Overview

Property Description

Located in the desirable neighbourhood of Dubai Hills Estate, Elvira is a premium development by Emaar Properties, one of the leading developers in Dubai. With its ultra-contemporary design, the residential complex will have two 16-storey towers and 892 residential units. 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 stunning views of the Dubai Marina skyline and the surrounding leafy spaces of Dubai Hills Estate. The size ranges from 693 sq. ft to a generous 3,392 sq. ft. In addition to the abundance of natural light, these properties have large floor-to-ceiling windows. The properties will include 1 or more balconies, laundry rooms, and walk-in closets in the bedrooms to ensure homeowners' comfort. Additionally, duplexes, townhouses, and select 3-bedroom apartments will have private gardens, where one can relax after a busy day. A distinctive feature of these luxury townhouses is their direct view of Dubai Hills Park, which is unavailable in other properties. For example, a comfortable apartment in Elvira costs AED 1,290,000 (USD 351,000), while a luxury duplex starts at AED 4,440,000 (USD 1,209,000) and a spacious townhouse costs AED 4,800,000. Among the other recommended residential options in Dubai Hills Estate are Park Horizon, Hills Park, Lime Gardens, and Park Field. *Prices are valid for 2023 With Elvira's convenient location near the Al Khail Road, residents will be able to easily reach many of Dubai's key locations, thanks to its convenient location. A 25-minute drive will take you to Dubai Marina, Business Bay, and Dubai International Airport, among other coveted destinations. In the absence of a developed public transportation infrastructure, prospective occupants are encouraged to make their commute by private vehicles or taxis. While Elvira is off-plan, you can take advantage of lower purchase prices and a lucrative payment plan. For more information, please contact our agents. As one of Elvira's main advantages, it is close to a variety of academic institutions, including 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. Therefore, this development will be particularly appreciated by families with children.. Elvira residents also enjoy a special rate on equipment rentals and tickets for attractions in Dubai Hills Park, which is available to all Dubai Hills Estate residents. As of Q1 2023, according to Property Finder, the average gross ROI for apartments in Elvira is 7.4%, making it one of the best in the city to lease your property. This neighborhood has a starting rental price of AED 68,000 (USD 18,000) per year. Those who don't wish to deal with landlord responsibilities yet still wish to earn a lucrative passive income can benefit from our property management service. It is possible to apply for either a 2-year investor visa or a 10-year Golden Visa when investing in Elvira real estate. For the first case, the minimum investment amount is AED 750,000 (USD 204,000), while for the golden visa, the minimum investment amount is AED 2,000,000 (USD 545,000).

Features & Amenities

Location