2-bed · 1,732 sqftElara 1, Umm Suqeim Third · Ground floor

G04, Elara 1

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G04 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 3.54M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G04, Elara 1

What is G04 worth today?

Last sold for AED 3,539,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 3,539,000AED 2,043 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
2-bed apartment
Size
1,732 sqft
Floor
Ground of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.54M · December 2023
Building
Elara 1

About G04, Elara 1

G04 is a two-bedroom apartment of 1,732 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 December 2023 for AED 3,539,000, or AED 2,043 per sqft, 16% below the AED 2,435 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G04 over time

Sales
Unit G04, each saleTypical two-bed in Elara 1
3.6M3.7M202320242025Typical sale price by year: 2023 AED 3,683,000; 2024 AED 3,593,500Sold by developer, December 2023: AED 3,539,000 (AED 2,043 per sqft)

G04 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Elara 1, and where G04 sits

All 36 2-beds →

G04 last sold in December 2023 at AED 2,043 per sqft, 16% below what two-beds in Elara 1 were fetching at the time (AED 2,435).

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
G022-bedAED 3.47M · Mar 2024
G033-bedAED 5.67M · Jul 2024
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

G04, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 3,539,000, or AED 2,043 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about G04, Elara 1

What did unit G04 last sell for?

AED 3,539,000 on 19 December 2023, sold by the developer: AED 2,043 per sqft for 1,732 sqft. It is the only registered sale of the unit.

How big is unit G04?

1,732 sqft (160.9 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower.

What is unit G04 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 G04, Elara 1

Starts from the last sale price (AED 3.54M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,539,000
Deposit, UAE resident (20%)
AED 707,800
Deposit, non-resident (40%)
AED 1,415,600
Monthly over 25 years at 3.7%
AED 14,479

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