Discount

3%

Handover

Q4 2026

Payment Plan

See all 70/30 payment plan projects
70%
30%

20% down

Starting price

2,300,000

70/30 · 20% down

Last verified 01 Nov 2026 · Source: Developer feed · Report an error

Current Promotions

DLD Waiver

  • The artwork explicitly states “0% DLD Waiver.” It is recorded for completeness, but it does not provide a positive waiver or reduction.

    0%

Discount

  • The artwork states a 3% broker commission campaign for Elara, providing a direct sales incentive for brokers.

    3%

Post Handover

  • The majority 80% balance is explicitly deferred until handover, identified in the sales offers as 15 December 2026.

    until 15 Dec 2026

About Elara

Elara is the eighth and newest phase of Madinat Jumeirah Living by Meraas, set opposite the iconic Burj Al Arab. Across three low-rise buildings, 234 residences blend contemporary design with Arabesque character. Choose 1–3 bedroom apartments or 4-bedroom penthouses with airy interiors, private balconies and walk-in closets. Surrounded by lush parks, pools and shaded walkways, Elara offers refined…

Location

Madinat Jumeirah Living, Dubai, UAE

Distance from key locations

  • Mall of the Emirates1.8 km
  • Palm Jumeirah5.9 km
  • Dubai Marina7.9 km
  • Burj Khalifa10.9 km
  • Global Village13.4 km

Approximate straight-line distances, not driving distances.

Exact locationGet directions

Floor plans

Unit availability and pricing

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Project documents

Brochures

Payment schedule

  • 1Deposit20%
  • 2During construction5 instalments50%
    • 1st Installment10%
    • 2nd Installment10%
    • 3rd Installment10%
    • 4th Installment10%
    • 5th Installment10%
  • 3On handover30%
Special Payment Plan+2 more
Meraas

Nad Al Sheba Gardens

Meraas

Nad Al Sheba 1, Nad Al Sheba, Dubai, UAE

From

1,355,000

Handover

Q1 2029

Payment Plan

80/20

Down Payment

20%

View
Special Payment Plan+3 more
Meraas

The Acres

Meraas

Ikarus Building, Dubai Production City (IMPZ), Dubai, UAE

From

5,090,000

Handover

Q3 2027

Payment Plan

65/35

Down Payment

10%

View
Special Payment Plan
Meraas

Nad Al Sheba Gardens Phase 11

Meraas

From

13,553,000

Handover

Q2 2029

Payment Plan

80/20

Down Payment

20%

View

Frequently asked questions about Elara

What is the handover date for Elara?
Elara is scheduled for handover in Q4 2026.
What is the starting price of Elara?
Prices start from 2,300,000. Contact our team for current availability.
Who is the developer of Elara?
Elara is being developed by Meraas.
Where is Elara located?
Elara is located in Madinat Jumeirah Living, Dubai, UAE.