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Elara 3

What people actually paid in Elara 3: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

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

Buying off-plan

Sam McCone

Sam McCone

Managing Partner

Buying in Elara 3? 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
95 — registered at the Dubai Land Department, the latest May 2026
Off-plan share
100% — 95 bought off-plan from the developer, 0 resales of a completed home

Recorded rents and gross yield for Elara 3 →

Living in Umm Suqeim — the area guide →

What a mortgage on a home in Elara 3 costs a month — and the cash you need on the day →

Median sale price
AED 3.56M
95 sales · the last three years
Mean AED 4.02M
Median per sq ft
AED 2,764
No earlier window to compare
Mean AED 2,830
Last recorded sale
May 2026
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.

2,446
2,751
3,285
2,875
2023202420252026

The low was 2023 at AED 2,446 a square foot, and it has recovered 18% since. It is still 12% below its 2025 peak.

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/R721 sqft2,600,0002,631,9583,33124
2 B/R1,520 sqft3,587,0003,673,6732,45355
3 B/R1,935 sqft6,907,5006,796,5713,57014

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 3

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

DateLayoutSizePricePer sq ft
11 May 20262 B/R1,2483,587,0002,875
22 Jan 20261 B/R7212,533,0003,512
9 Jan 20262 B/R1,7803,650,0002,051
25 Dec 20252 B/R1,4204,050,0002,853
10 Nov 20251 B/R7212,681,0003,718
28 Oct 20242 B/R1,5204,500,0002,961
30 Sept 20242 B/R1,4153,570,0002,523
18 Jul 20243 B/R1,9277,163,0003,718
18 Jul 20242 B/R1,2483,958,0003,172
18 Jul 20242 B/R1,7803,464,0001,946
12 Feb 20242 B/R1,5273,815,0002,498
7 Feb 20242 B/R1,5203,554,0002,339

How often it trades

Sales per year

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

6
84
2
3
2023202420252026

Of the 95 sales on record, 95 were bought off-plan from the developer and 0 were resales of a finished home. The 2026 bar is part-year.

Where the market is moving

The busiest buildings in Umm Suqeim

Elara 3 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
Riwa Building 3newest7920243,173
Riwa Building 27920243,055
Jomana 84620232,874
Jomana 64920232,827
Nourelle Building 38920262,814
Riwa Building 18820242,732
Jomana 34820232,698
Jomana 24920232,694
Nourelle Building 28120262,674

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.

Questions about Elara 3? Our team is a message away.

Sam McCone

Sam McCone

Buying off-plan