1-bed · 696 sqftElvira 2, Dubai Hills Estate · 4th floor · completed 2026

408, Elvira 2

Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 1.52M12 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Elvira 2

What is 408 worth today?

Last sold for AED 1,518,888 in 2023

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12 May 2023Sold by developerOff-plan
AED 1,518,888AED 2,181 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
1-bed apartment
Size
696 sqft
Floor
4th of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 1.52M · May 2023
Building
Elvira 2

About 408, Elvira 2

408 is a one-bedroom apartment of 696 sqft on the 4th floor of Elvira 2, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 12 May 2023 for AED 1,518,888, or AED 2,181 per sqft, 6% above the AED 2,049 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Elvira 2
1.5M1.6M20232024202520262027Typical 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, May 2023: AED 1,518,888 (AED 2,181 per sqft)

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

1-beds in Elvira 2, and where 408 sits

All 160 1-beds →

408 last sold in May 2023 at AED 2,181 per sqft, 6% above what one-beds in Elvira 2 were fetching at the time (AED 2,049). 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 4th floor

All 446 units in Elvira 2
Value
4013-bedAED 3.8M · May 2023
4023-bedAED 3.8M · May 2023
4031-bedAED 1.53M · Jan 2025
4041-bedAED 1.54M · Mar 2023
4051-bedAED 1.57M · Sep 2025
4061-bedAED 1.63M · Feb 2025
4071-bedAED 1.43M · Mar 2023
1–7 of 31

408, Elvira 2 in numbers

  • Sold once: by Dubai Hills Estate on 12 May 2023 for AED 1,518,888, or AED 2,181 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 12 May 2023.

Questions about 408, Elvira 2

What did unit 408 last sell for?

AED 1,518,888 on 12 May 2023, sold by the developer: AED 2,181 per sqft for 696 sqft. It is the only registered sale of the unit.

How big is unit 408?

696 sqft (64.7 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2026.

What is unit 408 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 408, Elvira 2

Starts from the last sale price (AED 1.52M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,888
Deposit, UAE resident (20%)
AED 303,778
Deposit, non-resident (40%)
AED 607,555
Monthly over 25 years at 3.7%
AED 6,214

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