The Elysian by MFOUR

Dubai, United Arab Emirates

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Price from

≈ $262,975AED 965,777Rate as of 2026-08-30

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 19,710 / m²

cheaper than 50% of city projects

0% vs the city median (Dubai), sample of 371 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago

Properties

Condominium

Area

34 - 213 m²

Bedrooms

1 - 2

Readiness

Under construction

Available

6 of 6

Dry season

Jul, Aug, Oct

Is this expensive for the city

$5,367per m²cheaper than 50% of city projects

Median $5,369
$2,548$57,363

0% vs the city median (Dubai), sample of 371 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

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What it really costs

Payment plan

  1. Step 1

    On booking

    10%

    $26,298

  2. Step 2

    On contract

    10%

    $26,298

  3. Step 3

    Tax

    4%

    $10,519

  4. Step 4

    Before commissioning

    30%

    $78,893

  5. Step 5

    On transfer

    50%

    $131,488

Total$262,975

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$259$3,948

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$990

Annual income

$11,882

Gross yield

5.7%

Net yield

4.5%

Value in 5 years

$351,920

5-year ROI

56%

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Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct

Wettest months: Jan, Mar, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.2, 55.3. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Under construction

Total units

6

Available

6

Area

34 - 213 m²

Description

Six units make up the entirety of The Elysian by MFOUR, a single-building condo project in Dubai from developer MFOUR. The property is currently under construction, and all six units remain available.

Layouts are limited to one and two bedroom configurations, with sizes ranging from 33.7 to 212.7 square meters. That range covers everything from a compact one-bedroom to a considerably larger two-bedroom unit within the same building.

Prices start at 965,777 AED and go up to 4,247,777 AED, with an average price per square meter of 28,658 AED. The gap between the lowest and highest price corresponds to the gap in unit size, since the largest unit is more than six times the size of the smallest.

The project sits in the Dubai region, in the UAE. With just one building and six units total, the full range of layouts is still open to buyers, as none of the six have sold yet.

Location

Dubai, United Arab Emirates

Market context

Apartment prices

20%

Villa prices

29%

Residential transactions

56,723transactions

+16% YoY

Average apartment rent

AED 107,000

+8.5% YoY

Price per sqm

AED 1,600

+8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

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