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

201, Elara 3

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 3.17M1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Elara 3

What is 201 worth today?

Last sold for AED 3,165,000 in 2024

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1 Feb 2024Sold by developerOff-plan
AED 3,165,000AED 2,236 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,415 sqft
Floor
2nd of 10
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 3.17M · February 2024
Building
Elara 3

About 201, Elara 3

201 is a two-bedroom apartment of 1,415 sqft on the 2nd floor of Elara 3, a 10-storey tower in Umm Suqeim Third by Jumeirah Hills Development . The developer sold it on 1 February 2024 for AED 3,165,000, or AED 2,236 per sqft, 8% below the AED 2,428 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Elara 3
3.2M3.4M3.6M202320242025Typical sale price by year: 2023 AED 3,430,000; 2024 AED 3,598,000Sold by developer, February 2024: AED 3,165,000 (AED 2,236 per sqft)

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

2-beds in Elara 3, and where 201 sits

All 50 2-beds →

201 last sold in February 2024 at AED 2,236 per sqft, 8% below what two-beds in Elara 3 were fetching at the time (AED 2,428). 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
30 Sep 20243,570,000
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 2nd floor

All 88 units in Elara 3
Value
2021-bedAED 2.93M · Jan 2024
2031-bedAED 2.32M · Dec 2023
2042-bedAED 3.31M · Dec 2023
2052-bedAED 3.57M · Jan 2024
2062-bedAED 3.43M · Dec 2023
2071-bedAED 2.51M · Dec 2023
2082-bedAED 3.55M · Feb 2024
1–7 of 8

201, Elara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 1 February 2024 for AED 3,165,000, or AED 2,236 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 1 February 2024.

Questions about 201, Elara 3

What did unit 201 last sell for?

AED 3,165,000 on 1 February 2024, sold by the developer: AED 2,236 per sqft for 1,415 sqft. It is the only registered sale of the unit.

How big is unit 201?

1,415 sqft (131.5 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower.

What is unit 201 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 201, Elara 3

Starts from the last sale price (AED 3.17M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,165,000
Deposit, UAE resident (20%)
AED 633,000
Deposit, non-resident (40%)
AED 1,266,000
Monthly over 25 years at 3.7%
AED 12,949

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