Elara Building 1
Umm Suqeim , Dubai
AED 2,300,000
≈
AED 2,300,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress40%
Description
Elara Building 1 at Madinat Jumeirah Living is an exceptional new inclusion to the community, offering an unmatched lifestyle experience in Dubai. It is a part of a three-tower complex featuring modern design and cutting-edge interiors, harmoniously enhanced by its central location. Explore a selection of lavish 1 to 3-bedroom apartments and 4-bedroom penthouses ready for acquisition.
These units offer spacious living areas, bedrooms with en-suite bathrooms, fitted kitchen and a balcony. Residents can immerse themselves in stunning vistas of the renowned Burj Al Arab, pristine beaches and scenic walkways enveloping Elara Building 1 at Madinat Jumeirah Living, delivering residents an enriching and genuinely remarkable way of living.
Amenities & Features
Parking Spaces
Gym or Health Club
Swimming Pool
Day Care Center
Kids Play Area
Property Details
CompletionOff-Plan -
Q4 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 2,300,000
DLD Fee (4%)AED 92,000
Trustee FeeAED 4,200
Agency (2%)AED 46,000
Total
InvestmentAED 2,442,200
Expected Annual Returns
Expected Annual RentAED 165,600
Service Charges (Est)-AED 10,935
Net Annual
IncomeAED 154,665
Net Annual ROI6.3% (after expenses)
Payback Period15.8 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa10.8 km
Dubai Mall11.1 km
Dubai Airport (DXB)21.8 km
Mall of the Emirates1.5 km
Dubai Marina8.1 km