1-bed · 688 sqftElaya, Town Square · 5th floor

508, Elaya

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

Unit 508 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 771K17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Elaya

What is 508 worth today?

Last sold for AED 770,888 in 2024

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17 Jul 2024Sold by developerOff-plan
AED 770,888AED 1,119 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
688 sqft
Floor
5th of 14
Parking
1
Developer
Nshama Properties
Last sold
AED 771K · July 2024
Building
Elaya

About 508, Elaya

508 is a one-bedroom apartment of 688 sqft on the 5th floor of Elaya, a 14-storey tower in Town Square by Nshama Properties. The developer sold it on 17 July 2024 for AED 770,888, or AED 1,119 per sqft, 6% below the AED 1,190 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, July 2024: AED 770,888 (AED 1,119 per sqft)

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

1-beds in Elaya, and where 508 sits

All 61 1-beds →

508 last sold in July 2024 at AED 1,119 per sqft, 6% below what one-beds in Elaya were fetching at the time (AED 1,190). 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 5th floor

All 153 units in Elaya
Value
5012-bedAED 1.23M · Apr 2024
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
1–7 of 11

508, Elaya in numbers

  • Sold once: by Nshama Properties on 17 July 2024 for AED 770,888, or AED 1,119 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 17 July 2024.

Questions about 508, Elaya

What did unit 508 last sell for?

AED 770,888 on 17 July 2024, sold by the developer: AED 1,119 per sqft for 688 sqft. It is the only registered sale of the unit.

How big is unit 508?

688 sqft (63.9 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 508 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 508, Elaya

Starts from the last sale price (AED 771K, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 770,888
Deposit, UAE resident (20%)
AED 154,178
Deposit, non-resident (40%)
AED 308,355
Monthly over 25 years at 3.7%
AED 3,154

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