2-bed · 1,168 sqftElaya, Town Square · 5th floor

501, 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 501 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.23M1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Elaya

What is 501 worth today?

Last sold for AED 1,233,888 in 2024

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1 Apr 2024Sold by developerOff-plan
AED 1,233,888AED 1,056 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
5th of 14
Parking
1
Developer
Nshama Properties
Last sold
AED 1.23M · April 2024
Building
Elaya

About 501, Elaya

501 is a two-bedroom apartment of 1,168 sqft on the 5th floor of Elaya, a 14-storey tower in Town Square by Nshama Properties. The developer sold it on 1 April 2024 for AED 1,233,888, or AED 1,056 per sqft, 4% below the AED 1,095 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Elaya
1.2M1.4M202420252026Typical sale price by year: 2024 AED 1,194,888; 2025 AED 1,475,888Sold by developer, April 2024: AED 1,233,888 (AED 1,056 per sqft)

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

2-beds in Elaya, and where 501 sits

All 78 2-beds →

501 last sold in April 2024 at AED 1,056 per sqft, 4% below what two-beds in Elaya were fetching at the time (AED 1,095). Over the last 12 months two-beds sold for AED 1,280,000 to 1,325,000, around AED 1,198 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Sep 20261,325,000
1 Aug 20261,280,000
27 Oct 20251,508,888
6 Oct 20251,485,888
2 2-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 5th floor

All 153 units in Elaya
Value
5022-bedAED 1.24M · Apr 2024
5031-bedAED 736K · Apr 2024
5042-bedAED 1.15M · Apr 2024
5051-bedAED 736K · Apr 2024
5062-bedAED 1.15M · Apr 2024
5073-bedAED 1.59M · Apr 2024
5081-bedAED 771K · Jul 2024
1–7 of 11

501, Elaya in numbers

  • Sold once: by Nshama Properties on 1 April 2024 for AED 1,233,888, or AED 1,056 per sqft.
  • Two-beds in Elaya sold for AED 1,280,000–1,325,000 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 1 April 2024.

Questions about 501, Elaya

What did unit 501 last sell for?

AED 1,233,888 on 1 April 2024, sold by the developer: AED 1,056 per sqft for 1,168 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elaya sold for AED 1,280,000 to 1,325,000 in the last 12 months, around AED 1,198 per sqft.

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Mortgage on 501, Elaya

Starts from the last sale price (AED 1.23M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,233,888
Deposit, UAE resident (20%)
AED 246,778
Deposit, non-resident (40%)
AED 493,555
Monthly over 25 years at 3.7%
AED 5,048

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