When I run the emulator the screen size is smaller than the device frame as in the image below. It only happens in a computer with a screen resolution of 3840 x 2160
I have a Dell XPS 13 with a screen resolution of 3200 x 1800 and I had exactly the same problem.
After playing with the settings I found a (temporary) solution in Android Studio:
Navigate to Tools -> Android -> AVD Manager
This way the rendering is made from software and not from the graphics card. It definitely effects the performance but maybe for a test it's ok.
Alternative suggestion: I tested the emulator from Genymotion and it works. It is free for personal users and maybe a good option if you want something faster.