2-bed · 1,216 sqftEdmonton Elm, Jumeirah Village Triangle (JVT) · 4th floor · completed 2021

405, Edmonton Elm

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 894K28 October 2015
Current rentAED 70K /yr12 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Edmonton Elm

What is 405 worth today?

Last sold for AED 893,650 in 2015

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12 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
2 May 2023RentedRenewal
AED 59,400/yr12 months · AED 49 per sqft
30 Apr 2022RentedNew contract
AED 53,702/yr12 months · AED 44 per sqft
28 Oct 2015Sold by developerOff-plan
AED 893,650AED 734 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
2-bed apartment
Size
1,216 sqft
Floor
4th of 4
Parking
B2-37, B2-39
Developer
Edmonton Admire Properties
Completed
2021
Service charge
AED 27,200 /yr
Last sold
AED 894K · October 2015
Building
Edmonton Elm

About 405, Edmonton Elm

405 is a two-bedroom apartment of 1,216 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 28 October 2015 for AED 893,650, or AED 734 per sqft, in line with the AED 732 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 October 2023, is AED 70,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 27,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, October 2015: AED 893,650 (AED 734 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Edmonton Elm
60K80K20222023202420252026Typical rent by year: 2022 AED 60,000; 2023 AED 66,000; 2024 AED 78,000; 2025 AED 80,000New contract, April 2022: AED 53,702 a yearRenewal, May 2023: AED 59,400 a yearNew contract, October 2023: AED 70,000 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 405 sits

All 14 2-beds →

405 last sold in October 2015 at AED 734 per sqft, in line with what two-beds in Edmonton Elm were fetching at the time (AED 732). 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
4022-bedAED 886K · Jan 2016
403StudioAED 530K · Nov 2023
404StudioAED 550K · Aug 2023

405, Edmonton Elm in numbers

  • Sold once: by Edmonton Admire Properties on 28 October 2015 for AED 893,650, or AED 734 per sqft.
  • Rented since April 2022 on 3 Ejari contracts, from AED 53,702 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 27,200 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 12 October 2023.

Questions about 405, Edmonton Elm

What did unit 405 last sell for?

AED 893,650 on 28 October 2015, sold by the developer: AED 734 per sqft for 1,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 70,000 a year on the contract signed on 12 October 2023. The previous contract, from May 2023, was AED 59,400; the unit has been rented since April 2022.

How big is unit 405?

1,216 sqft (113.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 405 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 405, Edmonton Elm

Starts from the last sale price (AED 894K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 893,650
Deposit, UAE resident (20%)
AED 178,730
Deposit, non-resident (40%)
AED 357,460
Monthly over 25 years at 3.7%
AED 3,656

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