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The Elysian

Under construction

by New M F O U R Real Estate Development · Jumeirah Garden City

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in The Elysian is AED 1.58M (AED 2,243 per sqft), in line with the Jumeirah Garden City median of AED 2,295 per sqft, from 53 sales in the last 12 months. It is 5% built, with handover planned for Aug 2027. The escrow account is at United Bank Limited (Management Office).

Build progress5%
Planned handoverAug 2027
Units84
Median priceAED 1.58Mmiddle half AED 1.08M to AED 1.78M
Price / sqftAED 2,243area median AED 2,295
Sales, 12 months5353 since launch

Schedule check

Built5%
Planned time used65%

Build progress is 60 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number3557
DeveloperNew M F O U R Real Estate Development
Escrow bankUnited Bank Limited (Management Office)
Start date1 April 2025
Registered13 August 2025
DLD areaAl Satwa
CommunityJumeirah Garden City

Compare with other projects in Jumeirah Garden City

ProjectDeveloperStatusMedian pricePrice / sqftSales
The ElysianNew M F O U R Real Estate Development5%AED 1.58M2,24353
Holm OneHolm Avenue Real Estate Development7%AED 1.07M2,220182
Evergrin House 2Obj1 Real Estate Development10%AED 1.04M2,430160
Enso JadeEnso Development42%AED 1.62M2,153105
Rabdan GardensRabdan Gardens Real Estate Developments0%AED 1.06M2,21778
Villea WestPalmridge Real Estate Development0%AED 1.21M2,37678
Jad 288Jad Global Real Estate Development2%AED 1.39M2,25060

Areas: Jumeirah Garden City

Questions buyers ask

How much does a home in The Elysian cost?

The median DLD sale price is AED 1.58M (AED 2,243 per sqft), from 53 sales in the last 12 months. The middle half of sales ran from AED 1.08M – AED 1.78M.

When is the handover of The Elysian?

The DLD registry shows a planned completion date of Aug 2027. Build progress is 5%. Build progress is 60 pts behind the share of time used.

Who is the developer of The Elysian?

New M F O U R Real Estate Development. The DLD registry lists 1 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.