2-bed · 1,780 sqftElara 2, Umm Suqeim Third · Ground floor

G03, 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.

Unit G03 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.54M1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Elara 2

What is G03 worth today?

Last sold for AED 3,540,000 in 2024

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1 Feb 2024Sold by developerOff-plan
AED 3,540,000AED 1,989 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,780 sqft
Floor
Ground of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.54M · February 2024
Building
Elara 2

About G03, Elara 2

G03 is a two-bedroom apartment of 1,780 sqft on the ground floor of Elara 2, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 1 February 2024 for AED 3,540,000, or AED 1,989 per sqft, 15% below 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 G03 over time

Sales
Unit G03, each saleTypical two-bed in Elara 2
3.6M3.7M202320242025Typical sale price by year: 2023 AED 3,604,000; 2024 AED 3,707,000Sold by developer, February 2024: AED 3,540,000 (AED 1,989 per sqft)

G03 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Elara 2, and where G03 sits

All 19 2-beds →

G03 last sold in February 2024 at AED 1,989 per sqft, 15% below 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
31 Jan 20243,845,000
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 ground floor

All 64 units in Elara 2
Value
G012-bedAED 3.53M · Dec 2023
G021-bedAED 2.59M · Dec 2023

G03, Elara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 1 February 2024 for AED 3,540,000, or AED 1,989 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about G03, Elara 2

What did unit G03 last sell for?

AED 3,540,000 on 1 February 2024, sold by the developer: AED 1,989 per sqft for 1,780 sqft. It is the only registered sale of the unit.

How big is unit G03?

1,780 sqft (165.4 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower.

What is unit G03 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 G03, Elara 2

Starts from the last sale price (AED 3.54M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,540,000
Deposit, UAE resident (20%)
AED 708,000
Deposit, non-resident (40%)
AED 1,416,000
Monthly over 25 years at 3.7%
AED 14,483

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