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Elara is an under-construction apartment development by JUMEIRAH HILLS DEVELOPMENT L.L.C in Madinat Jumeirah Living, Um Suqaim Third, comprising 236 registered units. 248 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,150 per sqft. At AED 3,150 per sqft, Elara prices 6% below the Madinat Jumeirah Living average of AED 3,364 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 717 – 4,533 sqft | 236 | 3.50M | 3,150 | ↑4.7% | |
| Residential | |||||
1 Bed · Apartment 717 – 1,350 sqft | 103 | ||||
2 Bed · Apartment 1,248 – 1,788 sqft | 105 | ||||
3 Bed · Apartment 1,927 – 2,356 sqft | 23 | — | — | — | |
4 Bed · Apartment 3,692 – 4,533 sqft | 3 | — | — | — | |
| Commercial | |||||
Shop 973 – 1,403 sqft | 2 | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 8 May 2026 | 2 Bed | Tower 3 · Floor 7 | 1,248 | 3,587,000 | 2,875 | 0.0% | Standard | Off-Plan Sale |
| 22 Jan 2026 | 1 Bed | Tower 3 · Floor 3 | 721 | 2,533,000 | 3,512 | 0.0% | Standard | Off-Plan Sale |
| 8 Jan 2026 | 2 Bed | Tower 3 · Floor G | 1,780 | 3,650,000 | 2,051 | +5.4% | Standard | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Madinat Jumeirah Living
The closest-priced registered projects in Madinat Jumeirah Living.
- RiwaAED 3,017/sqft
- Jadeel -Madinat Jumeirah LivingAED 2,760/sqft
- Al Jazi - Madinat Jumeirah LivingAED 2,611/sqft
- JomanaAED 2,607/sqft
- Madinat Jumeirah LivingAED 2,538/sqft
- LamaaAED 2,524/sqft
Common questions about Elara
Answered from Dubai Land Department registered transactions.
How much does a property in Elara cost?
Property in Elara sells at a current PIX© price of AED 3,150 per sqft, or about AED 3,498,125 for a typical unit, based on 248 sales registered with the Dubai Land Department.
When is Elara handing over?
Elara is under construction, due q4 2026, and is 8% complete against the Dubai Land Department's reported progress.
Who is the developer of Elara?
Elara is developed by JUMEIRAH HILLS DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many units are in Elara?
Elara holds 236 registered units, per the Dubai Land Department unit register.
Have prices in Elara gone up or down?
Price per sqft has risen +4.7% over the last 12 months, to AED 3,150, across 248 registered sales.