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Project profile

Elevate by Prescott Project · Arjan · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Prescott Real Estate Development

Data to 4 November 2026

Registered sales
50
Last 12 months
Median ready price
AED 1,549
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 4 June 2026. In the last 12 months, Dubai Land Department registered 50 sales in Elevate by Prescott, worth AED 56.8M in total. The median price was 1,493 AED/sqft off-plan and 1,549 AED/sqft for ready homes.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress100%

Completed

Start
1 March 2023
DLD end date
31 March 2025
Completion
4 June 2026
Units
223
Buildings
1

Launch and latest registrations.

Launch price
AED 1,187
First 90 days from Apr 2023, 218 home sales
Last 12 months
AED 1,540
50 home sales
Change
+36.7%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Elevate by Prescott registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Jan 2024 — 2 sales
Feb 2024 —
Mar 2024 — 1 sale
Apr 2024 —
May 2024 —
Jun 2024 — 1 sale
Jul 2024 — 3 sales
Aug 2024 — 4 sales
Sep 2024 1,150 AED/sqft 8 sales
Oct 2024 — 2 sales
Nov 2024 1,333 AED/sqft 5 sales
Dec 2024 1,445 AED/sqft 5 sales
Jan 2025 1,421 AED/sqft 5 sales
Feb 2025 — 4 sales
Mar 2025 1,399 AED/sqft 8 sales
Apr 2025 — 2 sales
May 2025 — 4 sales
Jun 2025 — 3 sales
Jul 2025 1,459 AED/sqft 6 sales
Aug 2025 1,390 AED/sqft 6 sales
Sep 2025 — 3 sales
Oct 2025 1,570 AED/sqft 6 sales
Nov 2025 — 1 sale
Dec 2025 1,687 AED/sqft 5 sales
Jan 2026 — 1 sale
Feb 2026 — 3 sales
Mar 2026 —
Apr 2026 —
May 2026 —
Jun 2026 —
Jul 2026 —
Aug 2026 —
Sep 2026 —
Oct 2026 —

What does each home type sell and rent for in Elevate by Prescott?

  • Apartment · Studio

    Ready median price
    AED 695K
    Median yearly rent
    AED 50K
    Gross yield
    7.2%
  • Apartment · 1 bed

    Ready median price
    AED 1.2M
    Median yearly rent
    AED 80K
    Gross yield
    6.7%
  • Apartment · 2 beds

    Ready median price
    AED 1.9M
    Median yearly rent
    AED 124K
    Gross yield
    6.6%

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Arjan area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Arjan area report

The latest registered sales in Elevate by Prescott.

  • 3 Nov 2026

    ApartmentStudioReady403 sqft

    AED 742,0001,841 AED/sqft

  • 2 Nov 2026

    ApartmentStudioReady405 sqft

    AED 650,0001,605 AED/sqft

  • 22 Oct 2026

    Apartment2 bedsReady1,233 sqft

    AED 1,660,0001,346 AED/sqft

  • 9 Oct 2026

    ApartmentStudioReady405 sqft

    AED 670,0001,654 AED/sqft

  • 8 Oct 2026

    ApartmentStudioReady425 sqft

    AED 700,0001,647 AED/sqft

  • 2 Oct 2026

    Apartment1 bedReady761 sqft

    AED 1,200,0001,577 AED/sqft

  • 21 Sep 2026

    Apartment1 bedReady906 sqft

    AED 1,320,0001,457 AED/sqft

  • 16 Sep 2026

    Apartment1 bedReady732 sqft

    AED 1,125,0001,537 AED/sqft

  • 11 Sep 2026

    Apartment1 bedReady732 sqft

    AED 1,090,0001,489 AED/sqft

  • 4 Sep 2026

    ApartmentStudioReady423 sqft

    AED 715,0001,690 AED/sqft

Questions about Elevate by Prescott

What is the price per sq ft in Elevate by Prescott?

In the 12 months to 4 November 2026, the median registered sale price was 1,549 AED/sqft for ready homes and 1,493 AED/sqft off-plan. The two medians mix different home types.

How many homes were sold in Elevate by Prescott in the last 12 months?

In the last 12 months, Dubai Land Department registered 50 sales in Elevate by Prescott, worth AED 56.8M in total. The median price was 1,493 AED/sqft off-plan and 1,549 AED/sqft for ready homes. Registered sales to 4 November 2026.

What is the rent in Elevate by Prescott?

In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in Elevate by Prescott, at a median of AED 50,000 a year over 85 new contracts. Against its ready median price of AED 695,000, that is a gross yield of 7.2%, before service charges and other costs.

When was Elevate by Prescott completed?

Dubai Land Department lists the project as completed on 4 June 2026.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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