Elara 1Madinat Jumeirah Living
2,390,000 AEDstarting
3,284 AED/ft²
Delivery Date: Q4 2026
228 units54%Available Now
Elara 1
Madinat Jumeirah Living
1 - 4 BedsApartment
Launch price
2,390,000 AED
Booking
20%
Booking
Construction
50%
Construction
Handover
30%
Handover
Local Information
-- to
Description
Elara offers apartments for sale in Madinat Jumeirah Living — an off-plan development by Meraas comprising 241 units. These five-story low-rise buildings are part of the prestigious eighth phase of MJL, blending architectural brilliance with sustainable design. Meraas launched the project in 2024, with an anticipated completion in December 2026. The payment plan includes 20% on booking, 50% during construction, and 30% upon handover. Elara is located in Umm Suqeim, near the iconic Burj Al Arab and Wild Wadi Waterpark, offering captivating views. Residents will find easy access to Souk Madinat Jumeirah, Jumeirah Beach, and the Mall of the Emirates. The development provides superb connectivity to Sheikh Zayed Road, Dubai Media City, and Dubai Internet City. This community emphasizes walkability and green spaces, consistent with the overall Madinat Jumeirah Living ethos.
Price Analysis for Elara 1
Apartment
1 B/R
11%
103 units
717 – 1,350 ft²
No market history available yet
Starting price
2.39M
3,284 /ft²
Current price
2.42M
2,912 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Elara 1
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 21 Nov 2025 | 2,475,000 | Apartment | 1 B/R | 963 ft² | — | 2,570 |
| 21 Jan 2025 | 2,372,000 | Apartment | 1 B/R | 729 ft² | — | 3,254 |
| 18 Jul 2024 | 2,648,000 | Apartment | 1 B/R | 852 ft² | — | 3,108 |
| 12 Feb 2024 | 2,513,000 | Apartment | 1 B/R | 729 ft² | — | 3,447 |
| 7 Feb 2024 | 2,489,000 | Apartment | 1 B/R | 729 ft² | — | 3,414 |
21 Nov 2025
2,475,000
1 B/RApartment
963 ft²
—
2,570
21 Jan 2025
2,372,000
1 B/RApartment
729 ft²
—
3,254
18 Jul 2024
2,648,000
1 B/RApartment
852 ft²
—
3,108
12 Feb 2024
2,513,000
1 B/RApartment
729 ft²
—
3,447
7 Feb 2024
2,489,000
1 B/RApartment
729 ft²
—
3,414
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 5 most recent sales transactions
What's Available for Elara 1
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Madinat Jumeirah Living
Comparable Buildings in Madinat Jumeirah Living
Assigned Schools
Affordability
Contact datahabibi
FAQ
Elara 1 is situated in the Umm Suqeim district, positioned directly opposite the Burj Al Arab. This freehold community is designed as a pedestrian-centric neighbourhood, featuring interconnected walkways that provide direct access to the Madinat Jumeirah Resort.
The building appeals to both end-users seeking a coastal lifestyle and investors looking for assets in an established freehold area. The project's mix of 1- to 3-bedroom apartments and 4-bedroom penthouses caters to professionals and families desiring a low-density, resort-style environment.
This development provides access to swimming pools, fitness centres, and children's play areas within the complex. The broader Madinat Jumeirah Living community also features landscaped gardens, jogging and cycling paths, and a community centre.
The tower is an off-plan development with an expected handover date scheduled for December 2026. Construction is currently progressing toward this delivery timeline.
