Elara by Meraas

The Elara residential complex by Meraas is a premium phase in the Madinat Jumeirah Living community, suitable for family life and resort-style lovers. The project includes three multi-story buildings and offers premium apartments with 1-3 bedrooms and penthouses with four bedrooms.

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$ 626 000
Starting price
Q4 2026
Completion
70/30
Payment Plan

About the Project

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premium apartments

Elara in Madinat Jumeirah Living

Elara is the eighth complex located in Madinat Jumeirah Living. The community is situated in the Umm Suqeim area, in close proximity to the white beaches and waterfronts of the Arabian Gulf. The development of the complex is managed by the developer Meraas. Previously, the developer has presented properties in the Jomana, Rahaal, Lamtara, Al Jazi, Jadeel, Asayel, and Lamaa complexes. The construction of the new project in Madinat Jumeirah Living is planned to be completed by December 2026.

In the three buildings of the Elara complex, with heights of 10 and 11 floors, including the ground floors, premium apartments with 1-3 bedrooms and luxury penthouses with four bedrooms will be located. All 234 residences will be presented in various layouts, ranging in size from 67 sq. m to 424 sq. m. For the convenience of residents, all types of real estate are offered with at least one personal balcony, built-in wardrobes or dressing rooms in bedrooms, a laundry room, and a spacious living/dining room. The zoned kitchen will be equipped with the necessary appliances. In some residences, the kitchen is separated from the living room by an island made of natural materials.

Based on the layouts, you can choose types of residences with a maid's room, a separate bathroom in the main bedroom, and a private terrace. Exclusive penthouses on the top floors of the buildings are presented in a configuration with three balconies, including in the main bedroom, an additional toilet, and private bathrooms in each bedroom. The design of the residences combines Arab traditions and modernity. The complex is surrounded by greenery. Panoramic windows, balconies, and terraces will open up stunning views of the Burj Al Arab hotel, Jumeirah Beach Hotel, green landscapes, and other complexes in Madinat Jumeirah Living.

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Key Advantages

The new project in Madinat Jumeirah Living - Elara offers future residents access to premium amenities both within the complex and in the community. You will have access to sports facilities, F&B establishments, educational institutions, boutiques, and more.

  • fitness center
  • sports park
  • infinity pool
  • children's pool and playground
  • Sky Gardens
  • rooftop terrace
  • learn more

As for common areas for relaxation and entertainment in the complex - residents will be able to visit the fitness center and sports park, swim in the infinity pool while children enjoy a separate pool and play area. The buildings of the complex will be surrounded by lush greenery and relaxation areas, and there is a rooftop terrace for leisure. Inside the complex, Sky Gardens and a cozy lobby await residents and guests where they can relax and schedule important meetings.

In the third quarter of 2023, the price of one-bedroom apartments in the Elara complex will start from AED 2.3 million (USD 626,000). A four-bedroom penthouse can be purchased for AED 11 million (USD 3 million).

Infrastructure

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The complex is surrounded by many interesting places, such as Mina Al Salam Madinat Jumeirah - a shopping complex in the style of a traditional Arab market, and an art gallery. Elara is also close to restaurants such as Eat & Drink Restaurant, Tashas Al Jalila, The Palmery, Rivas Restaurant, and others. It takes less than 10 minutes by car to get to these places.

The nearest Aswaaq Community Mall supermarket is less than a five-minute drive or a quarter-hour walk away. Public transport stops such as Umm Suqeim, Junction, Dubai Police Academy 2, and others are only a few minutes' walk away. It takes 5-10 minutes by car to get to the nurseries in Umm Suqeim 3. Raffles Early Childhood Centre Umm Suqeim accepts children from 45 days to 6 years old. Kiddy Planet Nursery, Kids Palace Nursery, and First Steps Nursery Montessori work with children from 14 months to 6 years old.

International schools such as Kings' School Dubai and Raffles International School are located within a 10-minute drive from Elara. The schools offer education in English within the British system. If medical assistance is needed, institutions within a 10-minute drive can be accessed. Novomed Surgical Hospital provides planned surgical care, while Mebal Medical Clinic specializes in women's medicine and cosmetic surgery. The White House Clinic and Dubai London Clinic and Speciality Hospital offer doctors of various specialties, including female specialists and family physicians.

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Location

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5-15 minutes

Downtown Dubai, Mall of Emirates

20-30 minutes

Palm Jumeirah, Dubai Marina, Dubai International Airport (DXB)

The Elara project is located in the heart of the metropolis, surrounded by popular areas, important locations, and main transportation arteries. Umm Suqeim Road, Al Wasl Road, and Jumeirah Road provide access to important locations within and beyond the emirate. The Mall of the Emirates is just a five-minute drive away - a great place to go shopping. In addition to boutiques of well-known brands, the shopping center features a ski slope and a wide selection of restaurants.

Travel time to Downtown Dubai's attractions is just over a quarter of an hour by car. Tourist areas like Palm Jumeirah and Dubai Marina are just a 20-minute drive away, where you can visit a famous water park, popular promenades, and restaurants. The Madinat Jumeirah Living community complexes are being built no more than a half-hour drive from Dubai International Airport (DXB).

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advantages of the project

Economic Attractiveness

Elara is a good choice for both permanent residence and investment. After the construction of the community is complete, all important facilities such as schools, shops, shopping centers, kindergartens, and medical institutions will be within walking distance of the complex. Such a location of the residential complex will attract young professionals, businessmen and their families, as well as young couples with or without children.

In the third quarter of 2023, Elara is in the construction stage, and the developer offers to buy premium apartments on a favorable payment plan in installments - 70/30, with an initial payment of 20%. Purchasing real estate in Elara will be a profitable investment with a high level of return on investment. In September 2023, the rental price of one-bedroom apartments in Madinat Jumeirah Living is around AED 150,000 (USD 41,000) per year, and the ROI is at 7.5%.

UAE residency visa

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The developer plans to complete the construction of the Elara complex in December 2026. After that, foreign buyers will have the opportunity to apply for a residence visa in the UAE. When purchasing real estate for a value of AED 750,000 (USD 205,000) or more, it is possible to obtain residency for two years. If you buy a residence worth AED 2 million (USD 545,000) or more, you can apply for a long-term "Golden Visa" valid for 10 years.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
Metropolitan Expert
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

location
36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
person
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Consult with an expert

Our experts will help you choose the best option. You will receive the full information about the unit you are interested in and the available layouts

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