ELARA

Off-Plan
Community
Started
2 years 2 months ago25-11-2023
Handover
In 9 months25-11-2026
Status
8% BuiltIn Progress
Project Description

The project consists of 3 Residential buildings comprising of 236 units (Total Residential units 234 + 2 Retail units) as follows: Elara 1 - Building A: B+G+9+R (82 Residential units) Elara 2 - Building B: B+G+9+R (64 Residential units + 2 retail units) Elara 3 - Building C: B+G+10+R (88 units)

Performance Alpha

Developer Sales: Last 90Dvs Last 12M Baseline
Stable
-1%
Decline
Current:AED 2,798/sqft
Last 12M:AED 2,820/sqft
Momentum: Last 12Mvs Prior Year
Stable
0%
Growth
Last 12M:AED 2,820/sqft
Prior Year:AED 2,833/sqft
Community Compare: Last 90DUnknown
At Market
0%
Above Avg
Project:AED 2,798/sqft
Community:AED 0/sqft

Layouts & Units (236)

Asset Class
1 Bed FlatPodium + Floors 1-9
Inventory
103units
15 layouts · Typically 1 parking
4-46 sqm balcony
Size Range
583-1,350sqft
Price Range
AED 2.3M - AED 3.0M
Avg PSF
3,276
Sales
107
Trend
Asset Class
2 Bed FlatPodium + Floors 1-9
Inventory
105units
14 layouts · Typically 1 parking
12-49 sqm balcony
Size Range
1,248-1,788sqft
Price Range
AED 3.1M - AED 4.5M
Avg PSF
2,411
Sales
113
Trend
Asset Class
3 Bed FlatPodium + Floors 1-9
Inventory
23units
4 layouts · Typically 1 parking
25-64 sqm balcony
Size Range
1,927-2,356sqft
Price Range
AED 5.6M - AED 7.2M
Avg PSF
3,437
Sales
23
Trend
Asset Class
4 Bed FlatFloors 9-10
Inventory
3units
3 layouts · Typically 1 parking
82-161 sqm balcony
Size Range
3,692-4,533sqft
Price Range
AED 10.9M - AED 11.0M
Avg PSF
2,619
Sales
3
Trend
Asset Class
ShopPodium
Inventory
2units
2 layouts · Typically 1 parking
Size Range
973-1,403sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 5 asset classes covering 236 units