2-bed · 1,583 sqftElara 1, Umm Suqeim Third · 6th floor

602, 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 602 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 3.66M20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Elara 1

What is 602 worth today?

Last sold for AED 3,663,000 in 2024

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20 Jan 2024Sold by developerOff-plan
AED 3,663,000AED 2,314 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
6th of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.66M · January 2024
Building
Elara 1

About 602, Elara 1

602 is a two-bedroom apartment of 1,583 sqft on the 6th 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 3,663,000, or AED 2,314 per sqft, 4% below 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 602 over time

Sales
Unit 602, 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 3,663,000 (AED 2,314 per sqft)

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

2-beds in Elara 1, and where 602 sits

All 36 2-beds →

602 last sold in January 2024 at AED 2,314 per sqft, 4% below 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 6th floor

All 82 units in Elara 1
Value
6011-bedAED 2.59M · Dec 2023
6033-bedAED 6.97M · Dec 2023
6042-bedAED 3.67M · Jan 2024
6052-bedAED 3.67M · Dec 2023
6062-bedAED 3.74M · Jan 2024
6071-bedAED 2.65M · Jul 2024
6081-bedAED 2.51M · Feb 2024
1–7 of 8

602, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 20 January 2024 for AED 3,663,000, or AED 2,314 per sqft.

Source: Dubai Land Department. Updated 20 January 2024.

Questions about 602, Elara 1

What did unit 602 last sell for?

AED 3,663,000 on 20 January 2024, sold by the developer: AED 2,314 per sqft for 1,583 sqft. It is the only registered sale of the unit.

How big is unit 602?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 602 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 602, Elara 1

Starts from the last sale price (AED 3.66M, 20 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,663,000
Deposit, UAE resident (20%)
AED 732,600
Deposit, non-resident (40%)
AED 1,465,200
Monthly over 25 years at 3.7%
AED 14,986

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