Under Construction

Elara

Starting from 2,300,000 AED

Developer
Meraas Holding

Key information

Delivery date

December 2026

Payment plan

Property types

Apartment

Number of buildings

Government fee

4%

Location

Overview Elara at Madinat Jumeirah Living (MJL) by Meraas is a dazzling addition to residential development with a range of 1, 2, 3, and 4-bedroom apartments. This prestigious eighth phase of MJL comprises five-storey low-rise buildings, with a collection of 326 units. These structures represent a harmonious blend of architectural brilliance and sustainable design, setting new standards for urban living in Dubai. Strategically located within the Madinat Jumeirah Living community, it ensures residents enjoy superb connectivity to Dubai's iconic landmarks. With easy access to major roadways like Umm Suqeim, daily commuting becomes a breeze. The stunning beaches, premium day-to-day facilities, and iconic Burj Al Arab skyline are all easily accessible. Moreover, major roadways, including Umm Suqeim, are in close proximity, ensuring a hassle-free travel experience for residents. MJL aims to redefine the concept of a modern lifestyle. Each building façade tells a unique story, and the development offers attractive lifestyle. Living here means embracing an inspired lifestyle where comfort and convenience are woven into every aspect of daily life. The design and amenities are carefully curated to provide residents with an unparalleled living experience. This exclusive address offers everything you need for a relaxed, modern lifestyle. The iconic Burj Al Arab serves as a stunning backdrop, while Jumeirah's pristine beaches and the charming traditional windcatchers and canals of Souk Madinat Jumeirah are just moments away. Residents can indulge in the best of both worlds – modern luxury and traditional charm. With its prime location, luxurious amenities, and attractive payment plans, it offers residents a unique opportunity to own a piece of Dubai's iconic skyline. Come home, where every day feels like a pleasure beyond imagination. Key Highlights: Elara MJL is the latest addition to the prestigious Madinat Jumeirah Living community. Offers a range of 1, 2, 3, and 4-bedroom apartments, catering to various lifestyle preferences. A collection of 326 units within the development, redefining urban living with a combination of architectural brilliance. Excellent connectivity to famous landmarks and destinations in Dubai, with easy access to premium beach areas. Offers a unique and inspired lifestyle, where convenience and comfort are integrated into every facet of daily life. The development boasts an exclusive address surrounded by the iconic Burj Al Arab skyline, offering a modern and relaxed lifestyle.

Payment plan

20%

Down payment
At sales launch

30%

During construction

50%

On handover

Project timeline

  • Project announcement

  • Construction Started

  • Expected Completion

Units

from developer

apartment

1 Bed

729-962

sqft

from

2,300,000 AED

2 Beds

1415-1788

sqft

from

3,165,000 AED

3 Beds

1926-2347

sqft

from

6,619,000 AED

4 Beds

4533-4533

sqft

from

10,950,004 AED

available in this project.

Project masterplan

Location

Dubai, Umm Suqeim, Madinat Jumeirah Living, Elara

Estimated rent you could get

This rental estimate is calculated based on the current ROI of Umm Suqeim. The estimated rental price represents the ROI percentage of the average sale price.
TypeRental YieldEstimated rent (AED/year)
2 bed apartment6 %138,023
3 bed apartment6 %190,362

We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.

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