1-bed · 852 sqftElara 1, Umm Suqeim Third · 1st floor

107, Elara 1

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

Unit 107 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 2.5M20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Elara 1

What is 107 worth today?

Last sold for AED 2,502,000 in 2024

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20 Jan 2024Sold by developerOff-plan
AED 2,502,000AED 2,936 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
1st of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.5M · January 2024
Building
Elara 1

About 107, Elara 1

107 is a one-bedroom apartment of 852 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 20 January 2024 for AED 2,502,000, or AED 2,936 per sqft, 12% below the AED 3,318 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in Elara 1
2.5M2.51M2.52M202320242025Typical sale price by year: 2023 AED 2,514,000; 2024 AED 2,524,000Sold by developer, January 2024: AED 2,502,000 (AED 2,936 per sqft)

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

1-beds in Elara 1, and where 107 sits

All 35 1-beds →

107 last sold in January 2024 at AED 2,936 per sqft, 12% below what one-beds in Elara 1 were fetching at the time (AED 3,318). Over the last 12 months one-beds sold for AED 2,475,000, around AED 2,570 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20252,372,000
17 Jul 20242,648,000
12 Feb 20242,513,000
7 Feb 20242,489,000
1 1-bed sale 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
1062-bedAED 3.54M · Feb 2024
1081-bedAED 2.37M · Jan 2025
1–7 of 8

107, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 20 January 2024 for AED 2,502,000, or AED 2,936 per sqft.
  • One-beds in Elara 1 sold for AED 2,475,000–2,475,000 in the 12 months to November 2026; the building's median across all types is AED 2,570 per sqft.

Source: Dubai Land Department. Updated 20 January 2024.

Questions about 107, Elara 1

What did unit 107 last sell for?

AED 2,502,000 on 20 January 2024, sold by the developer: AED 2,936 per sqft for 852 sqft. It is the only registered sale of the unit.

How big is unit 107?

852 sqft (79.2 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elara 1 sold for AED 2,475,000 to 2,475,000 in the last 12 months, around AED 2,570 per sqft.

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Mortgage on 107, Elara 1

Starts from the last sale price (AED 2.5M, 20 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,502,000
Deposit, UAE resident (20%)
AED 500,400
Deposit, non-resident (40%)
AED 1,000,800
Monthly over 25 years at 3.7%
AED 10,236

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