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Elvira

Dubai Hills Estate , Dubai

AED 1,500,000
≈ AED 1,500,000
Free Residency Visa
Construction Progress41%
Bedrooms
1
Size
627 sqft
Price/Sqft
AED 2,392
Developer

Description

Elvira in Dubai Hills Estate is the latest real estate venture by Emaar Properties. This development offers a range of residential options, including 1, 2, and 3-bedroom apartments, as well as 3-bedroom duplexes and townhouses that boast picturesque vistas of Dubai Hills Park.

Strategically situated near Dubai Hills Mall, Elvira provides convenient access to Al Khail Road and is only a short 15-minute drive from Downtown Dubai. Immerse yourself in a lavish lifestyle surrounded by nature's beauty and lush greenery, while relishing the breathtaking panoramas of Dubai Marina and the city's iconic skyline.

Amenities & Features

Parking Spaces
Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden

Property Details

Property TypeApartment
DeveloperEmaar
ProjectElvira
CommunityDubai Hills Estate
CompletionOff-Plan - Q4 2026
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,500,000
DLD Fee (4%)AED 60,000
Trustee FeeAED 4,200
Agency (2%)AED 30,000
Total InvestmentAED 1,594,200

Expected Annual Returns

Expected Annual RentAED 109,500
Service Charges (Est)-AED 9,405
Net Annual IncomeAED 100,095
Net Annual ROI6.3% (after expenses)
Payback Period15.9 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa10.5 km
Dubai Mall10.6 km
Dubai Airport (DXB)20.4 km
Mall of the Emirates4.5 km
Dubai Marina10.8 km