1-bed · 705 sqftElvira 2, Dubai Hills Estate · 16th floor · completed 2026

1603, Elvira 2

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 1603 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 1.39M22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Elvira 2

What is 1603 worth today?

Last sold for AED 1,388,888 in 2023

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22 Mar 2023Sold by developerOff-plan
AED 1,388,888AED 1,970 per sqft

Source: Dubai Land Department. Updated 22 March 2023.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
16th of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 1.39M · March 2023
Building
Elvira 2

About 1603, Elvira 2

1603 is a one-bedroom apartment of 705 sqft on the 16th floor of Elvira 2, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 22 March 2023 for AED 1,388,888, or AED 1,970 per sqft, in line with the AED 1,966 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in Elvira 2
1.4M1.6M20232024202520262027Typical sale price by year: 2023 AED 1,444,888; 2024 AED 1,525,000; 2025 AED 1,635,000; 2026 AED 1,620,000Sold by developer, March 2023: AED 1,388,888 (AED 1,970 per sqft)

1603 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Elvira 2, and where 1603 sits

All 160 1-beds →

1603 last sold in March 2023 at AED 1,970 per sqft, in line with what one-beds in Elvira 2 were fetching at the time (AED 1,966). Over the last 12 months one-beds sold for AED 1,393,888 to 1,910,000, around AED 2,298 per sqft, and rent for AED 79,385 to 108,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 20261,823,888
23 Oct 20261,500,000
10 Aug 20261,393,888
12 Jun 20261,799,888
15 1-bed sales in the last 12 months

Elvira 2

Building

446 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%
Elvira 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 16th floor

All 446 units in Elvira 2
Value
16011-bedAED 1.39M · Mar 2023
16022-bedAED 2.2M · Apr 2023
16042-bedAED 2.22M · Mar 2023
16052-bedAED 2.35M · Apr 2023
16062-bedAED 2.27M · Apr 2023
16073-bedAED 3.44M · Jun 2023
16082-bedAED 2.28M · Apr 2023
1–7 of 17

1603, Elvira 2 in numbers

  • Sold once: by Dubai Hills Estate on 22 March 2023 for AED 1,388,888, or AED 1,970 per sqft.
  • One-beds in Elvira 2 sold for AED 1,393,888–1,910,000 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 22 March 2023.

Questions about 1603, Elvira 2

What did unit 1603 last sell for?

AED 1,388,888 on 22 March 2023, sold by the developer: AED 1,970 per sqft for 705 sqft. It is the only registered sale of the unit.

How big is unit 1603?

705 sqft (65.5 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2026.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Elvira 2 sold for AED 1,393,888 to 1,910,000 in the last 12 months, around AED 2,298 per sqft.

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Mortgage on 1603, Elvira 2

Starts from the last sale price (AED 1.39M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,388,888
Deposit, UAE resident (20%)
AED 277,778
Deposit, non-resident (40%)
AED 555,555
Monthly over 25 years at 3.7%
AED 5,682

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