Elevate by Prescott

P1 — Delivered Off-Plan Primary
Developer Prescott Real Estate
Community Arjan
Property type Apartment
Data updated Mar 30, 2026

Elevate by Prescott is a Delivered development by Prescott Real Estate in Arjan. 223 units across Studio (53%), 1 Bedroom (34%), 2 Bedroom (14%). Over the trailing 12 months, 317 sales at a median of AED 925,000.

Key Metrics
Median Price
Value
AED 925,000
Change
42.3% YoY
Transactions
Value
317
Change
42 in period
Price / sqft
Value
AED 1,489
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 925,000
↑ 42.3% YoY
Transactions
317
↑ 42 in period
Price / sqft
AED 1,489
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
5.9%
Community avg
Holding Period
Value
3.3 yrs
Community avg
Liquidity
Value
1.8%
Ready Market Mix
Value
0.0%
Rental Activity
Value
0.9%
Capital Return
5.9%
Community avg
Holding Period
3.3 yrs
Community avg
Liquidity
1.8%
Ready Market Mix
0.0%
Rental Activity
0.9%

Rental Performance

Rental Volume
Value
3
Avg Annual Rent
Value
AED 91,497
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
3
Avg Annual Rent
AED 91,497
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
Studio 118 units · 53%
1 Bedroom 75 units · 34%
2 Bedroom 30 units · 14%

Transaction Breakdown

All time — 317 transactions
Off-Plan Primary
223
Off-Plan Secondary
90
Ready Secondary
4

Price History

Median Price — Elevate by Prescott

Median prices in Elevate by Prescott have risen sharply, up 152% from AED 625K to AED 1.6M over the past 11 months.

Recent Transactions

Showing last 10 of 317
Date Type Price (AED) Size (sqft) AED/sqft
Mar 30, 2026 RP Secondary 1,880,000 1,220 1,539
Mar 13, 2026 RP Secondary 1,200,000 760 1,577
Mar 06, 2026 RP Secondary 1,270,000 858 1,480
Mar 03, 2026 RP Secondary 1,912,500 1,220 1,566
Feb 17, 2026 OP Secondary 1,050,000 741 1,415
Feb 09, 2026 OP Secondary 1,100,000 736 1,492
Feb 04, 2026 OP Secondary 1,800,000 1,221 1,473
Jan 29, 2026 OP Secondary 1,200,000 878 1,366
Dec 23, 2025 OP Secondary 700,000 423 1,653
Dec 22, 2025 OP Secondary 690,000 403 1,711

This project is in Arjan

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Arjan analysis →