Elvira

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Emaar
921
Total Units
892
Sold
⃃ 2,215,900
Median Price
⃃ 2,090
Median Price /sqft
Construction progress: 100%
Start: Jan, 2023Completion: Jun, 2026

Elvira Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed320690 sqft - 720 sqft⃃ 1.7M (2,450 /sqft)⃃ 2,360 /sqft
3.91
2 Beds3441,060 sqft - 1,140 sqft⃃ 2.5M (2,240 /sqft)⃃ 2,380 /sqft
-5.97
3 Beds2281,500 sqft - 3,420 sqft⃃ 3.9M (2,610 /sqft)⃃ 2,520 /sqft
3.3

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
ElviraHadaeq Sheikh Mohammed Bin Rashid
Dec 2022—1.8K
Jan 2023—1.9K
Feb 2023—1.7K
Mar 20232.0K1.9K
Apr 20232.1K2.0K
May 20232.1K1.9K
Jun 20232.1K1.9K
Jul 20232.1K1.9K
Aug 20232.1K1.9K
Sep 20232.1K2.0K
Oct 20232.1K2.0K
Nov 20232.1K2.1K
Dec 20232.0K2.1K
Jan 20242.2K2.2K
Feb 20242.2K2.2K
Mar 20242.1K2.1K
Apr 20242.3K2.2K
May 20242.0K2.3K
Jun 20242.3K2.2K
Jul 20242.1K2.4K
Aug 20242.4K2.2K
Sep 20242.0K2.4K
Oct 20242.3K2.4K
Nov 20242.2K2.3K
Dec 20242.1K2.2K
Jan 20252.2K2.3K
Feb 20252.2K2.4K
Mar 20252.3K2.4K
Apr 20252.4K2.5K
May 20252.4K2.4K
Jun 20252.4K2.4K
Jul 20252.3K2.6K
Aug 20252.4K2.4K
Sep 20252.3K2.3K
Oct 20252.4K2.3K
Nov 20252.3K2.5K
Dec 20252.4K2.5K
Jan 20262.6K2.5K
Feb 20262.5K2.4K
Mar 20262.6K2.5K
Apr 20262.1K2.4K
May 20262.5K2.4K
Jun 20262.6K2.2K
Jul 20262.5K2.3K
Aug 20262.2K2.2K
Sep 20262.2K2.4K
Oct 20262.2K2.3K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment1693 sqft6.14 sqft
1Apartment1701 sqft6.13 sqft
1Apartment1704 sqft6.14 sqft
1Apartment1702 sqft6.14 sqft
1Apartment1704 sqft6.14 sqft
1Apartment1704 sqft6.14 sqft
1Apartment1707 sqft6.14 sqft
1Apartment1707 sqft6.14 sqft
1Apartment1704 sqft6.14 sqft
1Apartment1704 sqft6.14 sqft
1Apartment1702 sqft6.14 sqft
1Apartment1704 sqft6.14 sqft
1Apartment1701 sqft6.13 sqft
1Apartment1693 sqft6.14 sqft
2Apartment11,064 sqft7.05 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

Elvira Real Estate Data – FAQ

  • What is the current property supply in Elvira?

    Elvira has a total residential supply of approximately 1 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Elvira?

    Elvira recorded 75 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Elvira?

    The median transaction price in Elvira is ⃃ 2,480 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Elvira?

    The gross rental yield in Elvira is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Elvira?

    Property prices in Elvira have shown a capital appreciation of 7.85% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Elvira?

    There are currently 0 active off-plan projects in Elvira, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Elvira?

    The total off-plan pipeline in Elvira includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Elvira a good area for property investment?

    Elvira is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 7%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Elvira, this is 7%, indicating relatively strong income performance compared to global markets.