Elevate By Prescott
إليفيت من بريسكوتPRESCOTT REAL ESTATE DEVELOPMENT L.L.C · Home sales since 2023 · mostly resales in the 12 months to 2 Oct 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Elevate By Prescott was AED 1,452/sqft in Aug 2026, from 8 home sales recorded.
Not recorded as finished
Check this project before you pay
Sent a brochure for Elevate By Prescott? This is what the Dubai Land Department’s records say, what other buyers paid, and what the records cannot tell you.
Is it on the Land Department’s project register?
Yes. This is what the Land Department’s projects file, dated 15 June 2026, says:
- Status:
- active per the Land Department · 87% complete
- Target completion:
- March 2025, which has passed
- Escrow account:
- with Dubai Islamic Bank
- Developer:
- PRESCOTT REAL ESTATE DEVELOPMENT L.L.C (developer no. 1207)
These are the file’s own entries as of that date, not today’s. A target date is not a promise, and an escrow account on the record is not an assurance about the project. The full record, with the developer’s licence entry, is in the card below.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What have buyers paid here?
Studio · 29 off-plan sales in the 12 months to 17 February 2026
The middle price was AED 650,000: 14 of these 29 buyers paid less, 13 paid more, 2 paid exactly that. 16 of the 29 paid between AED 620,000 and AED 670,000.
Per sqft: 15 of the 29 paid between AED 1,488/sqft and AED 1,606/sqft.
1-bed · 18 off-plan sales in the 12 months to 17 February 2026
The middle price was AED 1,060,000: 9 of these 18 buyers paid less, 9 paid more. 10 of the 18 paid between AED 1,000,000 and AED 1,100,000.
Per sqft: 10 of the 18 paid between AED 1,249/sqft and AED 1,420/sqft.
2-bed · 36 off-plan sales from Apr 2023 to Feb 2026
The middle price was AED 1,332,500: 18 of these 36 buyers paid less, 18 paid more. 19 of the 36 paid between AED 1,300,000 and AED 1,375,000.
Per sqft: 20 of the 36 paid between AED 1,033/sqft and AED 1,126/sqft.
Too few sold in the 12 months to this project’s newest off-plan sale to show those alone, so this is every off-plan sale of this home on record here.
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35 sales of finished homes are also recorded in this project. They are not in the figures above, which are off-plan sales only.
Dubai Land Department · recorded sales Off-plan sales of homes in this project, on record with the Land Department · sales of finished homes are not mixed in, and apartments are not mixed with villas. A home size is shown only with 8 or more sales behind it. File dated 8 Oct 2026 · synced 8 Oct 2026.
And in Arjan?
- Off-plan homes:
- AED 1,612/sqft typical price · Sep 2026 · 136 home sales
- Finished homes:
- AED 1,361/sqft typical price · Sep 2026 · 81 home sales
Each line is the last full month with 5 or more sales, so a month that has only just begun is not shown. Two different purchases, so they are shown apart and never mixed. Each line counts homes of every size in the area, this project’s included, so read it as a backdrop and not as a price for one home.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What has the developer done before?
PRESCOTT REAL ESTATE DEVELOPMENT L.L.C: 7 completed projects and 7 off-plan or in progress, by Keyva’s count from 4,212 recorded sales, Jun 2008 to 7 Oct 2026.
Counts, not a rating. Keyva does not rank developers. See every project →
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What the records cannot tell you
- Whether the building will be finished on the date you were given.
- Whether the price is fair for the exact home you were offered. The sales above are what others paid.
- What the home will rent for, or what its yearly service charge will be, once it is built.
- Whether the person selling to you is a licensed broker. That one you can check yourself, free.
Check the broker’s licence →The free checks you can run yourself →
The Land Department’s record
active per the Land Department · 87% complete · buildings · 223 units · 1 building · DLD target completion March 2025
Registered developer: PRESCOTT REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1207)
Developer no. 1207 · licence 586350 (DED) · period 26 Sep 2006 to 25 Sep 2027 · in DLD's file dated 1 Oct 2026.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Escrow account with Dubai Islamic Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Arjan
Typical yearly rent of AED 63,000 across 11,605 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
AED 1,452/sqft
Aug 2026 · 8 home sales
—
No two months with 5+ resales 3 or more years apart.
