1-bed · 852 sqftElara 1, Umm Suqeim Third · 6th floor

607, Elara 1

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

Unit 607 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 2.65M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Elara 1

What is 607 worth today?

Last sold for AED 2,648,000 in 2024

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17 Jul 2024Sold by developerOff-plan
AED 2,648,000AED 3,107 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
6th of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.65M · July 2024
Building
Elara 1

About 607, Elara 1

607 is a one-bedroom apartment of 852 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 17 July 2024 for AED 2,648,000, or AED 3,107 per sqft, 7% below the AED 3,334 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Elara 1
2.5M2.6M202320242025Typical sale price by year: 2023 AED 2,514,000; 2024 AED 2,513,000Sold by developer, July 2024: AED 2,648,000 (AED 3,107 per sqft)

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

1-beds in Elara 1, and where 607 sits

All 36 1-beds →

607 last sold in July 2024 at AED 3,107 per sqft, 7% below what one-beds in Elara 1 were fetching at the time (AED 3,334). Over the last 12 months one-beds sold for AED 2,475,000, around AED 2,570 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Nov 20252,475,000
21 Jan 20252,372,000
12 Feb 20242,513,000
7 Feb 20242,489,000
1 1-bed sale 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
6022-bedAED 3.66M · Jan 2024
6033-bedAED 6.97M · Dec 2023
6042-bedAED 3.67M · Jan 2024
6052-bedAED 3.67M · Dec 2023
6062-bedAED 3.74M · Jan 2024
6081-bedAED 2.51M · Feb 2024
1–7 of 8

607, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 17 July 2024 for AED 2,648,000, or AED 3,107 per sqft.
  • One-beds in Elara 1 sold for AED 2,475,000–2,475,000 in the 12 months to November 2026; the building's median across all types is AED 2,570 per sqft.

Source: Dubai Land Department. Updated 17 July 2024.

Questions about 607, Elara 1

What did unit 607 last sell for?

AED 2,648,000 on 17 July 2024, sold by the developer: AED 3,107 per sqft for 852 sqft. It is the only registered sale of the unit.

How big is unit 607?

852 sqft (79.2 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elara 1 sold for AED 2,475,000 to 2,475,000 in the last 12 months, around AED 2,570 per sqft.

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Mortgage on 607, Elara 1

Starts from the last sale price (AED 2.65M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,648,000
Deposit, UAE resident (20%)
AED 529,600
Deposit, non-resident (40%)
AED 1,059,200
Monthly over 25 years at 3.7%
AED 10,834

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