2-bed · 1,064 sqftElvira 1, Dubai Hills Estate · 3rd floor · completed 2026

308, 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 308 · DLD and Ejari recordsUpdated 20 March 2023
Last soldAED 1.92M20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Elvira 1

What is 308 worth today?

Last sold for AED 1,919,888 in 2023

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20 Mar 2023Sold by developerOff-plan
AED 1,919,888AED 1,805 per sqft

Source: Dubai Land Department. Updated 20 March 2023.

Key facts

Type
2-bed apartment
Size
1,064 sqft
Floor
3rd of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 1.92M · March 2023
Building
Elvira 1

About 308, Elvira 1

308 is a two-bedroom apartment of 1,064 sqft on the 3rd 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 1,919,888, or AED 1,805 per sqft, 7% below the AED 1,944 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Elvira 1
2M2.5M20232024202520262027Typical 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, March 2023: AED 1,919,888 (AED 1,805 per sqft)

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

2-beds in Elvira 1, and where 308 sits

All 172 2-beds →

308 last sold in March 2023 at AED 1,805 per sqft, 7% below what two-beds in Elvira 1 were fetching at the time (AED 1,944). 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 3rd floor

All 446 units in Elvira 1
Value
3013-bedAED 3.76M · Apr 2023
3023-bedAED 3.48M · Apr 2023
3031-bedAED 1.29M · Mar 2023
3041-bedAED 1.43M · Mar 2023
3051-bedAED 1.71M · Jul 2026
3061-bedAED 1.74M · Jan 2026
3071-bedAED 1.62M · Apr 2024
1–7 of 31

308, Elvira 1 in numbers

  • Sold once: by Dubai Hills Estate on 20 March 2023 for AED 1,919,888, or AED 1,805 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 20 March 2023.

Questions about 308, Elvira 1

What did unit 308 last sell for?

AED 1,919,888 on 20 March 2023, sold by the developer: AED 1,805 per sqft for 1,064 sqft. It is the only registered sale of the unit.

How big is unit 308?

1,064 sqft (98.8 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2026.

What is unit 308 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 308, Elvira 1

Starts from the last sale price (AED 1.92M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,919,888
Deposit, UAE resident (20%)
AED 383,978
Deposit, non-resident (40%)
AED 767,955
Monthly over 25 years at 3.7%
AED 7,855

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