Elara at Madinat Jumeirah Living (MJL) by Meraas

  • Start from AED 2,300,000

Overview

Property ID: Ramos-198
  • Apartments, Penthouses, Residential
  • Property Type
  • 1-4
  • Bedroom
  • 1-5
  • Bathroom
  • From 727.86
  • Sq Ft

Description

Elara is a Madinat Jumeirah Living home development that combines style and coziness. Meraas, the person behind Central Park at City Walk, Design Quarter at d3, Bluewaters Bay, and Bulgari Lighthouse Dubai, is the project creator. It is intended for the project to be finished in Q4 2026.

Three buildings make up Elara: Buildings A, B, and C. The design blends modern and traditional aesthetics. Elara’s design will be more modern than it was in the earlier stages. There are 234 dwellings in all. There are flats with one to three bedrooms and penthouses with four bedrooms available. Their living spaces vary in size from 716 to 4,565 square feet.

Every apartment has a large living/dining area, a kitchen outfitted with contemporary appliances, walk-in or built-in closets in the bedrooms, a foyer, and a laundry room. Three to four bedroom homes have an open kitchen/living room space with an island in the center, as well as a maid’s room. Penthouses have three enormous balconies, whereas apartments have at least one. Elara’s residents will have breathtaking views of the Arabian Gulf and the Burj Al Arab from their balconies.

Elara, which is surrounded by expansive green spaces, is an ideal choice for a family home. After a demanding day, the Sky Gardens will quickly become your go-to spot for rest and rejuvenation. Residents of Elara will also have access to a playground, a children’s pool, and a shimmering pool among palm palms. Sports fans will like the fitness centers, the sports park, and the gymnasium with its view of verdant surroundings.

1-4BR Apartments Next to Burj Al Arab | Madinat Jumeirah Living

Elara is situated in the Madinat Jumeirah Living neighborhood. Sheikh Zayed Road can be easily accessed by Elara residents via Jumeirah Street and Umm Suqeim Street. It will take twenty-five minutes to go to Business Bay and Downtown Dubai. In 35 minutes, access to Dubai International Airport will be possible.

Steps away from the complex are famous sites and entertainment hubs like Jumeirah Beach, Burj Al Arab with Ristorante L’Olivo at Al Mahara, Skyview Bar, and Sal, and Wild Wadi Waterpark featuring Burj Surj, Action River, Jumeirah Sceirah, and other exhilarating attractions. Souk Madinat Jumeirah, an antique bazaar with a touch of local culture, may be of interest to shoppers. The locations of City Walk, Dubai Mall, and Mall of the Emirates are a bit further away.

You may travel from Elara to several educational institutions in five to ten minutes. Raffles Early Childhood Centre Umm Suqeim, Raffles International School, Horizon International School, British Rose Nursery Dubai, and Emirates International School — Jumeirah are a few of these. KindCare Medical Center, Dubai London Clinic & Speciality Hospital, and Koster Clinic all provide access to medical professionals.

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Elara is anticipated to draw significant foreign investors and buyers. The large selection of flats and the amenities spread throughout the community and project will make this one of Madinat Jumeirah Living’s most recognizable developments. Living here will turn into the perfect place to call home, whether you’re visiting or staying permanently. The facility is a great place to invest as well. After it is finished, you will be able to resell it and profit by 15% to 20%.

A 10-year Golden Visa will be available for future residents to apply for, and it can be granted to household employees and family members as well. As long as you are the property owner, you can renew the visa.

  • 25 Minutes to Downtown Dubai
  • 10 Minutes to Dubai Marina
  • 35 Minutes to DXB Airport
  • 40 Minutes to DWC Airport

Frequently Asked Questions

Where does Elara currently reside?
Elara is situated in one of Dubai’s most exclusive neighborhoods, Madinat Jumeirah Living.
Which kinds of properties are available in Elara?
In Elara, there are apartments with one to three bedrooms and penthouses with four bedrooms available.
Is it wise to invest in Elara?
Elara is the ideal financial investment for the future. You can live there permanently or visit for vacations. Additionally, you can always rent it out or resell the house at a better price and earn by 15% to 20%. A one-bedroom home in Madinat Jumeirah Living has an average return on investment of 7.5%.
What is the price of a property in Elara?
AED 2.3M (USD 626K) is the starting price of a one-bedroom home in Elara as of Q3 2023. From AED 10.95M (USD 2.98M), a four-bedroom penthouse is available.
Which schools are the closest to Elara?
Raffles International School, Horizon International School, and Emirates International School — Jumeirah are the nearest educational institutions nearby Elara.
Which amenities are offered in Elara?
A sports park, a children’s pool, a playground, a gymnasium, fitness centers, and green spaces will all be available to Elara residents.
How accessible are the transportation options in the Elara area?
The public transportation system in the area isn’t particularly developed as of Q3 2023. Within a 25-minute drive, Elara residents may reach Business Bay and Downtown Dubai.
Is Elara well-liked by families?
Thanks to its large houses, green areas, family-friendly amenities, and convenient location near Dubai’s most well-known entertainment and leisure destinations, Elara is a great option for families with kids.

Details

Updated on February 22, 2024 at 10:04 am
  • Property ID: Ramos-198
  • Price: Start from AED 2,300,000
  • Property Size: From 727.86 Sq Ft
  • Bedroom: 1-4
  • Bathroom: 1-5
  • Property Type: Apartments, Penthouses, Residential
  • Property Status: Off Plan

Additional details

  • Delivery Date: Q4 2026
  • Payment Structure: 20% Initial Deposit, 50% During Construction, 30% on Completion
  • Down Payment: 20%

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Samuel Ramos
  • Samuel Ramos