Developer: Meraas · Elara

Elara 1

Elara 1 is a residential project by Meraas in Elara, Dubai, with prices from AED 2 300 000, handover Q4 2026, construction 64.3% complete per the DLD registry, 236 units, 248 DLD-registered sales since 2023.

Price fromAED 2 300 000Developer supplied
HandoverQ4 2026Developer supplied
Construction64.3%DLD registry · checked 20.07.2026
Units236DLD registry
DLD sales248 since 2023DLD registry
Median sale priceAED 31 311/m²Our calculation
Mortgage~AED 9 710/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeUnitsTypical size, sq.ft
1 Bedroom106721–979
2 Bedroom1051 415–1 779
3 Bedroom231 927–2 307
4 Bedroom33 692–4 533
Other units3973–4 229

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Payment plan 70/30

The purchase price is split into these stages.

120%Down payment
250%During construction
330%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 2 300 000 AED is 9 712 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

64.27%
  • StatusActive
  • Construction started25.11.2023
  • HandoverQ4 2026
  • Status date20.07.2026
  • Progress between DLD inspections+10.71% (30.04.2026 → 20.07.2026)
  • Escrow bankFirst Abu Dhabi Bank
  • Scale3 bldg
  • DLD project number2754

Data from the Dubai Land Department project registry (updated 07.10.2026 09:55).

Inspection history 9
025507510005.09.202320.07.2026
Actual, per inspections

Pace: 4.81% per month. At this rate 100% falls on 03.03.2027.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 54
20.07.2026 64.27%
Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 1 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 2 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 3 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 4 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 5 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 6 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 7 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 8 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 9 of 10Elara 1, Elara construction progress — 20 July 2026, 64.27% complete, photo 10 of 10
30.04.2026 53.56%
Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 1 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 2 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 3 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 4 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 5 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 6 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 7 of 8Elara 1, Elara construction progress — 30 April 2026, 53.56% complete, photo 8 of 8
30.01.2026 40.04%
Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 1 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 2 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 3 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 4 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 5 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 6 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 7 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 8 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 9 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 10 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 11 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 12 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 13 of 14Elara 1, Elara construction progress — 30 January 2026, 40.04% complete, photo 14 of 14
22.10.2025 22.14%
Elara 1, Elara construction progress — 22 October 2025, 22.14% complete, photo 1 of 4Elara 1, Elara construction progress — 22 October 2025, 22.14% complete, photo 2 of 4Elara 1, Elara construction progress — 22 October 2025, 22.14% complete, photo 3 of 4Elara 1, Elara construction progress — 22 October 2025, 22.14% complete, photo 4 of 4

18 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
29.07.20262 BR166.21 386 000
01.07.20262 BR146.94 100 000
11.05.20262 BR115.93 587 000
11.05.20262 BR141.24 700 014
19.02.20262 BR131.53 900 013
22.01.20261 BR67.02 533 000
09.01.20262 BR165.43 650 000
25.12.20252 BR131.94 050 000
17.12.20251 BR54.21 879 862
21.11.20251 BR89.52 475 000
10.11.20251 BR67.02 681 000
22.10.20251 BR125.43 800 000
14.07.20251 BR67.72 500 589
05.05.20252 BR146.23 900 000
17.03.20252 BR146.23 980 000
17.03.20251 BR67.72 582 000
21.01.20251 BR67.72 372 000
04.12.20242 BR131.53 700 000
30.10.20242 BR147.13 590 000
28.10.20242 BR141.24 500 000
30.09.20242 BR131.53 570 000
18.07.20242 BR165.43 464 000
18.07.20242 BR147.13 462 000
18.07.20241 BR79.22 648 000
18.07.20243 BR218.15 674 000
18.07.20242 BR115.93 958 000
18.07.20243 BR179.07 163 000
19.03.20242 BR166.23 465 000
14.03.20241 BR67.42 565 000
08.03.20241 BR79.12 802 000
05.03.20243 BR179.05 600 000
29.02.20241 BR67.02 631 000
21.02.20242 BR131.53 531 000
21.02.20241 BR79.12 550 000
21.02.20242 BR131.53 634 000
12.02.20242 BR141.93 815 000
12.02.20241 BR67.72 513 000
12.02.20242 BR146.23 707 000
08.02.20242 BR147.13 529 000
07.02.20241 BR67.72 490 000
07.02.20241 BR79.22 552 000
07.02.20241 BR67.72 489 000
07.02.20243 BR179.07 099 000
07.02.20241 BR67.72 325 000
07.02.20242 BR146.23 707 000
07.02.20242 BR141.23 554 000
02.02.20241 BR91.02 900 000
02.02.20242 BR131.93 530 000
02.02.20241 BR86.32 594 000
02.02.20242 BR131.93 598 000

Dubai Land Department transaction registry, updated 06.10.2026. Explore Dubai property transactions →

Registered transactions in Elara 1

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

248deals since 2023
31 311AED per m², median
0%resale, the rest bought from the developer

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom682 548 00037 471108
2 bedrooms1463 627 00024 842114
3 bedrooms1796 875 00038 40823

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Elara 1 worth?

DLD has recorded 248 sales in this building since 2023. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

By submitting the form you agree to the processing of your contact details.

Amenities

  • Lobby
  • Swimming pools
  • Play areas
  • Fitness centres
  • Sports park
  • Parkland
  • Green promenades

What is nearby

  • Dubai International Airport20 мин
  • Dubai Internet City8 мин
  • Dubai Marina15 мин
  • Dubai Media City5 мин
  • Mall of the Emirates5 мин
  • Sheikh Zayed Road2 мин
Elara 1

About the project

Elara 1 is a residential development by Meraas within Madinat Jumeirah Living in Umm Suqeim 3. It forms part of the Urban Edition and includes one-, two- and three-bedroom apartments alongside four-bedroom penthouses. The development is active, with 64.27% completion recorded on 20 July 2026 and completion dated 25 November 2026.

Elara 1 within Madinat Jumeirah Living

Elara 1 sits within Madinat Jumeirah Living, a residential community in Umm Suqeim 3. The development is positioned adjacent to Burj Al Arab and close to Jumeirah Beach Hotel, Wild Wadi Waterpark, shopping malls, public transport links and schools. Elara is part of the Urban Edition at Madinat Jumeirah Living, following Jomana as the newest phase of that collection. The setting includes green promenades, parkland and views towards the surrounding Jumeirah area. The community is described through a combination of contemporary residential design, landscaped spaces and the traditional character associated with the nearby Madinat Jumeirah area. The registered Elara development comprises three residential buildings with a combined 236 units, including 234 residential units and two retail units.

Homes and design

Elara 1 offers one-, two- and three-bedroom apartments, as well as four-bedroom penthouses. The homes follow a contemporary design direction with modern interiors and open, flowing spaces. The architecture is intended to remain connected to the wider character of Madinat Jumeirah Living while introducing a modern residential expression. Views of Burj Al Arab form a key aspect of the development, and some east-facing homes look towards the landmark. The wider setting also includes sea-front views and sunset vistas. Within the registered project, Building A is configured as basement, ground floor, nine floors and roof, with 82 residential units. Building B has basement, ground floor, nine floors and roof, with 64 residential units and two retail units, while Building C has basement, ground floor, 10 floors and roof, with 88 units.

Parkland, pools and resident facilities

Elara 1 is planned around the landscaped setting of Madinat Jumeirah Living. The available facilities include a lobby, swimming pools, play areas, fitness centres, a sports park, parkland and green promenades. A swimming pool under palm trees is featured within the development, together with spacious green landscapes. The community’s parkland incorporates facilities intended for different age groups, including play areas, fitness facilities, swimming pools and the sports park. These elements place outdoor recreation and landscaped circulation within the residential setting. The development’s amenity programme combines the swimming pools and fitness centres with play areas and open green space, while the lobby provides an arrival point for residents and visitors.

Location and nearby destinations

Madinat Jumeirah Living is close to Souk Madinat Jumeirah, Jumeirah Beach and Burj Al Arab. Souk Madinat Jumeirah is five minutes away by car, while Mall of the Emirates is also five minutes away. Jumeirah Beach Residence and Bluewaters Island are each 10 minutes away, and Dubai Marina is 15 minutes away. Dubai International Airport is 20 minutes away. Madinat Jumeirah is 0.9 km from Elara 1, while Wild Wadi is 1.0 km away. Sunset Beach and Umm Suqeim Park are both 1.8 km away. Vox Cinemas at Mall of the Emirates is 1.7 km away, and Emirates Golf Club is 5.9 km away. Kings’ School Dubai is 0.5 km away and Raffles International School is 0.7 km away.

Price, payment plan and completion

Prices for Elara 1 start from AED 2.3 million. The payment plan is structured as 20% on booking, 50% during construction through the first to fifth instalments, and 30% on handover. This is a 70/30 plan, with 70% payable before handover and the remaining 30% on completion. Handover is scheduled for Q4 2026. The project start date is 25 November 2023, and the recorded completion date is 25 November 2026. Elara is active and its completion ratio is 64.27%, based on the inspection dated 20 July 2026. The development has 236 units in total across its registered project scope.

Meraas

Meraas is the developer of Elara 1. Its residential portfolio includes City Walk Residences, Bluewaters Residences, Nikki Beach Residences, BVLGARI Residences and Port de La Mer. Elara 1 forms part of Meraas’s Madinat Jumeirah Living community and its Urban Edition. The development combines apartment and penthouse layouts with the wider community’s landscaped parkland, green promenades, sports park, fitness centres, play areas and swimming pools. Meraas has positioned Madinat Jumeirah Living close to established Jumeirah destinations including Burj Al Arab, Jumeirah Beach Hotel, Wild Wadi Waterpark and Souk Madinat Jumeirah. Elara 1 is one of the residential projects within this master-planned setting.

Frequent questions

Who is the developer of Elara 1?
Elara 1 is developed by Meraas. It is part of the Urban Edition within Madinat Jumeirah Living.
Where is Elara 1 located?
Elara 1 is located in Madinat Jumeirah Living, Umm Suqeim 3. It is adjacent to Burj Al Arab.
What types of homes are available at Elara 1?
The development offers one-, two- and three-bedroom apartments and four-bedroom penthouses.
What is the starting price for Elara 1?
Prices start from AED 2.3 million.
What is the Elara 1 payment plan?
The plan requires 20% on booking, 50% during construction and 30% on handover. It is structured as a 70/30 payment plan.
When is Elara 1 handover?
Handover is scheduled for Q4 2026. The recorded project completion date is 25 November 2026.
What is the completion status of Elara 1?
Elara is active, with a recorded completion ratio of 64.27%. The inspection date for this ratio is 20 July 2026.
What facilities are planned at Elara 1?
Facilities include swimming pools, play areas, fitness centres, a sports park, parkland, green promenades and a lobby.
What is near Elara 1?
Souk Madinat Jumeirah and Mall of the Emirates are each five minutes away by car. Jumeirah Beach Residence and Bluewaters Island are each 10 minutes away.
How can I buy an apartment in Elara 1?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Elara 1 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-08-07, https://continentalclub.ae/project/elara-1-elara/