2-bed · 1,129 sqftElaya, Town Square · 5th floor

512, Elaya

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

Unit 512 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 1.19M14 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Elaya

What is 512 worth today?

Last sold for AED 1,185,888 in 2024

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14 May 2024Sold by developerOff-plan
AED 1,185,888AED 1,050 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
2-bed apartment
Size
1,129 sqft
Floor
5th of 14
Parking
1
Developer
Nshama Properties
Last sold
AED 1.19M · May 2024
Building
Elaya

About 512, Elaya

512 is a two-bedroom apartment of 1,129 sqft on the 5th floor of Elaya, a 14-storey tower in Town Square by Nshama Properties. The developer sold it on 14 May 2024 for AED 1,185,888, or AED 1,050 per sqft, 3% below the AED 1,088 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, 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, May 2024: AED 1,185,888 (AED 1,050 per sqft)

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

2-beds in Elaya, and where 512 sits

All 78 2-beds →

512 last sold in May 2024 at AED 1,050 per sqft, 3% below what two-beds in Elaya were fetching at the time (AED 1,088). 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
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

512, Elaya in numbers

  • Sold once: by Nshama Properties on 14 May 2024 for AED 1,185,888, or AED 1,050 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 14 May 2024.

Questions about 512, Elaya

What did unit 512 last sell for?

AED 1,185,888 on 14 May 2024, sold by the developer: AED 1,050 per sqft for 1,129 sqft. It is the only registered sale of the unit.

How big is unit 512?

1,129 sqft (104.9 sqm): a two-bedroom apartment on the 5th floor of a 14-storey tower.

What is unit 512 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 512, Elaya

Starts from the last sale price (AED 1.19M, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,888
Deposit, UAE resident (20%)
AED 237,178
Deposit, non-resident (40%)
AED 474,355
Monthly over 25 years at 3.7%
AED 4,852

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