2-bed · 1,582 sqftElara 3, Umm Suqeim Third · 5th floor

505, Elara 3

Sold prices and rental history: sold twice, last in November 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 3.5M2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Elara 3

What is 505 worth today?

Last sold for AED 3,500,000 in 2026

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2 Nov 2026SoldOff-plan
AED 3,500,000AED 2,213 per sqft
11 Jan 2024Sold by developerOff-plan
AED 3,730,000AED 2,358 per sqft

Source: Dubai Land Department. Updated 2 November 2026.

Key facts

Type
2-bed apartment
Size
1,582 sqft
Floor
5th of 10
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.5M · November 2026
Building
Elara 3

About 505, Elara 3

505 is a two-bedroom apartment of 1,582 sqft on the 5th floor of Elara 3, a 10-storey tower in Umm Suqeim Third by Jumeirah Hills Development . It last sold on 2 November 2026 for AED 3,500,000, or AED 2,213 per sqft, 8% below the AED 2,414 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Elara 3
3.4M3.6M202320252027Typical sale price by year: 2023 AED 3,430,000; 2024 AED 3,598,000; 2026 AED 3,618,500Sold by developer, January 2024: AED 3,730,000 (AED 2,358 per sqft)Sold, November 2026: AED 3,500,000 (AED 2,213 per sqft)

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

2-beds in Elara 3, and where 505 sits

All 50 2-beds →

505 last sold in November 2026 at AED 2,213 per sqft, 8% below what two-beds in Elara 3 were fetching at the time (AED 2,414). Over the last 12 months two-beds sold for AED 3,500,000 to 4,050,000, around AED 2,414 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,800,000
8 May 20263,587,000
8 Jan 20263,650,000
24 Dec 20254,050,000
5 2-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
5021-bedAED 3.04M · Jan 2024
5031-bedAED 2.41M · Jan 2024
5042-bedAED 3.43M · Jan 2024
5062-bedAED 3.56M · Jan 2024
5071-bedAED 2.61M · Jan 2024
5082-bedAED 4.07M · Jan 2024
1–7 of 8

505, Elara 3 in numbers

  • Sold twice: first on 11 January 2024 for AED 3,730,000, last on 2 November 2026 for AED 3,500,000 (AED 2,213 per sqft).
  • Two-beds in Elara 3 sold for AED 3,500,000–4,050,000 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 2 November 2026.

Questions about 505, Elara 3

What did unit 505 last sell for?

AED 3,500,000 on 2 November 2026: AED 2,213 per sqft for 1,582 sqft. The unit has 2 registered sales; the first was AED 3,730,000 in January 2024.

How big is unit 505?

1,582 sqft (147.0 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elara 3 sold for AED 3,500,000 to 4,050,000 in the last 12 months, around AED 2,414 per sqft.

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Mortgage on 505, Elara 3

Starts from the last sale price (AED 3.5M, 2 November 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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