Elara

The owner of Elara is Meraas Holding, a leading Dubai-based development company known for its high-quality residential and commercial projects that redefine urban living.

The starting price for Elara is 2300000 AED.

The delivery date for Elara is set for December 2026, offering buyers ample time to plan for their move into this luxurious residential development.

Elara is located in Dubai, Umm Suqeim, within the Madinat Jumeirah Living community, offering easy access to major landmarks.

Elara offers a diverse range of residential units across three buildings, with options suitable for various space and budget requirements. In Building A, one-bedroom units are available starting from AED 2.3 million, with sizes ranging from 729 to 962 square feet. Two-bedroom units start from AED 3.2 million, sized between 1,415 and 1,788 square feet. Three-bedroom units begin at AED 6.6 million, offering 1,926 to 2,347 square feet. Four-bedroom units are priced from AED 11 million with a fixed size of 4,533 square feet.

In Building B, one-bedroom units range from 721 to 954 square feet, starting at AED 2.3 million. Two-bedroom units are sized between 1,573 and 1,779 square feet, also starting at AED 3.2 million.

In Building C, one-bedroom units range from 721 to 1,350 square feet, priced from AED 2.3 million. Two-bedroom options vary from 1,247 to 1,787 square feet, starting at AED 3.2 million. Three-bedroom units are available from AED 6.6 million, with sizes between 1,926 and 2,355 square feet. Four-bedroom units range from 3,691 to 4,441 square feet, starting at AED 11 million.

Elara at Madinat Jumeirah Living (MJL) is an excellent investment due to its prime location, high-quality amenities, and sustainable design. Situated within MJL, Elara offers residents easy access to Dubai’s iconic landmarks, including the Burj Al Arab, stunning beaches, and major roadways like Umm Suqeim. The development features a variety of recreational facilities, including swimming pools, fitness centers, and jogging tracks, as well as green spaces, retail outlets, and secure community spaces.

With flexible payment plans and the potential for high returns, Elara stands out as a desirable investment in Dubai’s competitive real estate market. The luxurious living experience and strategic location ensure its long-term value.

The payment plan for Elara is as follows:

20% down payment at sales launch

30% during construction

50% upon handover

Elara is a Freehold property, allowing buyers full ownership of the units, a key advantage for investors and residents.