Sheikh Zayed Road towers seen from above. A general view of Dubai, not this projectPhoto: monicker, Wikimedia Commons, CC BY-SA 3.0, resized and cropped
A drawing, not this building: 4.51% built at DLD’s inspection on 9 Jul 2026
The short answer
The Elysian is active on the DLD register, completion date 31 Aug 2027. It was 4.51% built at DLD’s inspection on 9 Jul 2026. Its 48 home sales over Oct 2025–Sep 2026 registered at a median AED 1.6m, AED 2,230 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
31 Aug 2027
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
4.5%
DLD inspection, 9 Jul 2026
Median 1 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on19 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 1.6m
AED 2,184/sq ft · 19 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on48 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.6m
48 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on52 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
52
Oct 2025–Sep 2026
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 19 home sales; median size 721 sq ft.
The DLD project register
Active
Completion date on the DLD register: 31 Aug 2027
4.51% built at DLD’s inspection on 9 Jul 2026.
Started1 Apr 20254.5% builtinspection 9 Jul 2026Completion31 Aug 2027
Built, at DLD’s latest inspection4.51%
DLD project number
3557
Status
Active
Completion date
31 Aug 2027
Start date
1 Apr 2025
Registered
13 Aug 2025
Developer
New M F O U R Real Estate Development L.L.C · DLD developer 1934
Escrow account bank
United Bank Limited (Management Office)
Units
84
Buildings
1: The Elysian
Inspection history: 3 inspections on the register
Inspection date
Built
9 Jul 2026
4.51%
24 Feb 2026
0.48%
24 Feb 2025
0%
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. New M F O U R can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-3557-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026
Size
Sales
Median price
Median AED /sq ft
Median size, sq ft
Studio
16
AED 1.0m
2,381
415
1 BR
19
AED 1.6m
2,184
721
2 BR
13
AED 1.8m
2,018
772
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contract
Enter the size and the asking price to compare them with registered sales.
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Al Satwa, Oct 2025–Sep 2026.
New M F O U R’s newest ads
None of New M F O U R’s 52 running ads names The Elysian; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
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Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
42%Studio
47%1
11%2
0%3
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
1,358 sales2025+3894%on 2019
Full years only, registered sales of every type. 1,217 sales in 2026 to 5 Oct.
Off-plan share
91% of the 1,566 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summary
Sales by year and by month
Year
Sales
Off-plan
Ready
Value
Median home price
Median AED /sq ft
2024
1
0
1
AED 31.0m
—
—
2026 to 5 Oct
52
52
0
AED 88.5m
AED 1.6m
2,230
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
53sales registered, Jul 2024 to Sep 2026
Every registered sale, all property types.
Other projects in Al Satwa
1,566 sales were registered in Al Satwa over Oct 2025–Sep 2026, with homes at a median AED 2,203 per sq ft over Jul–Sep 2026.
The Elysian is a New M F O U R project in Al Satwa, Dubai, registered with the Dubai Land Department as project 3557 by New M F O U R Real Estate Development L.L.C. The register lists it as active, with a completion date of 31 Aug 2027, 4.51% built at DLD’s inspection on 9 Jul 2026.
53 sales have been registered since Jan 2019, the first on 1 Jul 2024, 52 of them over Oct 2025–Sep 2026. Over those twelve months its 48 home sales registered at a median AED 1.6m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 20th of the 36 projects with a registered sale in Al Satwa, and first of New M F O U R’s 1.
Questions about The Elysian
When will The Elysian be finished?
The DLD register lists a completion date of 31 Aug 2027. It was 4.51% built at DLD’s inspection on 9 Jul 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is The Elysian finished?
No. The DLD register lists it as active, 4.51% built at the inspection on 9 Jul 2026.
What do homes in The Elysian sell for?
Studio: a median AED 1.0m, AED 2,381 per sq ft, from 16 sales; 1 BR: a median AED 1.6m, AED 2,184 per sq ft, from 19 sales; 2 BR: a median AED 1.8m, AED 2,018 per sq ft, from 13 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has The Elysian had?
53 sales registered with the Dubai Land Department since Jan 2019, 52 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of The Elysian?
The DLD register lists New M F O U R Real Estate Development L.L.C, DLD developer number 1934, which we group under New M F O U R.
Where is The Elysian?
In Al Satwa, Dubai. The Dubai Land Department registers its sales under the district Al Satwa. Homes there registered at a median AED 2,203 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for The Elysian?
The DLD project register lists an escrow account with United Bank Limited (Management Office) for The Elysian.
Cite this page
The Elysian, Al Satwa. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/the-elysian
