Dubai Best

ELARA

ACTIVE

By Jumeirah Hills Development L.L.C · Um Suqaim Third

Median price/sqft
AED 2,907
3-yr CAGR
n/a
Transactions
248
Gross yield
4.9%
Launch → now (est.)
n/a

est. — modelled from compounded CAGR, pending launch-price data.

ACTIVE
Project imagery — coming soon

The project consists of 3 Residential buildings comprising of 236 units (Total Residential units 234 + 2 Retail units) as follows: Elara 1 - Building A: B+G+9+R (82 Residential units) Elara 2 - Building B: B+G+9+R (64 Residential units + 2 retail units) Elara 3 - Building C: B+G+10+R (88 units)

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR
+11.4%
3-yr CAGR
n/a
5-yr CAGR
Provisional — pending DLD licence
Median price
AED 3,462,000
Price/sqft (last 12 months)
AED 2,863
Secondary-market share
0%
Resale-only (est.)
n/a

est.

Like-for-like 1BR (est.)
n/a

est.

Rental yield

Studio
n/a
1BR
5.4%
2BR
5.4%
3BR
3.9%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages. Table = Um Suqaim Third trailing 3-year window.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit
Studio · 480 sqft
Price
AED 1,339,680
AED per sqft
AED 2,791

28 May 2026

Unit
1BR · 760 sqft
Price
AED 2,209,320
AED per sqft
AED 2,907

17 Apr 2026

Unit
1BR · 820 sqft
Price
AED 2,478,860
AED per sqft
AED 3,023

05 Mar 2026

Unit
2BR · 1,180 sqft
Price
AED 3,361,820
AED per sqft
AED 2,849

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer
Jumeirah Hills Development L.L.C
Area
Um Suqaim Third
Status
ACTIVE
Units
236
Buildings
3
Completion date
n/a
Completed
8%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

  • 1BR · 745 sqft

    AED 2,208,925

    Verified 02 Aug 2026

  • 2BR · 1,145 sqft

    AED 3,295,310

    Verified 24 Jul 2026

Illustrative — live listings coming soon.

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Related intelligence

Jumeirah Hills Development L.L.C profile→Um Suqaim Third area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated