Rent check

What tenants actually pay in ELEVATE by Prescott

Listings show asking rents. These are the registered Ejari contracts — what tenants in this building actually signed for. Check an asking rent against them, or estimate how much of an increase Dubai's rent decree would permit at your renewal.

Median of Studio contracts registered here in the last 12 months: AED 50 k / year, from 24 contracts.

Registered rents by layout, last 12 months

LayoutContractsMedian annual rentMedian per ft² / year
Studio24AED 50 kAED 117/ft²
1 B/R26AED 80 kAED 102/ft²

Layouts with fewer than 10 contracts are not published

Rent vs buy, in registered numbers

Prefilled with this building's registered medians — edit either figure to match an actual unit. Educational arithmetic, not financial advice.

Gross yield
6.6%
a year of rent as a share of the price, before service charges and voids
Price-to-rent
15.3 years
of this rent to add up to the purchase price
Cost to change your mind
≈ AED 80,2 k
one-off buying costs (≈7%: DLD fee, agency, trustee) — the price must rise this much before an exit breaks even

Latest registered contracts

Start dateTypeAnnual rentSize
10 Sep 2026FlatAED 44,9 k405 ft²
7 Sep 2026FlatAED 128 k1 221 ft²
7 Sep 2026FlatAED 50 k425 ft²
5 Sep 2026FlatAED 50 k423 ft²
5 Sep 2026FlatAED 48 k405 ft²
4 Sep 2026FlatAED 80 k742 ft²
2 Sep 2026FlatAED 45 k419 ft²
1 Sep 2026FlatAED 83 k761 ft²
1 Sep 2026FlatAED 78 k732 ft²
1 Sep 2026FlatAED 47,5 k415 ft²

What this is — and is not

Every figure comes from registered Ejari contracts attributed to this building. Registered rents mix new leases with renewals — renewals are capped by decree, so the blend can sit below what a brand-new lease goes for. The renewal estimate anchors “average market rent” on this building's median, while the legally binding number comes from RERA's own rental index. Use this as negotiation evidence, not a legal determination.

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