- Sold from43 sales, 12 months · DLD
- AED 1.13M≈ $306K
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 715K
- Buyers paid vs DLD median
- +16%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 1.13M
- 43 sales, 12 months · DLDListed from AED 715K
- Bedrooms
- Studio to 2 bed
- 226 – 646 sqft · 85 units
- Payment plan
- 20/40/40
- AED 143K to book
- Handover
- Q1 2028
- 0% built per the DLD
Homes and floor plans
85 homes · FreeholdPick a home: the plan and the forecast follow it.
Payment plan · studio
On AED 715K- 20% at bookingAED 143K
- 40% during construction, until handover (Q1 2028)AED 286K
- 40% on handover (Q1 2028)AED 286K
Before the keys: AED 429K, 60% of the price.
NEOTERRA’s own file on propertyfinder.ae, checked 30 Sep 2026
Location · Jumeirah Garden City · Dubai
The redevelopment of Al Satwa between Sheikh Zayed Road and Al Wasl Road, new mid-rise apartment buildings on the old plots.
Forecast
What the studio could be worth
More in Jumeirah Garden City
Compare side by sideAll projects in Jumeirah Garden City
The in-depth review
Why it scores 66
Price per sqft vs registered sales
Dubai Land Department open data · as of 10 Nov 2026+16% above what buyers paid nearby
43 off-plan sales, since 1 Jan 2026
Off-plan sales, last 6 months, in the register's Al Satwa district, 305 registered sales in the area · middle half AED 2,161 – AED 2,565
Our estimate from the listed prices and unit sizes
Off-plan sales pace
1.3 a month
8 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 2,778/sqft in this project (off-plan sales, since 1 Jan 2026, 43 registered sales, as of 10 Nov 2026) against the DLD median of AED 2,397/sqft for apartments in Jumeirah Garden City, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 2,889/sqft (est.). Source: Dubai Land Department open data.
How the 66 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
- 43 registered off-plan sales here, against the median of 305 off-plan sales in Jumeirah Garden City · DLD
- Developer track record
- Our rating
- Payment plan
- 20% down · 40% during construction · 40% on handover
- Location and infrastructure
- Our rating of Jumeirah Garden City, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 79 resales of finished apartments in Jumeirah Garden City this year · DLD
- Construction on schedule
- 0% built on the DLD register, handover Q1 2028
- How much is still being built nearby
- 1,153 homes sold in Jumeirah Garden City this year, 93% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 43 registered sales, against 305 in the area; the developer's record is not on either register under the names we hold, so its rating rests on its own pages and the press.
67 → 66 10 Nov 2026, price, supply factorsScored since 24 Sep 2026 · 8 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 66
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 48 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 Elmora Residence, and everything behind the 66.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q1 2028
Launched · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2028 in Jumeirah Garden City: 8 more projects we list
NEOTERRA: nothing delivered in the last ten years, none cancelled.
Elmora Residence is due to hand over in Q1 2028. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). 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 registration4088
- Escrow accountNot published yet
- 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 projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q1 2028. Ask for the date in the sales agreement.3Today's price list
AED 715,000 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 40% during construction, 40% at handover. Ask for each payment's date and amount.
About
Elmora Residence is NEOTERRA's apartment tower in Jumeirah Garden City, Dubai, with studios to two-bedroom apartments from about 226 to 646 sq ft.
- Developer
- NEOTERRA
- Status
- Launched
- Sales launch
- 15 Dec 2025
- Total units
- 85
- Storeys
- 9
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
What’s nearby
straight-line distance- Supermarket or mall260 m
- Hospital or clinic320 m
- Metro or tram stop660 m
- School1.3 km
- Beach2.1 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments5.1% in Al Satwa as a whole. A median rent of AED 91 per sqft a year on 1,237 new tenancy contracts, last 6 months, against AED 1,777 per sqft paid across 49 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Nov 2026. The working
Elmora Residence: questions buyers ask
How much does Elmora Residence cost?
Registered sales at Elmora Residence start from AED 1,125,000 (about $306K): the cheapest tenth of 43 off-plan sales, Jan–Jul 2026, per DLD. It is listed from AED 715,000, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at Elmora Residence?
Buyers paid a median of AED 2,778 per sqft at Elmora Residence (off-plan sales, since 1 Jan 2026, 43 registered sales).
When is the Elmora Residence handover date?
Elmora Residence is expected to hand over in Q1 2028. The project is launched, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is the Elmora Residence payment plan?
Elmora Residence is offered on a 20/40/40 plan: 20% on booking, 40% during construction and 40% at handover.
Is Elmora Residence priced above or below what buyers paid nearby?
Buyers paid a median of AED 2,778 per sqft in Elmora Residence (off-plan sales, since 1 Jan 2026, 43 registered sales), which is 16% above the median of AED 2,397 per sqft that buyers actually paid for apartments in Jumeirah Garden City, across 305 sales registered with DLD.
What is the Rendr Score of Elmora Residence?
Elmora Residence scores 66 of 100 on the Rendr Score, good, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
What rental yield do apartments in Al Satwa make?
About 5.1% gross for apartments in Al Satwa, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of Elmora Residence?
Elmora Residence is being developed by NEOTERRA. It sits in Jumeirah Garden City, Dubai.
Is Elmora Residence registered with DLD?
Elmora Residence is registered with the Dubai Land Department (DLD) under number 4088. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 3 changes since, last 4 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 15 Dec 2025
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Status changed to Launched (was Announced)
Source: propertyfinder.ae, read 24 Sep 2026
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026