Elara in Umm Suqeim, Dubai

Meraas Holding logo

Meraas Holding · Umm Suqeim, Dubai

Starting price

AED 2,300,000

Enquire

Handover

November 2026

Status

active
DLD construction progress8%

About this project

Elara is an off-plan residential development by Meraas Holding in Umm Suqeim, Dubai. Prices start from AED 2,300,000. The current unit mix includes 1-bedroom homes, 2-bedroom homes, 3-bedroom homes, 4-bedroom homes. Dubai Land Department data records construction progress at 8%. Expected handover is November 2026.

What buyers should know

Elara is located in Umm Suqeim, Dubai and is developed by Meraas Holding. Prices start from AED 2,300,000. Dubai Land Department data records construction progress at 8%.

Location

Elara is in Umm Suqeim, Dubai. Browse the verified project facts, available home sizes, pricing and construction status before making an enquiry.

Amenities

Retail FacilitiesHealth ClubGymnasiumMosqueLandscaped GardensLandscaped ParksSecurityChildren's Play AreaShared Pool

Payment plan

  • 20/50/30

Project brochures

Developer material with specifications, amenities and payment-plan details.

The official record

Registered with the Dubai Land Department — construction progress, escrow and sales history are the government's figures, not the developer's.

Construction progress8%Under construction
Escrow agentFIRST ABU DHABI BANK P.J.S.C.Holds buyer payments until handover
Developer licenceCurrentValid to 3 Feb 2027
Expected completion25 Nov 2026236 units registered
Registered sales
248
In the last 12 months
6
Median sold price
AED 3.46M
Median price per sqft
AED 2,908/sqft
Median size sold
1,415 sqft
First sale
6 Dec 2023
Latest sale
11 May 2026
Off-plan vs ready
248 / 0

What has sold here, by size

Every registered sale in Elara, not a window — an individual project can trade rarely, and three sales over two years is better evidence than none.

SizeSalesMedian priceTypical rangePrice/sqftLatest
2 B/R1143.62MAED 3.53MAED 3.74MAED 2,400/sqft11 May 2026
1 B/R1082.54MAED 2.47MAED 2.63MAED 3,334/sqft22 Jan 2026
3 B/R236.88MAED 6.63MAED 7.05MAED 3,554/sqft18 Jul 2024
4 B/R310.95MAED 10.95MAED 10.97MAED 2,477/sqft22 Jan 2024

Transactions at Elara

248 sales recorded at this project in Dubai Land Department data, to Jul 2026.

View Dubai market trends
Median sale price
3.13M
Median price / sqft
AED 2,864/sqft 0.8% vs last year
Transactions
6

Median price / sqft by year

By bedrooms · last 12 months

1 B/R

3 sales

2.53M

Per sqft3,512

2 B/R

3 sales

3.65M

Per sqft2,853

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
May 11, 20262 B/R1,248AED 3,587,0002,875Off-plan
Jan 22, 20261 B/R721AED 2,533,0003,512Off-plan
Jan 9, 20262 B/R1,780AED 3,650,0002,051Off-plan
Dec 25, 20252 B/R1,420AED 4,050,0002,853Off-plan
Nov 21, 20251 B/R963AED 2,475,0002,571Off-plan
Nov 10, 20251 B/R721AED 2,681,0003,718Off-plan
May 5, 20252 B/R1,574AED 3,900,0002,478Off-plan
Mar 17, 20252 B/R1,574AED 3,980,0002,529Off-plan
Mar 17, 20251 B/R729AED 2,582,0003,544Off-plan
Jan 21, 20251 B/R729AED 2,372,0003,256Off-plan
Dec 4, 20242 B/R1,415AED 3,700,0002,615Off-plan
Oct 30, 20242 B/R1,583AED 3,590,0002,268Off-plan
Oct 28, 20242 B/R1,520AED 4,500,0002,961Off-plan
Sep 30, 20242 B/R1,415AED 3,570,0002,523Off-plan
Jul 18, 20242 B/R1,583AED 3,462,0002,187Off-plan
Jul 18, 20243 B/R2,348AED 5,674,0002,417Off-plan
Jul 18, 20243 B/R1,927AED 7,163,0003,718Off-plan
Jul 18, 20242 B/R1,780AED 3,464,0001,946Off-plan
Jul 18, 20241 B/R852AED 2,648,0003,108Off-plan
Jul 18, 20242 B/R1,248AED 3,958,0003,172Off-plan
Mar 19, 20242 B/R1,788AED 3,465,0001,937Off-plan
Mar 14, 20241 B/R725AED 2,565,0003,538Off-plan
Mar 8, 20241 B/R852AED 2,802,0003,291Off-plan
Mar 5, 20243 B/R1,927AED 5,600,0002,906Off-plan
Feb 29, 20241 B/R721AED 2,631,0003,648Off-plan
Feb 21, 20242 B/R1,415AED 3,634,0002,568Off-plan
Feb 21, 20242 B/R1,415AED 3,531,0002,495Off-plan
Feb 21, 20241 B/R852AED 2,550,0002,995Off-plan
Feb 12, 20242 B/R1,574AED 3,707,0002,356Off-plan
Feb 12, 20242 B/R1,527AED 3,815,0002,498Off-plan

Source: Dubai Land Department transaction records for this project. Figures are historical transacted prices — market context, not a valuation of any specific unit.