ELEVATE by Prescott
Alerts: Get notified of every new DLD-registered sale and rental contract.
ELEVATE by Prescott is an under-construction apartment development by PRESCOTT REAL ESTATE DEVELOPMENT L.L.C in Arjan, Al Barshaa South Third, comprising 223 registered units. 336 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,554 per sqft. At AED 1,554 per sqft, ELEVATE by Prescott prices 2% above the Arjan average of AED 1,526 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 403 – 1,568 sqft | 223 | 1.00M | 1,554 | ↑7.8% | 69K | 6.8% | |
Studio · Apartment 403 – 474 sqft | 118 | ||||||
1 Bed · Apartment 732 – 910 sqft | 75 | ||||||
2 Bed · Apartment 1,221 – 1,568 sqft | 30 | — | — |
| Floors | Median PSF |
|---|---|
| All floors | 105 sales |
| Floors 1-6 | 47 sales |
| Floors 7-15 | 58 sales |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 12 Aug 2026 | Floor 10 | 761 | 1,145,000 | 1,505 | +30.1% | Standard | Standard Sale |
| 6 Aug 2026 | Floor 7 | 858 | 1,075,000 | 1,253 | +23.6% | Entry Level | Standard Sale |
| 5 Aug 2026 | Floor 15 | 858 | 1,200,000 | 1,398 | +33.3% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 91 rentals |
| Floors 1-5 | 35 rentals |
| Floors 6-15 | 56 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 1 Sep 2026 | Studio | — | 422 | 45,000 | 107 | — | Entry Level | new |
| 30 Aug 2026 | 1 Bed | — | 781 | 85,000 | 109 | — | Standard | new |
| 15 Aug 2026 | 1 Bed | Floor 2 | 781 | 85,000 | 109 | — | Standard | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Arjan
The closest-priced registered projects in Arjan.
- Diamond Business Center 2AED 1,549/sqft
- Legacy By SunriseAED 1,566/sqft
- Miracle ResidenceAED 1,579/sqft
- Floarea ResidenceAED 1,579/sqft
- Ashley HillsAED 1,526/sqft
- SKYZ By DanubeAED 1,523/sqft
Common questions about ELEVATE by Prescott
Answered from Dubai Land Department registered transactions.
How much does a property in ELEVATE by Prescott cost?
Property in ELEVATE by Prescott sells at a current PIX© price of AED 1,554 per sqft, or about AED 1,002,365 for a typical unit, based on 336 sales registered with the Dubai Land Department.
When is ELEVATE by Prescott handing over?
ELEVATE by Prescott is under construction, due q1 2025, and is 87% complete against the Dubai Land Department's reported progress.
Who is the developer of ELEVATE by Prescott?
ELEVATE by Prescott is developed by PRESCOTT REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in ELEVATE by Prescott?
ELEVATE by Prescott yields 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 93 registered Ejari contracts.
How many units are in ELEVATE by Prescott?
ELEVATE by Prescott holds 223 registered units, per the Dubai Land Department unit register.
Have prices in ELEVATE by Prescott gone up or down?
Price per sqft has risen +7.8% over the last 12 months, to AED 1,554, across 336 registered sales.
About Elevate by Prescott
Elevate by Prescott is a modern, under-construction 16-storey residential tower in Arjan, Dubai, comprised of 223 fully furnished, Alexa-automated smart apartments and luxury family-oriented amenities.
Project Overview and Structure
Elevate by Prescott is a mid-rise residential development located in the Arjan area of Al Barsha South 3, Dubai. The project is designed with a B+G+15+R structure, containing one underground basement floor for secure vehicle parking, a ground level, fifteen floors dedicated to residences, and a roof. It accommodates 223 units, comprising a blend of studios, one-bedroom, and two-bedroom apartments.
Developer and Corporate Partners
The project is developed by Prescott Real Estate Development within the master community of Arjan, planned by Dubai Holding. Architectural design has been managed by Em Square Engineering Consultants. The primary construction work is contracted to SKR Building & Contracting, with foundation and shoring works executed by High Deep Foundation Contracting, and deliveries supported by Golden Bridge.
Smart Residences and Layout Configurations
Residences in Elevate by Prescott are delivered fully furnished with custom contemporary furnishings and modern equipped kitchens. The units are fully integrated with Alexa home automation to manage climate, lighting, and entry right from smart devices. Studios measure approximately 420 sqft, while one-bedrooms range from 731 to 906 sqft, and two-bedrooms span 1,221 to 1,572 sqft. Premium two-bedroom units also offer private balcony swimming pools.
Amenity Profile
The development includes an extensive collection of lifestyle and wellness amenities. Active spaces feature a lap pool, a children's pool, a splash fountain, a fitness studio, and a wellness club. Social and entertainment venues include an indoor cinema, a business center, an electronic gaming lounge, an indoor children's playroom, a club room, and landscaped outdoor gazebos with a fire pit, coffee bar, and barbecue area.
Location and Accessibility
Positioned within Arjan, the tower provides immediate roadway access to Sheikh Mohammed Bin Zayed Road and Umm Suqeim Road. It is located roughly five minutes from Dubai Miracle Garden, Dubai Butterfly Garden, and Mediclinic Parkview Hospital. Other lifestyle and shopping destinations, such as Dubai Hills Mall, Global Village, Safa Community School, and Mall of the Emirates, are situated within a ten- to twenty-minute drive.
- Splash FountainPlannedA recreational water splash fountain and pad.
- Lap PoolPlannedAn outdoor lap swimming pool.
- Kids PoolPlannedA shallow outdoor pool designated for children.
- Electronic Gaming RoomPlannedA custom entertainment space equipped for electronic gaming.
- Kids' Indoor Play RoomPlannedAn indoor playroom designed for safe children's recreation.
- GazebosPlannedOutdoor gazebo areas for residents' relaxation.
- Fire PitPlannedA communal outdoor fire pit and seating lounge.
- Coffee BarPlannedAn on-site coffee bar or station.
- BBQ AreaPlannedFully equipped outdoor barbecue facilities.
- Fitness StudioPlannedA state-of-the-art gymnasium and fitness studio.
- Health & Wellness ClubPlannedDedicated facilities offering health, spa, and wellness options.
- Club RoomPlannedA social club room and resident lounge.
- Indoor CinemaPlannedAn indoor movie screening room.
- Business CenterPlannedA professionally designed business center and co-working lounge.