The Elysian: off-plan project in Jumeirah Garden City
The Elysian is an off-plan residential apartment project in Jumeirah Garden City, registered with the Dubai Land Department as project no. 3557 and developed by New M F O U R Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 49 off-plan sales were registered there at a median price of AED 1,565,388 (AED 2,243 per sq ft); 80% of sales fall between AED 995,232 and AED 2,122,430.
- 49off-plan sales in 12 months
- AED 1,565,388median sale price
- AED 2,243median price per sq ft
- 0%construction progress (DLD)
- August 2027end date in the register
- 84registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 2,243 per sq ft, The Elysian is in line with the median of off-plan sales across the 17 projects tracked in Jumeirah Garden City (AED 2,250 per sq ft), and 26.9% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 49 off-plan sales in 9 months since the first registered sale (January 2026), about 5 a month; number 8 by sales in Jumeirah Garden City over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end August 2027.
- Profile: a varied offer, 3 unit types sold, the most popular (apartment · 1 bedroom) at 38.8% of sales.
The Elysian: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3557 |
| Registered developer | New M F O U R Real Estate Development L.L.C (developer no. 1934) |
| Master developer | Meraas Estates (L.L.C) |
| Community (master project) | Jumeirah Garden City |
| DLD area | Al Satwa |
| Register status | not started |
| Construction progress | 0% |
| Project start | April 1, 2025 |
| Planned end | August 31, 2027 |
| Registered units | 84 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
The Elysian off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 1,025,074.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 17 | AED 1,025,074 | 949,230 – 1,126,777 | 39 m² (420 sq ft) | AED 2,397 |
| Apartment · 1 bedroom | 19 | AED 1,607,777 | 1,409,960 – 1,666,777 | 67 m² (721 sq ft) | AED 2,184 |
| Apartment · 2 bedrooms | 13 | AED 1,842,777 | 1,709,744 – 2,443,700 | 72 m² (775 sq ft) | AED 2,018 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 1 bedroom: 38.8% of off-plan sales, with a median size of 67 m² (66 to 93 m² for 80% of them).
- Apartment · 1 bedroom: 38.8% (19 sales)
- Apartment · Studio: 34.7% (17 sales)
- Apartment · 2 bedrooms: 26.5% (13 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
The Elysian off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,283 in Q1 2026 to AED 1,958 in Q2 2026 (-14.2%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2026 | 30 | AED 2,283 | — |
| Q2 2026 | 17 | AED 1,958 | -14.2% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Jumeirah Garden City
To gauge the rental market around The Elysian: annual rents of Ejari contracts registered in Jumeirah Garden City over the last 12 months (3,663 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 304 | AED 58,000 | 52,000 – 66,000 |
| Apartment · 1 bedroom | 1,854 | AED 72,500 | 64,000 – 80,000 |
| Apartment · 2 bedrooms | 1,474 | AED 95,000 | 83,000 – 105,000 |
| Apartment · 3 bedrooms | 31 | AED 150,000 | 110,000 – 194,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is The Elysian?
The Elysian is in Jumeirah Garden City (DLD area Al Satwa), Dubai.
- Nearest metro station: Trade Centre Metro Station
- Nearest shopping mall: Dubai Mall
- Nearest landmark: Burj Khalifa
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Jumeirah Garden City
- All DLD sales at The Elysian (new and resale)
- Jumeirah Garden City property prices
- Jumeirah Garden City rents
- All New M F O U R Real Estate Development L.L.C projects
Other off-plan projects in Jumeirah Garden City
- Linea by Holm — AED 2,601/sq ft
- Holm One — AED 2,228/sq ft
- Evergrin House 2 — AED 2,430/sq ft
- Enso Jade — AED 2,153/sq ft
- Villea West — AED 2,376/sq ft
- Rabdan Gardens — AED 2,215/sq ft
- Jad 288 — AED 2,250/sq ft
- Elmora — AED 2,795/sq ft
Same budget elsewhere in Dubai (around AED 1,565,388)
- Royal Regency Suites, Business Bay — AED 1,561,850
- Sukoon by Nuri, Meydan Racecourse Community — AED 1,569,500
- Golf Vale, Dubai World Central — AED 1,561,388
- Rosewell, Town Square — AED 1,569,888
- Eleve by Deyaar, Downtown Jebel Ali — AED 1,558,328
- California Residences, Wadi Al Safa 4 — AED 1,577,194
Projects presented by Cevitas
Frequently asked questions
How much does a home at The Elysian cost?
Over the last 12 months, the 49 off-plan sales registered with the DLD show a median price of AED 1,565,388, or AED 2,243 per sq ft; 80% fall between AED 995,232 and AED 2,122,430. The developer's current prices are on its price list.
When will The Elysian be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of August 31, 2027. The handover date is confirmed by the developer.
Who is the developer of The Elysian?
The DLD register lists New M F O U R Real Estate Development L.L.C (developer no. 1934), in a community developed by Meraas Estates (L.L.C).
What unit types are sold at The Elysian?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (19), apartment · studio (17), apartment · 2 bedrooms (13). Best-selling type: apartment · 1 bedroom, at a median AED 1,607,777 for 67 m².
Has the price per sq ft at The Elysian changed?
The median off-plan price moved from AED 2,283 per sq ft in Q1 2026 to AED 1,958 in Q2 2026, based on DLD-registered sales.
How do I get the The Elysian price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.