Elan

P1 — Delivered Off-Plan Primary
Developer Majid Al Futtaim (MAF Group)
Community Tilal Al Ghaf
Property type Villa
Data updated Mar 18, 2026

Elan is a Delivered development by Majid Al Futtaim (MAF Group) in Tilal Al Ghaf. 916 units across 3 Bedroom (67%), 4 Bedroom (33%). Over the trailing 12 months, 1,608 sales at a median of AED 3,900,000.

Key Metrics
Median Price
Value
AED 3,900,000
Change
10.0% YoY
Transactions
Value
1,608
Change
76 in period
Price / sqft
Value
AED 1,802
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,900,000
↑ 10.0% YoY
Transactions
1,608
↑ 76 in period
Price / sqft
AED 1,802
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
17.2%
Holding Period
Value
1.6 yrs
Liquidity
Value
8.3%
Price Dispersion
Value
19.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
44.3%
Capital Return
17.2%
Holding Period
1.6 yrs
Liquidity
8.3%
Price Dispersion
19.1%
Ready Market Mix
0.0%
Rental Activity
44.3%

Rental Performance

Rental Volume
Value
1,372
Avg Annual Rent
Value
AED 199,777
New Leases
Value
63.7%
Renewals
Value
36.3%
Rental Volume
1,372
Avg Annual Rent
AED 199,777
New Leases
63.7%
Renewals
36.3%

Unit Mix

By bedroom type
3 Bedroom 611 units · 67%
4 Bedroom 305 units · 33%

Transaction Breakdown

All time — 1608 transactions
Off-Plan Primary
914
Off-Plan Secondary
318
Ready Secondary
376

Price History

Median Price — Elan

Median prices in Elan have softened, declining 7% to AED 4.1M over the past 12 months.

Recent Transactions

Showing last 10 of 1608
Date Type Price (AED) Size (sqft) AED/sqft
Mar 18, 2026 RP Secondary 3,850,000 2,142 1,797
Mar 16, 2026 RP Secondary 4,180,624 2,142 1,951
Mar 16, 2026 RP Secondary 4,500,000 2,379 1,890
Mar 13, 2026 RP Secondary 3,900,000 2,379 1,638
Mar 12, 2026 RP Secondary 4,300,000 2,142 2,007
Mar 11, 2026 RP Secondary 4,525,000 2,379 1,901
Mar 09, 2026 RP Secondary 4,000,000 2,142 1,867
Mar 02, 2026 RP Secondary 3,900,000 2,142 1,820
Feb 16, 2026 RP Secondary 4,500,000 2,379 1,890
Feb 11, 2026 RP Secondary 3,700,000 2,142 1,727

This project is in Tilal Al Ghaf

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