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

205, Elara 1

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 3.5M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Elara 1

What is 205 worth today?

Last sold for AED 3,496,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 3,496,000AED 2,470 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
2nd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.5M · December 2023
Building
Elara 1

About 205, Elara 1

205 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 . The developer sold it on 19 December 2023 for AED 3,496,000, or AED 2,470 per sqft, in line with the AED 2,435 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, 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, December 2023: AED 3,496,000 (AED 2,470 per sqft)

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

2-beds in Elara 1, and where 205 sits

All 36 2-beds →

205 last sold in December 2023 at AED 2,470 per sqft, in line with what two-beds in Elara 1 were fetching at the time (AED 2,435).

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 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
2042-bedAED 3.7M · Dec 2024
2062-bedAED 3.57M · Jan 2024
2071-bedAED 2.53M · Dec 2023
2081-bedAED 2.39M · Jan 2024
1–7 of 8

205, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 3,496,000, or AED 2,470 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about 205, Elara 1

What did unit 205 last sell for?

AED 3,496,000 on 19 December 2023, sold by the developer: AED 2,470 per sqft for 1,415 sqft. It is the only registered sale of the unit.

How big is unit 205?

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

What is unit 205 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 205, Elara 1

Starts from the last sale price (AED 3.5M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,496,000
Deposit, UAE resident (20%)
AED 699,200
Deposit, non-resident (40%)
AED 1,398,400
Monthly over 25 years at 3.7%
AED 14,303

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