The Elysian

The Elysian is a 27-unit residential building by MFOUR Development, positioned in Al Satwa and currently under construction with 48 per cent of the build complete. The scheme spans studios, one- and two-bedroom apartments, and two- and three-bedroom penthouses, priced from approximately AED 952,000 to AED 4.25 million across a single tower.

# The building and its place in Al Satwa

Al Satwa sits in a stretch of central Dubai that has spent years on the periphery of investor attention, overshadowed by the louder narratives of Downtown and the Marina. That has started to change. The neighbourhood's proximity to Sheikh Zayed Road and its relatively compact, walkable street grid have attracted a newer generation of mid-scale residential development, of which The Elysian is a considered example.

The tower itself is a single building. With 27 residences across its floors, it is deliberately small: a format that tends to produce more controlled communal environments than the large-block schemes that dominate many Dubai postcodes. The architectural language is contemporary, with floor-to-ceiling glazing that treats natural light as a structural element rather than an afterthought.

# Residences, layouts and specification

Studios range from 362 to 505 square feet, priced from AED 951,777. One-bedroom apartments run from 709 to just over 1,006 square feet, with prices from AED 1.56 million to AED 1.73 million depending on position and size. Two-bedroom units show the broadest spread: compact layouts at around 771 square feet sit alongside full-scale apartments at 1,301 to 1,317 square feet, and penthouses reaching 1,917 to 2,289 square feet at prices up to AED 4.25 million. A three-bedroom penthouse at 3,145 square feet carries a price of AED 5.99 million, placing it at the top of the scheme.

Kitchens come fitted as standard, with modern cabinetry, quartz countertops with a terrazzo finish, and built-in storage. Bedrooms include fitted wardrobes. Flooring is wood-effect throughout living areas, with porcelain tile in bathrooms, brass fixture accents, and full-height windows in the main living spaces.

All other rooms are delivered unfurnished. The service charge is set at AED 15 per square foot.

# Amenity provision across the tower

The Elysian offers a broader roster of resident facilities than its unit count might suggest. The aquatic provision alone runs to a main pool with sun deck, a kids' pool, and private plunge pools. On the fitness side, both an indoor gym and a separate outdoor gym are provided, alongside a yoga area, steam and sauna room, and table tennis.

Social and leisure spaces include a rooftop lounge, outdoor cinema, cabana area, and a BBQ zone. The combination covers the range from early-morning solitary use to evening group gatherings without demanding residents leave the building.

# Central positioning and road access

Al Satwa's geography places The Elysian within practical reach of the city's principal corridors. Sheikh Zayed Road runs adjacent to the neighbourhood, giving direct road access north towards Dubai Marina and south towards Downtown Dubai and the financial district. Dubai International Airport is accessible without crossing the city's more congested interior routes.

The district itself is established rather than speculative: it has existing retail, cafés, and service infrastructure built up over decades, which removes the usual dependency on a developer's phased masterplan to deliver everyday convenience.

# The buyer profile this building suits

The Elysian addresses a specific gap in the Dubai residential market: small-building ownership in a central, well-connected neighbourhood, at price points that remain below the thresholds required for comparable space in DIFC or Downtown. For buyers focused on rental yield, the size of the building and the diversity of layouts, from sub-400-square-foot studios to penthouses above 2,200 square feet, allow for a range of tenancy strategies within a single asset.

For owner-occupiers, particularly those relocating from European cities accustomed to mid-rise living rather than high-rise towers, the scale is likely to feel familiar. At 48 per cent complete and actively on sale, the construction risk is partly absorbed, though buyers should track the developer's programme carefully given the absence of a confirmed handover date.