1-bed · 688 sqftElaya, Town Square · 4th floor

408, Elaya

Sold prices and rental history: sold once, by the developer in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 765K3 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Elaya

What is 408 worth today?

Last sold for AED 764,888 in 2024

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3 Apr 2024Sold by developerOff-plan
AED 764,888AED 1,111 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
1-bed apartment
Size
688 sqft
Floor
4th of 14
Parking
1
Developer
Nshama Properties
Last sold
AED 765K · April 2024
Building
Elaya

About 408, Elaya

408 is a one-bedroom apartment of 688 sqft on the 4th floor of Elaya, a 14-storey tower in Town Square by Nshama Properties. The developer sold it on 3 April 2024 for AED 764,888, or AED 1,111 per sqft, 4% below the AED 1,162 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Elaya
800K2024202520262027Typical sale price by year: 2024 AED 759,888; 2025 AED 877,500; 2026 AED 860,000Sold by developer, April 2024: AED 764,888 (AED 1,111 per sqft)

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

1-beds in Elaya, and where 408 sits

All 61 1-beds →

408 last sold in April 2024 at AED 1,111 per sqft, 4% below what one-beds in Elaya were fetching at the time (AED 1,162). Over the last 12 months one-beds sold for AED 820,000 to 910,000, around AED 1,270 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 2026820,000
26 Feb 2026865,000
22 Feb 2026860,000
10 Dec 2025910,000
4 1-bed sales in the last 12 months

Elaya

Building

153 apartments, 1-bed to 3-bed over 14 floors in Town Square by Nshama Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,247
Typical sale
AED 1.1M
Typical rent
Few contracts
Typical yield
Elaya, Town Square: prices, sales and rents →

Other units on the 4th floor

All 153 units in Elaya
Value
4012-bedAED 1.26M · Apr 2024
4022-bedAED 1.38M · Jul 2025
4031-bedAED 756K · Apr 2024
4042-bedAED 1.14M · Apr 2024
4051-bedAED 756K · Apr 2024
4062-bedAED 1.14M · Apr 2024
4073-bedAED 1.58M · Apr 2024
1–7 of 11

408, Elaya in numbers

  • Sold once: by Nshama Properties on 3 April 2024 for AED 764,888, or AED 1,111 per sqft.
  • One-beds in Elaya sold for AED 820,000–910,000 in the 12 months to November 2026; the building's median across all types is AED 1,247 per sqft.

Source: Dubai Land Department. Updated 3 April 2024.

Questions about 408, Elaya

What did unit 408 last sell for?

AED 764,888 on 3 April 2024, sold by the developer: AED 1,111 per sqft for 688 sqft. It is the only registered sale of the unit.

How big is unit 408?

688 sqft (63.9 sqm): a one-bedroom apartment on the 4th floor of a 14-storey tower.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elaya sold for AED 820,000 to 910,000 in the last 12 months, around AED 1,270 per sqft.

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Mortgage on 408, Elaya

Starts from the last sale price (AED 765K, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 764,888
Deposit, UAE resident (20%)
AED 152,978
Deposit, non-resident (40%)
AED 305,955
Monthly over 25 years at 3.7%
AED 3,129

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