# The Elysian

The Elysian is a project by New M F O U R Real Estate Development L.L.C, recorded at 5% complete at its last Dubai Land Department inspection. 53 sales registered in the trailing 12 months at a median AED 1.58M (2 243 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | New M F O U R Real Estate Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 5% | DLD verified |
| Registered with DLD | 13 Aug 2025 | DLD verified |
| Construction started | 1 Apr 2025 | DLD verified |
| Declared completion | 31 Aug 2027 | DLD verified |
| Units in the project | 84 | DLD verified |
| Project area | 7 049 sqm | DLD verified |
| Escrow agent | United Bank Limited (Management Office) | DLD verified |
| Project number | 3557 | DLD verified |

The Elysian is a project by New M F O U R Real Estate Development L.L.C, recorded at 5% complete at its last Dubai Land Department inspection. 53 sales registered in the trailing 12 months at a median AED 1.58M (2 243 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.58M | — |
| Interquartile range | AED 1.08M – AED 1.78M | |
| Median price per sqft | 2 243 AED | — |
| Registered sales, 12 months | 53 | — |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 17 | AED 1.03M | 2 397 | 415 sqft | — | — |
| 1-bedroom apartments | 19 | AED 1.61M | 2 184 | 721 sqft | — | — |
| 2-bedroom apartments | 13 | AED 1.84M | 2 018 | 771 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Apr 2026 | 14 | 1 992 | 1 957 – 2 276 |
| Mar 2026 | 12 | 2 233 | 2 094 – 2 341 |
| Feb 2026 | 7 | 2 283 | 2 273 – 2 340 |
| Jan 2026 | 11 | 2 286 | 2 230 – 2 480 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/the-elysian/  
**Suggested citation:** Continental Club Property, "The Elysian", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/the-elysian/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.