3-bed · 1,520 sqftElvira 1, Dubai Hills Estate · 16th floor · completed 2026

1612, 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.

Unit 1612 · DLD and Ejari recordsUpdated 3 April 2023
Last soldAED 3.27M3 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Elvira 1

What is 1612 worth today?

Last sold for AED 3,274,888 in 2023

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3 Apr 2023Sold by developerOff-plan
AED 3,274,888AED 2,154 per sqft

Source: Dubai Land Department. Updated 3 April 2023.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
16th of 16
Parking
2
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 3.27M · April 2023
Building
Elvira 1

About 1612, Elvira 1

1612 is a three-bedroom apartment of 1,520 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 3 April 2023 for AED 3,274,888, or AED 2,154 per sqft, 4% above the AED 2,067 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1612 over time

Sales
Unit 1612, each saleTypical three-bed in Elvira 1
3.5M4M20232024202520262027Typical sale price by year: 2023 AED 3,400,888; 2024 AED 3,910,000; 2025 AED 4,050,000; 2026 AED 4,100,000Sold by developer, April 2023: AED 3,274,888 (AED 2,154 per sqft)

1612 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Elvira 1, and where 1612 sits

All 114 3-beds →

1612 last sold in April 2023 at AED 2,154 per sqft, 4% above what three-beds in Elvira 1 were fetching at the time (AED 2,067). Over the last 12 months three-beds sold for AED 3,403,888 to 5,450,000, around AED 2,629 per sqft, and rent for AED 260,000 to 300,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Nov 20265,450,000
21 Oct 20265,050,000
2 Oct 20264,100,000
10 Aug 20263,403,888
10 3-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
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
1–7 of 17

1612, Elvira 1 in numbers

  • Sold once: by Dubai Hills Estate on 3 April 2023 for AED 3,274,888, or AED 2,154 per sqft.
  • Three-beds in Elvira 1 sold for AED 3,403,888–5,450,000 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 3 April 2023.

Questions about 1612, Elvira 1

What did unit 1612 last sell for?

AED 3,274,888 on 3 April 2023, sold by the developer: AED 2,154 per sqft for 1,520 sqft. It is the only registered sale of the unit.

How big is unit 1612?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2026.

What is unit 1612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Elvira 1 sold for AED 3,403,888 to 5,450,000 in the last 12 months, around AED 2,629 per sqft.

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Mortgage on 1612, Elvira 1

Starts from the last sale price (AED 3.27M, 3 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,274,888
Deposit, UAE resident (20%)
AED 654,978
Deposit, non-resident (40%)
AED 1,309,955
Monthly over 25 years at 3.7%
AED 13,399

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