−3% Elvira 1
2 BR · Apartment · 2 bathrooms
Price history
Listed since 28 September 2026. The price has been cut once — dates and figures from the listing itself.
- 12 October 2026 AED 3 000 000
- 19 October 2026 AED 2 900 000 -3%
About the building
Located in Dubai Hills Estate. Developer — Emaar Properties. Architect — Chawla Architectural & Consulting Engineers.
What the building has
- Park and landscaping
Where it is
The pin is placed by project — accurate to the development, not the door.
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 NP4-522432
How much is this 2-bedroom apartment in Elvira 1?
Lot NP4-522432 is priced at AED 2 900 000, about $790 000. The size is 1 077 sq ft (100 m²), which works out at AED 2 693 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 3 000 000 to AED 2 900 000: AED 100 000 less, or 3%. It was cut once. On the market since 28 September 2026.
How does this price compare with other lots in Elvira 1?
The database holds 3 lots in Elvira 1 right now, from AED 1 550 000 to AED 5 200 000.
Is this expensive or cheap for Dubai Hills Estate?
The database holds 108 lots in Dubai Hills Estate, starting from AED 1 240 000. The area median is AED 2 544 per sq ft; this lot, at AED 2 693, is 6% above it. 28 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 still under construction; the seller gives no handover date — I will confirm it with the developer when you ask.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 116 000 for this lot. 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 2 900 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Elvira 1?
The building has 17 floors. The developer is Emaar. Figures are from the project passport: Propsearch and the Dubai Land Department.
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 NP4-522432 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Elvira 1
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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