Unit 402, Elegance by Chaimaa: what it sold for and what it is worth now

Unit 402 at Elegance by Chaimaa is a 1 bed of 777 sq ft. It last sold for AED 827,789 on 24 Jul 2023. 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 1,218,000 today.

Value todayAED 1,218,000AED 1,216,000 to AED 1,255,000
Last saleAED 827,78924 Jul 2023 · Off-plan
Change since last sale+47.1% 
Rent (median asking, 1 bed)AED 80,000Gross yield 6.6%
Bedrooms1 bed
Size777 sq ft
Floor4 (from the unit number)
Position in the towerStack 02: units ending 02 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 402

DatePriceSizeAED/sq ftType
24 Jul 2023AED 827,789777 sq ft1,065Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20230 Apr 2026AED 1,525,0001,261 sq ft1,209Resale
140219 Jan 2026AED 1,625,0001,230 sq ft1,321Off-plan
30221 Sep 2025AED 785,345779 sq ft1,008Off-plan
14027 Feb 2025AED 1,207,6971,230 sq ft982Off-plan
50226 Jun 2024AED 1,495,8501,167 sq ft1,282Off-plan
60215 May 2024AED 1,650,0001,242 sq ft1,329Off-plan
20215 May 2024AED 1,770,0001,261 sq ft1,404Off-plan
6021 Mar 2024AED 1,159,6121,242 sq ft934Off-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 (777 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 402 at Elegance by Chaimaa worth?

About AED 1,218,000 (range AED 1,216,000 to AED 1,255,000), based on AED 1,567 per sq ft from registered sales up to 1 Oct 2026.

When did unit 402 last sell?

24 Jul 2023, for AED 827,789 (off-plan). It has 1 registered sale.

What rent can unit 402 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 401 · Unit 403