Address Residences The Bay
Address Residences The Bay
1 - 4 Beds
Launch price:2.9M AED
Off-plan
Elara
Starting from 2.6M AED*
*This is the current lowest price available for this project. Prices are subject to change based on market conditions and availability.
Developer
Meraas Holding
Key information
- Delivery date
December 2026
- Location
- Payment plan
- Number of buildings
- Property types
Apartment
- Government fee
4%
Payment plan
20%
Down payment
At sales launch
30%
During construction
50%
On handover
Project timeline
Project announcement
Construction Started
Expected Completion
Units
from developer
apartment
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type 1A | 729 | |
| Type 1B | 852 | |
| Type 1D | 962 |
Out of stock
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type 2B | 1,415 | |
| Type 2E | 1,788 | |
| Type 2E | 1,732 | |
| Type 2E | 1,779 | |
| Type 2D | 1,582 |
Out of stock
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type 3A | 1,926 | |
| Type 3B | 2,347 |
Out of stock
| Layout type | Size (sqft) | Floor plan |
|---|---|---|
| Type 4C | 4,533 |
Out of stock
available in this project.
About the project
Elara at Madinat Jumeirah Living (MJL) by Meraas is a stunning addition to Dubai's residential landscape. This prestigious eighth phase of MJL includes five-story low-rise buildings with a total of 326 units. Elara redefines urban living in Dubai by combining architectural brilliance and sustainable design.
Elara's Prime Location
Strategically located within the Madinat Jumeirah Living community, Elara ensures residents enjoy superb connectivity to Dubai's iconic landmarks. With easy access to major roadways like Umm Suqeim, daily commuting becomes a breeze. The stunning beaches, premium day-to-day facilities, and the iconic Burj Al Arab skyline are all easily accessible.
Amenities and Services
Elara at MJL is designed to offer residents an unparalleled living experience with a variety of amenities and services.
- Recreational Facilities: Swimming pools, fitness centers, and jogging tracks.
- Green Spaces: Beautifully landscaped gardens and parks for relaxation.
- Retail Outlets: Convenience stores, cafes, and restaurants.
- Security: 24/7 security services ensure a safe living environment.
- Children’s Play Areas: Safe and engaging play areas for children.
- Community Spaces: Clubhouses and multi-purpose halls for social gatherings.
Advantages of Living in Elara
Living in Elara at MJL offers numerous advantages:
- Modern Comfort: Experience modern luxury with state-of-the-art amenities.
- Convenient Location: Easy access to major roadways and iconic landmarks.
- Quality Lifestyle: Enjoy a quality lifestyle with a blend of modern and traditional elements.
- Investment Opportunity: Attractive payment plans and potential for high returns.
Starting Price and Delivery Date
- The starting price is 2300000AED
- Delivery Date is Q4-2026
Elara at Madinat Jumeirah Living by Meraas is a distinctive residential development that combines modern luxury with traditional charm. With its prime location, luxurious amenities, and flexible housing options, it offers residents an unrivaled living experience in Dubai. This exclusive address provides everything you need for a relaxed, modern lifestyle, making every day a pleasure beyond compare.
Elara masterplan
Elara, Madinat Jumeirah Living (MJL) Masterplan
Elara at Madinat Jumeirah Living (MJL) by Meraas offers an exceptional living experience within Dubai’s most prestigious communities. This stunning development comprises five-story low-rise buildings and provides residents with a combination of architectural excellence and sustainable living. Situated in Umm Suqeim, Elara enjoys superb connectivity to iconic Dubai landmarks and the city's stunning beaches, making it an ideal location for modern urban living.Residents can indulge in various amenities, including swimming pools, fitness centers, and beautifully landscaped gardens. The development is designed to offer both relaxation and convenience for a balanced lifestyle.
Key Features
Location & Nearby Attractions
- 02 Minutes: Sheikh Zayed Road
- 05 Minutes: Dubai Media City
- 08 Minutes: Dubai Internet City
- 05 Minutes: Mall of the Emirates
- 15 Minutes: Dubai Marina
- 20 Minutes: Dubai International Airport
Amenities
- Day Care Centre
- Play Areas
- Fitness Centers
- Swimming Pool
- Parks and Open Space
- Parking Area
- Gardens
- Beaches
Location
Amenities
- • Retail Facilities
- • Health Club
- • Gymnasium
- • Mosque
- • Landscaped Gardens
- • Landscaped Parks
- • Security
- • Children's Play Area
- • Shared Pool
Sold history for Elara
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| 2 bed apartment | 3,700,000 | 1,415 | 4 Dec 2024 |
| 1 bed apartment | 2,372,000 | 729 | 21 Jan 2025 |
| 3 bed apartment | 5,674,000 | 2,348 | 17 Jul 2024 |
| 4 bed apartment | 10,945,000 | 4,533 | 20 Jan 2024 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
Estimated rent you could get
This rental estimate is calculated based on the current ROI of Umm Suqeim. The estimated rental price represents the ROI percentage of the average sale price.| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 2 bed apartment | 6 % | 169,520 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
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