Elara by Meraas Holding

1–3 bedroom apartments & 4-bedroom penthouses

AED 2,30 mln Starting price
70/30 Payment Plan
Q4 2026 Handover
Elara by Meraas Holding

Buy apartments and penthouses in Elara by Meraas Holding, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 2,300,000
Location Madinat Jumeirah Living
Developer Meraas
Handover Q4 2026
Living Area 716 sq. ft. - 4,565 sq. ft.
Payment Plan 70/30
Bedrooms 1-4 BR
Total amount of units 326
ROI 7.5%

Elara is a contemporary project by Meraas Holding nestled in the sought-after community of Madinat Jumeirah Living. This exquisite complex comprises three 10–11 storey buildings. A collection of premium 1–3 bedroom apartments, along with luxurious 4-bedroom penthouses on the upper floors, is available for purchase.

Elara is the eighth complex in the prestigious Madinat Jumeirah Living community in the Umm Suqeim area. It is ideally situated near pristine white sandy beaches, five-star hotels, and the Arabian Gulf promenade. Residents can enjoy the peace and tranquility of this resort-like area, surrounded by lush greenery and top-notch amenities.

The project offers an exclusive collection of 326 residences, which include 1–3 bedroom apartments and 4-bedroom penthouses. They range in size from 716 sq.ft to 4,565 sq.ft. Each apartment features a cozy bedroom, a spacious living room, and a fully equipped kitchen. Each penthouse features a laundry room, a kitchen with an island, and three transparent balconies perfect for creating a lounge area. Panoramic windows offer stunning views of the iconic Burj Al Arab hotel and the vibrant green landscapes of the Madinat Jumeirah Living.

Elara
About Elara

Overview of Elara

Enjoy the exclusive Elara project, featuring luxurious 1–4 bedroom residences

7.5%

Average ROI

10–12%

Potential ROI

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Community

Elara is nestled in the green community of Madinat Jumeirah Living in Umm Suqeim area. The project is away from the hustle and bustle of the central areas of the emirate, making it an ideal location for family life. Residents can enjoy easy access to white sandy beaches, five-star hotels, and key attractions such as Wild Wadi Waterpark, Souk Madinat Jumeirah marketplace, and the famous Jumeirah Beach, all within walking distance.

Essential infrastructure facilities, including nurseries, schools, supermarkets, shops, restaurants, and recreational areas, are conveniently located within a 10-minute drive. The community’s proximity to Sheikh Zayed Road ensures quick access to all key locations of the emirate.

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Interior

Elara offers a variety of residences layouts, allowing you to choose a unit with a maid's room, a separate bathroom in the master bedroom, and a private terrace. The interiors of residences feature a perfect balance between minimalism and vibrant decorative elements. Stylish furniture and Arabian-inspired art pieces enhance the sense of uniqueness and sophistication. Natural materials like marble and granite are used throughout the decoration. Bathrooms feature high-end branded plumbing.

Kitchens seamlessly blend with the dining areas, and kitchens in penthouses come with an island made of natural materials. Spacious living rooms open onto balconies with cozy lounge areas. Bedrooms feature built-in wardrobes for convenience. Panoramic windows let abundant sunlight get into the spaces throughout the day, offering breathtaking views of the iconic Burj Al Arab and Al Salah Beach.

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Infrastructure

Elara is ideal for those who value comfort and wish to immerse in a resort lifestyle. Madinat Jumeirah Living is surrounded by lush greenery and landscaped gardens, offering a serene atmosphere.

Art enthusiasts will appreciate nearby cultural venues like the Theatre of Digital Art and Al Jalila Cultural Centre, while beach lovers will enjoy quick access to Wild Wadi Waterpark Jumeirah, Jumeirah Beach, and Sumirah Beach. A wide range of educational institutions are located within a 10–15 minute walk, including AIST Royal Early Childhood Center, Kiddy Planet Nursery, Raffles International School, Kings' School Dubai, and Raffles World Academy. For healthcare, several hospitals and multi-specialty clinics are nearby, such as Gargash Hospital, Atelier Clinic Dubai, and Koster Clinic.

Overview

Are you looking for a profitable investment option?

Amenities of Elara

Elara provides premium amenities, both within the complex and the community. Adults can head to a gym or infinity pool, while children can enjoy their own pool and playground

Infinity pool

Infinity pool

Landscaped gardens

Landscaped gardens

Cozy lobby for meetings

Cozy lobby for meetings

Fully equipped gym
Children's pool & play area
BBQ area
Rooftop terrace with seating areas
F&B outlets
Jogging & cycling paths
Gallery

Elara: Premium 1–3 Bedroom Apartments & 4-bedroom Penthouses

Master Plan Elara

Master Plan Elara

Master Plan

Floor Plans Elara

Property Type
Bedrooms
Area
Starting Price
Apartments
1 Bedroom
from 728 sq. ft.
AED 2,300,000
1 Bedroom Apartments
AED 2,30 mln 728 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1
Parking Parking1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,415 sq. ft.
AED 3,130,000
2 Bedrooms Apartments
AED 3,13 mln 1,415 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2
Parking Parking1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
3 Bedrooms
from 1,926 sq. ft.
AED 5,600,000
3 Bedrooms Apartments
AED 5,60 mln 1,926 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3
Parking Parking1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Penthouses
4 Bedrooms
from 4,441 sq. ft.
AED 10,950,000
4 Bedrooms Penthouses
AED 10,95 mln 4,441 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms5
Parking Parking1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

Payment Plan Elara

Meraas Holding offers a convenient 70/30 payment plan, where 20% is paid upon booking, 50% during construction, and the final 30% upon completion

