Elvira

Off-Plan

DeveloperDUBAI HILLS ESTATE L.L.C

CommunityDubai Hills Estate

AreaHadaeq Sheikh Mohammed Bin Rashid

Started

2 years 8 months ago28-04-2023

Handover

In 11 months31-12-2026

Status

68% BuiltIn Progress

Project Description

B+G+2 Buildings each 16 floors Residential, the project designed to have a concrete structure and block with internal and external finishes

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+3%

Growth

Current:AED 2,383/sqft

Last 12M:AED 2,317/sqft

Momentum: Last 12Mvs Prior Year

Rising

+6%

Growth

Last 12M:AED 2,317/sqft

Prior Year:AED 2,178/sqft

Community Compare: Last 90DDubai Hills Estate

Premium

+7%

Above Avg

Project:AED 2,383/sqft

Community:AED 2,230/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

109Sold (Last 12M)

Supply & Demand Matrix

Elvira averaged 12% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

320 units

55 sold265 left

17%

Velocity

2 Bedrooms

344 units

26 sold318 left

Velocity

3 Bedrooms

228 units

28 sold200 left

12%

Velocity

Shop

10 units

0 sold10 left

Velocity

Layouts & Units (902)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 56 units	Type Flat	Beds 3 B/R	Size 1,501 sqft	Avg Price AED 3.3M	Last Price AED 3.9M	Last Sold 14 days ago	Sales 70

Units 28 units	Type Flat	Beds 1 B/R	Size 721 sqft	Avg Price AED 1.5M	Last Price AED 1.9M	Last Sold 15 days ago	Sales 38

Units 56 units	Type Flat	Beds 3 B/R	Size 1,519 sqft	Avg Price AED 3.3M	Last Price AED 3.5M	Last Sold 18 days ago	Sales 64

Units 188 units	Type Flat	Beds 1 B/R	Size 704 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 24 days ago	Sales 232

Units 192 units	Type Flat	Beds 2 B/R	Size 1,063 sqft	Avg Price AED 2.2M	Last Price AED 2.3M	Last Sold 24 days ago	Sales 221

Units 64 units	Type Flat	Beds 3 B/R	Size 1,673 sqft	Avg Price AED 3.8M	Last Price AED 4.4M	Last Sold 25 days ago	Sales 81

Units 40 units	Type Flat	Beds 1 B/R	Size 702 sqft	Avg Price AED 1.5M	Last Price AED 1.6M	Last Sold about 2 months ago	Sales 53

Units 64 units	Type Flat	Beds 1 B/R	Size 694 sqft	Avg Price AED 1.5M	Last Price AED 1.8M	Last Sold about 2 months ago	Sales 79

Units 2 units	Type Flat	Beds 3 B/R	Size 1,973 sqft	Avg Price AED 3.4M	Last Price AED 3.5M	Last Sold about 2 months ago	Sales 3

Units 64 units	Type Flat	Beds 2 B/R	Size 1,142 sqft	Avg Price AED 2.2M	Last Price AED 2.5M	Last Sold 2 months ago	Sales 70

Units 60 units	Type Flat	Beds 2 B/R	Size 1,102 sqft	Avg Price AED 2.3M	Last Price AED 2.5M	Last Sold 4 months ago	Sales 71

Units 28 units	Type Flat	Beds 2 B/R	Size 1,078 sqft	Avg Price AED 2.3M	Last Price AED 2.9M	Last Sold 5 months ago	Sales 36

Units 12 units	Type Flat	Beds 3 B/R	Size 2,395 sqft	Avg Price AED 5.2M	Last Price AED 5.8M	Last Sold 5 months ago	Sales 14

Units 8 units	Type Flat	Beds 3 B/R	Size 2,500 sqft	Avg Price AED 4.8M	Last Price AED 6.0M	Last Sold 10 months ago	Sales 9

Units 14 units	Type Flat	Beds 3 B/R	Size 2,532 sqft	Avg Price AED 4.7M	Last Price AED 6.0M	Last Sold about 1 year ago	Sales 15

Units 4 units	Type Flat	Beds 3 B/R	Size 2,106 sqft	Avg Price AED 3.3M	Last Price AED 3.4M	Last Sold over 1 year ago	Sales 5

Units 6 units	Type Flat	Beds 3 B/R	Size 2,527 sqft	Avg Price AED 4.7M	Last Price AED 4.8M	Last Sold almost 2 years ago	Sales 7

Units 2 units	Type Flat	Beds 3 B/R	Size 2,228 sqft	Avg Price AED 3.3M	Last Price AED 3.4M	Last Sold almost 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 3 B/R	Size 2,294 sqft	Avg Price AED 4.0M	Last Price AED 4.1M	Last Sold almost 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 3 B/R	Size 3,392 sqft	Avg Price AED 4.4M	Last Price AED 4.6M	Last Sold almost 3 years ago	Sales 2

Units 2 units	Type Shop	Beds —	Size 833 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 839 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,033 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,045 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Shop	Beds —	Size 1,355 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

25 unique layouts covering 902 units