2-bed · 1,415 sqftElara 3, Umm Suqeim Third · 1st floor

101, Elara 3

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

Unit 101 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 3.57M30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Elara 3

What is 101 worth today?

Last sold for AED 3,570,000 in 2024

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30 Sep 2024SoldOff-plan
AED 3,570,000AED 2,522 per sqft
16 Jan 2024Sold by developerOff-plan
AED 3,134,000AED 2,214 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
1st of 10
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.57M · September 2024
Building
Elara 3

About 101, Elara 3

101 is a two-bedroom apartment of 1,415 sqft on the 1st floor of Elara 3, a 10-storey tower in Umm Suqeim Third by Jumeirah Hills Development . It last sold on 30 September 2024 for AED 3,570,000, or AED 2,522 per sqft, 3% above the AED 2,439 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in Elara 3
3.25M3.5M202320242025Typical sale price by year: 2023 AED 3,430,000; 2024 AED 3,598,000Sold by developer, January 2024: AED 3,134,000 (AED 2,214 per sqft)Sold, September 2024: AED 3,570,000 (AED 2,522 per sqft)

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

2-beds in Elara 3, and where 101 sits

All 50 2-beds →

101 last sold in September 2024 at AED 2,522 per sqft, 3% above what two-beds in Elara 3 were fetching at the time (AED 2,439). Over the last 12 months two-beds sold for AED 3,650,000 to 4,050,000, around AED 2,451 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jan 20263,650,000
24 Dec 20254,050,000
28 Oct 20244,500,000
17 Jul 20243,958,000
2 2-bed sales in the last 12 months

Elara 3

Building

88 apartments, 1-bed to 4-bed over 10 floors in Umm Suqeim Third by Jumeirah Hills Development . 3 sold in the last 12 months.

Typical price per sqft
AED 2,852
Typical sale
AED 3.65M
Typical rent
Few contracts
Typical yield
Elara 3, Umm Suqeim Third: prices, sales and rents →

Other units on the 1st floor

All 88 units in Elara 3
Value
1021-bedAED 2.9M · Feb 2024
1031-bedAED 2.3M · Jan 2024
1042-bedAED 3.28M · Jan 2024
1052-bedAED 3.56M · Jan 2024
1062-bedAED 3.4M · Jan 2024
1071-bedAED 2.48M · Jan 2024
1082-bedAED 3.52M · Dec 2023
1–7 of 8

101, Elara 3 in numbers

  • Sold twice: first on 16 January 2024 for AED 3,134,000, last on 30 September 2024 for AED 3,570,000 (AED 2,522 per sqft).
  • Two-beds in Elara 3 sold for AED 3,650,000–4,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,852 per sqft.

Source: Dubai Land Department. Updated 30 September 2024.

Questions about 101, Elara 3

What did unit 101 last sell for?

AED 3,570,000 on 30 September 2024: AED 2,522 per sqft for 1,415 sqft. The unit has 2 registered sales; the first was AED 3,134,000 in January 2024.

How big is unit 101?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elara 3 sold for AED 3,650,000 to 4,050,000 in the last 12 months, around AED 2,451 per sqft.

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Mortgage on 101, Elara 3

Starts from the last sale price (AED 3.57M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,570,000
Deposit, UAE resident (20%)
AED 714,000
Deposit, non-resident (40%)
AED 1,428,000
Monthly over 25 years at 3.7%
AED 14,606

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