Madinat Jumeirah Living - Elara
Madinat Jumeirah Living, Dubai

Madinat Jumeirah Living - Elara

Elara is the eighth phase of Madinat Jumeirah Living by Meraas, which is adjacent to the iconic Burj Al Arab. The project comes as part of the Urban Edition collection, following the success of Jomana.

Launch Price
2.30m
Handover
Q4 2026

Project Overview

Elara is the eighth phase of Madinat Jumeirah Living by Meraas, which is adjacent to the iconic Burj Al Arab. The project comes as part of the Urban Edition collection, following the success of Jomana. It features an array of 1-3 bedroom apartments and three 4-bedroom penthouses for acquisition. The property sizes range from 716 sq. ft to 10,059 sq. ft. Among the key features of the layouts are a balcony and a laundry room. The 3- and 4-bedroom residences come with a maid’s room. The development will house an array of world-class amenities for wellness and recreation.

Floor Plans

All
Apartments
Penthouses

1 Bedroom

Apartments

Floor plan
Starting price: On Request
Living area:

1 Bedroom

Apartments

Floor plan
Starting price: 2.30m
Living area:
Price per 3.15k

2 Bedrooms

Apartments

Floor plan
Starting price: On Request
Living area:

2 Bedrooms

Apartments

Floor plan
Starting price: 3.13m
Living area:
Price per 2.21k

3 Bedrooms

Apartments

Floor plan
Starting price: On Request
Living area:

3 Bedrooms

Apartments

Floor plan
Starting price: 5.60m
Living area:
Price per 2.90k

4 Bedrooms

Penthouses

Floor plan
Starting price: 10.95m
Living area:
Price per 2.46k

View All Floor Plans in One Click

Payment Plan

A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!

  • On Booking

    20%

    Payment
  • On construction

    50%

    Payment
  • On Handover

    2026

    30%

    Payment

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    About the Developer

    State-owned developer

    Meraas Logo

    Meraas

    Meraas delivers world-class residential, commercial and infrastructure projects that strengthen Dubai's position as a global investment destination. The company’s main focus is on innovation in their respective field. Key projects in Meraas’ portfolio are Port de La Mer, Jumeirah Bay, City Walk Residences, Bluewaters Residences, Nikki Beach Residences, Bvlgari Residences and La Mer Maisons.

    • 83

      Completed projects

    • 2007

      Year of foundation

    More about developer
    Meraas Logo

    FAQ

    • Who is the developer of Elara?

      Meraas is the developer of Elara.

    • What is the address of Elara?

      It is part of Madinat Jumeirah Living in Umm Suqeim.

    • What are the offered unit types?

      Among proposed units are 1-3 bedroom apartments and 4-bedroom penthouses.

    • What is the completion date of Elara?

      The development is due for completion in Q4 2026.

    • What are the payment plans for Elara?

      You can take advantage of an excellent 70/30 payment plan, which includes a 20% booking fee.

    • How much does an apartment and a penthouse cost in Elara?

      As of September 2023, the starting price for an apartment is AED 2.3M (USD 626K). A penthouse can be acquired for a minimum of AED 10.95M (USD 2.98M).

    • Can I get residency if I buy property in Elara?

      Yes, you can obtain residency if you decide to invest in Elara real estate.

    • What type of visa can I get when I buy a property?

      You and your family have the opportunity to obtain a 10-year Golden visa, priced at AED 2M (USD 545K).

    • Can a foreigner buy property in Elara?

      Yes, since the project is freehold.

    • Is an apartment in Elara a good investment?

      Elara real estate is an excellent investment, as 1-bedroom apartments in Madinat Jumeirah Living offer a gross ROI of 7.5% on average. The starting rental price is AED 115K (USD 31K) per annum.

    • Is Elara a good place for living in Dubai?

      It is a great residential option for singles, young couples and families with children. The infrastructure of the development is outstanding.

    • What are the pros and cons of living in Madinat Jumeirah Living?

      Madinat Jumeirah Living is located in one of Dubai’s most prestigious areas, with easy access to numerous amenities. These include Golden Beach Nursery, First Steps Nursery Montessori, Seven D Medical Center and Emirates NBD, to name a few.

    About Metropolitan Premium Properties

    Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.

