New MFOUR Development is a Dubai-based property developer focusing on residential, commercial, and mixed-use projects, particularly in high-demand locations such as Al Satwa and Jumeirah Garden City. Their current major project is The Elysian Residence, a boutique residential building offering studios to 3-bedroom apartments, expected for handover in Q3-2027.

The Elysian Residence is designed as a mid-rise G+2P+8 floors structure, combining high-end finishes, thoughtfully designed layouts, and amenities. It emphasizes proximity to key Dubai landmarks and connectivity, aiming to balance modern urban living with community-oriented lifestyle features.