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About Elmora
Elmora is an 11-storey boutique residence by Neoterra Developments in Jumeirah Garden City, Al Satwa, with 85 fully furnished one- and two-bedroom apartments and Burj Khalifa views from upper floors.
Portals list a launch price near AED 715K, while current broker listings run from roughly AED 1.0M to 1.8M. Payment plans quoted include 20/40/40 and a post-handover variant with 40% spread over two years.
Ground was broken in March 2026 with handover targeted for Q1 2028.
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.
Payment
Payment plan
60/40 — 20% on booking, 40% during construction, 40% on handover
At a glance
Elmora key facts
- Developer
- Neoterra Developments
- Community
- Jumeirah Garden City
- Status
- Under construction
- Handover
- Q1 2028
- Starting price
- AED 715K
- Total units
- 85
- Unit types
- 1 Bedroom, 2 Bedroom
- Payment plan
- 60/40
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 715K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Elmora
- 01
Shortlist and reserve
Choose a unit type and view at Elmora and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Neoterra Developments 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 Q1 2028), 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
- Fully furnished homes
- Walking distance to the Downtown fringe
- Post-handover plan options
What to weigh
- Launch price no longer reflects current asking prices
- Payment plan structures vary by listing
- Small boutique developer
FAQ
Elmora — frequently asked questions
What is the starting price of Elmora?
Published pricing at Elmora starts from AED 715K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Elmora?
Elmora is scheduled for handover in Q1 2028. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Elmora?
60/40 — 20% on booking, 40% during construction, 40% on handover
Who is the developer of Elmora?
Elmora is developed by Neoterra Developments in Jumeirah Garden City, Dubai.
What unit types are available at Elmora?
Elmora offers 1 Bedroom, 2 Bedroom across 85 units.
Where is Elmora located?
Elmora is in Jumeirah Garden City, Dubai.
Can foreigners buy at Elmora?
Yes. Jumeirah Garden City is a freehold area, so buyers of any nationality can own property at Elmora outright.
Does buying at Elmora qualify for the UAE Golden Visa?
The entry price of AED 715K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Elmora?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 29K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Elmora?
MRK Real Estate advises on primary purchases and resales at Elmora. 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 Neoterra Developments before any transaction.
