2-bed · 1,608 sqftEdmonton Elm, Jumeirah Village Triangle (JVT) · 4th floor · completed 2021

402, Edmonton Elm

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 886K18 January 2016
Current rentAED 77K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Edmonton Elm

What is 402 worth today?

Last sold for AED 886,084 in 2016

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15 Jan 2025RentedRenewal
AED 76,751/yr7 months · AED 48 per sqft
15 Jan 2025RentedRenewal
AED 76,751/yr7 months · AED 48 per sqft
15 Jan 2024RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
15 Jan 2023RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
15 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft
18 Jan 2016Sold by developerOff-plan
AED 886,084AED 551 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
2-bed apartment
Size
1,608 sqft
Floor
4th of 4
Parking
B1-9
Developer
Edmonton Admire Properties
Completed
2021
Service charge
AED 35,900 /yr
Last sold
AED 886K · January 2016
Building
Edmonton Elm

About 402, Edmonton Elm

402 is a two-bedroom apartment of 1,608 sqft on the 4th floor of Edmonton Elm, a 4-storey tower in Jumeirah Village Triangle (JVT) completed in 2021 by Edmonton Admire Properties. The developer sold it on 18 January 2016 for AED 886,084, or AED 551 per sqft, 23% below the AED 712 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 76,751 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 35,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Edmonton Elm
800K1M2015201820212024Typical sale price by year: 2015 AED 962,088; 2016 AED 822,500; 2017 AED 1,032,850; 2023 AED 750,000; 2024 AED 927,000Sold by developer, January 2016: AED 886,084 (AED 551 per sqft)

402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Edmonton Elm
60K70K80K20222023202420252026Typical rent by year: 2022 AED 60,000; 2023 AED 66,000; 2024 AED 78,000; 2025 AED 80,000New contract, January 2022: AED 65,000 a yearRenewal, January 2023: AED 70,000 a yearRenewal, January 2024: AED 70,000 a yearRenewal, January 2025: AED 76,751 a yearRenewal, January 2025: AED 76,751 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Edmonton Elm, and where 402 sits

All 14 2-beds →

402 last sold in January 2016 at AED 551 per sqft, 23% below what two-beds in Edmonton Elm were fetching at the time (AED 712). Over the last 12 months two-beds sold for AED 1,040,000 to 1,150,000, around AED 925 per sqft, and rent for AED 75,000 to 90,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20261,150,000
19 Feb 20261,040,000
2 Sep 20251,230,000
21 Aug 20251,780,000
2 2-bed sales in the last 12 months

Edmonton Elm

Building

64 apartments, studios to 3-bed over 4 floors in Jumeirah Village Triangle (JVT), completed in 2021 by Edmonton Admire Properties. 14 sold in the last 12 months.

Typical price per sqft
AED 866 Down 0.1%
Typical sale
AED 715K
Typical rent
AED 60K /yr
Typical yield
9.4%
Edmonton Elm, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 4th floor

All 64 units in Edmonton Elm
Value
4013-bedAED 1.15M · Feb 2024
403StudioAED 530K · Nov 2023
404StudioAED 550K · Aug 2023
4052-bedAED 894K · Oct 2015

402, Edmonton Elm in numbers

  • Sold once: by Edmonton Admire Properties on 18 January 2016 for AED 886,084, or AED 551 per sqft.
  • Rented since January 2022 on 5 Ejari contracts, from AED 65,000 to AED 76,751 a year.
  • At AED 76,751 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 35,900 a year (AED 22.35 per sqft).
  • Two-beds in Edmonton Elm sold for AED 1,040,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 866 per sqft.

Source: Dubai Land Department. Updated 15 January 2025.

Questions about 402, Edmonton Elm

What did unit 402 last sell for?

AED 886,084 on 18 January 2016, sold by the developer: AED 551 per sqft for 1,608 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 76,751 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 76,751; the unit has been rented since January 2022.

How big is unit 402?

1,608 sqft (149.4 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Edmonton Elm sold for AED 1,040,000 to 1,150,000 in the last 12 months, around AED 925 per sqft.

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Mortgage on 402, Edmonton Elm

Starts from the last sale price (AED 886K, 18 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 886,084
Deposit, UAE resident (20%)
AED 177,217
Deposit, non-resident (40%)
AED 354,434
Monthly over 25 years at 3.7%
AED 3,625

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →