1-bed · 729 sqftElara 2, Umm Suqeim Third · 3rd floor

307, Elara 2

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 307 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 2.37M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Elara 2

What is 307 worth today?

Last sold for AED 2,373,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 2,373,000AED 3,254 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
3rd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.37M · December 2023
Building
Elara 2

About 307, Elara 2

307 is a one-bedroom apartment of 729 sqft on the 3rd floor of Elara 2, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 19 December 2023 for AED 2,373,000, or AED 3,254 per sqft, in line with the AED 3,169 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Elara 2
2.4M2.5M2.6M202320242025Typical sale price by year: 2023 AED 2,573,000; 2024 AED 2,573,500Sold by developer, December 2023: AED 2,373,000 (AED 3,254 per sqft)

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

1-beds in Elara 2, and where 307 sits

All 45 1-beds →

307 last sold in December 2023 at AED 3,254 per sqft, in line with what one-beds in Elara 2 were fetching at the time (AED 3,169).

Recent 1-bed salesUnit no.Price (AED)Summary
17 Mar 20252,582,000
13 Mar 20242,565,000
7 Mar 20242,802,000
29 Feb 20242,631,000
0 1-bed sales in the last 12 months

Elara 2

Building

64 apartments, 1-bed to 2-bed over 9 floors in Umm Suqeim Third by Jumeirah Hills Development . No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Elara 2, Umm Suqeim Third: prices, sales and rents →

Other units on the 3rd floor

All 64 units in Elara 2
Value
3011-bedAED 2.46M · Dec 2023
3021-bedAED 2.5M · Dec 2023
3032-bedAED 3.98M · Mar 2025
3041-bedAED 2.53M · Dec 2023
3052-bedAED 3.6M · Dec 2023
3061-bedAED 2.7M · Dec 2023

307, Elara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 2,373,000, or AED 3,254 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about 307, Elara 2

What did unit 307 last sell for?

AED 2,373,000 on 19 December 2023, sold by the developer: AED 3,254 per sqft for 729 sqft. It is the only registered sale of the unit.

How big is unit 307?

729 sqft (67.7 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 307 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 307, Elara 2

Starts from the last sale price (AED 2.37M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,373,000
Deposit, UAE resident (20%)
AED 474,600
Deposit, non-resident (40%)
AED 949,200
Monthly over 25 years at 3.7%
AED 9,709

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