Unit 408 at Elegance by Chaimaa is a 2 bed of 1,244 sq ft. It last sold for AED 1,483,150 on 7 May 2024. 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 1,504,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,244 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 share the same layout and view |
| Building | Elegance by Chaimaa by Chaimaa Holding, handed over 2025 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 7 May 2024 | AED 1,483,150 | 1,244 sq ft | 1,192 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1408 | 22 Jan 2026 | AED 1,310,590 | 1,238 sq ft | 1,059 | Off-plan |
| 1208 | 5 Jan 2026 | AED 1,525,000 | 1,238 sq ft | 1,232 | Off-plan |
| 1308 | 21 Oct 2024 | AED 1,580,000 | 1,238 sq ft | 1,276 | Off-plan |
| 908 | 17 Sep 2024 | AED 1,516,450 | 1,238 sq ft | 1,225 | Off-plan |
| 608 | 17 Sep 2024 | AED 1,480,000 | 1,238 sq ft | 1,195 | Off-plan |
| 308 | 24 Jul 2024 | AED 1,528,150 | 1,238 sq ft | 1,234 | Off-plan |
| 508 | 20 Jun 2024 | AED 1,470,000 | 1,238 sq ft | 1,187 | Off-plan |
| 1108 | 9 May 2024 | AED 1,041,200 | 1,238 sq ft | 841 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 804 | 30 Jul 2026 | AED 1,800,000 | 1,349 sq ft | 1,334 | Resale |
| 704 | 26 Jun 2026 | AED 1,520,000 | 1,359 sq ft | 1,118 | Resale |
| 202 | 30 Apr 2026 | AED 1,525,000 | 1,261 sq ft | 1,209 | Resale |
| 1408 | 22 Jan 2026 | AED 1,310,590 | 1,238 sq ft | 1,059 | Off-plan |
| 1402 | 19 Jan 2026 | AED 1,625,000 | 1,230 sq ft | 1,321 | Off-plan |
| 1208 | 5 Jan 2026 | AED 1,525,000 | 1,238 sq ft | 1,232 | Off-plan |
| 1402 | 7 Feb 2025 | AED 1,207,697 | 1,230 sq ft | 982 | Off-plan |
| 1101 | 14 Nov 2024 | AED 1,680,000 | 1,268 sq ft | 1,325 | Off-plan |
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 (1,244 sq ft). The range uses the middle half of those sales (AED 1,164 to AED 1,272 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.
About AED 1,504,000 (range AED 1,448,000 to AED 1,582,000), based on AED 1,209 per sq ft from registered sales up to 1 Oct 2026.
7 May 2024, for AED 1,483,150 (off-plan). It has 1 registered sale.
A 2 bed in Elegance by Chaimaa rents for about AED 130,000 a year (median asking rent). That is a gross yield of 8.6% on the estimate.
Sales alert for Elegance by ChaimaaAll sales in Elegance by Chaimaa