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1-bed · 979 sqftElara 3, Umm Suqeim Third · 5th floor

502, Elara 3

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 502 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 3.04M31 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Elara 3

What is 502 worth today?

Last sold for AED 3,044,000 in 2024

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31 Jan 2024Sold by developerOff-plan
AED 3,044,000AED 3,109 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
1-bed apartment
Size
979 sqft
Floor
5th of 10
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.04M · January 2024
Building
Elara 3

About 502, Elara 3

502 is a one-bedroom apartment of 979 sqft on the 5th floor of Elara 3, a 10-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 31 January 2024 for AED 3,044,000, or AED 3,109 per sqft, 7% below the AED 3,347 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Elara 3, and where 502 sits

All 22 1-beds →

502 last sold in January 2024 at AED 3,109 per sqft, 7% below what one-beds in Elara 3 were fetching at the time (AED 3,347). Over the last 12 months one-beds sold for AED 2,533,000 to 2,681,000, around AED 3,615 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20262,533,000
10 Nov 20252,681,000
1 Feb 20242,346,000
1 Feb 20242,900,000
2 1-bed sales in the last 12 months

Elara 3

Building

88 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third by Jumeirah Hills Development . 7 sold in the last 12 months.

Typical price per sqft
AED 2,852
Typical sale
AED 3.59M
Typical rent
Few contracts
Typical yield
Elara 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 5th floor

All 88 units in Elara 3
Value
5012-bedAED 3.29M · Jan 2024
5031-bedAED 2.41M · Jan 2024
5042-bedAED 3.43M · Jan 2024
5052-bedAED 3.5M · Nov 2026
5062-bedAED 3.56M · Jan 2024
5071-bedAED 2.61M · Jan 2024
5082-bedAED 4.07M · Jan 2024
1–7 of 8

502, Elara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 31 January 2024 for AED 3,044,000, or AED 3,109 per sqft.
  • One-beds in Elara 3 sold for AED 2,533,000–2,681,000 in the 12 months to November 2026; the building's median across all types is AED 2,852 per sqft.

Source: Dubai Land Department. Updated 31 January 2024.

Questions about 502, Elara 3

What did unit 502 last sell for?

AED 3,044,000 on 31 January 2024, sold by the developer: AED 3,109 per sqft for 979 sqft. It is the only registered sale of the unit.

How big is unit 502?

979 sqft (91.0 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elara 3 sold for AED 2,533,000 to 2,681,000 in the last 12 months, around AED 3,615 per sqft.

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Mortgage on 502, Elara 3

Starts from the last sale price (AED 3.04M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,044,000
Deposit, UAE resident (20%)
AED 608,800
Deposit, non-resident (40%)
AED 1,217,600
Monthly over 25 years at 3.7%
AED 12,454

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