2-bed · 1,574 sqftElara 1, Umm Suqeim Third · 1st floor

106, Elara 1

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.54M1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Elara 1

What is 106 worth today?

Last sold for AED 3,535,000 in 2024

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1 Feb 2024Sold by developerOff-plan
AED 3,535,000AED 2,246 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,574 sqft
Floor
1st of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.54M · February 2024
Building
Elara 1

About 106, Elara 1

106 is a two-bedroom apartment of 1,574 sqft on the 1st floor of Elara 1, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 1 February 2024 for AED 3,535,000, or AED 2,246 per sqft, 6% below the AED 2,399 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Elara 1
3.6M3.7M202320242025Typical sale price by year: 2023 AED 3,683,000; 2024 AED 3,593,500Sold by developer, February 2024: AED 3,535,000 (AED 2,246 per sqft)

106 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Elara 1, and where 106 sits

All 36 2-beds →

106 last sold in February 2024 at AED 2,246 per sqft, 6% below what two-beds in Elara 1 were fetching at the time (AED 2,399).

Recent 2-bed salesUnit no.Price (AED)Summary
5 May 20253,900,000
4 Dec 20243,700,000
30 Oct 20243,590,000
17 Jul 20243,462,000
0 2-bed sales in the last 12 months

Elara 1

Building

82 apartments, 1-bed to 4-bed over 9 floors in Umm Suqeim Third by Jumeirah Hills Development . 1 sold in the last 12 months.

Typical price per sqft
AED 2,570
Typical sale
AED 2.48M
Typical rent
Few contracts
Typical yield
Elara 1, Umm Suqeim Third: prices, sales and rents →

Other units on the 1st floor

All 82 units in Elara 1
Value
1011-bedAED 2.44M · Dec 2023
1022-bedAED 3.46M · Jul 2024
1033-bedAED 5.6M · Mar 2024
1042-bedAED 3.46M · Jan 2024
1052-bedAED 3.46M · Jan 2024
1071-bedAED 2.5M · Jan 2024
1081-bedAED 2.37M · Jan 2025
1–7 of 8

106, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 1 February 2024 for AED 3,535,000, or AED 2,246 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 106, Elara 1

What did unit 106 last sell for?

AED 3,535,000 on 1 February 2024, sold by the developer: AED 2,246 per sqft for 1,574 sqft. It is the only registered sale of the unit.

How big is unit 106?

1,574 sqft (146.2 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 106, Elara 1

Starts from the last sale price (AED 3.54M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,535,000
Deposit, UAE resident (20%)
AED 707,000
Deposit, non-resident (40%)
AED 1,414,000
Monthly over 25 years at 3.7%
AED 14,463

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