ELEVATE by Prescott

ACTIVE

By Prescott Real Estate Development L.L.C · Al Barshaa South Third

Median price/sqft
AED 1,262
3-yr CAGR
+9.2%
Transactions
333
Gross yield
7.1%
Launch → now (est.)
+30%

est. — modelled from compounded CAGR, pending launch-price data.

ACTIVE
Project imagery — coming soon

B+G+15+R Residential, The project designed to have a concrete structure and block with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+9.6%
3-yr CAGR
+9.2%
5-yr CAGR
Provisional — pending DLD licence
Median price
AED 680,000
Price/sqft (last 12 months)
AED 1,544
Secondary-market share
7%
Resale-only (est.)
+12.2%

est.

Like-for-like 1BR (est.)
+10.2%

est.

Current gross yield by bedroom

Studio
7.8%
1BR
7.4%
2BR
5.5%
3BR
6.6%
4BR+
n/a

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 581,760
AED per sqft
AED 1,212

28 May 2026

Unit
1BR · 760 sqft
Price
AED 959,120
AED per sqft
AED 1,262

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 1,075,840
AED per sqft
AED 1,312

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 1,459,660
AED per sqft
AED 1,237

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Status
ACTIVE
Units
223
Buildings
1
Completion date
31 Mar 2025
Completed
87%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 958,815

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 1,430,105

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated