Elevate By Prescott is a modern high-rise residential development (G+15 floors) by Prescott Real Estate Development, centrally positioned in Arjan, Dubai. The project showcases a choice of 223 luxury units including Studios, 1, and 2-bedroom apartments, all finished to the highest possible standards plus designed by award-winning interior designers.
All residences are delivered fully furnished and equipped with advanced Smart Home Features (including Alexa control, keyless entry, AC/lighting control) and premium services. The project is designed to boost the lifestyle of its residents with a focus on cutting-edge entertainment and leisure facilities. While the initial handover was cited as Q1 2025, recent market data indicates a revised handover target of Q1 – 2026. It is a Freehold property.
Property Details
| Feature | Details |
| Property Name | Elevate by Prescott |
| Developer | Prescott Real Estate Development |
| Location | Arjan, Dubai (Near Sheikh Zayed Road) |
| Property Type | Apartment (High-Rise G+15) |
| Unit Types | Studios, 1 BR (w/ Study), & 2 BR (w/ Study) Apartments |
| Size Range | 420 to 1,572 SQ. FT. |
| Starting Price | AED 499,000* |
| Government Fee | 4% DLD Fee |
| Unit Status | Off-Plan (Limited 223 Units) |
| Ownership | Freehold |
| Estimated Completion | Q1 – 2026 (Most widely reported date) |
| Key Features | Fully Furnished Smart Homes (Alexa Control), 50% Payment on Handover, Electronic Gaming Zone, Indoor Cinema, Lap Pool |
Features & Amenities
| Feature | Details |
| Technology & Interiors | Smart Home Features (Alexa control, Keyless Entry), Fully Furnished Units, Premium Custom Interiors, Customised Elevators. |
| Aquatic & Wellness | Swimming Pool, Lap Pool, Kids Pool, Splash Fountain, Gymnasium (Fully Equipped), Fitness Studio, Health & Wellness Center. |
| Entertainment & Social | Electronic Gaming Room, Indoor Cinema (Theatre), Club Room, Fire Pit, Coffee Bar, BBQ Area, Amusement Park (Proximity inferred). |
| Family & Work | Covered Parking Facility, Kids Play Area (Indoor Play Room), Business Center, Restaurants, Dining Outlets, Retail Outlets, Parks and Leisure Areas. |
Location & Connectivity
Elevate is prominently positioned in Arjan, a well-connected area of Dubailand, ensuring quick access to major highways and proximity to major commercial and leisure destinations.
- 05 Minutes, Dubai Hills Mall.
- 07 Minutes, Sheikh Zayed Road (SZR).
- 10 Minutes, Mall of the Emirates (MOE) & Burj Al Arab.
- 17-19 Minutes, Business Bay.
- 20 Minutes, Downtown Dubai.
- 25 Minutes, Dubai International Airport (DXB).
Payment Plan
Elevate gives a highly attractive $50/50$ payment plan that defers half of the cost until the completion date, minimizing the financial outlay during the construction period.
| Stage | Percentage | Notes |
| Down Payment | 20% | On Booking Date |
| During Construction | 30% | Paid in Installments (1st to 4th Installment) |
| On Handover | 50% | Due Upon 100% Completion (Q1 2026) |
Floor Plans
Unit sizes at Elevate by Prescott Arjan run from 420 to 1,221 square feet: Studio Apartment at 420 sq ft, 1 Bedroom Apartment at 732 sq ft and 2 Bedroom Apartment at 1,221 sq ft. These are the developer stated areas. Ask us for the registered size on a specific unit before you offer, because the two do not always agree.
| Unit Type | Size Range (Sq. Ft.) | Details |
| Studio Apartment | 420 to 425 | Type A Layouts. |
| 1 Bedroom Apartment | 732 to 906 | Includes 1 Bedroom + Study options (Type A to Type D). |
| 2 Bedroom Apartment | 1,221 to 1,572 | Includes 2 Bedrooms + Study options (Type A to Type D). |
Detailed floor plans, including layouts with a dedicated study room, are available upon request.
Why Invest in Elevate by Prescott
- High Post-Handover Payment Deferral: The $50\%$ payment on completion minimizes risk and significantly enhances investor return potential, allowing capital to be utilized only upon receiving the keys.
- Fully Furnished Smart Homes: The apartments are delivered fully furnished and equipped with smart home systems (Alexa integration), ensuring immediate rental readiness and a high-end tenant profile.
- Unique Entertainment Focus: The project distinguishes itself with unique amenities like an Electronic Gaming Room, Indoor Cinema, and a dedicated Club Room, appealing strongly to young professionals and short-term rental guests.
- Affordable Luxury Entry: With a starting price from AED 499,000, Elevate provides an accessible entry point to a high-rise, smart, and fully furnished property in a prominent, well-connected community.
- Prime Arjan Location: Arjan is a vibrant, growing community in Dubailand with established proximity to major landmarks, business centers, and leisure destinations, ensuring sustained demand.
FAQs About Elevate by Prescott
Q1: What is the unique payment structure for Elevate?
A: Elevate features a 50% Pre-Handover / 50% On Handover payment plan, deferring half of the cost until the unit is ready.
Q2: Are the apartments fully furnished?
A: Yes, all units are delivered fully furnished and equipped with smart home technology (Alexa integration).
Q3: When is the expected handover date?
A: The expected completion and handover date is Q1 – 2026.
Q4: What unique leisure facilities are available?
A: Unique amenities include an Electronic Gaming Room, an Indoor Cinema (Theatre), and a dedicated Club Room.
Q5: Who is the developer?
A: The developer is Prescott Real Estate Development.
Contact Cresco Real Estate Today
Boost your investment portfolio with a fully furnished smart apartment in Arjan. Contact us for the latest pricing, unit availability, plus to secure a unit with the highly beneficial 50/50 payment plan at Elevate by Prescott.
More about Arjan
Read the Cresco area guide to Arjan. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Arjan
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 417 residential sales were registered in Arjan. The median was AED 849,000 and the middle half fell between AED 690,888 and AED 1,256,000. This project is advertised from AED 499,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Arjan was AED 1,142,500 across 142 sales, at AED 1,541 per square foot and a median size of 726 sq ft.
| This project, advertised entry price | AED 499,000 |
| Registered median price, Arjan | AED 849,000 |
| Middle half of registered sales | AED 690,888 to AED 1,256,000 |
| Registered median per sq ft | AED 1,584 |
| Registered median unit size | 559 sq ft |
| Share bought off plan | 62% |
| Ready stock, median per sq ft | AED 1,334 from 159 sales |
| Off plan stock, median per sq ft | AED 1,806 from 258 sales |
| Registered residential sales in the period | 417 |
Registered sales by bedroom count in Arjan
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 200 | AED 685,010 | AED 1,783 | 412 sq ft |
| 1 B/R | 142 | AED 1,142,500 | AED 1,541 | 726 sq ft |
| 2 B/R | 56 | AED 1,381,000 | AED 1,370 | 1,184 sq ft |
| 3 B/R | 8 | AED 2,145,000 | AED 1,226 | 1,744 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
What actually transacted in Arjan
Before you judge a launch price, look at what the community around it registered. Over the last twelve months Arjan recorded 15,374 registered rental contracts and 1,392 ready sales, all filed with the Dubai Land Department. These are signed contracts, not asking prices.
Rent registered at AED 88 per sqft against a ready sale price of AED 1,368 per sqft. That is a gross yield of 6.4% on ready stock in this community.
We use ready sale prices rather than blended prices deliberately. You cannot rent a home that has not been handed over, so an off plan launch price in a yield calculation produces a number that cannot happen.
Registered rents in Arjan moved +4.7 against the twelve months before.
The shorter window disagrees. On the most recent three months of contracts the same community reads -5.2%. Summer seasonality and smaller samples both sit inside that number, but we publish it rather than quote only the figure that flatters the market.
| Unit type | Contracts registered | Average annual rent (AED) | Rent per sqft (AED) | Change vs 12 months earlier |
|---|---|---|---|---|
| Studio | 5,258 | 46,151 | 103 | +5.7 |
| 1 bedroom | 6,565 | 65,973 | 82 | +6.5 |
| 2 bedroom | 3,232 | 92,798 | 75 | +6.6 |
| 3 bedroom | 319 | 148,286 | 80 | +12.0 |
| All apartments | 15,374 | 66,541 | 88 | +4.7 |
Full Arjan guide · Live Dubai market update · Run these numbers on a specific unit
Data verified 27 September 2026. Dubai Land Department registered transactions via Bayut TruView, rolling 12 months to September 2026.
