2-bed · 1,415 sqftElara 1, Umm Suqeim Third · 2nd floor

204, Elara 1

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 3.7M4 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Elara 1

What is 204 worth today?

Last sold for AED 3,700,000 in 2024

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4 Dec 2024SoldOff-plan
AED 3,700,000AED 2,614 per sqft
20 Jan 2024Sold by developerOff-plan
AED 3,496,000AED 2,470 per sqft

Source: Dubai Land Department. Updated 4 December 2024.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
2nd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.7M · December 2024
Building
Elara 1

About 204, Elara 1

204 is a two-bedroom apartment of 1,415 sqft on the 2nd floor of Elara 1, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development. It last sold on 4 December 2024 for AED 3,700,000, or AED 2,614 per sqft, 9% above the AED 2,388 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Elara 1
3.5M3.6M3.7M202320242025Typical sale price by year: 2023 AED 3,683,000; 2024 AED 3,593,500Sold by developer, January 2024: AED 3,496,000 (AED 2,470 per sqft)Sold, December 2024: AED 3,700,000 (AED 2,614 per sqft)

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

2-beds in Elara 1, and where 204 sits

All 36 2-beds →

204 last sold in December 2024 at AED 2,614 per sqft, 9% above what two-beds in Elara 1 were fetching at the time (AED 2,388).

Recent 2-bed salesUnit no.Price (AED)Summary
5 May 20253,900,000
30 Oct 20243,590,000
17 Jul 20243,462,000
19 Mar 20243,465,000
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 2nd floor

All 82 units in Elara 1
Value
2011-bedAED 2.46M · Jan 2024
2022-bedAED 3.59M · Oct 2024
2033-bedAED 6.65M · Jan 2024
2052-bedAED 3.5M · Dec 2023
2062-bedAED 3.57M · Jan 2024
2071-bedAED 2.53M · Dec 2023
2081-bedAED 2.39M · Jan 2024
1–7 of 8

204, Elara 1 in numbers

  • Sold twice: first on 20 January 2024 for AED 3,496,000, last on 4 December 2024 for AED 3,700,000 (AED 2,614 per sqft).

Source: Dubai Land Department. Updated 4 December 2024.

Questions about 204, Elara 1

What did unit 204 last sell for?

AED 3,700,000 on 4 December 2024: AED 2,614 per sqft for 1,415 sqft. The unit has 2 registered sales; the first was AED 3,496,000 in January 2024.

How big is unit 204?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 204 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 204, Elara 1

Starts from the last sale price (AED 3.7M, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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