3-bed · 2,142 sqftElan, Tilal Al Ghaf · completed 2023

A042, Elan

Sold prices and rental history: sold twice, last in July 2022, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa A042 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 1.85M5 July 2022
Current rentAED 184K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A042, Elan

What is A042 worth today?

Last sold for AED 1,850,000 in 2022

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15 Jun 2024RentedNew contract
AED 183,750/yr12 months · AED 86 per sqft
5 Jul 2022SoldOff-plan
AED 1,850,000AED 863 per sqft
14 Sep 2020Sold by developerOff-plan
AED 1,334,000AED 622 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
3-bed villa
Size
2,142 sqft
Developer
Majid Al Futtaim Tilal Al Ghaf Phase A
Completed
2023
Last sold
AED 1.85M · July 2022
Community
Elan

About A042, Elan

A042 is a three-bedroom villa of 2,142 sqft in Elan, a villa community in Tilal Al Ghaf completed in 2023 by Majid Al Futtaim Tilal Al Ghaf Phase A. It last sold on 5 July 2022 for AED 1,850,000, or AED 863 per sqft, 11% above the AED 779 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 June 2024. The current contract, signed on 15 June 2024, is AED 183,750 a year: a gross yield of 9.9% on the 2022 price.

Sales and rents for A042 over time

Sales
Villa A042, each saleTypical three-bed in Elan
2M4M2020202220242026Typical sale price by year: 2020 AED 1,387,000; 2021 AED 1,448,000; 2022 AED 1,800,000; 2023 AED 2,600,000; 2024 AED 3,027,500; 2025 AED 3,650,000; 2026 AED 3,900,000Sold by developer, September 2020: AED 1,334,000 (AED 622 per sqft)Sold, July 2022: AED 1,850,000 (AED 863 per sqft)

A042 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa A042, each contractTypical three-bed in Elan
160K180K200K20232024202520262027Typical rent by year: 2023 AED 165,000; 2024 AED 180,300; 2025 AED 194,625; 2026 AED 195,000New contract, June 2024: AED 183,750 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Elan, and where A042 sits

All 609 3-beds →

A042 last sold in July 2022 at AED 863 per sqft, 11% above what three-beds in Elan were fetching at the time (AED 779). Over the last 12 months three-beds sold for AED 3,300,000 to 3,950,000, around AED 1,773 per sqft, and rent for AED 35,000 to 240,000 a year. A042's AED 183,750 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
11 Feb 20263,700,000
6 Feb 20263,900,000
26 Jan 20263,950,000
13 Jan 202699,360
11 3-bed sales in the last 12 months

Elan

Community

914 villas, 3-bed to 4-bed in Tilal Al Ghaf, completed in 2023 by Majid Al Futtaim Tilal Al Ghaf Phase A. 23 sold in the last 12 months.

Typical price per sqft
AED 1,856 Up 7.5%
Typical sale
AED 4.41M
Typical rent
AED 205K /yr
Typical yield
5.0%
Elan, Tilal Al Ghaf: prices, sales and rents →

A042, Elan in numbers

  • Sold twice: first on 14 September 2020 for AED 1,334,000, last on 5 July 2022 for AED 1,850,000 (AED 863 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 183,750 a year.
  • At AED 183,750 a year the gross yield on the 2022 price is 9.9%.
  • Three-beds in Elan sold for AED 3,300,000–3,950,000 in the 12 months to November 2026; the community's median across all types is AED 1,856 per sqft.

Source: Dubai Land Department. Updated 15 June 2024.

Questions about A042, Elan

What did villa A042 last sell for?

AED 1,850,000 on 5 July 2022: AED 863 per sqft for 2,142 sqft. The villa has 2 registered sales; the first was AED 1,334,000 in September 2020.

What is the rent for villa A042?

AED 183,750 a year on the contract signed on 15 June 2024.

How big is villa A042?

2,142 sqft (199.0 sqm): a three-bedroom villa in Elan, completed in 2023.

What is villa A042 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Elan sold for AED 3,300,000 to 3,950,000 in the last 12 months, around AED 1,773 per sqft.

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Mortgage on A042, Elan

Starts from the last sale price (AED 1.85M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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