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

B422, Elan

Sold prices and rental history: sold twice, last in June 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa B422 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.55M22 June 2023
Current rentAED 225K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B422, Elan

What is B422 worth today?

Last sold for AED 2,550,000 in 2023

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20 Oct 2024RentedNew contract
AED 225,000/yr12 months · AED 105 per sqft
22 Jun 2023SoldOff-plan
AED 2,550,000AED 1,190 per sqft
26 Jan 2021Sold by developerOff-plan
AED 1,411,000AED 658 per sqft

Source: Dubai Land Department. Updated 20 October 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 2.55M · June 2023
Community
Elan

About B422, Elan

B422 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 22 June 2023 for AED 2,550,000, or AED 1,190 per sqft, 20% above the AED 994 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 20 October 2024. The current contract, signed on 20 October 2024, is AED 225,000 a year: a gross yield of 8.8% on the 2023 price.

Sales and rents for B422 over time

Sales
Villa B422, 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, January 2021: AED 1,411,000 (AED 658 per sqft)Sold, June 2023: AED 2,550,000 (AED 1,190 per sqft)

B422 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa B422, each contractTypical three-bed in Elan
200K20232024202520262027Typical rent by year: 2023 AED 165,000; 2024 AED 180,300; 2025 AED 194,625; 2026 AED 195,000New contract, October 2024: AED 225,000 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 B422 sits

All 609 3-beds →

B422 last sold in June 2023 at AED 1,190 per sqft, 20% above what three-beds in Elan were fetching at the time (AED 994). 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. B422's AED 225,000 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 →

B422, Elan in numbers

  • Sold twice: first on 26 January 2021 for AED 1,411,000, last on 22 June 2023 for AED 2,550,000 (AED 1,190 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2023 price is 8.8%.
  • 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 20 October 2024.

Questions about B422, Elan

What did villa B422 last sell for?

AED 2,550,000 on 22 June 2023: AED 1,190 per sqft for 2,142 sqft. The villa has 2 registered sales; the first was AED 1,411,000 in January 2021.

What is the rent for villa B422?

AED 225,000 a year on the contract signed on 20 October 2024.

How big is villa B422?

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

What is villa B422 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 B422, Elan

Starts from the last sale price (AED 2.55M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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