Elvira

Elvira is located in the sought-after neighbourhood of Dubai Hills Estate, and is a premium project by one of the leading developers in Dubai; Emaar Properties. The residential complex will consist of two 16-storey towers and feature a total of 892 residential units with an ultra-contemporary design.

One can choose from an array of 1–3 bedroom apartments, as well as just 12 three–bedroom townhouses and 28 three-bedroom duplexes with breathtaking views of the Dubai Marina skyline and the surrounding leafy spaces of Dubai Hills Estate. You will also be able to enjoy an abundance of natural light from the large floor-to-ceiling windows. The size of the properties range from 693 sq. ft to a generous 3,392 sq. ft.

For the utmost comfort of homeowners, each property will come with 1 or more balconies, a laundry room and walk-in closets in the bedrooms. At the same time, duplexes, townhouses and select 3-bedroom apartments will feature private gardens, where one can relax after a tiring day. The distinctive feature of the luxury townhouses is a direct view of the leafy Dubai Hills Park, which will not be available in other properties.

The initial cost for a comfortable apartment in Elvira is AED 1,290,000 (USD 351,000), whereas the luxury duplexes can be purchased from AED 4,440,000 (USD 1,209,000). Finally, the spacious townhouses have a minimum price tag of AED 4,800,000 (USD 1,307,000).

Other similar recommended residential options in Dubai Hills Estate include Park Horizon, Hills Park, Lime Gardens and Park Field, just to name a few.

Thanks to the convenient location of Elvira which is within close proximity to the Al Khail Road, its residents will be able to easily travel to/from many of Dubai’s key locations. For instance, a 25-minute drive away, there is Dubai Marina, Business Bay and Dubai International Airport, among other coveted destinations. The public transport infrastructure has not been developed yet, so prospective occupants are recommended to use private vehicles or taxis for their commute.

The estimated construction completion date of Elvira is due in Q4 2026. While the property is off-plan, you can take advantage of lower purchase prices and a lucrative payment plan. For more details please contact our real estate agents.

One of the main perks of Elvira is its close proximity to a number of well-established academic institutions, which include GEMS International School, GEMS New Millennium School, GEMS Wellington Academy and Blossom Dubai Hills. All these facilities can be reached within a radius of a 10-minute-drive. As a result, this development will be particularly appreciated by families with children. Another advantage for prospective occupants of Elvira is a special rate on equipment rentals and tickets for attractions in Dubai Hills Park, which is provided to all those living in Dubai Hills Estate.

It is worth considering leasing your property in Elvira, since the average gross ROI for apartments in this area, as of Q1 2023, according to Property Finder, is 7.4%, which is one of the highest in the city. The starting rental price in this neighborhood is AED 68,000 (USD 18,000) per annum. Our property management service is particularly convenient for those who don’t wish to burden themselves with landlord responsibilities but still enjoy a lucrative passive income.

When investing in real estate in Elvira, you have the opportunity to apply either for a 2-year investor visa or a 10-year Golden Visa. In the first case, the minimum qualifying amount stands at AED 750,000 (USD 204,000), whereas a Golden Visa has a minimum investment amount of AED 2,000,000 (USD 545,000).