2-bed · 1,415 sqftElara 3, Umm Suqeim Third · 6th floor

601, 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 601 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 3.98M11 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Elara 3

What is 601 worth today?

Last sold for AED 3,984,000 in 2024

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11 Jan 2024Sold by developerOff-plan
AED 3,984,000AED 2,815 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
6th of 10
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.98M · January 2024
Building
Elara 3

About 601, Elara 3

601 is a two-bedroom apartment of 1,415 sqft on the 6th floor of Elara 3, a 10-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 11 January 2024 for AED 3,984,000, or AED 2,815 per sqft, 17% above the AED 2,412 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Elara 3
3.5M4M20232024202520262027Typical sale price by year: 2023 AED 3,430,000; 2024 AED 3,598,000; 2026 AED 3,618,500Sold by developer, January 2024: AED 3,984,000 (AED 2,815 per sqft)

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

2-beds in Elara 3, and where 601 sits

All 50 2-beds →

601 last sold in January 2024 at AED 2,815 per sqft, 17% above what two-beds in Elara 3 were fetching at the time (AED 2,412). 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
2 Nov 20263,500,000
26 Oct 20263,800,000
8 May 20263,587,000
8 Jan 20263,650,000
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 6th floor

All 88 units in Elara 3
Value
6022-bedAED 3.55M · Jan 2024
6033-bedAED 6.43M · Jan 2024
6042-bedAED 3.75M · Jan 2024
6052-bedAED 3.6M · Feb 2024
6061-bedAED 2.63M · Jan 2024
6072-bedAED 4.09M · Jan 2024
6083-bedAED 7M · Jan 2024

601, Elara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 11 January 2024 for AED 3,984,000, or AED 2,815 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 11 January 2024.

Questions about 601, Elara 3

What did unit 601 last sell for?

AED 3,984,000 on 11 January 2024, sold by the developer: AED 2,815 per sqft for 1,415 sqft. It is the only registered sale of the unit.

How big is unit 601?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower.

What is unit 601 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 601, Elara 3

Starts from the last sale price (AED 3.98M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,984,000
Deposit, UAE resident (20%)
AED 796,800
Deposit, non-resident (40%)
AED 1,593,600
Monthly over 25 years at 3.7%
AED 16,300

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