The Elysian Residence: Jumeirah Garden City Apartments from AED 950K
The Elysian Residence is a residential apartment project by New MFOUR Development, located in Jumeirah Garden City within Al Satwa. Construction began in April 2025, with handover targeted for August 2027. The entry point is AED 950,000, and the range runs to AED 1,760,000.
Al Satwa's New Chapter
Jumeirah Garden City sits within Al Satwa, a district that lies between Sheikh Zayed Road and Al Wasl Road, putting it close to Downtown Dubai, DIFC, and the Jumeirah strip. A resident here can reach Business Bay in under 15 minutes by car, and the Dubai Metro's Red Line stations are accessible without a long drive. The area is mid-density with retail and food options at street level. For a buyer weighing commute against cost, Al Satwa delivers a central Dubai address that many newer fringe developments cannot match.
Jumeirah Garden City is a planned sub-district within Al Satwa that brings newer residential stock to this central corridor. The Elysian sits within that newer layer.
What AED 950K to AED 1.76M Buys You Here
The price range spans AED 810,000, which is wide for a single property type. The units break down as follows:
| Unit Type | Bedrooms | Starting Price |
|---|---|---|
| Type A | Studio | AED 950,000 |
| Type B | 1 Bedroom | AED 1,550,000 |
| Type C | 2 Bedroom | AED 1,760,000 |
The studio at AED 950,000 targets investors looking at rental yield from a central Dubai address. One-bedroom units at AED 1.55M suit young professionals or couples who want proximity to DIFC and Downtown. The two-bedroom at AED 1.76M is family-oriented or for buyers seeking more space in a connected location. The AED 600,000 gap between studio and one-bedroom reflects the different buyer profiles each unit type serves.
Getting In for 10%
| Stage | Percentage |
|---|---|
| Down payment | 10% |
| During construction | 40% |
| At handover | 50% |
A 10% down payment is a low entry point for an off-plan unit in this location. On a studio at AED 950,000, that is AED 95,000 to secure the unit. The 50% due at handover is the larger commitment and requires forward planning, whether through savings or a mortgage drawn down in mid-2027. The 40% during construction falls before mortgage funds typically release, so buyers using bank finance should plan for those payments from personal cash flow.
What the Amenities Say
| Category | Facilities |
|---|---|
| Fitness & Wellness | Gymnasium, Infinity Pool |
| Outdoor & Social | Landscaped Gardens, Barbecue Area, Children's Play Area, Community Hall |
| On-Site Services | Retail Facilities, Restaurants, Security |
Nine amenities spanning recreational, social, and convenience categories. The infinity pool and landscaped gardens point to a development targeting residents who want a managed community feel. Having restaurants and retail on-site reduces reliance on nearby streets for daily needs, which matters for investors: tenants in central Dubai rate lifestyle convenience highly, and built-in F&B is a draw. The community hall and children's play area indicate the project targets a mix of families and working adults rather than purely investor buyers.
Completion in August 2027
Construction started in April 2025, giving the project a build timeline of roughly 28 months. Handover is targeted for August 2027. For a buyer entering now, that is approximately 14 months to completion. The payment structure (40% during construction, 50% at handover) means the bulk of the financial commitment lands in 2027.