Elvira 1

Every figure below comes from registered Dubai Land Department records: real sales and real Ejari rent contracts, not asking prices. 65 registered sales on record for this project.

Median sold price · 12 mo

AED 2.44M

2,456 AED/sqft · 78 sales

Median rent · last 90 days

AED 120,000/yr

19 registered contracts

Real gross yield

≈ 4.9%

Registered rents ÷ registered prices

Ready or off-plan? They are not the same price

Off-plan in Elvira 1 register about 6% above ready, per square foot. Most places publish one blended figure, which is nobody’s actual market.

Ready

AED 2,197/sqft

Median AED 2.43M · 13 registered sales

Off-plan

AED 2,330/sqft

Median AED 2.25M · 182 registered sales

Blended, the way it is usually published: AED 2,322/sqft across all 195 registered sales. Useful for a trend, misleading for a purchase.

We measured this across every community busy enough to test: off-plan versus ready in Dubai, and which actually costs more.

A gap does not mean one is overpriced. Off-plan stock skews towards newer developments and a payment plan has its own value. These are two markets, priced differently.

What actually sells in Dubai Hills Estate, weekly

One email a week: the registered sales and rents in Dubai Hills Estate, from the Dubai Land Department record. No asking prices, no listings, no agent calling you.

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By Bedroom Count in Elvira 1

Every registered sale in this building, grouped by how many bedrooms the Land Department recorded. Find your size and you are looking at what homes like yours actually sold for.

BedroomsSalesTypical sizeMedian pricePer sqftMedian rentGross yield
1-bed421700 sqftAED 1,435,8882,040AED 90,0006.3%
2-bed4161,066 sqftAED 2,233,8882,082AED 150,0006.7%
3-bed2891,518 sqftAED 3,518,8882,167AED 235,000-

Source: Dubai Land Department (CC BY 4.0). Bedroom counts and prices are DLD's own record for this building. Rents are registered Ejari contracts in the same building over the last 24 months, matched to each bedroom count by floor area, because Ejari records size rather than bedrooms. A yield is shown only where both sides have a real sample.

Latest Registered Sales

DateTypeSizePricePer sqft
2026-10-072 B/R1,140 sqftAED 2.4M2,105
2026-10-023 B/R1,498 sqftAED 4.1M2,737
2026-10-022 B/R1,140 sqftAED 2.48M2,176
2026-10-012 B/R1,140 sqftAED 2.45M2,149
2026-09-212 B/R1,113 sqftAED 2.43M2,184
2026-09-111 B/R702 sqftAED 1.55M2,209
2026-09-042 B/R1,113 sqftAED 2.42M2,180
2026-08-212 B/R1,113 sqftAED 2.58M2,323

Source: Dubai Land Department registered transactions. Comparable data, not a formal valuation.

Elvira 1: common questions

How much does a property in Elvira 1 cost?+

Over the last 12 months the median registered sale price in Elvira 1 in Dubai Hills Estate was AED 2.44M, across 78 registered sales. That is about 2,456 AED per square foot. These are completed transactions registered with the Dubai Land Department, not asking prices.

What is the rent in Elvira 1?+

The median registered annual rent in Elvira 1 over the last 90 days was AED 120,000 per year, across 19 registered Ejari contracts. Ejari contracts are the official registered tenancy record, so this reflects what tenants are actually paying rather than advertised rents.

What rental yield does Elvira 1 give?+

Elvira 1 shows a gross rental yield of roughly 4.9%, calculated by comparing registered Ejari rents against registered sale prices for the same building. That figure is gross, so service charges, management fees and any vacancy still come out of it, commonly one to two percentage points.

Is Elvira 1 a good investment?+

We do not give investment advice, and we will not guess. What the registered record shows for Elvira 1 is 65 registered sales on file, 78 of them in the last 12 months, and a gross yield of about 4.9%. Transaction volume matters as much as price, because it tells you how easily you could sell again. Compare those figures against other buildings in Dubai Hills Estate before deciding, and check the service charge for the tower, since it comes straight off your yield.

How do I check what a specific unit in Elvira 1 sold for?+

Every sale in Elvira 1 is registered with the Dubai Land Department, and the recent ones are listed on this page with date, size and price. Looking at one specific unit? Send the listing to Chat DLD on WhatsApp. It compares the asking price against the registered record for this building in seconds, free.

Buying or selling here

Talk to an agent who actually works Elvira 1

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Terms on this page

Every term, in the Dubai property glossary.

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Everything on this site stays free and open whether you register or not. This is for people who want it pointed at their own shortlist.

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