Unit 507, Elegance by Chaimaa: what it sold for and what it is worth now

Unit 507 at Elegance by Chaimaa is a 1 bed of 752 sq ft. It last sold for AED 1,000,000 on 15 May 2025. 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 1,178,000 today.

Value todayAED 1,178,000AED 1,177,000 to AED 1,214,000
Last saleAED 1,000,00015 May 2025 · Off-plan
Change since last sale+17.8% 
Rent (median asking, 1 bed)AED 80,000Gross yield 6.8%
Bedrooms1 bed
Size752 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 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 507

DatePriceSizeAED/sq ftType
15 May 2025AED 1,000,000752 sq ft1,330Off-plan
14 Sep 2023AED 837,072752 sq ft1,113Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
14073 Jun 2026AED 1,250,000752 sq ft1,662Resale
13075 Mar 2026AED 1,100,000752 sq ft1,463Off-plan
70721 Oct 2025AED 940,000752 sq ft1,250Off-plan
40719 Sep 2024AED 1,060,800752 sq ft1,411Off-plan
20724 Jul 2024AED 1,516,4501,238 sq ft1,225Off-plan
6073 Jun 2024AED 1,120,000752 sq ft1,489Off-plan
30727 May 2024AED 1,082,900752 sq ft1,440Off-plan
7071 Mar 2024AED 787,694752 sq ft1,047Off-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 (752 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 507 at Elegance by Chaimaa worth?

About AED 1,178,000 (range AED 1,177,000 to AED 1,214,000), based on AED 1,567 per sq ft from registered sales up to 1 Oct 2026.

When did unit 507 last sell?

15 May 2025, for AED 1,000,000 (off-plan). It has 2 registered sales.

What rent can unit 507 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 6.8% on the estimate.

Sales alert for Elegance by ChaimaaAll sales in Elegance by Chaimaa

Unit 506 · Unit 508