Developer: Prescott Real Estate Development · Arjan

Elevate by Prescott

Elevate by Prescott is a residential project by Prescott Real Estate Development in Arjan, Dubai, with prices from AED 499 000, construction 100% complete per the DLD registry, 223 units, 345 DLD-registered sales since 2022.

Price fromAED 499 000Developer supplied
Construction100% — completedDLD registry · checked 17 Feb 2026
Units223DLD registry
DLD sales345 since 2022DLD registry
Median sale priceAED 13 594/m²Our calculation
Mortgage~AED 2 110/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeSize, sq.ft
Studio425
1 Bedroom732–868
2 Bedroom1 221–1 571

Units for sale in Elevate by Prescott

Prices, layouts and terms on request.

Payment plan

The purchase price is split into these stages.

120%Down payment
230%During construction
350%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 499 000 AED is 2 107 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Construction started2023-03-01
  • HandoverReady To Move in
  • Status date17.02.2026
  • Escrow bankDubai Islamic Bank
  • DLD project number2566

Data from the Dubai Land Department project registry (updated 04.10.2026 09:55).

Construction progress 77
17 February 2026 100.00%
Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 1 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 2 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 3 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 4 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 5 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 6 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 7 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 8 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 9 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 10 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 11 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 12 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 13 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 14 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 15 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 16 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 17 of 18Elevate by Prescott, Arjan construction progress — 17 February 2026, 100.00% complete, photo 18 of 18

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
02.10.20261 BR70.7960 000
02.10.20261 BR70.71 200 000
21.09.20261 BR84.21 320 000
21.09.20261 BR84.21 040 000
16.09.20261 BR68.01 125 000
16.09.20261 BR68.0900 000
11.09.20261 BR68.01 090 000
04.09.2026Studio39.3715 000
04.09.2026Studio39.3572 000
31.08.20262 BR113.41 520 000
31.08.20262 BR113.41 900 000
19.08.20262 BR114.61 650 000
19.08.20262 BR114.61 320 000
19.08.2026Studio39.3582 473
18.08.20262 BR114.61 700 000
12.08.20261 BR70.71 145 000
06.08.20261 BR79.71 075 000
05.08.20262 BR113.41 520 000
05.08.20261 BR79.7960 000
05.08.20261 BR79.71 200 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
01.10.2026Studio38.653 000
01.10.2026Studio39.650 000
28.09.2026Studio39.048 000
27.09.2026Studio39.547 000
21.09.2026Studio39.250 000
20.09.2026Studio39.246 000
20.09.2026Studio39.552 000
20.09.20261bed room+Hall81.290 000
14.09.20261bed room+Hall70.779 778
10.09.2026Studio37.644 875
07.09.20262 bed rooms+hall113.4128 000
07.09.2026Studio39.550 000
05.09.2026Studio37.648 000
05.09.2026Studio38.646 000
05.09.2026Studio39.350 000
04.09.20261bed room+Hall68.980 000
03.09.2026Studio39.255 000
03.09.2026Studio38.650 000
02.09.2026Studio38.945 000
01.09.2026Studio39.555 000

Dubai Land Department transaction registry, updated 2026-10-03. Explore Dubai property transactions →

Registered transactions in Elevate by Prescott

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

345deals since 2022
13 594AED per m², median
10%resale, the rest bought from the developer
+8%over the past year
7.2%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +2% over the same period, so the building grew faster.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio39545 00013 974179
1 bedroom72885 00012 292119
2 bedrooms1141 355 00011 88646

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2023 to 2025 — +25% on the price per square metre in this building. The district moved +13% over the same period, so the building outpaced the market.

12 7722023——
14 0032024——
15 9622025——
16 4932026*1 1927.2%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Elevate by Prescott worth?

DLD has recorded 345 sales in this building since 2022, 36 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

By submitting the form you agree to the processing of your contact details.

Amenities

  • Gymnasium
  • Valet Parking
  • Community Park
  • Landscaped Gardens
  • Restaurants
  • Children's Play Area
  • Shared Pool

What is nearby

  • Burj Al Arab10 мин
  • Business Bay19 мин
  • Downtown Dubai20 мин
  • Dubai International Airport25 мин
  • Mall of the Emirates10 мин
  • Sheikh Zayed Road7 мин
Elevate by Prescott

About the project

Elevate by Prescott is a 223-unit residential development in Arjan, Dubai, by Prescott Real Estate Development. The single-building project is finished, with 100% completion recorded and a completion date of 31 March 2025. Residences include studios and one- and two-bedroom apartments.

The project

Elevate by Prescott comprises one residential building configured as B+G+15+R, comprising two basement levels, a ground floor, 15 residential floors and a roof level. Its recorded construction specification is a concrete structure and blockwork with internal and external finishes. The development contains 223 residential units in total. The project started on 1 March 2023 and was completed on 31 March 2025. It is now finished, with a recorded completion ratio of 100%.

