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

203, Elara 3

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 203 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 2.32M19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Elara 3

What is 203 worth today?

Last sold for AED 2,322,000 in 2023

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19 Dec 2023Sold by developerOff-plan
AED 2,322,000AED 3,219 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
2nd of 10
Parking
1
Developer
Jumeirah Hills Development
Last sold
AED 2.32M · December 2023
Building
Elara 3

About 203, Elara 3

203 is a one-bedroom apartment of 721 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 19 December 2023 for AED 2,322,000, or AED 3,219 per sqft.

No rental contract for the unit is registered on Ejari.

1-beds in Elara 3, and where 203 sits

All 20 1-beds →

Over the last 12 months one-beds sold for AED 2,533,000, around AED 3,512 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20262,533,000
1 Feb 20242,900,000
1 Feb 20242,346,000
1 Feb 20242,594,000
1 1-bed sale 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
2012-bedAED 3.17M · Feb 2024
2021-bedAED 2.93M · Jan 2024
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

203, Elara 3 in numbers

  • Sold once: by Jumeirah Hills Development on 19 December 2023 for AED 2,322,000, or AED 3,219 per sqft.
  • One-beds in Elara 3 sold for AED 2,533,000–2,533,000 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 19 December 2023.

Questions about 203, Elara 3

What did unit 203 last sell for?

AED 2,322,000 on 19 December 2023, sold by the developer: AED 3,219 per sqft for 721 sqft. It is the only registered sale of the unit.

How big is unit 203?

721 sqft (67.0 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elara 3 sold for AED 2,533,000 to 2,533,000 in the last 12 months, around AED 3,512 per sqft.

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Mortgage on 203, Elara 3

Starts from the last sale price (AED 2.32M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,322,000
Deposit, UAE resident (20%)
AED 464,400
Deposit, non-resident (40%)
AED 928,800
Monthly over 25 years at 3.7%
AED 9,500

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