1-bed · 721 sqftElvira 1, Dubai Hills Estate · 16th floor · completed 2026

1601, Elvira 1

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 1.48M20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Elvira 1

What is 1601 worth today?

Last sold for AED 1,475,888 in 2023

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20 Mar 2023Sold by developerOff-plan
AED 1,475,888AED 2,047 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
16th of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 1.48M · March 2023
Building
Elvira 1

About 1601, Elvira 1

1601 is a one-bedroom apartment of 721 sqft on the 16th floor of Elvira 1, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 20 March 2023 for AED 1,475,888, or AED 2,047 per sqft, 8% above the AED 1,898 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Elvira 1
1.4M1.6M1.8M20232024202520262027Typical sale price by year: 2023 AED 1,349,888; 2024 AED 1,500,000; 2025 AED 1,567,500; 2026 AED 1,762,500Sold by developer, March 2023: AED 1,475,888 (AED 2,047 per sqft)

1601 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elvira 1, and where 1601 sits

All 160 1-beds →

1601 last sold in March 2023 at AED 2,047 per sqft, 8% above what one-beds in Elvira 1 were fetching at the time (AED 1,898). Over the last 12 months one-beds sold for AED 1,369,888 to 1,850,000, around AED 2,503 per sqft, and rent for AED 85,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20261,660,000
11 Sep 20261,550,000
24 Jul 20261,710,000
16 Mar 20261,775,000
12 1-bed sales in the last 12 months

Elvira 1

Building

446 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%
Elvira 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 16th floor

All 446 units in Elvira 1
Value
16022-bedAED 2.5M · Apr 2025
16032-bedAED 2.21M · Mar 2023
16042-bedAED 2.24M · Mar 2023
16052-bedAED 2.16M · Mar 2023
16063-bedAED 3.27M · Sep 2023
16072-bedAED 2.16M · Mar 2023
16083-bedAED 3.42M · Apr 2023
1–7 of 17

1601, Elvira 1 in numbers

  • Sold once: by Dubai Hills Estate on 20 March 2023 for AED 1,475,888, or AED 2,047 per sqft.
  • One-beds in Elvira 1 sold for AED 1,369,888–1,850,000 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 20 March 2023.

Questions about 1601, Elvira 1

What did unit 1601 last sell for?

AED 1,475,888 on 20 March 2023, sold by the developer: AED 2,047 per sqft for 721 sqft. It is the only registered sale of the unit.

How big is unit 1601?

721 sqft (67.0 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2026.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elvira 1 sold for AED 1,369,888 to 1,850,000 in the last 12 months, around AED 2,503 per sqft.

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Mortgage on 1601, Elvira 1

Starts from the last sale price (AED 1.48M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,888
Deposit, UAE resident (20%)
AED 295,178
Deposit, non-resident (40%)
AED 590,355
Monthly over 25 years at 3.7%
AED 6,038

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →