Elara at Madinat Jumeirah Living by Meraas

Elara is a residential project by Meraas in Madinat Jumeirah Living, Dubai, made up of three mid-rise buildings (A, B and C) with 237 residences in total. It offers 1, 2 and 3 bedroom apartments and 4 bedroom penthouses, and it is under construction with handover expected in Q4 2026.

Elara is in Madinat Jumeirah Living in Umm Suqeim, Dubai, a Meraas community next to the Burj Al Arab, Jumeirah Beach Hotel and Souk Madinat Jumeirah. The developer's published drive times are about 5 minutes to Mall of the Emirates and Souk Madinat Jumeirah, 10 minutes to Bluewaters Island and Jumeirah Beach Residence, 15 minutes to Dubai Marina and 20 minutes to Dubai International Airport.

Elara has four unit types: 1 Bedroom Apartments from AED 2.37M ≈ USD 646K (721 to 1,350 sq ft, 67 to 125 sq m), 2 Bedroom Apartments from AED 3.55M ≈ USD 967K (1,247 to 1,788 sq ft, 116 to 166 sq m), 3 Bedroom Apartments from AED 7.80M ≈ USD 2.12M (1,927 to 2,356 sq ft, 179 to 219 sq m) and 4 Bedroom Penthouses from AED 10.95M ≈ USD 2.98M (3,692 to 4,533 sq ft, 343 to 421 sq m). The final price depends on the specific unit.

Within the project, Meraas highlights a welcoming lobby, bright lounging spaces, a swimming pool shaded by palms and spacious green landscapes between the buildings. Residents also use the wider Madinat Jumeirah Living parkland, which the developer lists with fitness centres, play areas, a sports park and swimming pools.

Handover of Elara is expected in Q4 2026, which places the project in its final months of construction. Progress against RERA inspection data is tracked month by month in the Elara construction updates guide.

The main cost on top of the purchase price is the 4% DLD registration fee, calculated on the price and paid to the Dubai Land Department when the sale is registered, not into the project escrow account. Under Elara's 70/30 payment plan it falls due at booking, alongside the 20% booking payment.

Elara is sold on a 70/30 payment plan from Meraas: 20% of the price on booking, plus the 4% DLD registration fee, 50% during construction and the final 30% upon handover, which is expected in Q4 2026. The plan is linked to construction stages rather than fixed calendar dates. Because construction is well advanced, buyers reserving now settle the part of the construction-stage payment already called at signing, per Meraas's current terms, and the exact schedule for each unit is confirmed in the Sale and Purchase Agreement at reservation.

Yes. Elara is a freehold project open to all nationalities, so buyers from any country can own their apartment or penthouse outright, with ownership registered in their name.

Every Elara unit type is priced at or above the AED 2M ≈ USD 545K property investment threshold for the 10 year UAE Golden Visa, starting from AED 2.37M ≈ USD 646K for a 1 bedroom apartment. Eligibility is assessed on the value of the specific unit you buy, so it should be confirmed unit by unit. The Elara Golden Visa guide explains the application route for buyers at this project.

Payments for Elara go into the project's DLD-registered escrow account with First Abu Dhabi Bank and are released to the developer only against verified construction progress, a framework regulated by the Dubai Land Department. The Elara escrow account guide explains how the account works.

Yes. Reservation, SPA signing and DLD registration can all be completed remotely, and I manage the remote purchase end to end with Meraas on your behalf. Each stage of the process is documented in my Dubai real estate guide library.

At the time of writing, 3 units are available at Elara out of 237 residences. Availability is controlled by Meraas, which releases and prices units directly, so the remaining stock and its prices can change between the date of this page and the day you reserve.