- From
- AED 950K
- ≈ $259K
- Buyers paid
- −17%
- vs DLD median
- Handover
- Q3 2027
Price per sqft vs registered sales
Dubai Land Department open data · as of 25 Sep 2026−17% below what buyers paid nearby
24 off-plan sales, last 6 months · middle half AED 1,706 – AED 2,311
Off-plan sales, last 6 months, 664 registered sales in the area
Selling pace
4 a month
24 last 6 months
How this is measured
Buyers paid a median of AED 1,962/sqft in this project (off-plan sales, last 6 months, 24 registered sales) against the DLD median of AED 2,364/sqft for apartments in Al Satwa, as of 25 Sep 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Source: Dubai Land Department open data.
How the 60 was scored
5 of 7 factors · 85% of the weight · 25 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
73 → 60 25 Sep 2026, developer record factorScored since 25 Sep 2026 · 1 change
Capped at 60: a project scores at most 15 above its developer's rating of 45. The factors alone give 66.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 60
Registered visitors- All 7 factor scores, with the figure and source behind each
- The 24 registered sales here: date, size, price per sqft
- Score history since 25 Sep 2026 and why each move happened
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- Projects covered
- 1,740
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction
What this means
The Elysian Residence is due to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
10/40/50
- Down payment
- 10%
- During construction
- 40%
- On handover
- 50%
What you’d pay and when
On the starting price of AED 950,000, as the plan splits it.
- 10% at bookingAED 95,000≈ $25.9K
- 40% during construction, until handover (Q3 2027)AED 380,000≈ $103K
- 50% on handover (Q3 2027)AED 475,000≈ $129K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for The Elysian Residence. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/new-mfour-development/the-elysian-residence), read 2026-09-24; found in the Dubai web sweep. Launch date from Property Finder's sales start date.
About
The Elysian Residence is New MFOUR's apartment tower in Jumeirah Garden City, Dubai.
Read more
Prices start at AED 950,000, with handover listed for the third quarter of 2027.
The figures here are the starting price as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- New MFOUR apartment tower in Jumeirah Garden City
- From AED 950,000
- Handover Q3 2027
- Developer
- New MFOUR Development
- Status
- Under construction
- Sales launch
- 1 Apr 2025
- Ownership
- Freehold
Amenities
- Retail Facilities
- Community Hall
- Gymnasium
- Restaurants
- Infinity Pool
- Landscaped Gardens
- Children's Play Area
- Barbecue Area
- Security
Jumeirah Garden City · Dubai
The redevelopment of Al Satwa between Sheikh Zayed Road and Al Wasl Road, new mid-rise apartment buildings on the old plots.
More in Jumeirah Garden City
Compare side by sideAll projects in Jumeirah Garden City
The Elysian Residence: questions buyers ask
How much does The Elysian Residence cost?
Prices at The Elysian Residence start from AED 950,000 (about $259K). Asking prices come from the developer and change without notice.
What is the price per sqft at The Elysian Residence?
Buyers paid a median of AED 1,962 per sqft at The Elysian Residence (off-plan sales, last 6 months, 24 registered sales). Per-sqft prices vary by floor, view and finish within one building.
When is the The Elysian Residence handover date?
The Elysian Residence is expected to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the The Elysian Residence payment plan?
The Elysian Residence is offered on a 10/40/50 plan: 10% on booking, 40% during construction and 50% at handover. Developers change plans between phases, so confirm yours before signing.
Is The Elysian Residence priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,962 per sqft in The Elysian Residence (off-plan sales, last 6 months, 24 registered sales), which is 17% below the median of AED 2,364 per sqft that buyers actually paid for apartments in Al Satwa, across 664 sales registered with DLD. A gap is not a verdict: floor, view and finish all move a price.
What is the Rendr Score of The Elysian Residence?
The Elysian Residence scores 60 of 100 on the Rendr Score, fair, as of 25 Sep 2026. The score weighs seven factors: the price against what buyers paid in Jumeirah Garden City according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of The Elysian Residence?
The Elysian Residence is being developed by New MFOUR Development. It sits in Jumeirah Garden City, Dubai. You can see every project by New MFOUR Development we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at The Elysian Residence?
The Elysian Residence is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is The Elysian Residence registered with DLD?
We do not yet hold a project registration number for The Elysian Residence. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 25 Sep 2026
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/new-mfour-development/the-elysian-residence), read 2026-09-24; found in the Dubai web sweep
Still weighing The Elysian Residence?
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