2-bed · 1,063 sqftElvira 1, Dubai Hills Estate · 16th floor · completed 2026

1602, Elvira 1

Sold prices and rental history: sold twice, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 8 April 2025
Last soldAED 2.5M8 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Elvira 1

What is 1602 worth today?

Last sold for AED 2,500,000 in 2025

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8 Apr 2025SoldOff-plan
AED 2,500,000AED 2,351 per sqft
4 Apr 2023Sold by developerOff-plan
AED 2,027,888AED 1,907 per sqft

Source: Dubai Land Department. Updated 8 April 2025.

Key facts

Type
2-bed apartment
Size
1,063 sqft
Floor
16th of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 2.5M · April 2025
Building
Elvira 1

About 1602, Elvira 1

1602 is a two-bedroom apartment of 1,063 sqft on the 16th floor of Elvira 1, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. It last sold on 8 April 2025 for AED 2,500,000, or AED 2,351 per sqft, 10% above the AED 2,135 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Elvira 1
2M2.25M2.5M20232024202520262027Typical sale price by year: 2023 AED 2,144,888; 2024 AED 2,323,888; 2025 AED 2,400,000; 2026 AED 2,525,000Sold by developer, April 2023: AED 2,027,888 (AED 1,907 per sqft)Sold, April 2025: AED 2,500,000 (AED 2,351 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Elvira 1, and where 1602 sits

All 172 2-beds →

1602 last sold in April 2025 at AED 2,351 per sqft, 10% above what two-beds in Elvira 1 were fetching at the time (AED 2,135). 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 salesUnit no.Price (AED)Summary
30 Oct 20262,900,000
1 Oct 20262,450,000
18 Sep 20262,430,000
21 Aug 20262,585,000
14 2-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
16011-bedAED 1.48M · Mar 2023
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

1602, Elvira 1 in numbers

  • Sold twice: first on 4 April 2023 for AED 2,027,888, last on 8 April 2025 for AED 2,500,000 (AED 2,351 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 8 April 2025.

Questions about 1602, Elvira 1

What did unit 1602 last sell for?

AED 2,500,000 on 8 April 2025: AED 2,351 per sqft for 1,063 sqft. The unit has 2 registered sales; the first was AED 2,027,888 in April 2023.

How big is unit 1602?

1,063 sqft (98.8 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2026.

What is unit 1602 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 1602, Elvira 1

Starts from the last sale price (AED 2.5M, 8 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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