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. 248 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,165 per sqft. At AED 3,165 per sqft, Elara prices 15% above the Umm Suqeim median of AED 2,753 per sqft on registered sales.

PIX© price · ↑5.0% YoY

3.48MAED

Typical

3,165AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

248

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

Explore locations

3 inside Elara

SATELLITE

LocationUmm Suqeim

Drive times · typical

Downtown Dubai17 min · 15.8 km

DXB Airport21 min · 25.5 km

DIFC19 min · 17.9 km

Dubai Marina16 min · 9.6 km

Palm Jumeirah15 min · 12.7 km

Nearest · straight-line

Metro stationMall of the Emirates Metro Station1.2 km

Mallaswaaq Community Mall - Umm Suqeim0.7 km

SchoolKiddy Planet Nursery0.5 km

HospitalfamilyFIRST Medical Center0.3 km

Exclusive to PropertyIndex©

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 7

…

2 Bed on Floor 7, Building C

Size
Record: Jan 2024 to May 2026
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	8 May 2026				4 mo	Current owner
1Owner 1	16 Jan 2024				2.3 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 7 · Building C

Nightly rateAED

Occupancy (237 nights)

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Elara3,165AED/sqft · project-wide

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	238	3.48M	3,165	↑5.0%
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-Wide248 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 May 2026	2 Bed	Building C · Floor 7	1,248	3,587,000	2,875	0.0%	Standard	Off-Plan Sale
22 Jan 2026	1 Bed	Building C · Floor 3	721	2,533,000	3,512	0.0%	Standard	Off-Plan Sale
8 Jan 2026	2 Bed	Building C · Floor G	1,780	3,650,000	2,051	+5.4%	Standard	Off-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.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Elara

Compared with

Jomana 8

PIX© PSF

3,127

Rank

#4 of 29

#3 of 29

Typical price

3.09M

Yield

—

Units

238

Sales

248

Rents

—

Developer

EMAAR

Handover

U/C

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Nourelle EMAAR · U/C · Off-plan pricing	236					219	—
	Elara Building C EMAAR · U/C · Off-plan pricing	89					95	—
	Jomana 8 EMAAR · Completed · Off-plan pricing	43					45	—
4	Elara EMAAR · U/C · Off-plan pricing	238	3,127	Subject	3.09M	—	248	—
	Jadeel 2 EMAAR · Completed · Off-plan pricing	97					53	59
	Elara Building B EMAAR · U/C · Off-plan pricing	67					66	—
	Jomana 5 EMAAR · Completed · Off-plan pricing	42					48	—
	Jomana 3 EMAAR · Completed · Off-plan pricing	40					48	—
	Riwa EMAAR · U/C · Off-plan pricing	244					245	—
	Jomana 6 EMAAR · Completed · Off-plan pricing	42					49	—
	Jadeel 3 EMAAR · Completed · Off-plan pricing	105					65	71

Community median 2,753 AED/sqft. Showing the closest-ranked peers of 29 ranked projects in the community. 5 excluded for trading only in the ready market. 2 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Umm Suqeim

The closest-priced registered projects in Umm Suqeim.

Jomana 8AED 3,184/sqft
Elara Building CAED 3,197/sqft
Jadeel 2AED 3,099/sqft
Elara Building BAED 3,023/sqft
Jomana 5AED 2,933/sqft
Jomana 3AED 2,921/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 3,165 per sqft, or about AED 3,484,717 for a typical unit, based on 248 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 +5.0% over the last 12 months, to AED 3,165, across 248 registered sales.