    More about us
    About Metropolitan Premium Properties
    • 18+

      years of experience

    • 7000+

      listings in the database

    • 120+

      industry awards

    • 500+

      agents across all offices

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    Our Services

    01

    Property Management

    Full property management — from valuation and tenant sourcing to payment control and legal support.

    • Tenant selection and screening
    • EJARI registration and lease renewals
    • Handling technical and legal matters
    Learn more
    02

    Consulting

    Comprehensive corporate and legal support in the UAE — from company registration and bank account opening to visa processing, inheritance and notary services.

    • Company formation and licensing
    • Bank account opening
    • Property gifting & wills
    Learn more
    03

    Escrow and Conveyancing

    Escrow and conveyancing services — full due diligence of the property and parties, payment calculations, coordination with DLD, banks and developers, secure fund transfer and title deed registration.

    • Off-plan and secondary properties
    • Cash and mortgage transactions
    • Remote execution via Power of Attorney
    Learn more
    04

    Property Handover

    Property handover assistance — organizing the handover procedure, verifying property readiness and collecting all required documentation from the developer or seller.

    • Document and property verification
    • Utility connections
    • Collection of handover documents and warranties
    Learn more
    05

    Snagging Inspection

    Professional snagging inspection before handover — identification of construction defects and supervision of rectification within the warranty period.

    • Inspection of engineering systems
    • Quality control
    • Negotiation with the developer
    Learn more
    06

    Mortgage Assistance

    Full mortgage assistance in the UAE — from selecting the optimal program and obtaining pre-approval to bank coordination and transaction completion.

    • Ready property mortgages
    • Off-plan financing
    • Sharia-compliant programs
    Learn more
    07

    Interior Design

    Comprehensive interior design and furnishing services — from concept and 3D visualization to furniture selection, procurement and full project supervision.

    • Design project
    • Author supervision
    • Furnishing
    Learn more
    08

    Residence Visas

    Complete support with all types of residency visas — from document preparation and medical tests to obtaining the Emirates ID.

    • Property Investor Visa
    • Golden Visa
    • Family Visa
    Learn more

    Our Achievements

    1st place

    Arada Broker Awards 2025

    2nd place

    One Broker Group 2024

    1st place

    The Black Onyx Awards 2024

    2nd place

    Omniyat Broker Awards 2024

    3rd place

    Alhamra Top Broker of the Year 2023

    1st place

    TAG Top Partner 2023

    3rd place

    DAMAC Broker Awards 2023

    3rd place

    IRTH Broker Awards Q3 2024

    What Clients Say About Us

    4.7

    Star
    Excellent.
    Raghu’s service has been great.
    I have made very good experiences with Metropolitan Properties. I have worked with Raghu Nair - he is very responsive and available 24/7, he has the right instict for the best units and fights like a tiger to get them for his clients :-)
    Top company, I recommend
    Excellent service from Raghu Nair at Metropolitan Premium Properties. He was professional, responsive, and guided us smoothly throughout the entire process. Highly recommended!
    I recently bought a secondary unit with Raghu. I had a seamless experience and he tries to be as helpful as possible. Would 100% recommend working with them especially for secondary sales.
    Raghu is the best of the best sales person and always doing the close follow up Highly recommended
    I want to share my experience with Mr. Raghu Nair, his excellence in the way to bring exactly what the customer need , his support 24/7 , he can advice with any questions regarding documents, payments, locations . Thank you
    Had a great experience with Metropolitan properties especially with Mr Raghu Nair who is hardworking sincere and honest in his dealings with clients. From assisting in looking out for options to helping get tenants for my apartment to getting mortgage loans, he has been meticulously h...
    Mr Raghu Nair was extremely helpful, courteous, honest and guided us all along to complete the transaction. He answered all our queries and was available 24/7.
    They are the best I had deal with them many times Many Thanks Specifically mr Raghu Nair
    I had an excellent experience purchasing my property in Al Wasl through Metropolitan Premium Properties. A special thanks to Mr. Raghu for the outstanding support throughout the entire process. Mr. Raghu was professional, knowledgeable, responsive, and made every step smooth and stres...
    John Adaya is the best agent I have dealt with. He helped with our communications with the landlord very well, and helped sort the best deal for our stay
    Sevgi Tosun was a fantastic agent. She got me a great deal and managed the entire handover process from start to finish. She was extremely professional and attentive. Highly recommend.
    Thank you for giving us the opportunity to provide our carpet shampoo service. We truly value your trust and look forward to serving you again in the future.