PropertyIndex

Elara

Under Construction · Date not reported|238 units · 3 buildings

Elara is an under-construction community by EMAAR in Umm Suqeim, comprising 238 registered units. 246 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,021 per sqft. At AED 3,021 per sqft, Elara prices 9% above the Umm Suqeim median of AED 2,760 per sqft on registered sales.

PIX© price · ↑3.3% YoY
3.55MAED
Typical
3,021AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
246
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 4
…

2 Bed on Floor 4, Building C

Size
Record
Jan 2024 to Oct 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 226 Oct 20266 d
Current owner
1Owner 131 Jan 20242.7 yrs
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2 Bed · Floor 4 · Building C
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Elara

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
717 - 4,533 sqft
2383.55M3,021↑3.3%
Residential
1 Bed · Apartment
717 - 1,350 sqft
106
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
4,229 sqft
1---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide246 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
26 Oct 20262 BedBuilding C · Floor 41,5743,800,0002,415+11.7%StandardOff-Plan Sale
8 May 20262 BedBuilding C · Floor 71,2483,587,0002,8750.0%StandardOff-Plan Sale
22 Jan 20261 BedBuilding C · Floor 37212,533,0003,5120.0%StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Umm Suqeim

The closest-priced registered projects in Umm Suqeim.

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 3,021 per sqft, or about AED 3,554,597 for a typical unit, based on 246 sales registered with the Dubai Land Department.

When is Elara handing over?

Elara is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Elara?

Elara is developed by EMAAR, the developer recorded against the project in the Dubai Land Department register.

How many units are in Elara?

Elara holds 238 registered units, per the Dubai Land Department unit register.

Have prices in Elara gone up or down?

Price per sqft has risen +3.3% over the last 12 months, to AED 3,021, across 246 registered sales.