1516, Elvira 2
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.
Property timeline for 1516, Elvira 2
What is 1516 worth today?
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Source: Dubai Land Department. Updated 14 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,063 sqft
- Floor
- 15th of 16
- Parking
- 1
- Developer
- Dubai Hills Estate
- Completed
- 2026
- Last sold
- AED 2.27M · April 2023
- Building
- Elvira 2
About 1516, Elvira 2
1516 is a two-bedroom apartment of 1,063 sqft on the 15th floor of Elvira 2, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 14 April 2023 for AED 2,267,888, or AED 2,133 per sqft, in line with the AED 2,104 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1516 over time
1516 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Elvira 2, and where 1516 sits
All 172 2-beds →1516 last sold in April 2023 at AED 2,133 per sqft, in line with what two-beds in Elvira 2 were fetching at the time (AED 2,104). Over the last 12 months two-beds sold for AED 2,263,888 to 2,600,000, around AED 2,194 per sqft, and rent for AED 145,000 to 170,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 1,062 sqft | 2,350,000 | 2,213 | ||
| 20 Oct 202620 October 2026 | 1,068 sqft | 2,340,000 | 2,191 | ||
| 16 Oct 202616 October 2026 | 1,067 sqft | 2,360,000 | 2,210 | ||
| 7 Oct 20267 October 2026 | 1,140 sqft | 2,400,000 | 2,105 |
Elvira 2
Building446 apartments, 1-bed to 3-bed over 16 floors in Dubai Hills Estate, completed in 2026 by Dubai Hills Estate. 41 sold in the last 12 months.
- Typical price per sqft
- AED 2,330 Up 0.3%
- Typical sale
- AED 2.4M
- Typical rent
- AED 148K /yr
- Typical yield
- 6.1%
Other units on the 15th floor
All 446 units in Elvira 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,527 sqft | AED 4.61MAED 4,607,888 · Mar 2023March 2023 | ||
| 1502 | 3-bed | 2,527 sqft | AED 4.61MAED 4,607,888 · Mar 2023March 2023 | ||
| 1503 | 1-bed | 705 sqft | AED 1.39MAED 1,385,888 · Mar 2023March 2023 | ||
| 1504 | 2-bed | 1,078 sqft | AED 2.19MAED 2,194,888 · Mar 2023March 2023 | ||
| 1505 | 1-bed | 705 sqft | AED 1.39MAED 1,385,888 · Mar 2023March 2023 | ||
| 1506 | 2-bed | 1,142 sqft | AED 2.21MAED 2,212,888 · Mar 2023March 2023 | ||
| 1507 | 2-bed | 1,102 sqft | AED 2.35MAED 2,348,888 · Apr 2023April 2023 | ||
| 1508 | 2-bed | 1,063 sqft | AED 2.27MAED 2,267,888 · Apr 2023April 2023 | ||
| 1509 | 3-bed | 1,520 sqft | AED 3.42MAED 3,417,888 · Jun 2023June 2023 | ||
| 1510 | 2-bed | 1,064 sqft | AED 2.27MAED 2,270,888 · Apr 2023April 2023 | ||
| 1511 | 3-bed | 1,501 sqft | AED 3.65MAED 3,650,000 · Oct 2024October 2024 | ||
| 1512 | 2-bed | 1,063 sqft | AED 2.27MAED 2,267,888 · Apr 2023April 2023 | ||
| 1513 | 3-bed | 1,501 sqft | AED 3.4MAED 3,403,888 · Jun 2023June 2023 | ||
| 1514 | 2-bed | 1,063 sqft | AED 2.27MAED 2,267,888 · Apr 2023April 2023 | ||
| 1515 | 3-bed | 1,519 sqft | AED 3.42MAED 3,417,888 · Apr 2023April 2023 | ||
| 1517 | 2-bed | 1,102 sqft | AED 2.35MAED 2,348,888 · May 2023May 2023 | ||
| 1518 | 2-bed | 1,141 sqft | AED 2.32MAED 2,320,888 · Mar 2023March 2023 | ||
| 1519 | 2-bed | 1,063 sqft | AED 2.6MAED 2,600,000 · Jun 2025June 2025 | ||
| 1520 | 1-bed | 721 sqft | AED 1.7MAED 1,700,000 · Jan 2025January 2025 | ||
| 1521 | 3-bed | 2,532 sqft | AED 4.83MAED 4,830,888 · Apr 2023April 2023 | ||
| 1522 | 3-bed | 2,527 sqft | AED 4.72MAED 4,723,490 · Apr 2023April 2023 |
1516, Elvira 2 in numbers
- Sold once: by Dubai Hills Estate on 14 April 2023 for AED 2,267,888, or AED 2,133 per sqft.
- Two-beds in Elvira 2 sold for AED 2,263,888–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,330 per sqft.
Source: Dubai Land Department. Updated 14 April 2023.
Questions about 1516, Elvira 2
What did unit 1516 last sell for?
AED 2,267,888 on 14 April 2023, sold by the developer: AED 2,133 per sqft for 1,063 sqft. It is the only registered sale of the unit.
How big is unit 1516?
1,063 sqft (98.8 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2026.
What is unit 1516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Elvira 2 sold for AED 2,263,888 to 2,600,000 in the last 12 months, around AED 2,194 per sqft.
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Mortgage on 1516, Elvira 2
Starts from the last sale price (AED 2.27M, 14 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,267,888
- Deposit, UAE resident (20%)
- AED 453,578
- Deposit, non-resident (40%)
- AED 907,155
- Monthly over 25 years at 3.7%
- AED 9,279
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →