Apartment by MERAAS “Elara”
AED 2,900,000
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Vector icon 1 Beds Vector icon 1 Bath Vector icon 852 sqft

MJL (Madinat Jumeirah Living)

Daria
Daria Property broker

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Elara 1BR Villa in Madinat Jumeirah Living — Prime Investment Opportunity

Madinat Jumeirah Living remains one of Dubai’s most tightly held residential enclaves, and Elara sits at its heart, offering a rare villa-style format in a low-rise, community-driven setting

This one-bedroom villa on a low floor is an off-plan resale scheduled for handover in Q4 2026, suited to end-users seeking a boutique lifestyle address and investors targeting a proven rental corridor.

The unit faces a villa streetscape, lending it a quiet, residential character uncommon in Dubai’s mid-density segment. Early movers in MJL have consistently seen strong capital appreciation, and with handover approaching, the execution risk is significantly reduced.

Unit Features

– One-bedroom villa type
– 852 ft² / 79 m² total area
– Unfurnished, off-plan resale
– Low floor, villa view
– Q4 2026 handover
– Part of Elara 2 cluster

Complex Amenities

– Landscaped podium gardens
– Swimming pool and sun deck
– Fully equipped gymnasium
– Children’s play areas
– Retail and dining at ground level
– Secure covered parking

Architecture & Concept

Elara takes its design language from the low-rise, walkable urbanism that defines Madinat Jumeirah Living. Façades blend warm tones with clean contemporary lines, creating a streetscape that feels considered rather than dense. The building scale prioritises natural light and cross-ventilation across all unit types.

About the Developer

Elara is delivered by Meraas, a master developer with a strong track record across landmark Dubai districts including City Walk, Bluewaters, and La Mer.

Location & Benefits

– Madinat Jumeirah Living district, Umm Suqeim
– Five minutes to Jumeirah Beach
– Ten minutes to Mall of the Emirates
– Close to Souk Madinat Jumeirah and Burj Al Arab
– Access to Al Khail Road and Sheikh Zayed Road
– High walker-score neighbourhood with retail at doorstep
– Strong rental demand from professionals and families

Investment Appeal

– MJL commands consistent rental premiums over comparable districts
– Low villa-format inventory keeps resale liquidity high
– Proximity to Jumeirah Beach drives sustained occupancy rates
– Off-plan resale entry ahead of handover preserves upside
– Comparable handed-over stock in MJL trades at a meaningful premium
– Reduced completion risk with Q4 2026 delivery on the near horizon

Frequently Asked Questions

Q: What is the expected handover date for this unit?
A: Handover is scheduled for Q4 2026.

Q: Is the unit available furnished or unfurnished?
A: The unit is offered unfurnished, giving the buyer full flexibility on fit-out.

Q: Why is a low-floor villa view considered desirable in MJL?
A: Low floors in Elara face the villa streetscape directly, offering privacy, greenery, and a calm residential outlook that upper floors with busier vistas do not replicate.

Submit your enquiry through the form on this page to receive further details and arrange a viewing.

Property information

Handover Date

Q4 2026

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

MERAAS “Elara”

Meraas Developer
Meraas Developer View developer

Location

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