About Elara
Status
Under construction
Deadline
Q4 2026
Developer
Meraas
District
Madinat Jumeirah Living
Squares
from 721 sq. ft
Price
Status
Deadline
Developer
District
Squares
Price
Elara is a luxurious residential complex developed by the popular developer company Meraas. Its major advantage is its location, as it is situated right across from the renowned Burj Al Arab hotel. One-bedroom, two-bedroom, and three-bedroom apartments are available for purchase, and you can also acquire a four-bedroom penthouse here.
Investing in this residential complex is profitable and advantageous. By purchasing real estate above a certain value, you become eligible for a ten-year ‘Golden Visa,’ which allows you to bring your family and support staff (e.g., maid or driver) to the UAE. You can find all the details in our agency.
The construction of the complex is expected to be completed around the end of 2026. Currently, Elara is rapidly developing, which enables us to offer prospective buyers a favorable deal with a payment plan of 70/30, with an initial down payment of 20 percent.
The cost of one-bedroom apartments in this area has increased by 20 percent when compared to the previous phase. This indicates that such a property is a profitable option for future leasing or resale. The return on investment for these apartments is 7.5 percent. The starting annual rental price is $31,000, making it a very lucrative form of passive income.
Property Types:
Flats, Apartments
Penthouses
first installment
20%
under construction
50%
on key handover
30%
At the Elara residential complex, various options with areas ranging from 67 to 935 square meters are available. Each residence will feature a balcony and a laundry room. In the three-bedroom and four-bedroom options, you can also expect to have a maid’s room.
This complex offers the opportunity to enjoy all the amenities and services. Future owners will have access to:
Pool
Sports Hall
Children playground
Barbecue area
24/7 security
Covered parking
Cafes and restaurants
Elara is conveniently located near the popular Jumeirah Beach Road and Jumeirah Street, making it easy to get around the city. In just 20 minutes, you can reach Bluewaters Island, JBR, and Dubai International Airport. There is also the option of using public transportation, with stops such as Wild Wadi 1, Burj Al Arab Hotel 1, Burj Al Arab Hotel 2, and others nearby.
Furthermore, there are plenty of essential amenities and establishments in close proximity for everyday living, including:
For entertainment and relaxation, you can visit Umm Suqeim Beach, Pavilion Marina and Sports Club, or Souk Al Bahar.
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