Elara

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Meraas
236
Total Units
234
Sold
⃃ 3,462,000
Median Price
⃃ 2,950
Median Price /sqft
Construction progress: 78.35% (As of Nov-2026)
Start: Sep, 2023Completion: Nov, 2026

Elara Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed103720 sqft - 1,350 sqft⃃ 2.5M (3,040 /sqft)⃃ 2,780 /sqft
9.56
2 Beds1051,250 sqft - 1,790 sqft⃃ 3.7M (2,410 /sqft)⃃ 2,850 /sqft
-15.31
3 Beds231,930 sqft - 2,360 sqft⃃ 2,990 /sqft
4 Beds33,690 sqft - 4,530 sqft⃃ 3,520 /sqft

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
ElaraUm Suqaim Third
Sep 2023—2.6K
Oct 2023—2.6K
Nov 2023—2.6K
Dec 20233.0K2.8K
Jan 20242.9K2.6K
Feb 20243.0K2.6K
Mar 20243.1K2.6K
Apr 2024—2.4K
May 2024—2.7K
Jun 2024—2.8K
Jul 20242.8K2.7K
Aug 2024—2.9K
Sep 20242.5K2.6K
Oct 20242.6K2.7K
Nov 2024—2.7K
Dec 20242.6K2.8K
Jan 20253.3K2.6K
Feb 2025—2.7K
Mar 20253.0K2.8K
Apr 2025—2.8K
May 20252.5K2.7K
Jun 2025—2.8K
Jul 2025—2.7K
Aug 2025—2.7K
Sep 2025—2.7K
Oct 2025—2.9K
Nov 20253.1K3.1K
Dec 20252.9K3.3K
Jan 20262.8K2.8K
Feb 2026—3.1K
Mar 2026—3.0K
Apr 2026—2.6K
May 20262.9K2.8K
Jun 2026—2.2K
Jul 2026—2.6K
Aug 2026—2.7K
Sep 2026—2.7K
Oct 20262.4K2.8K
Nov 20262.2K2.7K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment, ****1729 sqft4.44 sqft
1Apartment, ****1729 sqft4.44 sqft
1Apartment, ****1979 sqft11.7 sqft
1Apartment, ****1852 sqft16.44 sqft
1Apartment, ****1721 sqft4.44 sqft
1Apartment, ****1721 sqft4.44 sqft
1Apartment, ****1852 sqft16.44 sqft
1Apartment, ****1729 sqft4.44 sqft
1Apartment, ****1721 sqft4.44 sqft
1Apartment, ****1852 sqft16.44 sqft
1Apartment, ****1729 sqft4.44 sqft
1Apartment, ****1729 sqft4.44 sqft
2Apartment, ****11,415 sqft14.81 sqft
2Apartment, ****11,583 sqft29.36 sqft
2Apartment, ****11,574 sqft29.36 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

Elara Real Estate Data – FAQ

  • What is the current property supply in Elara?

    Completed residential supply data for Elara is unavailable.

  • How active is the real estate market in Elara?

    Elara recorded 7 property transactions over the last 12 months.

  • What is the average price /sqft in Elara?

    The median recorded sale price in Elara is AED 2,570 /sqft.

  • What rental yield can investors expect in Elara?

    Rental yield data for Elara is unavailable.

  • How much have property prices increased in Elara?

    The year-over-year median price per square foot change in Elara is -12.4%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Elara?

    Elara has 1 recorded active off-plan projects.

  • What is the future supply pipeline in Elara?

    The recorded off-plan pipeline in Elara contains 236 units.

  • Is Elara a good area for property investment?

    Assess Elara using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield data for Elara is unavailable.