1-bed · 729 sqftElara 1, Umm Suqeim Third · 6th floor

608, Elara 1

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

Unit 608 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 2.51M12 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Elara 1

What is 608 worth today?

Last sold for AED 2,513,000 in 2024

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12 Feb 2024Sold by developerOff-plan
AED 2,513,000AED 3,449 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
6th of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.51M · February 2024
Building
Elara 1

About 608, Elara 1

608 is a one-bedroom apartment of 729 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 12 February 2024 for AED 2,513,000, or AED 3,449 per sqft, in line with the AED 3,350 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Elara 1
2.51M2.51M2.51M202320242025Typical sale price by year: 2023 AED 2,514,000; 2024 AED 2,513,000Sold by developer, February 2024: AED 2,513,000 (AED 3,449 per sqft)

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

1-beds in Elara 1, and where 608 sits

All 36 1-beds →

608 last sold in February 2024 at AED 3,449 per sqft, in line with what one-beds in Elara 1 were fetching at the time (AED 3,350). 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
17 Jul 20242,648,000
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
6071-bedAED 2.65M · Jul 2024
1–7 of 8

608, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 12 February 2024 for AED 2,513,000, or AED 3,449 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 12 February 2024.

Questions about 608, Elara 1

What did unit 608 last sell for?

AED 2,513,000 on 12 February 2024, sold by the developer: AED 3,449 per sqft for 729 sqft. It is the only registered sale of the unit.

How big is unit 608?

729 sqft (67.7 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 608 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 608, Elara 1

Starts from the last sale price (AED 2.51M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,513,000
Deposit, UAE resident (20%)
AED 502,600
Deposit, non-resident (40%)
AED 1,005,200
Monthly over 25 years at 3.7%
AED 10,281

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