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

B502, Elan

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

Villa B502 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 3.15M23 August 2024
Current rentAED 171K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B502, Elan

What is B502 worth today?

Last sold for AED 3,150,000 in 2024

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1 Nov 2024RentedRenewal
AED 170,622/yr7 months · AED 80 per sqft
23 Aug 2024SoldReady
AED 3,150,000AED 1,470 per sqft
27 Oct 2020Sold by developerOff-plan
AED 1,446,000AED 675 per sqft

Source: Dubai Land Department. Updated 1 November 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 3.15M · August 2024
Community
Elan

About B502, Elan

B502 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 23 August 2024 for AED 3,150,000, or AED 1,470 per sqft, 12% above the AED 1,307 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, renewed on 1 November 2024, is AED 170,622 a year: a gross yield of 5.4% on the 2024 price.

Sales and rents for B502 over time

Sales
Villa B502, 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, October 2020: AED 1,446,000 (AED 675 per sqft)Sold, August 2024: AED 3,150,000 (AED 1,470 per sqft)

B502 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa B502, each contractTypical three-bed in Elan
160K180K200K20232024202520262027Typical rent by year: 2023 AED 165,000; 2024 AED 180,300; 2025 AED 194,625; 2026 AED 195,000Renewal, November 2024: AED 170,622 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 B502 sits

All 609 3-beds →

B502 last sold in August 2024 at AED 1,470 per sqft, 12% above what three-beds in Elan were fetching at the time (AED 1,307). 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. B502's AED 170,622 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 →

B502, Elan in numbers

  • Sold twice: first on 27 October 2020 for AED 1,446,000, last on 23 August 2024 for AED 3,150,000 (AED 1,470 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 170,622 a year.
  • At AED 170,622 a year the gross yield on the 2024 price is 5.4%.
  • 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 1 November 2024.

Questions about B502, Elan

What did villa B502 last sell for?

AED 3,150,000 on 23 August 2024: AED 1,470 per sqft for 2,142 sqft. The villa has 2 registered sales; the first was AED 1,446,000 in October 2020.

What is the rent for villa B502?

AED 170,622 a year on the contract renewed on 1 November 2024.

How big is villa B502?

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

What is villa B502 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 B502, Elan

Starts from the last sale price (AED 3.15M, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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