Elvira (Hadaeq Sheikh Mohammed Bin Rashid, Dubai) Price Analytics

Units in Elvira sold at a median price of AED 2,469 per sqft over the last 12 months, based on 84 registered sales in Hadaeq Sheikh Mohammed Bin Rashid. That is about 2.1% above the Hadaeq Sheikh Mohammed Bin Rashid district median. Off-plan purchases made up 100% of Elvira activity at a median AED 2,469 per sqft. The dashboard above opens on this project; the FAQs below cover prices, yields and off-plan activity.

Median sale price per sqft by year
YearMedian AED/sqftRegistered sales
2023AED 2,043879
2024AED 2,16180
2025AED 2,309114
2026 (so far)AED 2,53542

Elvira prices, yields & off-plan - FAQs

What is the average price per square foot in Elvira?

Units in Elvira in Hadaeq Sheikh Mohammed Bin Rashid, Dubai sold at a median price of AED 2,469 per sqft over the last 12 months, across 84 registered sales. The median transaction value was AED 2,400,000.

How do Elvira prices compare with Hadaeq Sheikh Mohammed Bin Rashid overall?

Elvira trades about 2.1% above the Hadaeq Sheikh Mohammed Bin Rashid district median of the last 12 months, based on registered sale prices per sqft. See Hadaeq Sheikh Mohammed Bin Rashid price trends for the full area picture.

How have Elvira prices changed?

The 12-month median price per sqft for Elvira is up 9.3% versus the previous 12 months, per registered Dubai transactions.

How much does an apartment in Elvira cost?

Registered 12-month median prices by layout - 1-bedroom: AED 1,645,000 (median of 36 sales); 2-bedroom: AED 2,500,000 (median of 21 sales); 3-bedroom: AED 3,900,000 (median of 27 sales).

What rental yield can I expect in Elvira?

Indicative gross yields using registered Hadaeq Sheikh Mohammed Bin Rashid rents against Elvira sale prices for the same bedroom count - 1-bedroom: about 5.5% (AED 90,000 district rent vs AED 1,645,000 in Elvira); 2-bedroom: about 5.8% (AED 145,000 district rent vs AED 2,500,000 in Elvira); 3-bedroom: about 6.2% (AED 242,000 district rent vs AED 3,900,000 in Elvira). Gross yield excludes service charges and fees.

Is Elvira selling off-plan?

Off-plan (primary market) purchases made up 100% of the 84 registered Elvira sales in the last 12 months - 84 transactions at a median AED 2,469 per sqft.

Where does this Elvira data come from?

All figures are computed from official DLD (Dubai Land Department) registered transaction records and refreshed with our daily data pipeline. Figures are medians and indicative only, not valuations.

Source: DLD (Dubai Land Department). Data updated 2026-07-11. Medians are computed from registered residential sales; figures are indicative, not valuations.

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