516, 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.
Property timeline for 516, Elvira 1
What is 516 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,501 sqft
- Floor
- 5th of 16
- Parking
- 2
- Developer
- Dubai Hills Estate
- Completed
- 2026
- Last sold
- AED 3M · March 2023
- Building
- Elvira 1
About 516, Elvira 1
516 is a three-bedroom apartment of 1,501 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 15 March 2023 for AED 3,004,888, or AED 2,001 per sqft, in line with the AED 2,055 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Elvira 1, and where 516 sits
All 110 3-beds →516 last sold in March 2023 at AED 2,001 per sqft, in line with what three-beds in Elvira 1 were fetching at the time (AED 2,055). Over the last 12 months three-beds sold for AED 3,550,000 to 4,640,000, around AED 2,629 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,673 sqft | 4,640,000 | 2,773 | ||
| 9 Jan 20269 January 2026 | 1,501 sqft | 3,900,000 | 2,597 | ||
| 2 Jan 20262 January 2026 | 1,520 sqft | 3,550,000 | 2,335 | ||
| 22 Jul 202522 July 2025 | 1,519 sqft | 3,800,000 | 2,501 |
Elvira 1
Building446 apartments, 1-bed to 3-bed over 16 floors in Dubai Hills Estate, completed in 2026 by Dubai Hills Estate. 12 sold in the last 12 months.
- Typical price per sqft
- AED 2,539 Up 12.4%
- Typical sale
- AED 2.07M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 446 units in Elvira 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,673 sqft | AED 3.49MAED 3,489,888 · Mar 2023March 2023 | ||
| 502 | 1,673 sqft | AED 4.45MAED 4,450,000 · Nov 2025November 2025 | |||
| 503 | 1-bed | 694 sqft | AED 1.3MAED 1,295,888 · Mar 2023March 2023 | ||
| 504 | 1-bed | 702 sqft | AED 1.43MAED 1,430,888 · Mar 2023March 2023 | ||
| 505 | 1-bed | 705 sqft | AED 1.32MAED 1,318,888 · Mar 2023March 2023 | ||
| 506 | 1-bed | 704 sqft | AED 1.42MAED 1,421,888 · Mar 2023March 2023 | ||
| 507 | 1-bed | 721 sqft | AED 1.45MAED 1,445,888 · Mar 2023March 2023 | ||
| 508 | 2-bed | 1,064 sqft | AED 2.09MAED 2,086,888 · Mar 2023March 2023 | ||
| 509 | 2-bed | 1,141 sqft | AED 2.28MAED 2,275,888 · Apr 2023April 2023 | ||
| 510 | 2-bed | 1,102 sqft | AED 2.3MAED 2,304,888 · Jul 2023July 2023 | ||
| 511 | 2-bed | 1,063 sqft | AED 2.4MAED 2,400,000 · Nov 2024November 2024 | ||
| 512 | 3-bed | 1,519 sqft | AED 3.8MAED 3,800,000 · Jul 2025July 2025 | ||
| 513 | 2-bed | 1,063 sqft | AED 2MAED 2,000,000 · Apr 2025April 2025 | ||
| 514 | 3-bed | 1,501 sqft | AED 3.1MAED 3,095,888 · Mar 2023March 2023 | ||
| 515 | 2-bed | 1,063 sqft | AED 2.22MAED 2,224,888 · Aug 2023August 2023 | ||
| 517 | 2-bed | 1,064 sqft | AED 2.23MAED 2,227,888 · Aug 2023August 2023 | ||
| 518 | 3-bed | 1,520 sqft | AED 3.27MAED 3,265,888 · Jun 2023June 2023 | ||
| 519 | 2-bed | 1,063 sqft | AED 2.22MAED 2,224,888 · Aug 2023August 2023 | ||
| 520 | 2-bed | 1,102 sqft | AED 2.13MAED 2,128,888 · Mar 2023March 2023 | ||
| 521 | 2-bed | 1,142 sqft | AED 2.11MAED 2,105,888 · Mar 2023March 2023 | ||
| 522 | 1-bed | 705 sqft | AED 1.32MAED 1,318,888 · Mar 2023March 2023 | ||
| 523 | 2-bed | 1,078 sqft | AED 2.09MAED 2,088,888 · Mar 2023March 2023 | ||
| 524 | 1-bed | 705 sqft | AED 1.32MAED 1,318,888 · Mar 2023March 2023 | ||
| 525 | 1-bed | 696 sqft | AED 1.4MAED 1,404,888 · Mar 2023March 2023 | ||
| 526 | 1-bed | 705 sqft | AED 1.32MAED 1,318,888 · Mar 2023March 2023 | ||
| 527 | 1-bed | 704 sqft | AED 1.43MAED 1,434,888 · Mar 2023March 2023 | ||
| 528 | 1-bed | 704 sqft | AED 1.32MAED 1,316,888 · Mar 2023March 2023 | ||
| 529 | 1-bed | 694 sqft | AED 1.41MAED 1,410,639 · Mar 2023March 2023 | ||
| 530 | 1-bed | 702 sqft | AED 1.5MAED 1,500,000 · Jul 2025July 2025 | ||
| 531 | 3-bed | 1,673 sqft | AED 3.52MAED 3,518,888 · Mar 2023March 2023 | ||
| 532 | 3-bed | 1,673 sqft | AED 3.9MAED 3,900,000 · Apr 2024April 2024 |
516, Elvira 1 in numbers
- Sold once: by Dubai Hills Estate on 15 March 2023 for AED 3,004,888, or AED 2,001 per sqft.
- Three-beds in Elvira 1 sold for AED 3,550,000–4,640,000 in the 12 months to November 2026; the building's median across all types is AED 2,539 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2023.
Questions about 516, Elvira 1
What did unit 516 last sell for?
AED 3,004,888 on 15 March 2023, sold by the developer: AED 2,001 per sqft for 1,501 sqft. It is the only registered sale of the unit.
How big is unit 516?
1,501 sqft (139.4 sqm): a three-bedroom apartment on the 5th floor of a 16-storey tower completed in 2026.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Elvira 1 sold for AED 3,550,000 to 4,640,000 in the last 12 months, around AED 2,629 per sqft.
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Mortgage on 516, Elvira 1
Starts from the last sale price (AED 3M, 15 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,004,888
- Deposit, UAE resident (20%)
- AED 600,978
- Deposit, non-resident (40%)
- AED 1,201,955
- Monthly over 25 years at 3.7%
- AED 12,294
Plus AED 131,216 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →