
Sold Prices · DLD Data
Al Yelayiss 2, Dubai · Town Square
AED 1,236
Avg Price / sqft
AED 1.2M
Avg Sale Price
7
DLD Sales Recorded
7%
Est. Gross Yield
Market snapshot
Elaya is a residential building in Al Yelayiss 2, Dubai with approximately 153 units. Dubai Land Department records show 7 sales in the building, at an average price of AED 1.2M — around AED 1,236 per square foot.
Since February 2026, 7 sales completed in Elaya, with the average price per square foot moving from AED 1,321 to AED 1,291 (-2.3%). Prices have held broadly steady, a sign of a balanced market in the tower.
Benchmarked against average residential rents in Al Yelayiss 2, a typical unit in Elaya returns an estimated 7% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Yelayiss 2.
Figures are from Dubai Land Department transaction records for Elaya; individual units vary by floor, view and finish. Gross yield is estimated against average Al Yelayiss 2 residential rents, before service charges.
Price trend
Average sale price per sqft by month since February 2026-2.3%
Unit types
1 Bed
AED 848K
AED 1,197/sqft
3 sales · last 12 months
2 Bed
AED 1.4M
AED 1,257/sqft
3 sales · last 12 months
3 Bed
AED 2.0M
AED 1,291/sqft
1 sale · last 12 months
Transactions
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 01 Oct 2026 | Sales | 3 | 1,530 | AED 2.0M | AED 1,291 |
| 30 Sept 2026 | Sales | 2 | 1,166 | AED 1.6M | AED 1,373 |
| 05 Sept 2026 | Sales | 2 | 1,166 | AED 1.3M | AED 1,137 |
| 01 Aug 2026 | Sales | 2 | 1,016 | AED 1.3M | AED 1,260 |
| 09 Jul 2026 | Sales | 1 | 864 | AED 820K | AED 949 |
| 26 Feb 2026 | Sales | 1 | 614 | AED 865K | AED 1,408 |
| 22 Feb 2026 | Sales | 1 | 697 | AED 860K | AED 1,234 |
About the area
Town Square is a meticulously planned residential community developed by Nshama, covering an expansive area of over 750 acres. This neighborhood is designed with families and individuals in mind, offering a harmonious blend of modern living and a cohesive community atmosphere.
Explore the Town Square area guideNearby
Holland Gardens
Al Yelayiss 2 · 172 sales
Evelyn On The Park
Al Yelayiss 2 · 169 sales · AED 1.4M avg
Rosewell
Al Yelayiss 2 · 94 sales · AED 1.6M avg
Town Square Zahra
Al Yelayiss 2 · 91 sales · AED 1.5M avg
Maha Townhouses
Al Yelayiss 2 · 79 sales
The Hamilton
Al Yelayiss 2 · 72 sales · AED 1.4M avg
Camden
Al Yelayiss 2 · 67 sales · AED 1.5M avg
Belmont
Al Yelayiss 2 · 44 sales · AED 1.6M avg
Rawda Apartments
Al Yelayiss 2 · 44 sales · AED 1.2M avg
FAQ
The average recorded sale price in Elaya, Al Yelayiss 2 is AED 1.2M, around AED 1,236 per square foot, based on Dubai Land Department transaction data.
Average sale prices in Elaya have eased -2.3% per square foot since February 2026, across 7 DLD-recorded sales.
Based on average Al Yelayiss 2 residential rents against sale prices in the building, a typical unit in Elaya yields roughly 7% gross per year, before service charges and fees.
7 sales have been recorded in Elaya according to DLD data, across approximately 153 units.
Get honest, DLD-backed guidance on pricing, yields and availability in Al Yelayiss 2 from Binayah's advisors — no pressure, just the numbers.