The Elysian
New MFOUR Development · Al Satwa · 84 homes · Under construction
A New MFOUR Development project under construction in Al Satwa: 84 homes, 5% built, with completion promised for Q3 2027 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 2,243 per sqft.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q1 2026 | 2,283 | 30 |
| Q2 2026 | 1,958 | 17 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs today. Launch to today.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When will The Elysian be completed?
The register declares completion for Q3 2027, and the project is reported 5% built.
What do homes in The Elysian sell for?
From Jul 2025 to Jun 2026, 47 homes sold on the register at a median of AED 2,243 per sqft and AED 1.56M per home. By unit type: Studio AED 1.03M (16 sales), 1 BR AED 1.59M (18 sales), 2 BR AED 1.84M (13 sales). These are registered deeds, not the developer's price list.
Who built The Elysian?
New MFOUR Development. The project is registered to New MFOUR Development on the Dubai Land Department register, which lists 1 project for the developer in Dubai, 1 of them under construction.
How many homes are in The Elysian?
84, as counted on the Dubai Land Department register. The declared mix: 24 studios, 29 1 BR, 25 2 BR, 1 3 BR.
