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Studio Apartment Prices in Elevate By Prescott 2026

The median sale price of a studio apartment in Elevate By Prescott was ⃃ 698,000 in the 12 months to 14 Nov 2026, based on 18 registered sales — 9.0% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,660 (+9.5% year on year). That is 2% above the Dubai-wide median of ⃃ 684,000 for the same studio apartment mix.

Period: 12 months to 14 Nov 2026Compared with: same 12 months a year earlierSample: 18 salesUpdated: 15 Nov 2026
Median sale price
⃃ 698,000
+9.0% YoY
18 sales · the 12 months to 14 Nov 2026
Median price per sq ft
⃃ 1,660
+9.5% YoY
18 sales · the 12 months to 14 Nov 2026
Registered sales
18
−48.6% YoY
worth ⃃ 12.46M · the 12 months to 14 Nov 2026
Gross rental yield
7.16%
median rent ⃃ 50,000/yr · yield details

What are the key price figures for studio apartments in Elevate By Prescott?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 14 Nov 2026.
MetricValuePeriodBasis
Median sale price⃃ 698,00012 months to 14 Nov 202618 sales; +9.0% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,66012 months to 14 Nov 202618 sales; +9.5% vs the same 12 months a year earlier
Number of sales1812 months to 14 Nov 2026−48.6% vs the same 12 months a year earlier
Total sales value⃃ 12,464,75012 months to 14 Nov 2026−43.3% vs the same 12 months a year earlier
Lowest / highest sale⃃ 605K – ⃃ 750K12 months to 14 Nov 2026single registered sales (not typical prices)
Unit size range400 – 470 sq ftall units on record118 units
Median annual rent⃃ 50,00012 months to 14 Nov 202674 units currently rented
Gross rental yield7.16%12 months to 14 Nov 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+9.0%12 months to 14 Nov 2026change in property value over the period
Units on record118current18 sold in the 12 months to 14 Nov 2026 (15.3% of stock)
Units available for sale24currentactive listings matched to units
Developer (primary) median price⃃ 540,000all time118 developer sales; ⃃ 1,280 per sq ft
Launch date10/03/2023—project record
Completion / handover date17/02/2026—project record

How have apartment prices in Elevate By Prescott changed since 2023?

Calendar-year figures for all apartments in Elevate By Prescott (a bedroom-level yearly series is not published).

2023–2026 (to 14 Nov 2026)
Loading chart
Registered sales and median price per sq ft by year, Elevate By Prescott, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 14 Nov 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 14 Nov 2026)46part year⃃ 54.29M⃃ 1,181,000⃃ 1,538+3.8%
202553+71.0%⃃ 43.21M⃃ 670,000⃃ 1,481+13.9%
202431−86.2%⃃ 25.53M⃃ 650,000⃃ 1,301+9.6%
2023225—⃃ 168.54M⃃ 550,000⃃ 1,187—

Transactions by year: 2026 · 2025 · 2024 · 2023 · all years

How does Elevate By Prescott compare with Dubai?

Same property mix, same window (the 12 months to 14 Nov 2026).

MetricElevate By PrescottDubai
Median sale price⃃ 698,000⃃ 684,000
Median price per sq ft⃃ 1,660⃃ 1,750
Price per sq ft YoY+9.5%+2.6%
Sales1841,634
Gross rental yield7.16%5.85%

What are the latest registered sales of studio apartments in Elevate By Prescott?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

No transactions on record for this selection.

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 14 Nov 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments with studio layouts, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/elevate-by-prescott/apartments/studio
Studio Apartment Prices in Elevate By Prescott 2026. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-prices/elevate-by-prescott/apartments/studio

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Elevate By Prescott for studio apartments?
The median sale price of a studio apartment in Elevate By Prescott was ⃃ 698,000 in the 12 months to 14 Nov 2026, from 18 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Elevate By Prescott for apartments?
The median price per square foot of studio apartments in Elevate By Prescott was ⃃ 1,660 in the 12 months to 14 Nov 2026, +9.5% compared with the same 12 months a year earlier.
How many properties were sold in Elevate By Prescott in the last 12 months?
18 sales of studio apartments worth ⃃ 12,464,750 were registered in Elevate By Prescott in the 12 months to 14 Nov 2026 (−48.6% year on year).
Are property prices in Elevate By Prescott going up?
Over the 12 months to 14 Nov 2026 the median price per square foot of studio apartments in Elevate By Prescott changed +9.5%. In calendar year 2025 it was ⃃ 1,481 (+13.9% on 2024), and ⃃ 1,538 so far in 2026.
What is the rental yield in Elevate By Prescott for apartments?
The gross rental yield of studio apartments in Elevate By Prescott is 7.16% (the 12 months to 14 Nov 2026), with a median annual rent of ⃃ 50,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-prices/elevate-by-prescott/apartments/studio