Apartment types and sizes

The apartment collection includes studios, one-bedroom apartments and two-bedroom apartments. Studio Type A residences measure 420 sq. ft. One-bedroom layouts include Type A at 773 to 906 sq. ft., Type B at 731 sq. ft., Type C at 858 sq. ft., and Type D at 742 to 760 sq. ft. Two-bedroom layouts include Type A at 1,233 sq. ft., Type B at 1,224 sq. ft., Type C at 1,221 sq. ft., and Type D at 1,572 sq. ft. The stated starting price for Elevate by Prescott is AED 499,000.

Amenities and shared facilities

The development’s facilities include a swimming pool, gymnasium, children’s play area and covered parking. Dining outlets, restaurants and retail outlets are included among the on-site lifestyle and convenience facilities. Parks and leisure areas are also identified within the amenity offering. Entertainment facilities include electronic gaming zones and a cinema. The residences are described with smart-home features, while the development also includes sports and recreation-oriented spaces.

Arjan location

Elevate by Prescott is located in Arjan, within Dubai’s Al Barsha South area. Arjan East Park is 0.2 km from the project, while Dubai Science Park South Park and Dubai Miracle Garden are each 0.6 km away. Arjan Community Park is 0.8 km away. Global Village is 6.0 km from Elevate by Prescott. Nearby golf facilities include Arabian Ranches Golf Club at 2.6 km, Trump International Golf Club at 4.5 km and The Els Golf Club at 4.6 km. Cinepolis at Circle Mall is 3.1 km away.

Road access and key destinations

By car, Dubai Mall is 22 minutes from Elevate by Prescott. Palm Jumeirah and Burj Al Arab are each 17 minutes away, while The Walk at JBR is 21 minutes away. Dubai International Airport is 27 minutes by car, and Al Maktoum International Airport is 28 minutes away. Mall of the Emirates is listed at 10 minutes, Business Bay at 19 minutes, Downtown Dubai at 20 minutes and Sheikh Zayed Road at 7 minutes. These destinations place the project within Arjan’s road-connected residential setting.

Payment and completion

The stated payment structure is 20% as the first payment, 30% during construction and 50% on key handover. Elevate by Prescott is ready to move in. Its recorded project completion date is 31 March 2025, and the project is marked as finished with 100% completion. Buyers considering completed residences can focus on the available studio, one-bedroom and two-bedroom configurations, which range from 420 sq. ft. to 1,572 sq. ft. across the stated unit types.

The developer

Elevate by Prescott was developed by Prescott Real Estate Development. The company was founded in 2006. Prescott Real Estate Development is the developer associated with the project’s 223-unit residential building in Arjan. The development combines compact studios with a range of one- and two-bedroom apartment layouts, alongside shared facilities that include a pool, gymnasium, children’s play area, retail outlets, dining venues, gaming zones and a cinema.

Service charge, 2026

Approved rate16.33 AED— per sq ft per year · 176 AED/m²
General / reserve fund15.89 / 0.44AED/sq ft
vs Arjan median▲ +4.2%median 15.67 · rank 22/38
A 1,000 sq ft unit≈ 16,330 AEDper year · ≈ $4,447

Managed by Virtue Owners Association Management · budget 1 Apr 2026 — 31 Dec 2026

History, budget breakdown and nearby buildings →

RERA-approved budget from the DLD service charge index (Mollak) for “Elevate By Prescott”. Total is the general and reserve funds; additional charges are separate.

Frequent questions

Who is the developer of Elevate by Prescott?
Elevate by Prescott was developed by Prescott Real Estate Development, a company founded in 2006.
Where is Elevate by Prescott located?
The project is in Arjan, Dubai, within the Al Barsha South area.
Is Elevate by Prescott complete?
Yes. The project is finished, with a recorded completion ratio of 100% and a completion date of 31 March 2025.
What is the starting price at Elevate by Prescott?
The stated starting price is AED 499,000.
What apartment types are available at Elevate by Prescott?
The development includes studios and one- and two-bedroom apartments. Stated sizes range from 420 sq. ft. to 1,572 sq. ft.
What is the payment plan for Elevate by Prescott?
The stated structure is 20% as the first payment, 30% during construction and 50% on key handover.
How many units are in Elevate by Prescott?
Elevate by Prescott contains 223 residential units in one building.
What amenities does Elevate by Prescott include?
Facilities include a swimming pool, gymnasium, children’s play area, covered parking, dining outlets, restaurants, retail outlets, gaming zones and a cinema.
What is near Elevate by Prescott?
Arjan East Park is 0.2 km away, while Dubai Miracle Garden is 0.6 km away. Dubai Mall is 22 minutes away by car.
How can I buy an apartment in Elevate by Prescott?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Elevate by Prescott — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/elevate-by-prescott-arjan/