1-bed · 851 sqftElara 1, Umm Suqeim Third · 2nd floor

207, 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 207 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 2.53M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Elara 1

What is 207 worth today?

Last sold for AED 2,525,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 2,525,000AED 2,965 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
2nd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.53M · December 2023
Building
Elara 1

About 207, Elara 1

207 is a one-bedroom apartment of 851 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 2,525,000, or AED 2,965 per sqft, 11% below the AED 3,350 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical one-bed in Elara 1
2.52M2.52M2.53M202320242025Typical sale price by year: 2023 AED 2,514,000; 2024 AED 2,524,000Sold by developer, December 2023: AED 2,525,000 (AED 2,965 per sqft)

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

1-beds in Elara 1, and where 207 sits

All 35 1-beds →

207 last sold in December 2023 at AED 2,965 per sqft, 11% below what one-beds in Elara 1 were fetching at the time (AED 3,350). 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 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
2052-bedAED 3.5M · Dec 2023
2062-bedAED 3.57M · Jan 2024
2081-bedAED 2.39M · Jan 2024
1–7 of 8

207, Elara 1 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 2,525,000, or AED 2,965 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 19 December 2023.

Questions about 207, Elara 1

What did unit 207 last sell for?

AED 2,525,000 on 19 December 2023, sold by the developer: AED 2,965 per sqft for 851 sqft. It is the only registered sale of the unit.

How big is unit 207?

851 sqft (79.1 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 207 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 207, Elara 1

Starts from the last sale price (AED 2.53M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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