Elara

Umm Suqeim Third · by Meraas

Homes1-bed – 4-bed
KeysQ4 2026
Built64%
Homes in total234
DeveloperMeraas

What stands out

  • low-rise MJL community with views of Burj Al Arab and Madinat Jumeirah
  • 4BR penthouses

Homes in this building

1-bed
721 – 1,350 sq ft · 1 bath · AED 3,190/sq ft
fromAED 2.3M
2-bed
1,247 – 1,788 sq ft · 2-4 baths · AED 2,538/sq ft
fromAED 3.17M
3-bed
1,926 – 2,355 sq ft · 4-5 baths · AED 3,437/sq ft
fromAED 6.62M
4-bed
3,691 – 4,533 sq ft · 5-6 baths · AED 2,967/sq ft
fromAED 10.95M

What's in the building

Swimming pools
Fitness centres
Day care centres
Parks and open spaces
Play areas
24/7 security
Bridge to Madinat Jumeirah

Payment plan

20% down payment, 50% during construction, 30% handover

Construction

64% built at the last Dubai Land Department inspection (14 Jul 2026).

Expected handover: Q4 2026. Completion date registered with the Dubai Land Department: 25 Nov 2026.

About this data: The developer's published details and the Dubai Land Department registry agree.

More in Umm Suqeim & Madinat Jumeirah

Other apartments under construction nearby

Riwa, Umm Suqeim & Madinat Jumeirah
Riwa
Umm Suqeim & Madinat Jumeirah
by Meraas
1-bed – 4-bed · Keys Q3 2027
From AED 2.35M
Elara at Madinat Jumeirah Living, Umm Suqeim & Madinat Jumeirah
Elara at Madinat Jumeirah Living64% built
Umm Suqeim & Madinat Jumeirah
by Meraas
1-bed – 4-bed · Keys Q4 2026
From AED 2.3M

More by Meraas

Their other projects with keys in 2026–27

Central Park Plaza, City Walk & Al Wasl
Central Park Plaza44% built
City Walk & Al Wasl
by Meraas
1-bed – 4-bed · Was due Q3 2026
From AED 2.73M
Bluewaters Bay, Bluewaters
Bluewaters Bay
Bluewaters
by Meraas
1-bed – 4-bed · Keys Q1 2027
From AED 2.85M
Riwa, Umm Suqeim & Madinat Jumeirah
Riwa
Umm Suqeim & Madinat Jumeirah
by Meraas
1-bed – 4-bed · Keys Q3 2027
From AED 2.35M
City Walk Northline, City Walk & Al Wasl
City Walk Northline
City Walk & Al Wasl
by Meraas
1-bed – 3-bed · Keys Q3 2027
From AED 1.83M
Bulgari Lighthouse, Jumeirah & La MerBranded · Bulgari
Bulgari Lighthouse
Jumeirah & La Mer
by Meraas
Penthouses · Keys Q1 2027
From AED 63M
Elara at Madinat Jumeirah Living, Umm Suqeim & Madinat Jumeirah
Elara at Madinat Jumeirah Living64% built
Umm Suqeim & Madinat Jumeirah
by Meraas
1-bed – 4-bed · Keys Q4 2026
From AED 2.3M
Design Quarter, Business Bay & d3
Design Quarter
Business Bay & d3
by Meraas
1-bed – 3-bed · Keys Q1 2027
From AED 1.75M
Elara10 photos
Elara: exterior, photo 1 of 10Elara: exterior, photo 2 of 10Elara: interior living, photo 3 of 10Elara: interior living, photo 4 of 10Elara: interior living, photo 5 of 10Elara: interior living, photo 6 of 10Elara: photo 7 of 10Elara: floorplan, photo 8 of 10Elara: floorplan, photo 9 of 10Elara: floorplan, photo 10 of 10

Your monthly payment

AboutAED 9,968 a month

For a home of AED 2.3M

Loan
Interest over the term
Fees at transfer, about
Cash needed up front

Off-plan homes are usually paid to the developer while they're built (here: 20% down payment, 50% during construction, 30% handover), and banks lend on the balance near handover; before completion they lend at most 50%.

Assumes a UAE resident expat buying a first home: banks lend up to 80% (70% above AED 5M) for up to 25 years, and fixed rates run about 3.75–5% today. Fees: 4% DLD transfer fee, 0.25% mortgage registration and about 1% to the bank. An estimate, not a loan offer.