NEW M F O U R REAL ESTATE DEVELOPMENT L.L.C

The Elysian

Under Construction · Date not reported|84 units · 1 building

The Elysian is an under-construction development by NEW M F O U R REAL ESTATE DEVELOPMENT L.L.C in Al Satwa, comprising 84 registered units. 53 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,964 per sqft. At AED 1,964 per sqft, The Elysian prices 11% below the Al Satwa median of AED 2,214 per sqft on registered sales.

PIX© price

1.73MAED

Typical

1,964AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationAl Satwa

Drive times · typical

Downtown Dubai12 min · 6.9 km

DXB Airport10 min · 9.7 km

DIFC12 min · 4.8 km

Dubai Marina24 min · 24.8 km

Palm Jumeirah24 min · 27.1 km

Nearest · straight-line

Metro stationWorld Trade Centre Metro Station0.5 km

MallFairmont Dubai Office Towers0.3 km

SchoolUpshift0.3 km

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor unknown

…

Land, The Elysian

Size
Record: Jan 2018 to Jul 2024
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	1 Jul 2024				2.2 yrs	Current owner
1Owner 1	29 Jan 2018				6.4 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Land · The Elysian

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

The Elysian1,964AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend
PIX© Core Project-Wide 363 - 3,146 sqft	84	1.73M	1,964	-
Residential
Studio · Apartment 363 - 506 sqft	24			-
1 Bed · Apartment 709 - 1,006 sqft	29			-
2 Bed · Apartment 771 - 2,289 sqft	25			-
3 Bed · Apartment 3,146 sqft	1	-	-	-	-
Commercial
Shop 1,020 - 2,477 sqft	5			-

No rental contracts registered - the project has not handed over.

Sales - Project-Wide53 DLD records

PIX© price analysis

All time

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
6 Aug 2026	1 Bed	The Elysian · Floor 2	1,006	1,649,938	1,640	-	Entry Level	Off-Plan Sale
10 Jul 2026	Studio	The Elysian · Floor 1	416	977,544	2,347	-	Standard	Off-Plan Sale
22 Jun 2026	2 Bed	The Elysian · Floor 2	1,316	2,248,106	1,708	-	Entry Level	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

The Elysian

Compared with

Rabdan Gardens

PIX© PSF

2,227

Rank

#16 of 35

#15 of 35

Typical price

1.60M

Yield

—

Units

Sales

Rents

—

Developer

NEW M F O U R REAL ESTATE DEVELOPMENT L.L.C

RABDAN GARDENS REAL ESTATE DEVELOPMENTS L.L.C

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Evergrin House 2 OBJ1 REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	193					159	—
	Jad 288 Building 2 JAD GLOBAL REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	75					33	—
	DGM Vision D G M VISION HOUSE REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	95					48	2
	Jad 288 Building 3 JAD GLOBAL REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	76					22	—
	Rabdan Gardens RABDAN GARDENS REAL ESTATE DEVELOPMENTS L.L.C · U/C · Off-plan pricing	90					78	—
16	The Elysian NEW M F O U R REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	84	2,227	Subject	1.60M	—	53	—
	Jardin Astral GALAXY REALTY L.L.C · U/C · Off-plan pricing	44					38	—
	Chelsea Gardens ALAIA DEVELOPMENTS L.L.C · U/C · Off-plan pricing	59					35	—
	Coral by Vision CLEAR VISION REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	88					71	29
	Holm One HOLM AVENUE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	218					180	—
	Hyde Walk IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · Completed · Off-plan pricing	89					102	31

Community median 2,214 AED/sqft. Showing the closest-ranked peers of 35 ranked projects in the community. 3 community projects excluded for insufficient recorded sales. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Al Satwa

The closest-priced registered projects in Al Satwa.

Rose Gardens 1AED 2,017/sqft
171 Garden HeightsAED 2,025/sqft
161 Jumeirah LaneAED 2,038/sqft
Stamn OneAED 2,058/sqft
Arista OneAED 1,853/sqft
Whitestone ResidenceAED 2,091/sqft

Common questions about The Elysian

Answered from Dubai Land Department registered transactions.

How much does a property in The Elysian cost?

Property in The Elysian sells at a current PIX© price of AED 1,964 per sqft, or about AED 1,734,451 for a typical unit, based on 53 sales registered with the Dubai Land Department.

When is The Elysian handing over?

The Elysian is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of The Elysian?

The Elysian is developed by NEW M F O U R REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in The Elysian?

The Elysian holds 84 registered units, per the Dubai Land Department unit register.