1-bed · 729 sqftElara 2, Umm Suqeim Third · 7th floor

707, 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 707 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 2.49M11 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Elara 2

What is 707 worth today?

Last sold for AED 2,487,000 in 2024

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11 Jan 2024Sold by developerOff-plan
AED 2,487,000AED 3,411 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
7th of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.49M · January 2024
Building
Elara 2

About 707, Elara 2

707 is a one-bedroom apartment of 729 sqft on the 7th floor of Elara 2, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 11 January 2024 for AED 2,487,000, or AED 3,411 per sqft, in line with the AED 3,335 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Elara 2
2.5M2.55M202320242025Typical sale price by year: 2023 AED 2,573,000; 2024 AED 2,573,500Sold by developer, January 2024: AED 2,487,000 (AED 3,411 per sqft)

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

1-beds in Elara 2, and where 707 sits

All 45 1-beds →

707 last sold in January 2024 at AED 3,411 per sqft, in line with what one-beds in Elara 2 were fetching at the time (AED 3,335).

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 7th floor

All 64 units in Elara 2
Value
7011-bedAED 2.58M · Mar 2025
7021-bedAED 2.62M · Dec 2023
7032-bedAED 3.78M · Jan 2024
7041-bedAED 2.66M · Jan 2024
7052-bedAED 3.78M · Jan 2024
7061-bedAED 2.83M · Dec 2023

707, Elara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 11 January 2024 for AED 2,487,000, or AED 3,411 per sqft.

Source: Dubai Land Department. Updated 11 January 2024.

Questions about 707, Elara 2

What did unit 707 last sell for?

AED 2,487,000 on 11 January 2024, sold by the developer: AED 3,411 per sqft for 729 sqft. It is the only registered sale of the unit.

How big is unit 707?

729 sqft (67.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 707 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 707, Elara 2

Starts from the last sale price (AED 2.49M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,487,000
Deposit, UAE resident (20%)
AED 497,400
Deposit, non-resident (40%)
AED 994,800
Monthly over 25 years at 3.7%
AED 10,175

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