1-bed · 962 sqftElara 1, Umm Suqeim Third · Ground floor

G08, Elara 1

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

Unit G08 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 2.47M20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Elara 1

What is G08 worth today?

Last sold for AED 2,474,000 in 2024

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20 Jan 2024Sold by developerOff-plan
AED 2,474,000AED 2,570 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
1-bed apartment
Size
962 sqft
Floor
Ground of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.47M · January 2024
Building
Elara 1

About G08, Elara 1

G08 is a one-bedroom apartment of 962 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 20 January 2024 for AED 2,474,000, or AED 2,570 per sqft, 23% below the AED 3,318 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G08 over time

Sales
Unit G08, each saleTypical one-bed in Elara 1
2.48M2.5M2.52M202320242025Typical sale price by year: 2023 AED 2,514,000; 2024 AED 2,513,000Sold by developer, January 2024: AED 2,474,000 (AED 2,570 per sqft)

G08 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elara 1, and where G08 sits

All 36 1-beds →

G08 last sold in January 2024 at AED 2,570 per sqft, 23% below what one-beds in Elara 1 were fetching at the time (AED 3,318). 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
12 Feb 20242,513,000
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 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
G042-bedAED 3.54M · Dec 2023
G052-bedAED 3.54M · Jan 2024
G062-bedAED 3.54M · Jan 2024
G071-bedAED 2.5M · Dec 2023
1–7 of 8

G08, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 20 January 2024 for AED 2,474,000, or AED 2,570 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 20 January 2024.

Questions about G08, Elara 1

What did unit G08 last sell for?

AED 2,474,000 on 20 January 2024, sold by the developer: AED 2,570 per sqft for 962 sqft. It is the only registered sale of the unit.

How big is unit G08?

962 sqft (89.4 sqm): a one-bedroom apartment on the ground floor of a 9-storey tower.

What is unit G08 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 G08, Elara 1

Starts from the last sale price (AED 2.47M, 20 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,474,000
Deposit, UAE resident (20%)
AED 494,800
Deposit, non-resident (40%)
AED 989,600
Monthly over 25 years at 3.7%
AED 10,122

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