Unit 1208, Elegance by Chaimaa: what it sold for and what it is worth now

Unit 1208 at Elegance by Chaimaa is a 2 bed of 1,238 sq ft. It last sold for AED 1,525,000 on 5 Jan 2026. At AED 1,209 per sq ft, from 3 sales in the building in the last 12 months (2 bed), it is worth about AED 1,497,000 today.

Value todayAED 1,497,000AED 1,441,000 to AED 1,575,000
Last saleAED 1,525,0005 Jan 2026 · Off-plan
Change since last sale-1.8%Building trend alone: AED 1,403,685
Rent (median asking, 2 bed)AED 130,000Gross yield 8.7%
Bedrooms2 bed
Size1,238 sq ft
Floor12 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingElegance by Chaimaa by Chaimaa Holding, handed over 2025
Registered sales of this unit2

Every registered sale of unit 1208

DatePriceSizeAED/sq ftType
5 Jan 2026AED 1,525,0001,238 sq ft1,232Off-plan
8 Aug 2023AED 1,373,5311,238 sq ft1,109Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140822 Jan 2026AED 1,310,5901,238 sq ft1,059Off-plan
130821 Oct 2024AED 1,580,0001,238 sq ft1,276Off-plan
90817 Sep 2024AED 1,516,4501,238 sq ft1,225Off-plan
60817 Sep 2024AED 1,480,0001,238 sq ft1,195Off-plan
30824 Jul 2024AED 1,528,1501,238 sq ft1,234Off-plan
50820 Jun 2024AED 1,470,0001,238 sq ft1,187Off-plan
11089 May 2024AED 1,041,2001,238 sq ft841Off-plan
4087 May 2024AED 1,483,1501,244 sq ft1,192Off-plan

Latest 2 bed sales in Elegance by Chaimaa

UnitDatePriceSizeAED/sq ftType
80430 Jul 2026AED 1,800,0001,349 sq ft1,334Resale
70426 Jun 2026AED 1,520,0001,359 sq ft1,118Resale
20230 Apr 2026AED 1,525,0001,261 sq ft1,209Resale
140822 Jan 2026AED 1,310,5901,238 sq ft1,059Off-plan
140219 Jan 2026AED 1,625,0001,230 sq ft1,321Off-plan
14027 Feb 2025AED 1,207,6971,230 sq ft982Off-plan
110114 Nov 2024AED 1,680,0001,268 sq ft1,325Off-plan
130821 Oct 2024AED 1,580,0001,238 sq ft1,276Off-plan

How we worked out the value

We took the 3 sales in Elegance by Chaimaa in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,209). We multiplied it by the size of this unit (1,238 sq ft). The range uses the middle half of those sales (AED 1,164 to AED 1,272 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,403,685. Floor, view, condition and upgrades can move the price either way. Sales data to 1 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1208 at Elegance by Chaimaa worth?

About AED 1,497,000 (range AED 1,441,000 to AED 1,575,000), based on AED 1,209 per sq ft from registered sales up to 1 Oct 2026.

When did unit 1208 last sell?

5 Jan 2026, for AED 1,525,000 (off-plan). It has 2 registered sales.

What rent can unit 1208 make?

A 2 bed in Elegance by Chaimaa rents for about AED 130,000 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

Sales alert for Elegance by ChaimaaAll sales in Elegance by Chaimaa

Unit 1207 · Unit 1301