Furnished 2 Bedroom in Elevate by Prescott, Arjan, Below Recent DLD Transactions

2-Bedroom Apartment Elevate by Prescott Arjan — Bedroom In By Below Recent DLD Transactions
2-Bedroom Apartment Elevate by Prescott Arjan. Bedroom In By Below Recent DLD Transactions.

AED 1,700,000

Deal typeBelow Market
PriceAED 1,700,000
Bedrooms2
Size1235 sq.ft
TypeApartment
StatusReady
DeveloperPrescott
Area / Master developmentArjan
Sub-community / PhaseElevate by Prescott
CommunityArjan

Property Overview

This fully furnished 2-bedroom apartment in Elevate by Prescott, Arjan, is available at an asking price of AED 1,700,000. The unit measures 1,235 sq ft in a brand new building completed in Q1 2025. The apartment is vacant. Property Finder's DLD transaction data shows comparable 2-bedroom units in the same building transacting at AED 1,900,000 and AED 2,000,000 in recent months, placing this asking price below recorded market transactions.

Property Highlights

  • Type: 2-bedroom apartment
  • Size: 1,235 sq ft
  • Bathrooms: 3
  • Parking: 1 covered
  • Furnishing: fully furnished (developer standard)
  • Asking price: AED 1,700,000
  • Rate: approximately AED 1,377 per sq ft
  • Status: ready, vacant, brand new
  • Smart home: Alexa automated
  • Ownership: freehold

Why the Price Qualifies as Below Market

The agent describes this as the lowest price in the market. While no original purchase price has been supplied, DLD transaction data available through Property Finder provides an independent benchmark for the below-market classification.

DLD Transaction Evidence

Three recent DLD-recorded transactions for 2-bedroom apartments in Elevate by Prescott are available:

  • 4 August 2026: AED 1,900,000 for 1,220 sq ft (AED 1,557 per sq ft)
  • 4 June 2026: AED 2,000,000 for 1,220 sq ft (AED 1,639 per sq ft)
  • 27 April 2026: AED 1,300,000 (unit size not displayed)

This listing at AED 1,700,000 for 1,235 sq ft (AED 1,377 per sq ft) is 11.6% below the August 2026 transaction rate of AED 1,557 per sq ft and 16% below the June 2026 transaction rate of AED 1,639 per sq ft. The April 2026 transaction at AED 1,300,000 is lower, though without the unit size it is difficult to assess the per-square-foot comparison.

These are DLD-recorded transactions (completed sales, not asking prices), which makes them a more reliable benchmark than listing prices. The variation across the three data points (AED 1.3M to AED 2.0M) suggests the market for this building has range, and buyers should review the full transaction history for additional context.

Furnishing and Smart Home

All apartments in Elevate by Prescott are delivered fully furnished by the developer as standard. The furnishing package includes bedroom furniture, living area seating, kitchen with built-in appliances, and built-in wardrobes. The apartments feature smart home technology with Alexa automation for lighting, climate and entertainment control. Buyers should inspect the current condition and completeness of the furnishing during a viewing.

About Elevate by Prescott

Elevate by Prescott is an 18-storey residential building by Prescott Real Estate Development in Arjan, Dubailand. The building contains 223 fully furnished apartments in studio, 1 and 2-bedroom configurations. It was completed in Q1 2025 and has 228 parking spaces, 4 elevators and a building area of 284,154 sq ft. The development was designed with a focus on smart home living, contemporary interiors and community amenities.

Amenities

The building offers a swimming pool and children's pool, a fully equipped gymnasium, an outdoor cinema, a gaming and entertainment lounge, a BBQ area, yoga and meditation spaces, residents' and business lounges, a multipurpose event space, children's play areas, landscaped podium gardens, covered parking, high-speed elevators, concierge services and round-the-clock security with CCTV surveillance.

About Arjan

Arjan is a residential district within Dubailand, Dubai, known for modern mid-rise developments and a family-friendly environment. The area is near Dubai Miracle Garden (approximately 3 minutes), Dubai Butterfly Garden (approximately 3 minutes), IMG Worlds of Adventure (approximately 5 minutes), Mall of the Emirates (approximately 7 minutes) and Downtown Dubai (approximately 15 minutes). Dubai International Airport is approximately 18 to 25 minutes away. The community is connected via Sheikh Mohammed Bin Zayed Road and is surrounded by schools, healthcare facilities, supermarkets, cafes and retail outlets.

Verification Notes

Unit-specific facts including size, 2-bedroom configuration, fully furnished status, vacant status and asking price are sourced from the agent's brief received on 24 September 2026. Building-level details including floor count (18), parking (228), elevators (4), unit count (223), developer and completion date are from Dubizzle's validated building data. DLD transaction data is sourced from Property Finder's transaction records for Elevate by Prescott (April to August 2026). The asking price of AED 1,700,000 is below the two most recent DLD-recorded transactions (AED 1.9M and AED 2.0M) but above the April 2026 transaction (AED 1.3M). The agent's claim that this is the lowest market price has not been independently verified across all current listings. Floor level, view, bathroom count and balcony size were not stated in the brief; comparable 2BR listings show 3 bathrooms, 1 covered parking and a balcony of approximately 187 sq ft.

Frequently asked questions

What is the asking price for this 2-bedroom apartment in Elevate by Prescott?

The asking price is AED 1,700,000 for a fully furnished 1,235 sq ft two-bedroom apartment with 3 bathrooms, which works out to approximately AED 1,377 per square foot.

How does the price compare to recent transactions in the same building?

Property Finder's DLD transaction data shows two recent 2-bedroom sales in Elevate by Prescott at 1,220 sq ft: AED 1,900,000 on 4 August 2026 and AED 2,000,000 on 4 June 2026. This listing at AED 1,700,000 for 1,235 sq ft is AED 200,000 to AED 300,000 below those recorded transactions. An earlier transaction on 27 April 2026 recorded at AED 1,300,000, though the size was not displayed. Buyers should verify the full transaction history through the Dubai Land Department.

Is the apartment furnished?

Yes. All apartments in Elevate by Prescott are delivered fully furnished by the developer with smart home technology (Alexa automated). The furnished specification is included in the price.

What is Elevate by Prescott?

Elevate by Prescott is an 18-storey residential building by Prescott Real Estate Development in Arjan, Dubailand. The building contains 223 fully furnished apartments in studio, 1 and 2-bedroom configurations with smart home technology. Completed in Q1 2025, the building is approximately 18 months old.

What rental income could this apartment generate?

As of mid-2026, furnished 2-bedroom apartments in Elevate by Prescott are listed for rent between approximately AED 120,000 and AED 140,000 per year. At an asking price of AED 1,700,000, these rental rates would indicate a potential gross yield of approximately 7.1% to 8.2%.

Where is Arjan?

Arjan is a residential district within Dubailand, Dubai, known for its modern mid-rise developments and family-friendly environment. Dubai Miracle Garden and Dubai Butterfly Garden are approximately 3 minutes away, Mall of the Emirates approximately 7 minutes, and Downtown Dubai approximately 15 minutes. The community is connected via Sheikh Mohammed Bin Zayed Road.

Buyer costs

What you will pay

Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.

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Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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