Elara 2
What people actually paid in Elara 2: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.
66 sales are on record at the Dubai Land Department, below.
Buying off-plan
Managing Partner
Buying in Elara 2? Our team can walk you through what these numbers mean for you.
- Community
- Umm Suqeim
- First on record
- 2023 — an off-plan sale
- Sales on record
- 66 — registered at the Dubai Land Department, the latest March 2025
- Off-plan share
- 100% — 66 bought off-plan from the developer, 0 resales of a completed home
Recorded rents and gross yield for Elara 2 →
Living in Umm Suqeim — the area guide →
What a mortgage on a home in Elara 2 costs a month — and the cash you need on the day →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 729 sqft | 2,577,500 | 2,573,804 | 3,351 | 46 |
| 2 B/R | 1,574 sqft | 3,690,000 | 3,686,150 | 2,345 | 20 |
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 2
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 17 Mar 2025 | 1 B/R | 729 | 2,582,000 | 3,544 |
| 17 Mar 2025 | 2 B/R | 1,574 | 3,980,000 | 2,529 |
| 14 Mar 2024 | 1 B/R | 725 | 2,565,000 | 3,538 |
| 8 Mar 2024 | 1 B/R | 852 | 2,802,000 | 3,291 |
| 29 Feb 2024 | 1 B/R | 721 | 2,631,000 | 3,648 |
| 21 Feb 2024 | 1 B/R | 852 | 2,550,000 | 2,995 |
| 12 Feb 2024 | 2 B/R | 1,574 | 3,707,000 | 2,356 |
| 7 Feb 2024 | 2 B/R | 1,574 | 3,707,000 | 2,356 |
| 7 Feb 2024 | 1 B/R | 729 | 2,325,000 | 3,189 |
| 2 Feb 2024 | 1 B/R | 721 | 2,484,000 | 3,444 |
| 1 Feb 2024 | 1 B/R | 717 | 2,739,000 | 3,819 |
| 1 Feb 2024 | 2 B/R | 1,779 | 3,540,000 | 1,989 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 66 sales on record, 66 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 2 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.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Al Jazi 1 | 6 | 2.4× |
| 2 | Lamaa Building 4 | 6 | New to resale |
| 3 | Jadeel 2 | 5 | 2.9× |
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.
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.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Nourelle Building 1 | 49 | 2025 | 4,102 |
| Riwa Building 3 | 79 | 2024 | 3,173 |
| Riwa Building 2 | 79 | 2024 | 3,055 |
| Jomana 8 | 46 | 2023 | 2,874 |
| Jomana 6 | 49 | 2023 | 2,827 |
| Nourelle Building 3newest | 89 | 2026 | 2,814 |
| Nourelle Building 2newest | 81 | 2026 | 2,674 |
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.
Buying in Elara 2? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.