The project
About Elire
Elire is a 23-floor residential tower by QUBE Development, created in partnership with The Lux Collective and operated under the LUX* hospitality name.
The building holds roughly 100 homes, ranging from one-bedroom apartments to four-bedroom duplexes, with hotel-style services woven into everyday living.
Construction has commenced, and the address places residents within easy reach of Downtown Dubai and The Dubai Mall.
Payment
Payment plan
60/40
At a glance
Elire key facts
- Developer
- QUBE Development
- Community
- Business Bay
- Status
- Under construction
- Handover
- Q4 2028
- Starting price
- On request
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom Duplex
- Payment plan
- 60/40
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Elire
- 01
Shortlist and reserve
Choose a unit type and view at Elire and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
QUBE Development 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 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
- Hospitality management by the LUX* brand
- Intimate scale of about 100 residences
- Close to Downtown Dubai and Dubai Mall
What to weigh
- Published entry prices diverge widely between portals, so no starting figure is stated here
- Handover of Q4 2028 comes from listings rather than a developer statement
FAQ
Elire — frequently asked questions
What is the starting price of Elire?
Pricing for Elire has not been publicly published. Contact MRK Real Estate for the current price list.
When is the handover of Elire?
Elire is scheduled for handover in Q4 2028. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Elire?
60/40
Who is the developer of Elire?
Elire is developed by QUBE Development in Business Bay, Dubai.
What unit types are available at Elire?
Elire offers 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom Duplex.
Where is Elire located?
Elire is in Business Bay, Dubai.
Can foreigners buy at Elire?
Yes. Business Bay is a freehold area, so buyers of any nationality can own property at Elire outright.
How do I buy or sell at Elire?
MRK Real Estate advises on primary purchases and resales at Elire. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with QUBE Development before any transaction.
