503, Elara 2
Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Elara 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 7 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,574 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Last sold
- AED 3.71M · February 2024
- Building
- Elara 2
About 503, Elara 2
503 is a two-bedroom apartment of 1,574 sqft on the 5th floor of Elara 2, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 7 February 2024 for AED 3,707,000, or AED 2,355 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 503 over time
503 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Elara 2, and where 503 sits
All 19 2-beds →503 last sold in February 2024 at AED 2,355 per sqft, in line with what two-beds in Elara 2 were fetching at the time (AED 2,334).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 1,574 sqft | 3,980,000 | 2,529 | ||
| 12 Feb 202412 February 2024 | 1,574 sqft | 3,707,000 | 2,355 | ||
| 1 Feb 20241 February 2024 | 1,780 sqft | 3,540,000 | 1,989 | ||
| 31 Jan 202431 January 2024 | 1,574 sqft | 3,845,000 | 2,443 |
Elara 2
Building64 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
Other units on the 5th floor
All 64 units in Elara 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 729 sqft | AED 2.54MAED 2,535,000 · Jan 2024January 2024 | ||
| 502 | 1-bed | 852 sqft | AED 2.57MAED 2,573,000 · Dec 2023December 2023 | ||
| 504 | 1-bed | 721 sqft | AED 2.61MAED 2,606,000 · Jan 2024January 2024 | ||
| 505 | 2-bed | 1,574 sqft | AED 3.71MAED 3,707,000 · Feb 2024February 2024 | ||
| 506 | 1-bed | 852 sqft | AED 2.78MAED 2,776,000 · Jan 2024January 2024 | ||
| 507 | 1-bed | 729 sqft | AED 2.44MAED 2,442,000 · Jan 2024January 2024 |
503, Elara 2 in numbers
- Sold once: by Jumeirah Hills Development on 7 February 2024 for AED 3,707,000, or AED 2,355 per sqft.
Source: Dubai Land Department. Updated 7 February 2024.
Questions about 503, Elara 2
What did unit 503 last sell for?
AED 3,707,000 on 7 February 2024, sold by the developer: AED 2,355 per sqft for 1,574 sqft. It is the only registered sale of the unit.
How big is unit 503?
1,574 sqft (146.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 503 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 503, Elara 2
Starts from the last sale price (AED 3.71M, 7 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,707,000
- Deposit, UAE resident (20%)
- AED 741,400
- Deposit, non-resident (40%)
- AED 1,482,800
- Monthly over 25 years at 3.7%
- AED 15,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →