- From
- AED 2.3M
- ≈ $626K
- Handover
- Q4 2026
- 64% built
- Homes
- 1 bed to 4 bed
- 721 – 4,533 sqft · 240 units
Price per sqft vs registered sales
Dubai Land Department open dataAED 2,538/sqft (est.)
The DLD median for apartments in Jumeirah is AED 7,638/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 57 was scored
6 of 7 factors · 95% of the weight · 24 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleAssessed · weight 10
- The basics on fileNot assessed · weight 5
61 → 57 24 Sep 2026, price, resale factorsScored since 24 Sep 2026 · 1 change
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 57
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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q4 2026
Under construction · 64.27% built, the DLD's project register, 24 Sep 2026
What this means
Elara is due to hand over in Q4 2026. Construction is 64.27% complete according to the DLD's project register (24 Sep 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
20/50/30
- Down payment
- 20%
- During construction
- 50%
- On handover
- 30%
What you’d pay and when
On the starting price of AED 2,300,000, as the plan splits it.
- 20% at bookingAED 460,000≈ $125K
- 50% during construction, until handover (Q4 2026)AED 1,150,000≈ $313K
- 30% on handover (Q4 2026)AED 690,000≈ $188K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 2.3M1 bed
721 – 1,350 sqft
2 bed
1,247 – 1,788 sqft
3 bed
1,926 – 2,355 sqft
4 bed
3,691 – 4,533 sqft
Apartment · 240 homes · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | 1 bed | 721 – 1,350 | AED 2.3M | AED 3,190 |
| Apartment | 2 bed | 1,247 – 1,788 | AED 3.17M | AED 2,538 |
| Apartment | 3 bed | 1,926 – 2,355 | AED 6.62M | AED 3,437 |
| Apartment | 4 bed | 3,691 – 4,533 | AED 10.9M | AED 2,967 |
DLD registration status
- Project registration2754
- Escrow account4031224784662012
- Developer licenceNot published yet
Where the figures come from, and what escrow means
Elara is registered with the Dubai Land Department (DLD) under project number 2754. Buyer payments go to escrow account 4031224784662012. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/meraas-holding/elara), read 2026-09-24; found in the Dubai web sweep; 3 off-plan sales registered with the DLD in 2026 under "ELARA". Construction figure from the DLD's project register, 24 Sep 2026. Launch date from the DLD's project register.
About
Elara is Meraas' apartment tower of 240 homes in Madinat Jumeirah Living, Dubai, with one to four-bedroom apartments from about 721 to 4,533 sq ft.
Read more
Prices start at AED 2,300,000 on a 20% booking, 50% during construction and 30% on handover plan, with handover listed for the fourth quarter of 2026. The project is registered in Dubai as 2754, escrow account 4031224784662012, and stood at 64.3% built at the register's last reading (2026-09-24).
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Meraas apartment tower in Madinat Jumeirah Living
- One to four-bedroom apartments from 721 sq ft
- 20/50/30 payment plan
- Handover Q4 2026
- Developer
- Meraas
- Status
- Under construction
- Sales launch
- 25 Nov 2023
- Total units
- 240
- Ownership
- Freehold
Amenities
- Retail Facilities
- Health Club
- Gymnasium
- Mosque
- Landscaped Gardens
- Landscaped Parks
- Security
- Children's Play Area
- Shared Pool
Madinat Jumeirah Living · Dubai
Dubai Holding's low-rise apartment community across the road from Madinat Jumeirah and Burj Al Arab, built in named clusters.
More in Madinat Jumeirah Living
Compare side by sideAll projects in Madinat Jumeirah Living
Elara: questions buyers ask
How much does Elara cost?
Prices at Elara start from AED 2,300,000 and reach AED 10,950,004 (about $626K) for 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Elara?
The asking price is around AED 2,538 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Elara handover date?
Elara is expected to hand over in Q4 2026. The project is under construction, 64.27% built according to the DLD's project register. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Elara payment plan?
Elara is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Elara?
Elara scores 57 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Madinat Jumeirah Living according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 6 of the 7 are assessed here, 95% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Elara?
Elara is being developed by Meraas. It sits in Madinat Jumeirah Living, Dubai. You can see every project by Meraas we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Elara?
Elara is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Elara registered with DLD?
Elara is registered with the Dubai Land Department (DLD) under number 2754. Buyer payments go to escrow account 4031224784662012. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 1 change since, last 24 Sep 2026
Payment plan changed to 20/50/30
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/meraas-holding/elara), read 2026-09-24; found in the Dubai web sweep; 3 off-plan sales registered with the DLD in 2026 under "ELARA"
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/meraas-holding/elara), read 2026-09-24; found in the Dubai web sweep; 3 off-plan sales registered with the DLD in 2026 under "ELARA"
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