The Elysian Residence — project image
Off-Plan

The Elysian Residence

From AED 965,777·Handover Sep 2027·20% down payment Payment
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AED 965,777
Starting Price
Sep 2027
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

The Elysian Residence is a project from the developer MFOUR Real Estate Development, presented by Evolutions, in the heart of Jumeirah Garden City, Dubai. The building includes a ground floor, two podium levels, eight residential floors and a roof level where luxury penthouses are located. The exterior of the complex is distinguished by its elegance and modern design. The project features studios and apartments with one, two and three bedrooms and commercial premises, some residences have private pools and staff rooms. The interiors are distinguished by thoughtful design. Smooth, linear shapes blend harmoniously with natural textures, creating a space that is both vibrant and peaceful. Residents can enjoy a swimming pool with sun loungers, a children's pool, indoor and outdoor gyms, a steam room and sauna, a tennis court, an outdoor cinema, relaxation areas, a barbecue area and a rooftop lounge. The convenient location provides residents with easy access to Dubai's commercial, cultural, and coastal attractions, while being just minutes from the beach and other iconic locations. Dubai Frame can be reached in 7 minutes, Dubai International Airport in 10 minutes, Downtown Dubai in 10 minutes, Jumeirah Beach in 12 minutes, Dubai Hills Mall in 20 minutes, and Palm Jumeirah and Ain Dubai in 25 minutes.

Project Specifications
DeveloperMFOUR Real Estate Development
LocationJumeirah Garden City
Unit TypesStudio, 1 BR, 2 BR, Apartments, Penthouse
AreaJumeirah Garden City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 41,673 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,803
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 444,257 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from MFOUR Real Estate Development.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Cabanas
Children’s pool
Covered Parking
Covered gym
Indoor Yoga
Leisure areas
Lift
Lobby
Lounge
Open air gym
Outdoor cinema
Pool Deck
Private pool
Recreational areas
Resting Areas
Sauna
Shared Pool
Shared gym & fitness
Social zone
Steam
Table Tennis
Yoga Area

Location

The Elysian Residence location map
Project location

Nearby Destinations

Jumeirah Garden City

Developer and Project Facts

01

The Elysian Residence by MFOUR Real Estate Development

02

Located in Jumeirah Garden City

03

Starting from AED 965,777

04

Unit mix includes Studio, 1 BR, 2 BR, Apartments

05

Expected handover: Sep 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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