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Elara

UMM SUQEIM THIRD Part 1 · Meraas · Updated 24.12.2024
Meraas

Highlights

Realiste rating
2 awards
Building rating ?
A
handover
Q4-2026
Area from
716 ft²
price from
2300000 AED
floors
10
Property type
Apartments
Madinat Jumeirah Living is an arabesque collection of residences located in one of the most prestigious areas of the city. The design philosophy within the community is evolving to become a fusion of the traditional and the contemporary. The introduction of Elara marks the newest phase to the Urban Edition after Jomana, now becoming an integral part of a leading portfolio of property development landmarks that define Dubai.

This cosmopolitan city has fast become one of the most attractive investment arenas in the world. Where stunning aspirational residences like Madinat Jumeirah Living offer sanctuary to those in the world’s leading business communities spearheading international trade, innovation, tourism and retail. Welcome to urban luxury at its finest.
Conditions for the unit resale
  • The minimum amount of
    payment for subsequent
    resale
    40%+4% DLD
  • The payment plan
    Transferable
Non-profit service
  • Dubai ID*
    ✔
  • Bank account*
    ✔
Furniture
To be confirmed.
Convenience and security
- Roof Terrace
- Sky Gardens
- Infinity Pool
- Children’s pool
- Gym
- Play Area
Availability of greenery and water
  • Greenery
    Umm Suqeim Park
  • Water
    Al Sufouh 1
    Persian Gulf
Accessibility by car
  • Mall of the Emirates
    5 minutes
  • Souk Madinat Jumeirah
    5 minutes
  • Bluewaters Island
    10 minutes
  • Jumeirah Beach Residence
    10 minutes
  • Dubai Marina
    15 minutes
  • Dubai International Airport
    20 minutes
Realiste AI ratings
Building class
Economy class
358 place of 365 Projects
Price affordability
Not affordable
301 place of 358 Projects
Price compared to area average
Less (max)
116 place of 354 Projects
Developer rating
Very reliable
43 place of 330 Projects
Average price sqft
Good price
37 place of 362 Projects
Building attractivenes in area
Not attractive
300 place of 364 Projects
Development level
High developed
85 place of 363 Projects
Forecast for 3 years
Good growth
159 place of 362 Projects
Realiste Choice
Good potential
185 place of 365 Projects
Economy
Middle
Luxury
Building class
Price affordability
Price compared to area average
Developer rating
Average price sqft
Building attractivenes in area
Development level
Forecast for 3 years
Realiste Choice
Building class
358 place of 365
Economy
50%
Luxury
Price affordability
301 place of 358
Not affordable
820 USD/ft2
Very affordable

Location and infrastructure

Highlights of Elara

  • City: Dubai
  • Project: Elara
  • Apartments available: 2 apartments
  • Building class: 50% - Economy
  • Price affordability: 820 USD/ft2 - Not affordable
  • Price compared to area average: -4.6% - Less (max)
  • Developer rating: 4 - Very reliable
  • Average price sqft: 859 USD/ft2 - Good price
  • Building attractivenes in area: 0.45 - Not attractive
  • Development level: 52.3% - High developed
  • Forecast for 3 years: +18.2% - Good
  • Realiste Choice: 758 - Good

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