1-bed · 721 sqftElara 2, Umm Suqeim Third · 3rd floor

304, Elara 2

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 304 · DLD and Ejari recordsUpdated 6 December 2023
Last soldAED 2.53M6 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Elara 2

What is 304 worth today?

Last sold for AED 2,533,000 in 2023

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6 Dec 2023Sold by developerOff-plan
AED 2,533,000AED 3,512 per sqft

Source: Dubai Land Department. Updated 6 December 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
3rd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.53M · December 2023
Building
Elara 2

About 304, Elara 2

304 is a one-bedroom apartment of 721 sqft on the 3rd floor of Elara 2, a 9-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 6 December 2023 for AED 2,533,000, or AED 3,512 per sqft, 4% above the AED 3,379 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Elara 2
2.54M2.56M2.58M202320242025Typical sale price by year: 2023 AED 2,573,000; 2024 AED 2,573,500Sold by developer, December 2023: AED 2,533,000 (AED 3,512 per sqft)

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

1-beds in Elara 2, and where 304 sits

All 45 1-beds →

304 last sold in December 2023 at AED 3,512 per sqft, 4% above what one-beds in Elara 2 were fetching at the time (AED 3,379).

Recent 1-bed salesUnit no.Price (AED)Summary
17 Mar 20252,582,000
13 Mar 20242,565,000
7 Mar 20242,802,000
29 Feb 20242,631,000
0 1-bed sales in the last 12 months

Elara 2

Building

64 apartments, 1-bed to 2-bed over 9 floors in Umm Suqeim Third by Jumeirah Hills Development . No sale in the last 12 months.

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

Other units on the 3rd floor

All 64 units in Elara 2
Value
3011-bedAED 2.46M · Dec 2023
3021-bedAED 2.5M · Dec 2023
3032-bedAED 3.98M · Mar 2025
3052-bedAED 3.6M · Dec 2023
3061-bedAED 2.7M · Dec 2023
3071-bedAED 2.37M · Dec 2023

304, Elara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 6 December 2023 for AED 2,533,000, or AED 3,512 per sqft.

Source: Dubai Land Department. Updated 6 December 2023.

Questions about 304, Elara 2

What did unit 304 last sell for?

AED 2,533,000 on 6 December 2023, sold by the developer: AED 3,512 per sqft for 721 sqft. It is the only registered sale of the unit.

How big is unit 304?

721 sqft (67.0 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 304 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 304, Elara 2

Starts from the last sale price (AED 2.53M, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,533,000
Deposit, UAE resident (20%)
AED 506,600
Deposit, non-resident (40%)
AED 1,013,200
Monthly over 25 years at 3.7%
AED 10,363

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