2-bed · 1,168 sqftElaya, Town Square · 7th floor

701, 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 701 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.23M31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Elaya

What is 701 worth today?

Last sold for AED 1,227,888 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 May 2024Sold by developerOff-plan
AED 1,227,888AED 1,051 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
7th of 14
Parking
1
Developer
Nshama Properties
Last sold
AED 1.23M · May 2024
Building
Elaya

About 701, Elaya

701 is a two-bedroom apartment of 1,168 sqft on the 7th floor of Elaya, a 14-storey tower in Town Square by Nshama Properties. The developer sold it on 31 May 2024 for AED 1,227,888, or AED 1,051 per sqft, 3% below the AED 1,085 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, 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 1,227,888 (AED 1,051 per sqft)

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

2-beds in Elaya, and where 701 sits

All 78 2-beds →

701 last sold in May 2024 at AED 1,051 per sqft, 3% below what two-beds in Elaya were fetching at the time (AED 1,085). 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 7th floor

All 153 units in Elaya
Value
7022-bedAED 1.25M · Apr 2024
7031-bedAED 731K · Apr 2024
7042-bedAED 1.16M · May 2024
7051-bedAED 731K · Apr 2024
7062-bedAED 1.16M · Apr 2024
7073-bedAED 1.61M · Apr 2024
7081-bedAED 780K · Apr 2024
1–7 of 11

701, Elaya in numbers

  • Sold once: by Nshama Properties on 31 May 2024 for AED 1,227,888, or AED 1,051 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 31 May 2024.

Questions about 701, Elaya

What did unit 701 last sell for?

AED 1,227,888 on 31 May 2024, sold by the developer: AED 1,051 per sqft for 1,168 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Elaya

Starts from the last sale price (AED 1.23M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,227,888
Deposit, UAE resident (20%)
AED 245,578
Deposit, non-resident (40%)
AED 491,155
Monthly over 25 years at 3.7%
AED 5,024

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