4-bed · 2,380 sqftElan, Tilal Al Ghaf · completed 2023

B398, Elan

Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa B398 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 1.74M20 October 2020
Current rentAED 240K /yr23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B398, Elan

What is B398 worth today?

Last sold for AED 1,743,000 in 2020

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23 Aug 2024RentedRenewal
AED 240,000/yr7 months · AED 101 per sqft
20 Oct 2020Sold by developerOff-plan
AED 1,743,000AED 732 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
4-bed villa
Size
2,380 sqft
Developer
Majid Al Futtaim Tilal Al Ghaf Phase A
Completed
2023
Last sold
AED 1.74M · October 2020
Community
Elan

About B398, Elan

B398 is a four-bedroom villa of 2,380 sqft in Elan, a villa community in Tilal Al Ghaf completed in 2023 by Majid Al Futtaim Tilal Al Ghaf Phase A. The developer sold it on 20 October 2020 for AED 1,743,000, or AED 732 per sqft, in line with the AED 721 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 23 August 2024. The current contract, renewed on 23 August 2024, is AED 240,000 a year: a gross yield of 13.8% on the 2020 price.

Sales and rents for B398 over time

Sales
Villa B398, each saleTypical four-bed in Elan
2M4M2020202220242026Typical sale price by year: 2020 AED 1,719,000; 2021 AED 1,840,000; 2022 AED 2,262,500; 2023 AED 3,262,000; 2024 AED 3,710,000; 2025 AED 4,500,000; 2026 AED 4,486,500Sold by developer, October 2020: AED 1,743,000 (AED 732 per sqft)

B398 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa B398, each contractTypical four-bed in Elan
200K220K240K20232024202520262027Typical rent by year: 2023 AED 200,000; 2024 AED 240,000; 2025 AED 240,000; 2026 AED 222,750Renewal, August 2024: AED 240,000 a year

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

4-beds in Elan, and where B398 sits

All 305 4-beds →

B398 last sold in October 2020 at AED 732 per sqft, in line with what four-beds in Elan were fetching at the time (AED 721). Over the last 12 months four-beds sold for AED 4,375,000 to 4,950,000, around AED 1,911 per sqft, and rent for AED 200,000 to 270,000 a year. B398's AED 240,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
16 Feb 20264,500,000
10 Feb 20264,450,000
26 Jan 20264,500,000
20 Jan 20264,900,000
12 4-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 →

B398, Elan in numbers

  • Sold once: by Majid Al Futtaim Tilal Al Ghaf Phase A on 20 October 2020 for AED 1,743,000, or AED 732 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2020 price is 13.8%.
  • Four-beds in Elan sold for AED 4,375,000–4,950,000 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 23 August 2024.

Questions about B398, Elan

What did villa B398 last sell for?

AED 1,743,000 on 20 October 2020, sold by the developer: AED 732 per sqft for 2,380 sqft. It is the only registered sale of the villa.

What is the rent for villa B398?

AED 240,000 a year on the contract renewed on 23 August 2024.

How big is villa B398?

2,380 sqft (221.1 sqm): a four-bedroom villa in Elan, completed in 2023.

What is villa B398 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Elan sold for AED 4,375,000 to 4,950,000 in the last 12 months, around AED 1,911 per sqft.

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Mortgage on B398, Elan

Starts from the last sale price (AED 1.74M, 20 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,743,000
Deposit, UAE resident (20%)
AED 348,600
Deposit, non-resident (40%)
AED 697,200
Monthly over 25 years at 3.7%
AED 7,131

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