2-bed · 1,415 sqftElara 1, Umm Suqeim Third · 3rd floor

305, Elara 1

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

Unit 305 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 3.53M20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Elara 1

What is 305 worth today?

Last sold for AED 3,531,000 in 2024

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20 Jan 2024Sold by developerOff-plan
AED 3,531,000AED 2,495 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
3rd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.53M · January 2024
Building
Elara 1

About 305, Elara 1

305 is a two-bedroom apartment of 1,415 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 20 January 2024 for AED 3,531,000, or AED 2,495 per sqft, 4% above the AED 2,410 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Elara 1
3.6M3.7M202320242025Typical sale price by year: 2023 AED 3,683,000; 2024 AED 3,593,500Sold by developer, January 2024: AED 3,531,000 (AED 2,495 per sqft)

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

2-beds in Elara 1, and where 305 sits

All 36 2-beds →

305 last sold in January 2024 at AED 2,495 per sqft, 4% above what two-beds in Elara 1 were fetching at the time (AED 2,410).

Recent 2-bed salesUnit no.Price (AED)Summary
5 May 20253,900,000
4 Dec 20243,700,000
30 Oct 20243,590,000
17 Jul 20243,462,000
0 2-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
3033-bedAED 6.72M · Dec 2023
3042-bedAED 3.53M · Feb 2024
3062-bedAED 3.6M · Jan 2024
3071-bedAED 2.55M · Feb 2024
3081-bedAED 2.42M · Dec 2023
1–7 of 8

305, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 20 January 2024 for AED 3,531,000, or AED 2,495 per sqft.

Source: Dubai Land Department. Updated 20 January 2024.

Questions about 305, Elara 1

What did unit 305 last sell for?

AED 3,531,000 on 20 January 2024, sold by the developer: AED 2,495 per sqft for 1,415 sqft. It is the only registered sale of the unit.

How big is unit 305?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 305 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 305, Elara 1

Starts from the last sale price (AED 3.53M, 20 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,531,000
Deposit, UAE resident (20%)
AED 706,200
Deposit, non-resident (40%)
AED 1,412,400
Monthly over 25 years at 3.7%
AED 14,446

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