Building · Um Suqaim Third · Sale prices

Elara 1 Apartments Prices 2026

The median sale price of an apartment in Elara 1 was AED 2,475,000 in the 12 months to 19 Oct 2026, based on 1 registered sales — 32.1% lower than the same 12 months a year earlier. The median price per square foot was AED 2,570 (+0.9% year on year). That is 100.2% above the Dubai-wide median of AED 1,236,000 for the same apartment mix.

Period: 12 months to 19 Oct 2026Compared with: same 12 months a year earlierSample: 1 salesUpdated: 20 Oct 2026
Median sale price
AED 2,475,000
−32.1% YoY
1 sales · the 12 months to 19 Oct 2026
Median price per sq ft
AED 2,570
+0.9% YoY
1 sales · the 12 months to 19 Oct 2026
Registered sales
1
−75.0% YoY
worth AED 2.48M · the 12 months to 19 Oct 2026

What are the key price figures for apartments in Elara 1?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 19 Oct 2026.
MetricValuePeriodBasis
Median sale priceAED 2,475,00012 months to 19 Oct 20261 sales; −32.1% vs the same 12 months a year earlier
Median price per sq ftAED 2,57012 months to 19 Oct 20261 sales; +0.9% vs the same 12 months a year earlier
Number of sales112 months to 19 Oct 2026−75.0% vs the same 12 months a year earlier
Total sales valueAED 2,475,00012 months to 19 Oct 2026−81.8% vs the same 12 months a year earlier
Lowest / highest saleAED 2.48M – AED 2.48M12 months to 19 Oct 2026single registered sales (not typical prices)
Unit size range730 – 4,530 sq ftall units on record82 units
Capital appreciation0.0%12 months to 19 Oct 2026change in property value over the period
Units on record82current1 sold in the 12 months to 19 Oct 2026 (1.2% of stock)
Developer (primary) median priceAED 3,496,000all time82 developer sales; AED 2,640 per sq ft
Launch date14/09/2023—project record
Completion / handover date25/11/2026—project record

How much does each bedroom size cost in Elara 1?

Medians over the 12 months to 19 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 19 Oct 2026. YoY = median price vs the same 12 months a year earlier.
UnitMedian priceYoYPer sq ftSalesGross yield
1-bedroom apartmentAED 2,475,000+4.3%AED 2,5701—

How have apartment prices in Elara 1 changed since 2023?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2023–2025
Elara 1 median price per sq ft and sales by year
SalesMedian price per sq ft (AED)
2023243,111
2024602,616
202532,570
Registered sales and median price per sq ft by year, Elara 1, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 19 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
20253−95.0%AED 8.75MAED 2,475,000AED 2,570−1.8%
202460+150.0%AED 213.57MAED 3,495,500AED 2,616−15.9%
202324—AED 84.77MAED 3,517,500AED 3,111—

Transactions by year: 2025 · 2024 · 2023 · all years

How does Elara 1 compare with Dubai?

Same property mix, same window (the 12 months to 19 Oct 2026).

MetricElara 1Dubai
Median sale priceAED 2,475,000AED 1,236,000
Median price per sq ftAED 2,570AED 1,730
Price per sq ft YoY+0.9%+1.7%
Sales1142,759
Gross rental yield—4.94%

What are the latest registered sales of apartments in Elara 1?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

No transactions on record for this selection.

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 19 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/elara-1/apartments
Elara 1 Apartments Prices 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-prices/elara-1/apartments

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Elara 1 for apartments?
The median sale price of an apartment in Elara 1 was AED 2,475,000 in the 12 months to 19 Oct 2026, from 1 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Elara 1 for apartments?
The median price per square foot of apartments in Elara 1 was AED 2,570 in the 12 months to 19 Oct 2026, +0.9% compared with the same 12 months a year earlier.
How many properties were sold in Elara 1 in the last 12 months?
1 sales of apartments worth AED 2,475,000 were registered in Elara 1 in the 12 months to 19 Oct 2026 (−75.0% year on year).
Are property prices in Elara 1 going up?
Over the 12 months to 19 Oct 2026 the median price per square foot of apartments in Elara 1 changed +0.9%. In calendar year 2025 it was AED 2,570 (−1.8% on 2024).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-prices/elara-1/apartments