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

216, Elvira 1

Sold prices and rental history: sold once, by the developer in November 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 2.21M15 November 2023
Current rentAED 145K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Elvira 1

What is 216 worth today?

Last sold for AED 2,212,888 in 2023

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9 Oct 2026RentedNew contract
AED 145,000/yr12 months · AED 137 per sqft
15 Nov 2023Sold by developerOff-plan
AED 2,212,888AED 2,082 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
2-bed apartment
Size
1,063 sqft
Floor
2nd of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 2.21M · November 2023
Building
Elvira 1

About 216, Elvira 1

216 is a two-bedroom apartment of 1,063 sqft on the 2nd floor of Elvira 1, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 15 November 2023 for AED 2,212,888, or AED 2,082 per sqft, 6% above the AED 1,963 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2026. The current contract, signed on 9 October 2026, is AED 145,000 a year: a gross yield of 6.6% on the 2023 price.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical two-bed in Elvira 1
2.2M2.4M20232024202520262027Typical 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, November 2023: AED 2,212,888 (AED 2,082 per sqft)

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

2-beds in Elvira 1, and where 216 sits

All 172 2-beds →

216 last sold in November 2023 at AED 2,082 per sqft, 6% above what two-beds in Elvira 1 were fetching at the time (AED 1,963). 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. 216's AED 145,000 is at the bottom of that range.

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 2nd floor

All 446 units in Elvira 1
Value
2013-bedAED 4.05M · Apr 2025
2023-bedAED 4.25M · Mar 2023
2031-bedAED 1.29M · Mar 2023
2041-bedAED 1.31M · Mar 2023
2052-bedAED 1.97M · Mar 2023
2062-bedAED 2.26M · Sep 2023
2072-bedAED 2.4M · Mar 2025
1–7 of 24

216, Elvira 1 in numbers

  • Sold once: by Dubai Hills Estate on 15 November 2023 for AED 2,212,888, or AED 2,082 per sqft.
  • Rented since October 2026 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 6.6%.
  • 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 9 October 2026.

Questions about 216, Elvira 1

What did unit 216 last sell for?

AED 2,212,888 on 15 November 2023, sold by the developer: AED 2,082 per sqft for 1,063 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 145,000 a year on the contract signed on 9 October 2026.

How big is unit 216?

1,063 sqft (98.8 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2026.

What is unit 216 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 216, Elvira 1

Starts from the last sale price (AED 2.21M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,212,888
Deposit, UAE resident (20%)
AED 442,578
Deposit, non-resident (40%)
AED 885,155
Monthly over 25 years at 3.7%
AED 9,054

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