Madinat Jumeirah Living Elara is a unique, modern, and ultra-fashionable complex developed by the renowned company Meraas. Sales one-bedroom, two-bedroom, and three-bedroom apartments, as well as four-bedroom penthouses. All the properties feature high ceilings and carefully planned layouts. You can find the most suitable apartment to buy based on size, ranging from 67 to 935 square meters.
Meraas has long been known for creating unique and modern projects that quickly gain recognition. Complexes like this one only reinforce Dubai’s status as the best metropolis for real estate investments.
Madinat Jumeirah Living (MJL) is an environmentally friendly district designed to provide the most comfortable conditions for pedestrians. It offers everything for a comfortable and active life. Future apartment owners here can enjoy poolside relaxation, engage in various outdoor sports, and not worry about their children’s leisure, as MJL features many play areas and spaces for active activities.
Key Features and Amenities Await You in Madinat Jumeirah Living Elara:
- Elara is one of the latest additions to the luxurious MJL project.
- There’s a wide selection of apartments in Elara that cater to various lifestyles, making it comfortable and enjoyable for both families and singles.
- The Elara complex features a collection of 326 available apartments.
- It’s conveniently located near all the key attractions and interesting places in the emirate.
- Future residents will have easy access to premium-class beaches.
- One of Elara’s standout features is its location, surrounded by the iconic Burj Al Arab skyscraper.
Convenient location of the Elara
Elara boasts an incredibly favorable location within MJL. Future residents will have easy access to Dubai’s most iconic landmarks and popular destinations. Thanks to its convenient connectivity to major highways like Umm Suqeim, daily commutes or leisurely outings will be swift. You can also make use of public transportation services with stops at Wild Wadi 1, Burj Al Arab Hotel 1, and Burj Al Arab Hotel 2. Life in Elara is all about comfort and first-class infrastructure.
Close to Elara, you’ll find the best beaches, the renowned Burj Al Arab, and numerous social amenities for added convenience. These include:
- Golden Beach Nursery
- First Steps Nursery Montessori
- Seven D Medical Center
- Emirates NBD Bank
- Omar Al Muhairi Grocery Supermarket
- Dining establishments like Kayto, Attibassi Coffee, Sugarmash, and more.
Elara also offers opportunities for recreation with family and friends, including visits to popular places like Umm Suqeim Beach, Pavilion Marina and Sports Club, or Souk Al Bahar.
The economic attractiveness of Elara
Elara offers many advantages for apartment sales. When you buy property in Elara, you have the opportunity to obtain a Golden Visa, allowing you to relocate your entire family and support staff to the UAE.
Elara is expected to be ready for occupancy by the end of 2026. At this stage, the development is in full swing, and construction is ongoing, making the sales conditions very favorable. The developer offers a convenient payment plan of 70/30, with an initial down payment of only 20%.
Comparing apartment sales in Elara with the previous phase, the minimum price for one-bedroom apartments has increased by 20%, from $520,000 to $626,000. This indicates the potential for significant profit from reselling property in Elara.
The average return on investment for one-bedroom apartments in this area is 7.5%. The starting annual rental price is $31,000. This means you can buy property in Elara for both future rental income and a stable passive income stream.
With its superb location, world-class amenities, and a very advantageous payment plan, Elara offers the opportunity to become a happy apartment owner. It represents an entirely new level of living, with breathtaking views of Dubai’s skyline.
