- Sold from8 sales, 12 months · DLD; cheapest: all 1-beds
- AED 2.52M≈ $685K
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 2.3M
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 2.52M
- 8 sales, 12 months · DLD; cheapest: all 1-bedsListed from AED 2.3M
- Bedrooms
- 1 bed to 4 bed
- 721 – 4,533 sqft · 240 units
- Payment plan
- 20/50/30
- AED 460K to book
- Handover
- Q4 2026
- 64% built per the DLD · likely later
Homes and floor plans
240 homes · FreeholdPick a home: the plan and the forecast follow it.
Paid: middle half of each type's off-plan sales, Dec 2025–Nov 2026 · DLD
Payment plan · 1-bed apartment
On AED 2.3M- 20% at bookingAED 460K
- 50% during construction, until handover (Q4 2026)AED 1.15M
- 30% on handover (Q4 2026)AED 690K
Before the keys: AED 1.61M, 70% of the price.
Meraas’ own file on propertyfinder.ae, checked 30 Sep 2026
Location · 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.
Forecast
What the 1-bed apartment could be worth
More in Madinat Jumeirah Living
Compare side by sideAll projects in Madinat Jumeirah Living
The in-depth review
Why it scores 70
Price per sqft vs registered sales
Dubai Land Department open dataAED 3,078/sqft (est.)
The DLD median for apartments in Madinat Jumeirah Living is AED 2,729/sqft (as of 10 Nov 2026). This project's figure is our estimate from the listed prices and unit sizes, so no gap is shown here; the score's price factor reads it at half weight, capped at 70. The gap appears once the register shows ten of this project's own sales or the developer states a price per sqft.
How the 70 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- Our estimate from its typical home, against the median of 103 off-plan sales in Madinat Jumeirah Living · DLD
- Developer track record
- Our rating, 15 delivered projects, how its 12 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 50% during construction · 30% on handover
- Location and infrastructure
- Our rating of Madinat Jumeirah Living, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 94 resales of finished apartments in Madinat Jumeirah Living this year · DLD
- Construction on schedule
- 64% built on the DLD register, handover Q4 2026
- How much is still being built nearby
- 340 homes sold in Madinat Jumeirah Living this year, 72% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence low: the price figure is our estimate from the price and size of the typical home, not a registered or stated price.
71 → 70 2 Nov 2026, price, developer record, resale, supply factorsScored since 24 Sep 2026 · 9 score changes
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 breakdown behind the 70
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 8 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at Elara, and everything behind the 70.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- 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
Meraas: 15 projects delivered in the last ten years, typically on time, none cancelled.
Elara is due to hand over in Q4 2026. Construction is 64.27% complete according to the DLD's project register (24 Sep 2026). At that progress it cannot hand over by Q4 2026 at any usual building pace. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration2754
- Escrow account4031224784662012
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's project register, 24 Sep 2026. Launch date from the DLD's project register.
Before you pay: four things to check
1The escrow account
Pay only into escrow account 4031224784662012, and check it on dubailand.gov.ae first.2The handover date
The listed date is Q4 2026. The DLD shows 64% built on 24 Sep 2026, a pace that points to later. Ask for the date in the sales agreement.3Today's price list
AED 2,300,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 50% during construction, 30% at handover. Ask for each payment's date and amount.
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
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).
- 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
What’s nearby
straight-line distance- School410 m
- Hospital or clinic470 m
- Supermarket or mall610 m
- Beach790 m
- Metro or tram stop1.6 km
The nearest of each on OpenStreetMap, Sep 2026.
Elara: questions buyers ask
How much does Elara cost?
Registered sales at Elara start from AED 2,516,000 (about $685K): the cheapest tenth of 8 off-plan sales (all 1-beds), Nov 2025–Nov 2026, per DLD. It is listed from AED 2,300,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Elara?
The asking price is around AED 3,078 per sqft, our estimate from the listed prices and unit sizes.
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.
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.
What is the Rendr Score of Elara?
Elara scores 70 of 100 on the Rendr Score, good, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
Who is the developer of Elara?
Elara is being developed by Meraas. It sits in Madinat Jumeirah Living, Dubai.
Is Elara registered with DLD?
Elara is registered with the Dubai Land Department (DLD) under number 2754. Buyer payments go to escrow account 4031224784662012. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 1 change since, last 24 Sep 2026
Payment plan stated: 20/50/30
Source: propertyfinder.ae, read 24 Sep 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026