Elara
Elara is the eighth phase of Madinat Jumeirah Living by Meraas, which is adjacent to the iconic Burj Al Arab. The project comes as part of the Urban Edition collection, following the success of Jomana. It features an array of 1-3 bedroom apartments and three 4-bedroom penthouses for acquisition.
The property sizes range from 716 sq. ft to 10,059 sq. ft. Among the key features of the layouts are a balcony and a laundry room. The 3- and 4-bedroom residences come with a maid’s room.
The development will house an array of world-class amenities for wellness and recreation. Among them are a swimming pool, a gym, a children’s play area and open spaces.
Starting from, AED
2,300,000
Emirate
Dubai
Booking fee
20 %
Area
JumeirahStatus
Under construction
Developer
MeraasCommunity
Madinat Jumeirah LivingSize from
716 sq ft
Handover
2026 Q4
Amenities
Gallery
Payment plan
20%
Booking
50%
During construction
30%
Upon Handover
About Location
The residential community of Jumeirah 1, together with Jumeirah 2 and Jumeirah 3, is part of the old district of Jumeirah which has been a highly popular area to reside in for western expatriates working in the UAE over the last 60 years. Historically, this area was occupied by Arabs who were either fishermen, traders or pearl divers, but since the 1960’s, Jumeirah has grown steadily and has become a rather prospective place to live and rent property. Since 1995 and the expansion of the emirate, Dubai has shown significant growth in housing developments across the city, and Jumeirah is no exception.
The neighbourhood is known as the ‘Beverly Hills of Dubai’, and is one of the most expensive and exclusive communities in the city. A lot of homeowners and investors prefer Jumeirah 1, as it gives them the opportunity to choose from hundreds of luxury townhouses, villas and apartments. Jumeirah 1 is a secluded and private residential neighbourhood, but at the same time, it is a busy and vibrant community with a beautiful beachside and coastal area that is known for its range of various leisure activities as well.
About Developer
Meeras is a private holding company headquartered in Dubai that is dedicated to projects and real estate development. Meraas, which has existed since 2007, has been part of Dubai Holding from 2020. The move was made in accordance with the Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, where the idea was to combine services, diversify the economy of Dubai and maximize its influence on the global market.
Nowadays Meraas Holding is one of the most well-known companies specializing in real estate in the Emirate. The Chairman of Meraas is Sheikh Ahmed bin Saeed Al Maktoum, one of the most remarkable individuals in Dubai. The company provides Dubai’s development with various projects in real estate, hospitality, leisure, food as well as other spheres. Meraas creates innovative projects in Dubai which are distinguished with a mix of Arabic and European styles.