8 months
Recorded home resales here fall in 8 months, Mar 2026 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Elevate By Prescott — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Elevate By Prescott over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Elevate By Prescott itself. The rest are homes of the same size in Arjan, used where Ejari did not name the building.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 701.38K | AED 50,000/yrthis building · 71 new lets | 7.1% | 10 |
| 1 bed | AED 1.2M | AED 80,000/yrthis building · 43 new lets | 6.7% | 15 |
| 2 beds | AED 1.89M | AED 97,500/yrsame size in Arjan | 5.2% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 545K), a studio here reads 9.2% instead of 7.1%. The yield in the table above uses the AED 701.38K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the typical owners’ association budget in this area — AED 15/sqft across 15 projects, recorded for 2026. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| Studio | AED 6,409 | AED 43,591 | 7.1% | 6.2% |
| 1 bed | AED 11,850 | AED 68,150 | 6.7% | 5.7% |
| 2 beds | AED 18,611 | AED 78,889 | 5.2% | 4.2% |
Only the service charge is taken off.
A separate reserve-fund line appears in 14 of the 15 project budgets counted together here; the middle of those is AED 1.2/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Elevate By Prescott
How much does a home in Elevate By Prescott cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Elevate By Prescott was AED 701.38K for a studio (10 ready sales), AED 1.2M for a 1-bedroom (15 ready sales) and AED 1.89M for a 2-bedroom (10 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Elevate By Prescott?
The typical rent (the median: half of the rent contracts were above this, half below) is AED 50,000/yr for a studio (71 new tenancies recorded in Elevate By Prescott itself), AED 80,000/yr for a 1-bedroom (43 new tenancies recorded in Elevate By Prescott itself) and AED 97,500/yr for a 2-bedroom (homes of about that size in Arjan, 552 new tenancies). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five. Where it does, the figure above is a tenancy recorded in Elevate By Prescott itself. Where it does not, it is the rent for homes of the same size in Arjan, and each figure says which.
What rental yield does Elevate By Prescott give?
The yield before costs on completed homes in Elevate By Prescott is about 7.1% on a studio (with this building's own rent), 6.7% on a 1-bedroom (with this building's own rent) and 5.2% on a 2-bedroom (with the rent for homes of that size in Arjan). That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Elevate By Prescott selling off-plan or as resales?
31% of the 51 home sales recorded in Elevate By Prescott in the 12 months to 2 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Elevate By Prescott start selling?
The Land Department's register holds 344 home sales in Elevate By Prescott. The earliest was recorded in Apr 2023 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Arjan typical price
-1.9%
Priced at or below the area's typical price. Aug 2026: 8 sales here against 215 in the area.
Developer track record
4,212 recorded sales
Matched to PRESCOTT REAL ESTATE DEVELOPMENT L.L.C, across the 5 companies Keyva groups under that name, Jun 2008 to 7 Oct 2026.
7 completed · 7 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionThe handover date recorded with the Land Department, March 2025, has passed, and the Land Department's projects file does not record the project as complete. No other apartment project in Arjan has a handover date on record within six months either side of it. The Land Department's projects file of 15 Jun 2026 lists 2 other apartment projects in Arjan as not yet finished.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
312 m
Australian International School Dubai (AIS Dubai)
99 m
Nesto
Schools
- Australian International School Dubai (AIS Dubai)312 m
- Nord Anglia International School903 m
- Safa Community School1.3 km
- Building Blocks Nursery1.6 km
Supermarkets
- Nesto99 m
- Grandiose488 m
- Viva716 m
- Spinneys1.5 km
Bus stops
- ARJAN SHERATON BUILDING 1944 m
- Miracle Garden 11.1 km
- Dubai Science Park Complex 11.6 km
- Arabian Ranches, Saheel Gate 12.1 km
Pharmacies
- Medon Pharmacy117 m
- Aster Pharmacy336 m
- 800 Pharmacy379 m
- Marina Pharmacy418 m
Malls
- City Centre Al Barsha1.2 km
- Joud Boulevard West1.9 km
- Joud Boulevard East2.0 km
- Circle Mall2.1 km
Parks
- Dubai Miracle Garden931 m
- Dubai Butterfly Garden1.1 km
- Eisbej Park Entrance1.8 km
- Markh Park1.8 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Arjan — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Arjan
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Marquis Home Developer L.L.C
Sep 2026 · 9 home sales
Samana Signature Real Estate Developments L.L.C
1–7 Oct 2026 · 6 home sales
Binghatti
1–7 Oct 2026 · 10 home sales
DESERT FALCON REAL ESTATE DEVELOPMENT L.L.C
Apr 2026 · 10 home sales
TOWNX REAL ESTATE DEVELOPMENT L.L.C
1–7 Oct 2026 · 11 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Elevate By Prescott?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.