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Elara 1

What people actually paid in Elara 1: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

87 sales are on record at the Dubai Land Department, below.

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in Elara 1? Our team can walk you through what these numbers mean for you.

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Community
Umm Suqeim
First on record
2023 — an off-plan sale
Sales on record
87 — registered at the Dubai Land Department, the latest November 2025
Off-plan share
100% — 87 bought off-plan from the developer, 0 resales of a completed home

Recorded rents and gross yield for Elara 1 →

Living in Umm Suqeim — the area guide →

What a mortgage on a home in Elara 1 costs a month — and the cash you need on the day →

Median sale price
AED 3.50M
87 sales · the last three years
Mean AED 3.53M
Median per sq ft
AED 2,641
No earlier window to compare
Mean AED 2,856
Last recorded sale
November 2025
Registered at the DLD
Activity, 90 days
No sales
below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

3,110
2,616
2,571
202320242025

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
1 B/R729 sqft2,507,5002,512,7373,31838
2 B/R1,574 sqft3,604,0003,619,4622,40039
3 B/R1,927 sqft6,843,0006,610,6673,5529

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Elara 1

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
21 Nov 20251 B/R9632,475,0002,571
5 May 20252 B/R1,5743,900,0002,478
21 Jan 20251 B/R7292,372,0003,256
4 Dec 20242 B/R1,4153,700,0002,615
30 Oct 20242 B/R1,5833,590,0002,268
18 Jul 20243 B/R2,3485,674,0002,417
18 Jul 20241 B/R8522,648,0003,108
18 Jul 20242 B/R1,5833,462,0002,187
19 Mar 20242 B/R1,7883,465,0001,937
5 Mar 20243 B/R1,9275,600,0002,906
21 Feb 20242 B/R1,4153,634,0002,568
21 Feb 20242 B/R1,4153,531,0002,495

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

24
60
3
202320242025

Of the 87 sales on record, 87 were bought off-plan from the developer and 0 were resales of a finished home. The 2025 bar is part-year.

Where the market is moving

The busiest buildings in Umm Suqeim

Elara 1 sold 0 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Umm Suqeim.

RankBuildingSales, 90 daysAgainst its usual pace
1Al Jazi 162.4×
2Lamaa Building 46New to resale
3Jadeel 252.9×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Umm Suqeim, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Umm Suqeim

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Nourelle Building 1newest4920254,102
Nourelle Building 3newest8920262,814
Jomana 34820232,698
Jomana 24920232,694
Nourelle Building 28120262,674
Jomana 54820232,666
Jomana 15120232,631
Jomana 75120232,631
Lamtara 19720222,620
Jomana 44720232,490

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Questions about Elara 1? Our team is a message away.

Sam McCone

Sam McCone

Buying off-plan