3-bed · 1,927 sqftElara 1, Umm Suqeim Third · 3rd floor

303, Elara 1

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 6.72M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Elara 1

What is 303 worth today?

Last sold for AED 6,715,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 6,715,000AED 3,485 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
3-bed apartment
Size
1,927 sqft
Floor
3rd of 9
Parking
2
Developer
Jumeirah Hills Development
Last sold
AED 6.72M · December 2023
Building
Elara 1

About 303, Elara 1

303 is a three-bedroom apartment of 1,927 sqft on the 3rd floor of Elara 1, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 19 December 2023 for AED 6,715,000, or AED 3,485 per sqft, 4% below the AED 3,618 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical three-bed in Elara 1
6.8M7M202320242025Typical sale price by year: 2023 AED 6,972,000; 2024 AED 6,747,000Sold by developer, December 2023: AED 6,715,000 (AED 3,485 per sqft)

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

3-beds in Elara 1, and where 303 sits

All 9 3-beds →

303 last sold in December 2023 at AED 3,485 per sqft, 4% below what three-beds in Elara 1 were fetching at the time (AED 3,618).

Recent 3-bed salesUnit no.Price (AED)Summary
17 Jul 20245,674,000
5 Mar 20245,600,000
7 Feb 20247,099,000
20 Jan 20246,651,000
0 3-bed sales in the last 12 months

Elara 1

Building

82 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third by Jumeirah Hills Development . 1 sold in the last 12 months.

Typical price per sqft
AED 2,570
Typical sale
AED 2.48M
Typical rent
Few contracts
Typical yield
Elara 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 82 units in Elara 1
Value
3011-bedAED 2.49M · Feb 2024
3022-bedAED 3.53M · Feb 2024
3042-bedAED 3.53M · Feb 2024
3052-bedAED 3.53M · Jan 2024
3062-bedAED 3.6M · Jan 2024
3071-bedAED 2.55M · Feb 2024
3081-bedAED 2.42M · Dec 2023
1–7 of 8

303, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 6,715,000, or AED 3,485 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about 303, Elara 1

What did unit 303 last sell for?

AED 6,715,000 on 19 December 2023, sold by the developer: AED 3,485 per sqft for 1,927 sqft. It is the only registered sale of the unit.

How big is unit 303?

1,927 sqft (179.0 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 303, Elara 1

Starts from the last sale price (AED 6.72M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,715,000
Deposit, UAE resident (20%)
AED 1,343,000
Deposit, non-resident (40%)
AED 2,686,000
Monthly over 25 years at 3.7%
AED 27,473

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