Elvira 2

P2b — Under Construction Off-Plan Primary
Developer Emaar Properties PJSC
Community Dubai Hills Estate
Property type Apartment
Data updated Apr 01, 2026

Elvira 2 is a Under Construction development by Emaar Properties PJSC in Dubai Hills Estate. 446 units across 2 Bedroom (39%), 1 Bedroom (36%), 3 Bedroom (26%). Over the trailing 12 months, 545 sales at a median of AED 2,390,000.

Key Metrics
Median Price
Value
AED 2,390,000
Change
9.9% YoY
Transactions
Value
545
Change
53 in period
Price / sqft
Value
AED 2,431
Handover Status
Value
P2b
Change
Under Construction
Median Price
AED 2,390,000
↑ 9.9% YoY
Transactions
545
↑ 53 in period
Price / sqft
AED 2,431
Handover
P2b
Under Construction
Investment Analytics
Capital Return
Value
27.6%
Community avg
Holding Period
Value
2.0 yrs
Community avg
Ready Market Mix
Value
0.0%
Community avg
Capital Return
27.6%
Community avg
Holding Period
2.0 yrs
Community avg
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
1 Bedroom 160 units · 36%
2 Bedroom 172 units · 39%
3 Bedroom 114 units · 26%

Transaction Breakdown

All time — 545 transactions
Off-Plan Primary
447
Off-Plan Secondary
98

Price History

Median Price — Elvira 2

Median prices in Elvira 2 have declined significantly, down 25% to AED 1.5M over the past 13 months.

Recent Transactions

Showing last 10 of 545
Date Type Price (AED) Size (sqft) AED/sqft
Apr 01, 2026 OP Secondary 1,500,000 703 2,130
Mar 31, 2026 OP Secondary 4,000,000 1,519 2,632
Mar 27, 2026 OP Secondary 1,650,000 703 2,343
Mar 25, 2026 OP Secondary 4,000,000 1,501 2,664
Mar 23, 2026 OP Secondary 4,530,430 1,673 2,707
Mar 11, 2026 OP Secondary 2,600,000 1,063 2,444
Mar 06, 2026 OP Secondary 4,410,000 1,672 2,636
Feb 27, 2026 OP Secondary 1,910,000 721 2,648
Feb 13, 2026 OP Secondary 3,900,000 1,501 2,598
Feb 10, 2026 OP Secondary 1,620,000 704 2,298

This project is in Dubai Hills Estate

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Dubai Hills Estate analysis →