2-bed · 1,064 sqftElvira 1, Dubai Hills Estate · 5th floor · completed 2026

508, 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 508 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 2.09M31 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Elvira 1

What is 508 worth today?

Last sold for AED 2,086,888 in 2023

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31 Mar 2023Sold by developerOff-plan
AED 2,086,888AED 1,962 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Key facts

Type
2-bed apartment
Size
1,064 sqft
Floor
5th of 16
Parking
1
Developer
Dubai Hills Estate
Completed
2026
Last sold
AED 2.09M · March 2023
Building
Elvira 1

About 508, Elvira 1

508 is a two-bedroom apartment of 1,064 sqft on the 5th floor of Elvira 1, a 16-storey tower in Dubai Hills Estate completed in 2026 by Dubai Hills Estate. The developer sold it on 31 March 2023 for AED 2,086,888, or AED 1,962 per sqft, in line with the AED 1,948 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Elvira 1
2.2M2023202420252026Typical sale price by year: 2023 AED 2,142,888; 2024 AED 2,323,888; 2025 AED 2,350,000Sold by developer, March 2023: AED 2,086,888 (AED 1,962 per sqft)

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

2-beds in Elvira 1, and where 508 sits

All 168 2-beds →

508 last sold in March 2023 at AED 1,962 per sqft, in line with what two-beds in Elvira 1 were fetching at the time (AED 1,948). Over the last 12 months two-beds sold for AED 2,290,000 to 2,960,000, around AED 2,254 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jan 20262,960,000
30 Dec 20252,290,000
29 Jul 20252,450,000
1 Jul 20252,390,000
3 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. 13 sold in the last 12 months.

Typical price per sqft
AED 2,513 Up 11.3%
Typical sale
AED 2.29M
Typical rent
Few contracts
Typical yield
Elvira 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 5th floor

All 446 units in Elvira 1
Value
5013-bedAED 3.49M · Mar 2023
502AED 4.45M · Nov 2025
5031-bedAED 1.3M · Mar 2023
5041-bedAED 1.43M · Mar 2023
5051-bedAED 1.32M · Mar 2023
5061-bedAED 1.42M · Mar 2023
5071-bedAED 1.45M · Mar 2023
1–7 of 31

508, Elvira 1 in numbers

  • Sold once: by Dubai Hills Estate on 31 March 2023 for AED 2,086,888, or AED 1,962 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 2,513 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2023.

Questions about 508, Elvira 1

What did unit 508 last sell for?

AED 2,086,888 on 31 March 2023, sold by the developer: AED 1,962 per sqft for 1,064 sqft. It is the only registered sale of the unit.

How big is unit 508?

1,064 sqft (98.8 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2026.

What is unit 508 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 2,254 per sqft.

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Mortgage on 508, Elvira 1

Starts from the last sale price (AED 2.09M, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,086,888
Deposit, UAE resident (20%)
AED 417,378
Deposit, non-resident (40%)
AED 834,755
Monthly over 25 years at 3.7%
AED 8,538

Plus AED 92,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →