- Sold from49 sales, 12 months · DLD; cheapest: all studios
- AED 995K≈ $271K
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 950K
- Buyers paid vs DLD median
- −6%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 995K
- 49 sales, 12 months · DLD; cheapest: all studiosListed from AED 950K
- Bedrooms
- Studio to 3 bed
- 363 – 3,146 sqft · 84 units
- Payment plan
- 10/40/50
- AED 95K to book
- Handover
- Q3 2027
- 0% built per the DLD
Homes and floor plans
84 homes · FreeholdPick a home: the plan and the forecast follow it.
Paid: middle half of each type's off-plan sales, Jan–Aug 2026 · DLD
Payment plan · studio
On AED 966K- 10% at bookingAED 96.6K
- 40% during construction, until handover (Q3 2027)AED 386K
- 50% on handover (Q3 2027)AED 483K
Before the keys: AED 483K, 50% of the price.
Location · 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.
Forecast
What the studio could be worth
More in Jumeirah Garden City
Compare side by sideAll projects in Jumeirah Garden City
The in-depth review
Why it scores 67
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026−6% below what buyers paid nearby
49 off-plan sales, since 1 Jan 2026
Off-plan sales, last 6 months, in the register's Al Satwa district, 305 registered sales in the area · middle half AED 2,161 – AED 2,565
Our estimate from the listed prices and unit sizes
Off-plan sales pace
0.7 a month
4 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 2,243/sqft in this project (off-plan sales, since 1 Jan 2026, 49 registered sales, as of 10 Nov 2026) against the DLD median of AED 2,397/sqft for apartments in Jumeirah Garden City, as of 10 Nov 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. Asking from AED 2,205/sqft (est.). Source: Dubai Land Department open data.
How the 67 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 49 registered off-plan sales here, against the median of 305 off-plan sales in Jumeirah Garden City · DLD
- Developer track record
- Our rating
- Payment plan
- 10% down · 40% during construction · 50% on handover
- Location and infrastructure
- Our rating of Jumeirah Garden City, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 79 resales of finished apartments in Jumeirah Garden City this year · DLD
- Construction on schedule
- 0% built on the DLD register, handover Q3 2027
- How much is still being built nearby
- 1,153 homes sold in Jumeirah Garden City this year, 93% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 49 registered sales, against 305 in the area; the developer's record is not on either register under the names we hold, so its rating rests on its own pages and the press.
80 → 67 25 Sep 2026; developer record now measuredScored since 25 Sep 2026 · 1 score change
Capped at 67: a project's weighted average sits at most 15 above its developer's track record of 45, so at 60, which is 67 on the Rendr scale. The factors alone give 70.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
Share this score
Show this score on your site
Paste this where the badge should appear. It links back here and updates when the Rendr Score does.
Score card · Change card (1080 × 1350, for posting).
Free · 90 days · the whole site
The full breakdown behind the 67
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 49 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Score history since 25 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at The Elysian Residence, and everything behind the 67.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2027 in Jumeirah Garden City: 7 more projects we list
New MFOUR Development: nothing delivered in the last ten years, none cancelled.
The Elysian Residence is due to hand over in Q3 2027. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration3557
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, ezre.ae, read 5 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q3 2027. Ask for the date in the sales agreement.3Today's price list
AED 950,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
10% at booking, 40% during construction, 50% at handover. Ask for each payment's date and amount.
About
The Elysian Residence is New MFOUR's apartment tower in Jumeirah Garden City, Dubai.
- Developer
- New MFOUR Development
- Status
- Under construction
- Sales launch
- 1 Apr 2025
- Total units
- 84
- Storeys
- 9
- Ownership
- Freehold
Amenities
- Retail Facilities
- Community Hall
- Gymnasium
- Restaurants
- Infinity Pool
- Landscaped Gardens
- Children's Play Area
- Barbecue Area
- Security
What’s nearby
straight-line distance- Metro or tram stop460 m
- Supermarket or mall480 m
- Hospital or clinic510 m
- School1.2 km
- Beach2.1 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments5.1% in Al Satwa as a whole. A median rent of AED 91 per sqft a year on 1,237 new tenancy contracts, last 6 months, against AED 1,777 per sqft paid across 49 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
The Elysian Residence: questions buyers ask
How much does The Elysian Residence cost?
Registered sales at The Elysian Residence start from AED 995,000 (about $271K): the cheapest tenth of 49 off-plan sales (all studios), Jan–Aug 2026, per DLD. It is listed from AED 950,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at The Elysian Residence?
Buyers paid a median of AED 2,243 per sqft at The Elysian Residence (off-plan sales, since 1 Jan 2026, 49 registered sales).
When is The Elysian Residence handover date?
The Elysian Residence is expected to hand over in Q3 2027. The project is under construction, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is 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.
Is The Elysian Residence priced above or below what buyers paid nearby?
Buyers paid a median of AED 2,243 per sqft in The Elysian Residence (off-plan sales, since 1 Jan 2026, 49 registered sales), which is 6% below the median of AED 2,397 per sqft that buyers actually paid for apartments in Jumeirah Garden City, across 305 sales registered with DLD.
What is the Rendr Score of The Elysian Residence?
The Elysian Residence scores 67 of 100 on the Rendr Score, good, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
What rental yield do apartments in Al Satwa make?
About 5.1% gross for apartments in Al Satwa, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
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.
Is The Elysian Residence registered with DLD?
The Elysian Residence is registered with the Dubai Land Department (DLD) under number 3557. Check it at dubailand.gov.ae before you pay.
Changes
Listed 25 Sep 2026 · 1 change since, last 4 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026