ELEVATE by Prescott, Arjan: sale prices and transactions
ELEVATE by Prescott is a project registered with the Dubai Land Department (project no. 2566) in Arjan. Since April 2023, 346 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 52 sales closed at a median AED 16,620 per m² (AED 1,544 per sq ft).
- AED 16,620median price per m²
- AED 1,544median price per sq ft
- 346sales since 2023
- 52sales in 12 months
- +6.7%change year on year
Its price per m² is in line with the Arjan median (AED 16,863/m²). Most sales (89.3%) were registered off-plan: the project was sold before completion.
ELEVATE by Prescott prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 19 | AED 690,000 | 39 m² |
| Apartment · 1 bedroom | 21 | AED 1,182,000 | 72 m² |
| Apartment · 2 bedrooms | 12 | AED 1,840,000 | 113 m² |
ELEVATE by Prescott price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2023 | 221 | AED 12,772 | AED 1,187 | — |
| 2024 | 31 | AED 14,003 | AED 1,301 | +9.6% |
| 2025 | 53 | AED 15,962 | AED 1,483 | +14% |
| 2026 (to mid-October) | 41 | AED 16,547 | AED 1,537 | +3.7% |
ELEVATE by Prescott rents
134 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 7.2%, 1 bedroom 6.8%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 81 | AED 50,000 | 47,750 – 52,500 | AED 50,000 |
| Apartment · 1 bedroom | 44 | AED 80,000 | 78,000 – 85,000 | AED 80,000 |
| Apartment · 2 bedrooms | 9 | AED 124,000 | 107,500 – 129,000 | — |
Location
- Nearest metro: Sharaf Dg Metro Station
- Shopping mall: Mall of the Emirates
- Landmark: Motor City
Neighbouring projects in Arjan
Same price per m² elsewhere in Dubai
- Samana Mykonos, Dubai Studio City — AED 16,614/m²
- Urban Park Residences, Dubai Sports City — AED 16,620/m²
- Al Furjan, Al Furjan — AED 16,611/m²
- The Polo Residence, Meydan Racecourse Community — AED 16,630/m²
Other projects in Arjan
- Marquis Insignia — AED 16,923/m²
- SKYZ By Danube — AED 16,314/m²
- Prime Gardens — AED 16,291/m²
- Avelon Boulevard — AED 16,039/m²
- Gardens 2 — AED 16,037/m²
- Ashley Hills — AED 15,986/m²
- Marquis Galleria — AED 15,900/m²
- Kyoto by ORO24 — AED 15,875/m²
Frequently asked questions
What is the price per sq ft at ELEVATE by Prescott?
Over the last 12 months the median is AED 1,544 per sq ft (AED 16,620 per m²) across 52 DLD sales.
How much is a studio at ELEVATE by Prescott?
Median sale price AED 690,000 for a median 39 m², across 19 sales over the last 12 months.
How many sales have been registered at ELEVATE by Prescott?
346 residential sales registered with the DLD between April 2023 and October 2026, 89.3% of them off-plan.
Where is ELEVATE by Prescott?
In Arjan (DLD area Al Barshaa South Third), Dubai; nearest metro station per the DLD: Sharaf Dg Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.