502, 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.
Property timeline for 502, Elara 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 6 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Last sold
- AED 3.63M · December 2023
- Building
- Elara 1
About 502, Elara 1
502 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Elara 1, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 6 December 2023 for AED 3,630,000, or AED 2,293 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Elara 1, and where 502 sits
All 36 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20255 May 2025 | 1,574 sqft | 3,900,000 | 2,478 | ||
| 4 Dec 20244 December 2024 | 1,415 sqft | 3,700,000 | 2,614 | ||
| 30 Oct 202430 October 2024 | 1,583 sqft | 3,590,000 | 2,268 | ||
| 17 Jul 202417 July 2024 | 1,583 sqft | 3,462,000 | 2,187 |
Elara 1
Building82 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
Other units on the 5th floor
All 82 units in Elara 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 729 sqft | AED 2.56MAED 2,563,000 · Dec 2023December 2023 | ||
| 503 | 3-bed | 1,927 sqft | AED 6.91MAED 6,907,000 · Jan 2024January 2024 | ||
| 504 | 2-bed | 1,415 sqft | AED 3.63MAED 3,634,000 · Feb 2024February 2024 | ||
| 505 | 2-bed | 1,415 sqft | AED 3.63MAED 3,634,000 · Dec 2023December 2023 | ||
| 506 | 2-bed | 1,574 sqft | AED 3.71MAED 3,707,000 · Jan 2024January 2024 | ||
| 507 | 1-bed | 852 sqft | AED 2.63MAED 2,625,000 · Jan 2024January 2024 | ||
| 508 | 1-bed | 729 sqft | AED 2.49MAED 2,488,000 · Feb 2024February 2024 | ||
| 509 | 1-bed | 729 sqft | AED 2.49MAED 2,489,000 · Feb 2024February 2024 |
502, Elara 1 in numbers
- Sold once: by Jumeirah Hills Development on 6 December 2023 for AED 3,630,000, or AED 2,293 per sqft.
Source: Dubai Land Department. Updated 6 December 2023.
Questions about 502, Elara 1
What did unit 502 last sell for?
AED 3,630,000 on 6 December 2023, sold by the developer: AED 2,293 per sqft for 1,583 sqft. It is the only registered sale of the unit.
How big is unit 502?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 502 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 502, Elara 1
Starts from the last sale price (AED 3.63M, 6 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,630,000
- Deposit, UAE resident (20%)
- AED 726,000
- Deposit, non-resident (40%)
- AED 1,452,000
- Monthly over 25 years at 3.7%
- AED 14,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →