Market bulletin · Thu, 22 Oct 2026
Elevate by Prescott: 3 sales worth AED 3.03M in 30 days
Elevate by Prescott recorded 3 sales worth AED 3.03M in the 30 days to Thu, 22 Oct 2026, down 40.0% on the previous 30 days. Over the last week 1 sale was registered (AED 1.66M), against 1 the week before.
The median sale over the last three months was AED 1.14M, or AED 1,521/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Arjan, Elevate by Prescott ranked #11 of 11 leading projects by 12-month sales value; it is developed by Prescott Real Estate. Its first registered sale was on 3 March 2026.
Leases registered in the last three months had a median annual rent of AED 55K. The best gross yield is on Studio apartments at about 7.2%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 1,505 |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 3 |
| Sept 26 | 0 | 0 | 4 |
| Aug 26 | 0 | 0 | 5 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 0 | 0 | 4 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 4 |
| Mar 26 | 0 | 0 | 4 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 3 | down 40.0% | AED 3.03M | — | — |
| Last 3 months | 12 | up 9.1% | AED 13.8M | 1,521 | down 0.7% |
| Last 6 months | 23 | up 228.6% | AED 24.3M | 1,532 | down 2.2% |
| Last 12 months | 30 | — | AED 35.3M | 1,539 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 30 | 100% | AED 1.18M | 1,539 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 9 | 30% | AED 690K | 1,642 | — |
| 1 bedroom | 13 | 43% | AED 1.18M | 1,505 | — |
| 2 bedrooms | 8 | 27% | AED 1.89M | 1,548 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 29 | 97% | AED 1.18M | 1,537 | — |
| AED 2M–10M | 1 | 3% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 60K |
| Sept 26 | AED 52K |
| Aug 26 | AED 66K |
| Jul 26 | AED 52K |
| Jun 26 | AED 54K |
| May 26 | AED 70K |
| Apr 26 | — |
| Mar 26 | — |
- Leases (12M)
- 134
- New leases
- 100%
- Median rent 3M
- AED 55K
- Rent/sqft 3M
- AED 114
| Studio apartments | AED 50K / AED 690K | 7.2% |
|---|---|---|
| 1 BR apartments | AED 80K / AED 1.18M | 6.8% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 46 | AED 50K | AED 50K | 119 |
| 1 BR | 34 | AED 80K | AED 80K | 108 |
Competing projects in Arjan
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Marquis OneMarquis Developers | 315 | 1,679 | — |
| Samana Imperial GardenSamana Developers | 210 | 1,883 | up 1.9% |
| Binghatti HillcrestBinghatti | 221 | 2,251 | down 7.6% |
| Butterfly AAl Sayyah Group | 167 | 1,650 | — |
| Ashley HillsTownX Real Estate Development | 177 | 1,463 | up 7.6% |
| Empire EstatesEmpire Development | 83 | 1,712 | — |
| One BeverlyHMB Homes Real Estate Development | 90 | 1,698 | up 7.6% |
| 48 ParksideTabeer Real Estate Development - Tabeer Starwood Real Estate Development | 50 | 1,411 | up 12.9% |
| Skyz by DanubeDanube Properties | 77 | 1,516 | — |
| Oxford GardensIman Developers | 49 | 1,804 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.90M | 2 BR Apartment · 1,221 sqftElevate by Prescott · Arjan | 31 Aug |
| AED 1.66M | 2 BR Apartment · 1,233 sqftElevate by Prescott · Arjan | 21 Oct |
| AED 1.32M | 1 BR Apartment · 906 sqftElevate by Prescott · Arjan | 19 Sept |
| AED 1.21M | 1 BR Apartment · 781 sqftElevate by Prescott · Arjan | 3 Aug |
| AED 1.20M | 1 BR Apartment · 858 sqftElevate by Prescott · Arjan | 5 Aug |
| AED 1.15M | 1 BR Apartment · 761 sqftElevate by Prescott · Arjan | 12 Aug |
Questions about Elevate by Prescott
What is the average price per sqft in Elevate by Prescott?
The median sale price in Elevate by Prescott over the last three months was AED 1,521 per sqft (median sale AED 1.14M), based on 12 sales registered with Dubai Land Department.
How many properties were sold in Elevate by Prescott in the last year?
30 sales worth AED 35.3M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Elevate by Prescott?
The median annual rent on leases registered in the last three months was AED 55K, and the best gross rental yield is about 7.2%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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