Official imagery, floor plans and the full brochure for Elara are available on request. We publish only developer-supplied media we are licensed to use.
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About Elara
Elara is the eighth phase of Madinat Jumeirah Living, the Umm Suqeim community near Burj Al Arab, marketed by Meraas.
Starting prices are cited around AED 2.3 million, with penthouses near AED 10.95 million; 70/30 and 20/30/50 plans are both reported.
Handover is expected in Q4 2026.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
Elara key facts
- Developer
- Dubai Holding
- Community
- Madinat Jumeirah Living
- Status
- Under construction
- Handover
- Q4 2026
- Starting price
- AED 2.3M
- Unit types
- 2 Bedroom, 3 Bedroom, 4 Bedroom Penthouse
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Elara
- 01
Shortlist and reserve
Choose a unit type and view at Elara and secure it with the booking deposit.
- 02
Sign the SPA
Dubai Holding issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2026), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Burj Al Arab neighbourhood
- Penthouse options
- Near-term handover
What to weigh
- Unit-level pricing conflicts between sources
- Payment plan reported differently
FAQ
Elara — frequently asked questions
What is the starting price of Elara?
Published pricing at Elara starts from AED 2.3M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Elara?
Elara is scheduled for handover in Q4 2026. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Elara?
Elara is developed by Dubai Holding in Madinat Jumeirah Living, Dubai.
What unit types are available at Elara?
Elara offers 2 Bedroom, 3 Bedroom, 4 Bedroom Penthouse.
Where is Elara located?
Elara is in Madinat Jumeirah Living, Dubai.
Can foreigners buy at Elara?
Yes. Madinat Jumeirah Living is a freehold area, so buyers of any nationality can own property at Elara outright.
Does buying at Elara qualify for the UAE Golden Visa?
Units at Elara start at AED 2.3M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at Elara?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 92K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Elara?
MRK Real Estate advises on primary purchases and resales at Elara. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Dubai Holding before any transaction.
