Elvira in Dubai Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Elvira

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	65	22,723	1,484,944
2	99	23,159	2,290,000
3	146	27,187	3,966,667

The price of an apartment in Elvira is 25,716 AED/sqm on average.

Price for off-plan 1 bedroom apartment in Elvira is 1,484,944 AED or 22,723 AED/sqm.
Price for off-plan 2 bedroom apartment in Elvira is 2,290,000 AED or 23,159 AED/sqm.
Price for off-plan 3 bedroom apartment in Elvira is 3,966,667 AED or 27,187 AED/sqm.

About Elvira

'Elvira' in 'Dubai Hills' area project description

Elvira is an impressive residential project situated in the highly sought-after Dubai Hills area, which is a part of the expansive Mohammed Bin Rashid City. This development by Emaar Properties is designed to offer a blend of luxury, comfort, and an enriched lifestyle to its residents. The project, nestled amidst lush greenery and tranquil landscapes, is ideal for those looking for a serene yet well-connected living environment.

The architectural design of Elvira is both modern and elegant, featuring sleek lines, premium finishes, and thoughtfully planned layouts. The residences range from spacious apartments to luxurious townhouses and villas, catering to various preferences and family sizes. Each unit is meticulously designed to maximize space and natural light, creating a warm and inviting atmosphere. High-quality materials and contemporary fittings are used throughout, ensuring durability and a touch of sophistication.

Elvira is not only about luxurious homes but also about a community-centric lifestyle. The development boasts a plethora of amenities that cater to every aspect of modern living. There are well-equipped fitness centers, swimming pools, and sports facilities for the health-conscious residents. Families with children will appreciate the dedicated play areas and parks, as well as the proximity to top-tier educational institutions. For those who enjoy outdoor activities, Dubai Hills Park, one of the largest urban parks in the region, is just a stone's throw away, offering extensive walking and cycling tracks, open spaces for picnics, and various recreational facilities.

Moreover, residents of Elvira will have easy access to the Dubai Hills Mall, a premier shopping destination slated to be one of the largest in the region. The mall will feature an array of retail outlets, dining options, and entertainment venues, providing a comprehensive shopping and leisure experience.

Transport connectivity is another significant advantage of Elvira. The strategic location in Dubai Hills Estate ensures that major landmarks like Downtown Dubai, Dubai Marina, and Dubai International Airport are easily accessible via key road networks like Al Khail Road and Sheikh Mohammed Bin Zayed Road. This makes commuting to different parts of the city convenient for both working professionals and families.

Sustainability is also a key focus of the Elvira project. Emaar has incorporated eco-friendly practices in the development, including energy-efficient building designs, water conservation measures, and green spaces, contributing to a healthier living environment.

Elvira in Dubai Hills emerges as a distinctive residential community that offers a harmonious blend of luxury, convenience, and sustainability, catering to the nuanced needs of modern urban living.

Q&A on Elvira

What are the advantages of 'Elvira' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Dubai Hills Estate is a highly sought-after area due to its strategic location, offering easy access to key landmarks like Downtown Dubai, Dubai Marina, and major highways.
2. Community Amenities: Elvira enjoys proximity to top-tier amenities such as schools, hospitals, shopping malls, and dining options within Dubai Hills Estate.
3. Recreational Facilities: The project benefits from the extensive recreational facilities available in the area, including parks, landscaped gardens, and sports clubs.
4. Golf Course Access: Proximity to an 18-hole championship golf course is attractive to both golf enthusiasts and those seeking a plush lifestyle.
5. Investment Potential: Properties in Dubai Hills Estate have shown good appreciation in value, making it a strong investment option.
6. High-Quality Construction: Developed by a reputed real estate developer, ensuring premium quality construction and attention to detail.
7. Luxury Lifestyle: Offers elegant design, luxury amenities, and spacious living, aligning with Dubai’s upscale living standards.

Disadvantages:
1. Price Point: The luxury offerings come with a high price tag, which may not be affordable for first-time buyers or those looking for budget-friendly options.
2. Construction Ongoing: If the project or nearby projects are still under construction, occupants might face inconveniences related to noise and dust.
3. High Service Charges: Luxury properties often come with high service and maintenance charges.
4. Market Volatility: Dubai's real estate market can be volatile, and investments carry the risk of fluctuating property values.
5. Traffic Concerns: As the area develops, increased traffic congestion could become a concern despite the well-planned infrastructure.
6. Limited Availability: High demand can result in limited availability, pushing potential buyers to act quickly or miss out.
7. Long-term ROI: While the area shows good appreciation, the ROI might take longer compared with emerging market areas.

What projects are better than 'Elvira' project in Dubai which are located close by, and why?

Emaar's Golf Place in Dubai Hills Estate offers luxurious villas with stunning golf course views and landscaped gardens, providing a more exclusive living experience compared to Elvira. These villas come with superior amenities, larger plot sizes, and a premium neighborhood vibe.

Sidra Villas, also by Emaar, cater to a high-end, family-friendly lifestyle with spacious independent homes, well-designed community spaces, parks, and extensive healthcare and educational facilities nearby, providing a more comprehensive family living environment than Elvira.

Maple at Dubai Hills Estate is tailored for families seeking townhouses with a modern design, abundant greenery, and communal facilities, offering a balanced mix of social and private spaces, enhancing community interaction while maintaining a sense of privacy that some may find lacking in Elvira.

What are the closest schools to 'Elvira' project in Dubai?

Here are the closest schools to the 'Elvira' project in the Dubai Hills area:

- GEMS International School – Located in Al Khail Road, Dubai Hills Estate.
- GEMS New Millennium School – Located in Al Khail Road, Dubai Hills Estate.
- GEMS Wellington Academy – Located in Al Khail Road, near Dubai Hills.
- Kings' School Al Barsha – Situated in Al Barsha South, close to Dubai Hills Estate.
- Nord Anglia International School – Located in Al Barsha 2, a short drive from Dubai Hills.

What are the closest medical clinics to 'Elvira' project in Dubai?

- King's College Hospital London, located at Dubai Hills Estate, Al Marabea Third St.
- Magnum Gulf Medical Center, situated in the Marina Arcade Tower, Dubai Marina.
- MediClinic Dubai Mall, found within The Dubai Mall, Downtown Dubai.
- Al Zahra Hospital, located on Sheikh Zayed Road in Al Barsha.