2-bed · 1,788 sqftElara 1, Umm Suqeim Third · Ground floor

G02, Elara 1

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

Unit G02 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 3.47M19 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Elara 1

What is G02 worth today?

Last sold for AED 3,465,000 in 2024

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19 Mar 2024Sold by developerOff-plan
AED 3,465,000AED 1,937 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
Ground of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.47M · March 2024
Building
Elara 1

About G02, Elara 1

G02 is a two-bedroom apartment of 1,788 sqft on the ground floor of Elara 1, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 19 March 2024 for AED 3,465,000, or AED 1,937 per sqft, 19% below the AED 2,399 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical two-bed in Elara 1
3.5M3.6M3.7M202320242025Typical sale price by year: 2023 AED 3,683,000; 2024 AED 3,593,500Sold by developer, March 2024: AED 3,465,000 (AED 1,937 per sqft)

G02 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Elara 1, and where G02 sits

All 36 2-beds →

G02 last sold in March 2024 at AED 1,937 per sqft, 19% below what two-beds in Elara 1 were fetching at the time (AED 2,399).

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 ground floor

All 82 units in Elara 1
Value
G011-bedAED 2.55M · Jan 2024
G033-bedAED 5.67M · Jul 2024
G042-bedAED 3.54M · Dec 2023
G052-bedAED 3.54M · Jan 2024
G062-bedAED 3.54M · Jan 2024
G071-bedAED 2.5M · Dec 2023
G081-bedAED 2.47M · Jan 2024
1–7 of 8

G02, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 19 March 2024 for AED 3,465,000, or AED 1,937 per sqft.

Source: Dubai Land Department. Updated 19 March 2024.

Questions about G02, Elara 1

What did unit G02 last sell for?

AED 3,465,000 on 19 March 2024, sold by the developer: AED 1,937 per sqft for 1,788 sqft. It is the only registered sale of the unit.

How big is unit G02?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower.

What is unit G02 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 G02, Elara 1

Starts from the last sale price (AED 3.47M, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,465,000
Deposit, UAE resident (20%)
AED 693,000
Deposit, non-resident (40%)
AED 1,386,000
Monthly over 25 years at 3.7%
AED 14,176

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