2-bed · 1,415 sqftElara 1, Umm Suqeim Third · 4th floor

405, 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 405 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 3.6M11 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Elara 1

What is 405 worth today?

Last sold for AED 3,600,000 in 2024

Unlock today's estimate, updated daily, with

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

11 Jan 2024Sold by developerOff-plan
AED 3,600,000AED 2,543 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
4th of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.6M · January 2024
Building
Elara 1

About 405, Elara 1

405 is a two-bedroom apartment of 1,415 sqft on the 4th floor of Elara 1, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 11 January 2024 for AED 3,600,000, or AED 2,543 per sqft, 5% above the AED 2,423 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Elara 1
3.6M3.65M202320242025Typical sale price by year: 2023 AED 3,683,000; 2024 AED 3,593,500Sold by developer, January 2024: AED 3,600,000 (AED 2,543 per sqft)

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

2-beds in Elara 1, and where 405 sits

All 36 2-beds →

405 last sold in January 2024 at AED 2,543 per sqft, 5% above what two-beds in Elara 1 were fetching at the time (AED 2,423).

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 4th floor

All 82 units in Elara 1
Value
4011-bedAED 2.54M · Jan 2024
4022-bedAED 3.6M · Jan 2024
4033-bedAED 6.84M · Jan 2024
4042-bedAED 3.6M · Jan 2024
4062-bedAED 3.67M · Jan 2024
4071-bedAED 2.6M · Jan 2024
4081-bedAED 2.46M · Jan 2024
1–7 of 8

405, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 11 January 2024 for AED 3,600,000, or AED 2,543 per sqft.

Source: Dubai Land Department. Updated 11 January 2024.

Questions about 405, Elara 1

What did unit 405 last sell for?

AED 3,600,000 on 11 January 2024, sold by the developer: AED 2,543 per sqft for 1,415 sqft. It is the only registered sale of the unit.

How big is unit 405?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 405 worth today?

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

Selling 405? 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 405, Elara 1

Starts from the last sale price (AED 3.6M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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