3-bed · 2,348 sqftElara 1, Umm Suqeim Third · Ground floor

G03, 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 G03 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 5.67M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Elara 1

What is G03 worth today?

Last sold for AED 5,674,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Jul 2024Sold by developerOff-plan
AED 5,674,000AED 2,416 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
3-bed apartment
Size
2,348 sqft
Floor
Ground of 9
Parking
2
Developer
Jumeirah Hills Development
Last sold
AED 5.67M · July 2024
Building
Elara 1

About G03, Elara 1

G03 is a three-bedroom apartment of 2,348 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 17 July 2024 for AED 5,674,000, or AED 2,416 per sqft, 32% below the AED 3,551 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical three-bed in Elara 1
6M7M202320242025Typical sale price by year: 2023 AED 6,972,000; 2024 AED 6,747,000Sold by developer, July 2024: AED 5,674,000 (AED 2,416 per sqft)

G03 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Elara 1, and where G03 sits

All 9 3-beds →

G03 last sold in July 2024 at AED 2,416 per sqft, 32% below what three-beds in Elara 1 were fetching at the time (AED 3,551).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20245,600,000
7 Feb 20247,099,000
20 Jan 20246,651,000
20 Jan 20246,907,000
0 3-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
G022-bedAED 3.47M · Mar 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

G03, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 17 July 2024 for AED 5,674,000, or AED 2,416 per sqft.

Source: Dubai Land Department. Updated 17 July 2024.

Questions about G03, Elara 1

What did unit G03 last sell for?

AED 5,674,000 on 17 July 2024, sold by the developer: AED 2,416 per sqft for 2,348 sqft. It is the only registered sale of the unit.

How big is unit G03?

2,348 sqft (218.1 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling G03? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G03, Elara 1

Starts from the last sale price (AED 5.67M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,674,000
Deposit, UAE resident (20%)
AED 1,134,800
Deposit, non-resident (40%)
AED 2,269,600
Monthly over 25 years at 3.7%
AED 23,214

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