Elevate by Prescott
by Prescott Real Estate Development · 📍 Arjan
Price from
AED 499,000
Elevate by Prescott is a project by Prescott Real Estate Development in Arjan, Dubai. Prices start from AED 499,000. It offers Studio, 1 Bedroom and 2 Bedroom. Prescott Real Estate Development states handover in March 2026. It was 100% built at the official RERA site inspection of 17 February 2026.
About the project
Elevate is a residential development that strives to provide upscale, designer-inspired and fully furnished smart homes. Consisting of 223 units, the off-plan project by Prescott offers a range of studio, 1 and 2-bedroom apartments that prioritize comfort, luxury and intelligent living. These apartments are equipped with state-of-the-art amenities and boast seamless connectivity throughout the city. Situated in the heart of Arjan, these residences feature impeccable design and exceptional recreational facilities, with a focus on fostering a strong sense of community and luxurious living in Dubai. Each apartment is meticulously designed with high-quality interiors and a well-thought-out layout, ensuring homeowners can maximize the use of their available space.
Construction progress
Finished100% complete at the latest RERA site inspection on 17 Feb 2026; completed 31 Mar 2025.
Project register as of 15 Oct 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 17 Feb 2026 | 100% | 12 |
| 17 Feb 2026 | 100% | 18 |
| 23 Dec 2025 | 98% | 7 |
| 16 Oct 2025 | 93.35% | 11 |
| 12 Jun 2025 | 87.12% | 8 |
| 14 Feb 2025 | 64.23% | 6 |
| 25 Sept 2024 | 48.3% | 10 |
| 13 Jun 2024 | 30.1% | 6 |
Official RERA site-inspection records for registered project #2566, updated daily. Tap a photo for the full-size original.
Amenities
How it compares in Arjan
50 other off-plan projects in Arjan · average entry price AED 809,706 · this project is 38% below that average
Elevate by Prescott: questions and answers
What is the starting price of Elevate by Prescott?
Prices at Elevate by Prescott start from AED 499,000, for homes from 425 sqft (39 m²), as published by Prescott Real Estate Development.
What is the payment plan for Elevate by Prescott?
The payment plan published by Prescott Real Estate Development for Elevate by Prescott is: 20% down, 30% pre-handover, 50% handover.
When is the handover of Elevate by Prescott?
Prescott Real Estate Development states handover of Elevate by Prescott in March 2026. The Dubai Land Department project register lists the completion date of the project as March 2025.
How much of Elevate by Prescott is built?
Elevate by Prescott was 100% complete at the official RERA site inspection of 17 February 2026.
Is Elevate by Prescott registered with the Dubai Land Department?
Yes. Elevate by Prescott is registered with the Dubai Land Department as project number 2566, and its escrow account is held at Dubai Islamic Bank (Public Joint Stock Company). By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Elevate by Prescott?
Elevate by Prescott is developed by Prescott Real Estate Development. The Dubai Land Department project register lists 16 projects for Prescott Real Estate Development: 9 delivered and 6 under construction.
Where is Elevate by Prescott located?
Elevate by Prescott is in Arjan (Elevate by Prescott), Dubai.
What unit types does Elevate by Prescott offer?
Elevate by Prescott offers Studio, 1 Bedroom and 2 Bedroom, with sizes from 425 sqft (39 m²). The project has 223 units in the Dubai Land Department project register.
How does Elevate by Prescott compare with other off-plan projects in Arjan?
The starting price of Elevate by Prescott (AED 499,000) is 38% below the average starting price of 4 other off-plan projects in Arjan, which is AED 809,706.
What is the average price per sqft in Arjan?
Apartments in Arjan sell for about AED 1,359/sqft (AED 14,632/m²), based on 1,280 registered sales in the last 12 months.
What rental yield can I expect in Arjan?
Apartments in Arjan yield about 6.3% gross, or about 5.2% net after service charges, based on 13,824 registered rent contracts and 1,280 sales in the last 12 months.
What are the service charges in Arjan?
Service charges for apartments in Arjan are about AED 14.48/sqft (AED 156/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does Elevate by Prescott have?
Elevate by Prescott lists these amenities: Barbeque Area, Business Center, Gym or Health Club, Kids Play Area and Swimming Pool.
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Source: live new-projects feed. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 17 Feb 2026.