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ELM AT PARK FIVE - A

Studio Studio Union Properties

BELOW MARKET

Total Price

662,448

Rate

1,499 AED/sqft

Size

442 sqft

Comparable sales

View area trends

Rental context

Comparable studio studios in Motor City rent for a median of 38,000/yr across 221 Ejari contracts in the last two years.

Median annual rent
38,000
Sale price (this txn)
662,448
Implied gross yield
5.7%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,499 AED/sqft, below market compared with the median of comparable studio sales in Motor City.

  • Comparable median: 1,564 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −4.2%.
  • Gifts and mortgages excluded.
highOff-Plan

Location context

Motor City · Union Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open ELM AT PARK FIVE - A on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
ELM AT PARK FIVE - A, Motor City
in International Media Production Zone · project: ELM AT PARK FIVE
Sale date
18 Dec 2025
Procedure
Sell - Pre registration · Off-Plan · arm's-length
DLD ref
DLD-1-102-2025-129678
DLD AED/sqm
16,130(our derived AED/sqft: 1,499)
▸ Raw DLD record
transaction_id
dld-1-102-2025-129678
instance_date
2025-12-18
area_name_en
Motor City
master_project_en
International Media Production Zone
project_name_en
ELM AT PARK FIVE
building_name_en
ELM AT PARK FIVE - A
property_type_en
Studio
rooms
0 BR
size_sqft
442
actual_worth
AED 662,448
meter_sale_price
16,130 AED/sqm
procedure_name_en
Sell - Pre registration
reg_type_en
Off-Plan Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Sports City Swimming Academy
nearest_metro_en
Damac Properties
nearest_mall_en
Marina Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