0% Comission
Direct Sales

Types of Payment Plan

Down Payment 20% On Booking
1st Instalment 10% February 2024
2st Instalment 10% August 2024
3st Instalment 10% February 2025
4st Instalment 10% August 2025
5st Instalment 10% February 2026
6st Instalment 30% Handover in Q4 2026
Learn More
Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
Elara
About Us

Economic Attractiveness

Elara is an ideal option for both permanent residence and investment. It is located in a popular area with a well-developed infrastructure. The project offers a diverse selection of residences and premium amenities, driving high demand for property here

Get Full Investment Details

3,46 mln

Median price (AED)

2,940

Median price per sqft (AED)

241

Transactions

Source: Data taken from DXB for the last 3 years, overview - Elara

ROI 7.5%

Elara is ideal for young couples and families with children. There are numerous educational and medical facilities nearby. Residents will appreciate the excellent transport accessibility and the high-quality amenities located on the territory of Madinat Jumeirah Living. Upon completion, properties in Elara can be profitably resold, with an estimated profit of at least 15–20%.

As of Q4 2024, a 1-bedroom apartment costs from AED 2.3M (USD 626K). A 2-bedroom residence starts from AED 3.2M (USD 871K), and a 3-bedroom apartment – from AED 6.6M (USD 1.8M). Luxurious 4-bedroom penthouses are from AED 11M (USD 3M). Purchasing a property in Elara also lets owners apply for a 10-year Golden Visa. The visa can be extended as long as you own the property.

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For rent

Upon completion, Elara properties can be rented out on both short and long-term leases. The average annual rental for a 1-bedroom apartment in Madinat Jumeirah Living is AED 172K (USD 47K), with an average ROI of 7.5%.

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For living

Elara at Madinat Jumeirah Living will let you enjoy the unique experience of a peaceful resort. It offers thoughtful infrastructure and a wide range of amenities, including pedestrian-friendly areas, fountains, and lush greenery. Residences offer luxurious views, making you immerse into a premium living.

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For resale

Located in the prestigious Madinat Jumeirah Living community, Elara properties will be in high demand. Once construction is complete, owners have the opportunity to resell and get a profit of 15–20%. Alternatively, properties can be rented out to generate stable passive income.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport
Project Materials

Developer Elara

Meraas Holding is a prominent Dubai-based development company with an impeccable reputation

Meraas Holding, headquartered in Dubai, has been implementing innovative projects in the UAE for over 20 years. The developer is known for grandiose projects like City Walk, Bulgari Lighthouse Dubai, Marsa Al Arab Residences, and Bluewaters Residences. Meraas Holding actively invests in Dubai’s development, contributing to its growth in tourism, business, trade, and healthcare sectors.

Location Elara

Elara is a modern complex in the prestigious Madinat Jumeirah Living community near Jumeirah Street. It is one of the most desirable locations in Umm Suqeim thanks for its lush greenery, recreational areas, and developed infrastructure

Elara is nestled in the gated community of Madinat Jumeirah Living in Umm Suqeim area, which provides easy access to Dubai’s key districts. Palm Jumeirah, Jumeirah Village Circle, Business Bay, and Downtown Dubai are all within a 15–20 minute drive. Residents can enjoy renowned Dubai attractions like the Burj Khalifa and Dubai Opera nearby. Public transportation is easily accessible from Elara, with stops such as Umm Suqeim Junction and Dubai Police Academy 2 just minutes away.

For shopping, Meyan Mall, Souk Madinat Jumeirah, and Crystal Planet are within a 5–10 minute drive. They feature a variety of branded stores, upscale dining venues, and leisure destinations.

Sights & Attractions

Burj Al Arab

icon 5 min

Jumeirah Beach

5 min

HeliDubai Helicopter Tours

10 min

Healthcare facilities

Gargash Hospital

icon 5 min

Atelier Clinic Dubai

5 min

Happiness Clinic LLC

10 min

Educational institutions

Raffles World Academy

icon 10 min

Raffles International School

5 min

AIST Royal Early Childhood Center

10 min

Transportation

DWC

icon 35 min

Dubai Police Academy 2 Bus Stop

5 min

Equiti Metro Station 2

15 min

General FAQs

Everything you need to know about the Elara. Can't find an answer?

Ask a Question

Where is the location of Elara?

Elara is nestled in the unique Madinat Jumeirah Living community in the area of Umm Suqeim.

Who is the developer of Elara?

The developer of the project is Meraas Holding.

What are the property types for Elara?

Elara offers premium 1–3 bedroom apartments and luxurious 4-bedroom penthouses.

What is the property size in Elara?

Residences range in size from 716 sq.ft to 4,565 sq.ft.

What are the available amenities in Elara?

Amenities include an infinity pool, a gym, a children's pool and play area, a BBQ area, landscaped gardens, a rooftop terrace with seating areas, a cozy lobby for meetings, F&B outlets, jogging and cycling paths.

What are the available views in Elara?

Panoramic windows offer stunning views of the Burj Al Arab and lush landscapes of Madinat Jumeirah Living.

Is Elara a good investment in Dubai?

Elara is excellent for both permanent residence and investment. Once the project is completed, you can resell the property and get a 15-20% profit. The average rental price for a 1-bedroom apartment is AED 172K (USD 47K) per year, with an ROI reaching 7.5%.

Is Elara a good place to live?

Elara at Madinat Jumeirah Living provides a unique experience of serene resort-style living. The thoughtfully designed infrastructure includes landscaped pedestrian areas, fountains, greenery, and a selection of residences with stunning views. It creates a premium living environment.
FAQs

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Elara
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

Elara

Starting Price AED 2,30 mln

Payment Plan 70/30

Handover Q4 2026