2-bed · 1,574 sqftElara 2, Umm Suqeim Third · 4th floor

405, Elara 2

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 405 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 3.67M30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Elara 2

What is 405 worth today?

Last sold for AED 3,673,000 in 2024

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30 Jan 2024Sold by developerOff-plan
AED 3,673,000AED 2,334 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
2-bed apartment
Size
1,574 sqft
Floor
4th of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.67M · January 2024
Building
Elara 2

About 405, Elara 2

405 is a two-bedroom apartment of 1,574 sqft on the 4th floor of Elara 2, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 30 January 2024 for AED 3,673,000, or AED 2,334 per sqft, in line with the AED 2,334 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Elara 2
3.6M3.65M3.7M202320242025Typical sale price by year: 2023 AED 3,604,000; 2024 AED 3,707,000Sold by developer, January 2024: AED 3,673,000 (AED 2,334 per sqft)

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

2-beds in Elara 2, and where 405 sits

All 19 2-beds →

405 last sold in January 2024 at AED 2,334 per sqft, in line with what two-beds in Elara 2 were fetching at the time (AED 2,334).

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20253,980,000
12 Feb 20243,707,000
7 Feb 20243,707,000
1 Feb 20243,540,000
0 2-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 4th floor

All 64 units in Elara 2
Value
4011-bedAED 2.51M · Jan 2024
4021-bedAED 2.55M · Feb 2024
4032-bedAED 3.67M · Jan 2024
4041-bedAED 2.58M · Jan 2024
4061-bedAED 2.75M · Jan 2024
4071-bedAED 2.42M · Dec 2023

405, Elara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 30 January 2024 for AED 3,673,000, or AED 2,334 per sqft.

Source: Dubai Land Department. Updated 30 January 2024.

Questions about 405, Elara 2

What did unit 405 last sell for?

AED 3,673,000 on 30 January 2024, sold by the developer: AED 2,334 per sqft for 1,574 sqft. It is the only registered sale of the unit.

How big is unit 405?

1,574 sqft (146.2 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 405 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 405, Elara 2

Starts from the last sale price (AED 3.67M, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,673,000
Deposit, UAE resident (20%)
AED 734,600
Deposit, non-resident (40%)
AED 1,469,200
Monthly over 25 years at 3.7%
AED 15,027

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