Studio · 455 sqftELEVATE by Prescott, Arjan · 5th floor · completed 2025

513, 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.

Unit 513 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 650K5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, ELEVATE by Prescott

What is 513 worth today?

Last sold for AED 650,000 in 2024

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5 Dec 2024SoldOff-plan
AED 650,000AED 1,428 per sqft
1 Jun 2023Sold by developerOff-plan
AED 540,000AED 1,186 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
5th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 650K · December 2024

About 513, ELEVATE by Prescott

513 is a studio of 455 sqft on the 5th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 5 December 2024 for AED 650,000, or AED 1,428 per sqft, 8% above the AED 1,324 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical studio in ELEVATE by Prescott
550K600K650K2023202420252026Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 630,000Sold by developer, June 2023: AED 540,000 (AED 1,186 per sqft)Sold, December 2024: AED 650,000 (AED 1,428 per sqft)

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

Studios in ELEVATE by Prescott, and where 513 sits

All 111 studios →

513 last sold in December 2024 at AED 1,428 per sqft, 8% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,324). 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 5th floor

All 223 units in ELEVATE by Prescott
Value
5011-bedAED 1M · Jan 2025
5021-bedAED 860K · May 2023
5031-bedAED 1.1M · Feb 2026
504StudioAED 620K · May 2025
5052-bedAED 1.28M · Jul 2023
506StudioAED 540K · May 2023
507StudioAED 550K · Jul 2023
1–7 of 14

513, ELEVATE by Prescott in numbers

  • Sold twice: first on 1 June 2023 for AED 540,000, last on 5 December 2024 for AED 650,000 (AED 1,428 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 5 December 2024.

Questions about 513, ELEVATE by Prescott

What did unit 513 last sell for?

AED 650,000 on 5 December 2024: AED 1,428 per sqft for 455 sqft. The unit has 2 registered sales; the first was AED 540,000 in June 2023.

How big is unit 513?

455 sqft (42.3 sqm): a studio on the 5th floor of a 15-storey tower completed in 2025.

What is unit 513 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 513, ELEVATE by Prescott

Starts from the last sale price (AED 650K, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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