Elvira 2
2 BR · Apartment · 2 bathrooms
Price history
Listed since 9 October 2026. The price has been cut once — dates and figures from the listing itself.
- 9 October 2026 AED 2 530 000
- 15 October 2026 AED 2 390 000 -6%
Where it is
The pin is placed by district — I send the exact address on request.
Dubai Hills Estate
Emaar’s flagship family masterplan: a golf course, a park, a mall and schools, eleven minutes from Downtown.
- families with children
- long-term holds
- reliable community management
What to check: Confirm what is still under construction around your specific phase — parts of the masterplan were finished years ago and others are active sites, and the difference in daily life and achievable rent is large.
Full district guide →Questions and answers about lot NP4-509878
How much is this 2-bedroom apartment in Elvira 2?
Lot NP4-509878 is priced at AED 2 390 000, about $651 000. The size is 1 067 sq ft (99 m²), which works out at AED 2 240 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 530 000 to AED 2 390 000: AED 140 000 less, or 6%. It was cut once. On the market since 9 October 2026.
Is this expensive or cheap for Dubai Hills Estate?
The database holds 107 lots in Dubai Hills Estate, starting from AED 1 240 000. The area median is AED 2 518 per sq ft; this lot, at AED 2 240, is 11% below it. 26 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Hills Estate area guide →Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 478 000; a loan of AED 1 912 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 800–11 200 a month. A non-resident puts down from 40% (AED 956 000) and pays about AED 7 400–8 400 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 95 600 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 390 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What does the seller say about the property itself?
From the listing: bathrooms — 2.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-509878 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Elvira 2
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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