2-bed · 1,574 sqftElara 2, Umm Suqeim Third · 3rd floor

305, 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 305 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 3.6M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Elara 2

What is 305 worth today?

Last sold for AED 3,604,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 3,604,000AED 2,290 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
2-bed apartment
Size
1,574 sqft
Floor
3rd of 9
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.6M · December 2023
Building
Elara 2

About 305, Elara 2

305 is a two-bedroom apartment of 1,574 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 19 December 2023 for AED 3,604,000, or AED 2,290 per sqft, in line with the AED 2,290 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Elara 2
3.6M3.65M3.7M202320242025Typical sale price by year: 2023 AED 3,604,000; 2024 AED 3,707,000Sold by developer, December 2023: AED 3,604,000 (AED 2,290 per sqft)

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

2-beds in Elara 2, and where 305 sits

All 19 2-beds →

305 last sold in December 2023 at AED 2,290 per sqft, in line with what two-beds in Elara 2 were fetching at the time (AED 2,290).

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20253,980,000
12 Feb 20243,707,000
7 Feb 20243,707,000
1 Feb 20243,540,000
0 2-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
3041-bedAED 2.53M · Dec 2023
3061-bedAED 2.7M · Dec 2023
3071-bedAED 2.37M · Dec 2023

305, Elara 2 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 3,604,000, or AED 2,290 per sqft.

Source: Dubai Land Department. Updated 19 December 2023.

Questions about 305, Elara 2

What did unit 305 last sell for?

AED 3,604,000 on 19 December 2023, sold by the developer: AED 2,290 per sqft for 1,574 sqft. It is the only registered sale of the unit.

How big is unit 305?

1,574 sqft (146.2 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 305 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 305, Elara 2

Starts from the last sale price (AED 3.6M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,604,000
Deposit, UAE resident (20%)
AED 720,800
Deposit, non-resident (40%)
AED 1,441,600
Monthly over 25 years at 3.7%
AED 14,745

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