 980,000 · Nov 2024November 2024 | ||
| 402 | 1-bed | 777 sqft | AED 850KAED 850,000 · Jun 2023June 2023 | ||
| 403 | 1-bed | 737 sqft | AED 840KAED 840,000 · May 2023May 2023 | ||
| 404 | Studio | 405 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | ||
| 405 | 2-bed | 1,236 sqft | AED 1.24MAED 1,240,000 · Jul 2023July 2023 | ||
| 406 | Studio | 467 sqft | AED 600KAED 600,000 · Aug 2024August 2024 | ||
| 408 | Studio | 425 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | ||
| 409 | Studio | 424 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | ||
| 410 | Studio | 423 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | ||
| 411 | 2-bed | 1,224 sqft | AED 1.54MAED 1,540,000 · May 2025May 2025 | ||
| 412 | Studio | 403 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | ||
| 413 | Studio | 455 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | ||
| 414 | 1-bed | 878 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | ||
| 415 | 1-bed | 742 sqft | AED 840KAED 840,000 · May 2023May 2023 |
407, ELEVATE by Prescott in numbers
- Sold twice: first on 10 July 2023 for AED 540,000, last on 3 September 2024 for AED 615,000 (AED 1,458 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 3 September 2024.
Questions about 407, ELEVATE by Prescott
What did unit 407 last sell for?
AED 615,000 on 3 September 2024: AED 1,458 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 540,000 in July 2023.
How big is unit 407?
422 sqft (39.2 sqm): a studio on the 4th floor of a 15-storey tower completed in 2025.
What is unit 407 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 407, ELEVATE by Prescott
Starts from the last sale price (AED 615K, 3 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 615,000
- Deposit, UAE resident (20%)
- AED 123,000
- Deposit, non-resident (40%)
- AED 246,000
- Monthly over 25 years at 3.7%
- AED 2,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →