701, 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.
Property timeline for 701, Elara 3
What is 701 worth today?
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Source: Dubai Land Department. Updated 5 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,415 sqft
- Floor
- 7th of 10
- Parking
- 1
- Developer
- Jumeirah Hills Development
- Last sold
- AED 4.02M · January 2024
- Building
- Elara 3
About 701, Elara 3
701 is a two-bedroom apartment of 1,415 sqft on the 7th floor of Elara 3, a 10-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 5 January 2024 for AED 4,022,000, or AED 2,842 per sqft, 18% above the AED 2,416 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Elara 3, and where 701 sits
All 50 2-beds →701 last sold in January 2024 at AED 2,842 per sqft, 18% above what two-beds in Elara 3 were fetching at the time (AED 2,416). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 1,582 sqft | 3,500,000 | 2,213 | ||
| 26 Oct 202626 October 2026 | 1,574 sqft | 3,800,000 | 2,414 | ||
| 8 May 20268 May 2026 | 1,248 sqft | 3,587,000 | 2,875 | ||
| 8 Jan 20268 January 2026 | 1,780 sqft | 3,650,000 | 2,050 |
Elara 3
Building88 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
Other units on the 7th floor
All 88 units in Elara 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,248 sqft | AED 3.59MAED 3,587,000 · May 2026May 2026 | ||
| 703 | 3-bed | 1,927 sqft | AED 6.49MAED 6,494,000 · Jan 2024January 2024 | ||
| 704 | 2-bed | 1,582 sqft | AED 3.8MAED 3,799,000 · Jan 2024January 2024 | ||
| 705 | 2-bed | 1,420 sqft | AED 3.63MAED 3,631,000 · Jan 2024January 2024 | ||
| 706 | 1-bed | 721 sqft | AED 2.65MAED 2,654,000 · Jan 2024January 2024 | ||
| 707 | 2-bed | 1,574 sqft | AED 4.14MAED 4,144,000 · Jan 2024January 2024 | ||
| 708 | 3-bed | 1,935 sqft | AED 7.07MAED 7,068,000 · Jan 2024January 2024 |
701, Elara 3 in numbers
- Sold once: by Jumeirah Hills Development on 5 January 2024 for AED 4,022,000, or AED 2,842 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 5 January 2024.
Questions about 701, Elara 3
What did unit 701 last sell for?
AED 4,022,000 on 5 January 2024, sold by the developer: AED 2,842 per sqft for 1,415 sqft. It is the only registered sale of the unit.
How big is unit 701?
1,415 sqft (131.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower.
What is unit 701 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 701, Elara 3
Starts from the last sale price (AED 4.02M, 5 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,022,000
- Deposit, UAE resident (20%)
- AED 804,400
- Deposit, non-resident (40%)
- AED 1,608,800
- Monthly over 25 years at 3.7%
- AED 16,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →