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Dubai Hills Estate

Elvira 2

2 BR · Apartment · 2 bathrooms

Price history

Listed since 22 October 2026. The price has been cut 2 times — dates and figures from the listing itself.

  1. 29 October 2026 AED 2 750 000
  2. 30 October 2026 AED 2 699 999 -2%
  3. 10 November 2026 AED 2 599 999 -4%

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 NP4-613723

How much is this 2-bedroom apartment in Elvira 2?

Lot NP4-613723 is priced at AED 2 599 999, about $708 000. The size is 1 063 sq ft (99 m²), which works out at AED 2 446 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 2 750 000 to AED 2 599 999: AED 150 001 less, or 5%. It was cut twice. On the market since 22 October 2026.

How does this price compare with other lots in Elvira 2?

The database holds 5 lots in Elvira 2 right now, from AED 1 990 000 to AED 2 599 999. At AED 2 446 per sq ft this lot is 14% below the median for the other lots in the project (AED 2 843).

Is this expensive or cheap for Dubai Hills Estate?

The database holds 106 lots in Dubai Hills Estate, starting from AED 1 320 000. The area median is AED 2 552 per sq ft; this lot, at AED 2 446, is 4% below it. 37 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 520 000; a loan of AED 2 080 000 over 25 years at 3.75–4.99% a year comes to roughly AED 10 700–12 100 a month. A non-resident puts down from 40% (AED 1 040 000) and pays about AED 8 000–9 100 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 104 000 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 2 599 999. 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 2?

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 NP4-613723 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: Elvira 2

Reviews from the English YouTube channel — each one with a written breakdown on this site.

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