New homes in Elvira start at AED 1,290,000; keys are due Dec 2026; you pay 10% to book, 70% while it is built and 20% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 78 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Elvira. Their median price is AED 2,314 per sq ft (about AED 1,604,000 at 693 sq ft). This project's from price is AED 1,861 per sq ft (AED 1,290,000 for its smallest home, 693 sq ft), 20% less.
Keys
Dec 2026
The developer's handover date
Payment plan
10 / 70 / 20
10% to book, 70% while it is built, 20% at the keys
Bedrooms
1 to 3 beds
Sizes
693 to 3,392 sq ft
Ownership
Freehold
Property types
Apartment, Townhouse, and Duplex
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,861 per sq ft
Similar off-plan homes: AED 2,314 per sq ft
RERA project
2536
Check it in Dubai REST, the Dubai Land Department's official app.
Built
68%
Being built. DLD register, Jun 12, 2026
Completion on the register
Dec 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
902
In 2 buildings
Paying for it
You pay 10% when you book, 70% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
10%
AED 129,000
As it is built
While it is built
70%
AED 903,000
At the keys (Dec 2026)
Keys
20%
AED 258,000
Booking payment, 10%
AED 129,000
Dubai Land Department fee (Oqood), 4%
AED 51,600
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 180,600
The handover date (Dec 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 29 finished projects by this developer since 2018. 26 of the 29 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Emaar Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 78 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Elvira, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Elvira sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 78 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Elvira, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,314 per sq ft
AED 1,889 to AED 2,009 per sq ft
4 sales
AED 2,009 to AED 2,129 per sq ft
6 sales
AED 2,129 to AED 2,249 per sq ft
20 sales
AED 2,249 to AED 2,369 per sq ft
19 sales
AED 2,369 to AED 2,489 per sq ft
10 sales
AED 2,489 to AED 2,609 per sq ft
14 sales
AED 2,609 to AED 2,729 per sq ft
3 sales
AED 2,729 to AED 2,849 per sq ft
2 sales
AED 1,889 per sq ftAED 2,849 per sq ft
This project AED 1,861 per sq ft, below every sale
Half of the sales sold for AED 2,171 to AED 2,486 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,889 to AED 2,009 per sq ft
4
AED 2,009 to AED 2,129 per sq ft
6
AED 2,129 to AED 2,249 per sq ft
20
AED 2,249 to AED 2,369 per sq ft
19
AED 2,369 to AED 2,489 per sq ft
10
AED 2,489 to AED 2,609 per sq ft
14
AED 2,609 to AED 2,729 per sq ft
3
AED 2,729 to AED 2,849 per sq ft
2
The 3 closest sales
Picked from the 78 similar sales above, closest in size to this project's smallest home.
Mar 2025AED 1,674,000AED 2,416 per sq ftElvira 1, 693 sq ft
Oct 2025AED 1,720,000AED 2,481 per sq ftElvira 1, 693 sq ft
Jan 2026AED 1,750,000AED 2,523 per sq ftElvira 2, 694 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Dubai Hills Estate in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,290,000 here
Off-plan medianAED 1,807,000AED 2,411 per sq ft
Sales703
20% below 78 similar sales
2-bed apartment
Off-plan medianAED 2,769,000AED 2,405 per sq ft
Sales504
3-bed apartment
Off-plan medianAED 4,590,000AED 2,574 per sq ft
Sales208
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
7.4%
Typical for similar ready homes
6.6%
Median rent of 1-bed apartments in Dubai Hills Estate
AED 96,000 a year
Rent contracts counted
1,363
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 96,000 a year
2-bed apartment
AED 150,000 a year
3-bed apartment
AED 290,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 96,000 ÷ AED 1,290,000 = 7.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Equiti Metro Station (formerly First Abu Dhabi Bank)4.1 km, 10 min driveMetro station
GEMS International School, Al Khail2.2 km, 5 min driveSchool
GEMS Wellington Academy2.2 km, 5 min driveBritish school
Dubai International School7.2 km, 14 min driveAmerican school
GEMS New Millenium School2.4 km, 6 min driveIndian school
Elvira is an Emaar Properties project in Dubai Hills Estate with 1- to 3-bedroom apartments, townhouses and duplexes from AED 1,290,000, and handover listed for December 2026. The from price per square foot is 20% below 78 similar sales over the 24 months to October 2026.
The listed handover is December 2026, next month at the time of writing. Ask Emaar whether the towers have their completion certificate and when handover will take place. The from price per square foot is 20% below 78 similar sales over the 24 months to October 2026; DLD lists them as one-bedroom off-plan sales in Elvira. Ask what size, floor and layout the from price buys.
The plan is 10% on booking, 70% during construction and 20% at handover. At the from price that is AED 129,000 on booking, AED 903,000 during the build and AED 258,000 at handover. The 4% Land Department fee is AED 51,600.
Elvira has 892 homes in two 16-storey towers, from 693 to 3,392 sq ft. The rest of the homes are one- to three-bedroom apartments, besides 28 duplexes and 12 townhouses, all with three bedrooms. Each home has walk-in closets, a laundry room and at least one balcony, and the townhouses, duplexes and some three-bedroom apartments have private gardens. Residents share a swimming pool, a children's pool, a gym, a children's room and a BBQ area with access to Dubai Hills Park.
By our map, a Kings College Hospital medical and diabetes centre is about 480 m away, Dubai Hills Golf Club about 1.5 km, and GEMS International School, Al Khail and GEMS Wellington Academy each about 2.2 km. Equiti Metro Station (formerly First Abu Dhabi Bank) is about 4.1 km away, around 10 minutes by car by our estimate.
