Studio · 659 sqftEdmonton Elm, Jumeirah Village Triangle (JVT) · 4th floor · completed 2021

403, Edmonton Elm

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 19 October 2024
Last soldAED 530K29 November 2023
Current rentAED 60K /yr19 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Edmonton Elm

What is 403 worth today?

Last sold for AED 530,000 in 2023

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19 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
30 Nov 2023RentedNew contract
AED 50,551/yr9 months · AED 77 per sqft
29 Nov 2023SoldReady
AED 530,000AED 804 per sqft
5 Sep 2023RentedNew contract
AED 52,000/yr12 months · AED 79 per sqft
16 Nov 2022SoldReady
AED 365,000AED 554 per sqft
1 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 50 per sqft
27 Oct 2016SoldOff-plan
AED 683,520AED 1,037 per sqft
20 Jan 2016Sold by developerOff-plan
AED 460,800AED 699 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 October 2024.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
4th of 4
Parking
B1-17
Developer
Edmonton Admire Properties
Completed
2021
Service charge
AED 14,700 /yr
Last sold
AED 530K · November 2023
Building
Edmonton Elm

About 403, Edmonton Elm

403 is a studio of 659 sqft on the 4th floor of Edmonton Elm, a 4-storey tower in Jumeirah Village Triangle (JVT) completed in 2021 by Edmonton Admire Properties. It last sold on 29 November 2023 for AED 530,000, or AED 804 per sqft, 17% above the AED 687 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 19 October 2024, is AED 60,000 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 14,700 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical studio in Edmonton Elm
200K400K600K2015201820212024Typical sale price by year: 2015 AED 467,600; 2016 AED 460,800; 2017 AED 460,000; 2021 AED 250,000; 2022 AED 316,000; 2023 AED 355,000; 2024 AED 450,000; 2025 AED 605,000Sold by developer, January 2016: AED 460,800 (AED 699 per sqft)Sold, October 2016: AED 683,520 (AED 1,037 per sqft)Sold, November 2022: AED 365,000 (AED 554 per sqft)Sold, November 2023: AED 530,000 (AED 804 per sqft)

403 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 403, each contractTypical studio in Edmonton Elm
40K60K202120232025Typical rent by year: 2021 AED 27,000; 2022 AED 30,000; 2023 AED 40,000; 2024 AED 48,000; 2025 AED 46,000New contract, December 2021: AED 33,000 a yearNew contract, September 2023: AED 52,000 a yearNew contract, November 2023: AED 50,551 a yearNew contract, October 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Edmonton Elm, and where 403 sits

All 26 studios →

403 last sold in November 2023 at AED 804 per sqft, 17% above what studios in Edmonton Elm were fetching at the time (AED 687). Over the last 12 months studios sold for AED 559,257 to 1,200,000, around AED 1,127 per sqft, and rent for AED 48,000 to 65,000 a year. 403's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 20261,200,000
6 May 2025400,000
18 Mar 2025570,000
27 Feb 2025640,000
2 studio sales in the last 12 months

Edmonton Elm

Building

64 apartments, studios to 3-bed over 4 floors in Jumeirah Village Triangle (JVT), completed in 2021 by Edmonton Admire Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 1,127
Typical sale
AED 880K
Typical rent
AED 64K /yr
Typical yield
7.0%
Edmonton Elm, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 4th floor

All 64 units in Edmonton Elm
Value
4013-bedAED 1.15M · Feb 2024
4022-bedAED 886K · Jan 2016
404StudioAED 550K · Aug 2023
4052-bedAED 894K · Oct 2015

403, Edmonton Elm in numbers

  • Sold 4 times: first on 20 January 2016 for AED 460,800, last on 29 November 2023 for AED 530,000 (AED 804 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 33,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 11.3%, before a service charge of about AED 14,700 a year (AED 22.35 per sqft).
  • Studios in Edmonton Elm sold for AED 559,257–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,127 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 19 October 2024.

Questions about 403, Edmonton Elm

What did unit 403 last sell for?

AED 530,000 on 29 November 2023: AED 804 per sqft for 659 sqft. The unit has 4 registered sales; the first was AED 460,800 in January 2016.

What is the rent for unit 403?

AED 60,000 a year on the contract signed on 19 October 2024. The previous contract, from November 2023, was AED 50,551; the unit has been rented since December 2021.

How big is unit 403?

659 sqft (61.2 sqm): a studio on the 4th floor of a 4-storey tower completed in 2021.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Edmonton Elm sold for AED 559,257 to 1,200,000 in the last 12 months, around AED 1,127 per sqft.

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Mortgage on 403, Edmonton Elm

Starts from the last sale price (AED 530K, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →