Elevate By Prescott: Apartments in Arjan from AED 570,000
Elevate By Prescott is a residential apartment development by Prescott Real Estate Development, located in Arjan, one of Dubai's mid-market residential districts. Construction started in March 2023 and the scheduled handover date was March 2025. As of mid-2026, that date has passed. Buyers approaching this project now are dealing with a completed or near-completed building, not a traditional off-plan purchase.
Arjan: What the Location Means Day to Day
Arjan sits in the southern belt of new Dubai, between Dubailand and the Al Barsha corridor. Motor City, Dubai Sports City, and Arabian Ranches are all close by. The Sheikh Mohammed Bin Zayed Road connection puts Dubai Marina around 20 to 25 minutes away in normal traffic, and Downtown Dubai is roughly the same distance. Dubai International Airport is a 30 to 35 minute drive.
The district draws mid-budget residents who prefer space and value over a central address. The area is still developing, so neighbouring construction is part of daily life here. For investors, the appeal is a lower entry price relative to established districts, with access to multiple employment and retail corridors.
What AED 570K to AED 1.38M Buys You
The price band runs from AED 570,000 to AED 1,380,000, a spread of roughly 2.4x. That width typically signals a project covering studio and one-bedroom units at the low end and larger two-bedroom apartments at the top. At AED 570,000, you are likely looking at a compact studio or entry-level one-bedroom. At AED 1,380,000, you are at the ceiling of the Arjan apartment market for this building.
The lower end suits a solo professional or a first-time buyer looking to enter the Dubai market without stretching to a more expensive district. The upper range fits a couple or small family who wants a larger apartment and is comfortable trading location centrality for price and space. The spread gives the project a broad buyer pool, which can support liquidity if you are investing with resale in mind.
Facilities
| Category | Facilities |
|---|---|
| Fitness | Gymnasium |
| Outdoor | Community Park, Landscaped Gardens, Shared Pool |
| Convenience | Valet Parking, Restaurants |
| Family | Children's Play Area |
Valet parking stands out for a project at this price point and location. It is uncommon in mid-market Arjan developments and suggests Prescott is targeting a buyer who expects a modest level of service beyond standard apartment amenities. The on-site restaurants combined with the children's play area and outdoor green space point to a resident profile that values self-contained living. The amenity mix reads as a practical, family-friendly offering rather than a luxury lifestyle pitch.
A Project That Has Reached Its Handover Window
The original completion target was March 2025. With more than a year now elapsed since that date, buyers coming to this project should treat it as a completed development. Units available now are either direct developer stock or secondary market listings. That distinction matters for how the transaction is structured and what financing options apply.
Getting In for 20%
| Stage | Amount Due |
|---|---|
| Down payment | 20% |
| During construction | 30% |
| At handover | 50% |
A 20% down payment is in line with the Dubai off-plan standard. The structure concentrates 50% at handover, which kept the cash burden light during construction and then required a large payment at the end. Since the handover window has now passed, the staged schedule above describes the original off-plan structure rather than what a buyer entering today would necessarily face.