Elwood Estates Phase I
Off-Plan

Elwood Estates Phase I

From AED 9.30M·Handover Jun 2028·20% down payment Payment
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AED 9.30M
Starting Price
Jun 2028
Handover
20% down payment
Payment Plan
4 BR · 5 BR
Type

Project Overview

Elwood Estates Phase I is a premium villa community by Sobha, located in The Valley. Surrounded by lush greenery, the development offers a serene and comfortable lifestyle for those who value privacy and harmony with nature. The project features luxurious villas with four to six bedrooms. The design is executed in a modern style using marble and wood, while elegant geometric forms and neutral tones seamlessly complement the natural surroundings. Large windows and spacious balconies provide panoramic views, creating a smooth transition between the interiors and the outdoor space. For residents’ comfort, Elwood Estates Phase I offers four basketball courts, two clubhouses, scenic parks with walking paths, a lagoon, and a baobab park. Children can enjoy a dedicated playground, and there is also a school within the community. The community is set in a convenient and dynamic part of the city: just five minutes from Dubai Rugby Sevens, eight minutes from Dubai Outlet Mall, and twenty minutes from Downtown Dubai. The trip to Dubai International Airport takes around twenty-five minutes, while Al Maktoum International Airport is approximately thirty minutes away, ensuring excellent mobility in any direction.

Project Specifications
DeveloperSobha Realty
LocationSobha Elwood
Unit Types4 BR, 5 BR, 6 BR, Villa
AreaSobha Elwood
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 401,295 / year
Cash-on-Cash
2.2%
Levered cashflow AED 94,395
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 604,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Elwood Estates Phase I launch basis10,333AED 9.30MCurrent launch / asking basis
Sobha Elwood ready-stock comps1,500AED 1.35MIndicative resale benchmark
Sobha Elwood premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Elwood Estates Phase I official render 1

Elwood Estates Phase I official render 1

Elwood Estates Phase I official render 2

Elwood Estates Phase I official render 2

Elwood Estates Phase I official render 3

Elwood Estates Phase I official render 3

Elwood Estates Phase I official render 4

Elwood Estates Phase I official render 4

Elwood Estates Phase I official render 5

Elwood Estates Phase I official render 5

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Elwood Estates Phase I official render 6

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Elwood Estates Phase I official render 7

Elwood Estates Phase I official render 8

Elwood Estates Phase I official render 8

Elwood Estates Phase I official render 9

Elwood Estates Phase I official render 9

Elwood Estates Phase I official render 10

Elwood Estates Phase I official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Sobha Realty.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Basketball Half Court
Basketball court
Bike path
Club house
Community Lawn
Event Lawns
Fitness Zone
Forest Walk
Green Lawn (Dog Park)
Jogging tracks
Kids Play Area
Landscape Open Areas
Landscaped garden
Landscaped park
Leisure areas
Lift
Mosque
Multipurpose Sports Courts
Open air gym
Paddle court
Picnic Area
Private pool
Recreational areas
Resting Areas
Retail outlets
Shared Pool
Sitting Area
Skate Park
Social zone
Sports ground
Toddlers Club
Walking paths

Location

Sobha Elwood

Nearby Destinations

Dubai Mall — 12 mins
Ras Al Khor Wildlife Sanctuary — 8 mins
Business Bay — 10 mins
Dubai International Airport — 18 mins
Sobha ElwoodSobha ElwoodDubai, UAE

Developer Track Record

01

Elwood Estates Phase I by Sobha Realty

02

Located in Sobha Elwood

03

Starting from AED 9,300,000

04

Unit mix includes 4 BR, 5 BR, 6 BR, Villa

05

Expected handover: Jun 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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