1516, Elvira 1
Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1516, Elvira 1
What is 1516 worth today?
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Source: Dubai Land Department. Updated 18 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,102 sqft
- Floor
- 15th of 16
- Parking
- 1
- Developer
- Dubai Hills Estate
- Completed
- 2026
- Last sold
- AED 2.35M · April 2023
- Building
- Elvira 1
About 1516, Elvira 1
1516 is a two-bedroom apartment of 1,102 sqft on the 15th floor of Elvira 1, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 18 April 2023 for AED 2,348,888, or AED 2,131 per sqft, 9% above the AED 1,952 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1516 over time
1516 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Elvira 1, and where 1516 sits
All 172 2-beds →1516 last sold in April 2023 at AED 2,131 per sqft, 9% above what two-beds in Elvira 1 were fetching at the time (AED 1,952). Over the last 12 months two-beds sold for AED 2,290,000 to 2,960,000, around AED 2,287 per sqft, and rent for AED 145,000 to 164,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 1,073 sqft | 2,900,000 | 2,701 | ||
| 1 Oct 20261 October 2026 | 1,140 sqft | 2,450,000 | 2,148 | ||
| 18 Sep 202618 September 2026 | 1,113 sqft | 2,430,000 | 2,184 | ||
| 21 Aug 202621 August 2026 | 1,113 sqft | 2,585,000 | 2,323 |
Elvira 1
Building446 apartments, 1-bed to 3-bed over 16 floors in Dubai Hills Estate, completed in 2026 by Dubai Hills Estate. 36 sold in the last 12 months.
- Typical price per sqft
- AED 2,477 Up 9.7%
- Typical sale
- AED 2.48M
- Typical rent
- AED 110K /yr
- Typical yield
- 5.7%
Other units on the 15th floor
All 446 units in Elvira 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,527 sqft | AED 4.59MAED 4,588,888 · Mar 2023March 2023 | ||
| 1502 | 3-bed | 2,532 sqft | AED 4.44MAED 4,442,564 · Mar 2023March 2023 | ||
| 1503 | 1-bed | 360 sqft | AED 692KAED 691,550 · Sep 2024September 2024 | ||
| 1504 | 2-bed | 1,063 sqft | AED 1.96MAED 1,963,888 · Mar 2023March 2023 | ||
| 1505 | 2-bed | 1,141 sqft | AED 2.45MAED 2,450,000 · Jul 2025July 2025 | ||
| 1506 | 2-bed | 1,102 sqft | AED 2.49MAED 2,490,000 · Jan 2025January 2025 | ||
| 1507 | 2-bed | 1,063 sqft | AED 2.27MAED 2,267,888 · Mar 2023March 2023 | ||
| 1508 | 3-bed | 1,510 sqft | AED 3.25MAED 3,253,888 · Mar 2023March 2023 | ||
| 1509 | 2-bed | 1,063 sqft | AED 2.09MAED 2,094,888 · Mar 2023March 2023 | ||
| 1510 | 3-bed | 1,497 sqft | AED 3.4MAED 3,403,888 · Aug 2026August 2026 | ||
| 1511 | 2-bed | 1,063 sqft | AED 2.09MAED 2,094,888 · Mar 2023March 2023 | ||
| 1512 | 3-bed | 1,501 sqft | AED 3.24MAED 3,241,888 · Mar 2023March 2023 | ||
| 1513 | 2-bed | 1,064 sqft | AED 2.1MAED 2,097,888 · Mar 2023March 2023 | ||
| 1514 | 3-bed | 1,520 sqft | AED 3.42MAED 3,417,888 · Apr 2023April 2023 | ||
| 1515 | 2-bed | 1,063 sqft | AED 2.23MAED 2,225,000 · Mar 2024March 2024 | ||
| 1517 | 2-bed | 1,142 sqft | AED 2.21MAED 2,212,888 · Mar 2023March 2023 | ||
| 1518 | 1-bed | 705 sqft | AED 1.39MAED 1,385,888 · Mar 2023March 2023 | ||
| 1519 | 2-bed | 1,073 sqft | AED 2.9MAED 2,900,000 · Oct 2026October 2026 | ||
| 1520 | 1-bed | 705 sqft | AED 1.39MAED 1,385,888 · Mar 2023March 2023 | ||
| 1521 | 3-bed | 2,527 sqft | AED 4.79MAED 4,791,489 · Apr 2023April 2023 | ||
| 1522 | 3-bed | 2,527 sqft | AED 4.8MAED 4,795,203 · Apr 2024April 2024 |
1516, Elvira 1 in numbers
- Sold once: by Dubai Hills Estate on 18 April 2023 for AED 2,348,888, or AED 2,131 per sqft.
- Two-beds in Elvira 1 sold for AED 2,290,000–2,960,000 in the 12 months to November 2026; the building's median across all types is AED 2,477 per sqft.
Source: Dubai Land Department. Updated 18 April 2023.
Questions about 1516, Elvira 1
What did unit 1516 last sell for?
AED 2,348,888 on 18 April 2023, sold by the developer: AED 2,131 per sqft for 1,102 sqft. It is the only registered sale of the unit.
How big is unit 1516?
1,102 sqft (102.4 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2026.
What is unit 1516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elvira 1 sold for AED 2,290,000 to 2,960,000 in the last 12 months, around AED 2,287 per sqft.
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Mortgage on 1516, Elvira 1
Starts from the last sale price (AED 2.35M, 18 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,348,888
- Deposit, UAE resident (20%)
- AED 469,778
- Deposit, non-resident (40%)
- AED 939,555
- Monthly over 25 years at 3.7%
- AED 9,610
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →