Unit 204, Elegance by Chaimaa: what it sold for and what it is worth now

Unit 204 at Elegance by Chaimaa is a 1 bed of 778 sq ft. It last sold for AED 962,150 on 2 Jan 2024. At AED 1,567 per sq ft, from 3 sales in the building in the last 12 months (1 bed), it is worth about AED 1,219,000 today.

Value todayAED 1,219,000AED 1,217,000 to AED 1,256,000
Last saleAED 962,1502 Jan 2024 · Off-plan
Change since last sale+26.7% 
Rent (median asking, 1 bed)AED 80,000Gross yield 6.6%
Bedrooms1 bed
Size778 sq ft
Floor2 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingElegance by Chaimaa by Chaimaa Holding, handed over 2025
Registered sales of this unit1

Every registered sale of unit 204

DatePriceSizeAED/sq ftType
2 Jan 2024AED 962,150778 sq ft1,237Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80430 Jul 2026AED 1,800,0001,349 sq ft1,334Resale
70426 Jun 2026AED 1,520,0001,359 sq ft1,118Resale
14047 Aug 2025AED 1,000,000742 sq ft1,348Off-plan
40412 Jul 2024AED 1,250,0001,200 sq ft1,042Off-plan
70421 May 2024AED 1,300,5761,359 sq ft957Off-plan
4041 Mar 2024AED 1,181,2621,200 sq ft984Off-plan
50414 Dec 2023AED 1,121,850816 sq ft1,375Off-plan
30426 Sep 2023AED 1,272,2031,287 sq ft989Off-plan

Latest 1 bed sales in Elegance by Chaimaa

UnitDatePriceSizeAED/sq ftType
14073 Jun 2026AED 1,250,000752 sq ft1,662Resale
5031 Jun 2026AED 1,180,000753 sq ft1,567Resale
20621 Apr 2026AED 1,175,000752 sq ft1,563Resale
14036 Mar 2026AED 1,200,000799 sq ft1,502Off-plan
13035 Mar 2026AED 1,200,000787 sq ft1,525Off-plan
13075 Mar 2026AED 1,100,000752 sq ft1,463Off-plan
30312 Feb 2026AED 1,200,000796 sq ft1,508Off-plan
130612 Feb 2026AED 1,200,000715 sq ft1,678Off-plan

How we worked out the value

We took the 3 sales in Elegance by Chaimaa in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,567). We multiplied it by the size of this unit (778 sq ft). The range uses the middle half of those sales (AED 1,565 to AED 1,615 per sq ft). 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 204 at Elegance by Chaimaa worth?

About AED 1,219,000 (range AED 1,217,000 to AED 1,256,000), based on AED 1,567 per sq ft from registered sales up to 1 Oct 2026.

When did unit 204 last sell?

2 Jan 2024, for AED 962,150 (off-plan). It has 1 registered sale.

What rent can unit 204 make?

A 1 bed in Elegance by Chaimaa rents for about AED 80,000 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Elegance by ChaimaaAll sales in Elegance by Chaimaa

Unit 203 · Unit 205