Reemah Elite Real Estate
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Projects·Dubai·Madinat Jumeirah Living
Elara Building 2, apartments in Madinat Jumeirah Living, Dubai, by Meraas
Off-PlanApartments

Elara Building 2

Madinat Jumeirah Living · Dubai · by Meraas
Details are indicative, confirm with our desk before transacting
Price from
AED 2.3M
entry price
Bedrooms
1BR-2BR
Apartments
Handover
Q4 2026
Off-Plan
Est. gross yield
On ask

In Madinat Jumeirah Living, Dubai, Meraas has Elara Building 2, an apartment project across 1BR-2BR homes. Of the 5 facilities on the list, the day care center and the parking spaces are the ones that stand out. AED 2,550,000 to AED 2,907,000 was the live spread over 2 units at our September 2026 check. AED 2,300,000 is the entry here, level with 2 other projects among the 27 priced in Madinat Jumeirah Living. Entry runs to AED 552,000 before registration charges: AED 460,000 at 20 percent on booking, plus AED 92,000 in transfer fee. Q4 2026 is the stated handover, some 3 months off, and 30 percent of the price, AED 690,000, sits on the far side of it.

Why it makes the list
  • Launch price from AED 2,300,000
  • 70/30 payment plan
  • Handover Q4 2026
  • 1BR-2BR homes
Payment structure
70/30
Modelled on entry price AED 2.3M
Booking / down payment20% · AED 460,000
During construction50% · AED 1,150,000
On handover30% · AED 690,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Elara Building 2: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 460,000
DLD fee4%
AED 92,000
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 556,500
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
Madinat Jumeirah Living · Dubai
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MR
Developer
Meraas
Tier 1 developer · Master-developer of City Walk, Bluewaters and La Mer destinations; 80+ million sq ft developed in Dubai · since 2007
Track record →
Data provenance

Details for Elara Building 2 are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against Meraas’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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