Elara Property Development By Meraas Holding

Last Updated on: 9th November 2024, 03:22 am

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Elara is a premier property development by Meraas Holding, nestled in the vibrant community of Madinat Jumeirah Living (MJL) in Dubai. This exquisite residential project features a collection of luxury apartments, designed to cater to varied living preferences. With a commitment to sustainability and elegance, Elara stands out for its architectural brilliance and the serene lifestyle it promotes, while ensuring convenient access to urban amenities. As part of the expansive Meraas Holding portfolio, the Elara Property Development By Meraas Holding aims to redefine luxury living in Dubai. The project showcases 326 total units, with unit types ranging from 1 to 4 bedrooms, starting at AED 2.30 million and completing in December 2026¹.

Key Takeaways

• Elara is located within Madinat Jumeirah Living, enhancing its community appeal.
• The project features a mix of 1 to 4-bedroom luxury apartments.
• Meraas Holding emphasizes sustainability and urban connectivity in Elara.
• The starting price for the apartments begins at AED 2.30 million.
• Elara aims to provide a luxurious lifestyle with various amenities such as gyms and parks.
• Completion of the project is anticipated in December 2026.

Overview of Elara by Meraas Holding

Elara, a prominent project developed by Meraas Holding, marks a significant addition to the Madinat Jumeirah Living community. This Elara Dubai Property is an attractive residential development designed with a focus on comfort and style. It features a variety of unit types, including 1, 2, and 3-bedroom apartments, along with luxurious 4-bedroom penthouses, providing a range of living options for residents.

Introduction to the Project

Comprising 326 units within stunning five-storey low-rise buildings, the Elara Meraas Holding Properties project covers an area that showcases breathtaking views of the Arabian Gulf and the iconic Dubai skyline. Apartments in Elara range in size from 727.86 to 2,347.82 sq ft, and the penthouses reach up to 4,533.11 sq ft, offering generous living spaces suitable for a modern lifestyle². With a 20% down payment, the flexible payment plan allows for 70% during construction and the remaining 30% due upon handover in December 2026³.

Community and Location Advantages

Easily accessible via key roadways such as Sheikh Zayed Road and Umm Suqeim, Elara ensures seamless connectivity to major hubs across Dubai. Residents benefit from a lush, well-planned community environment filled with essential services, including schools, healthcare facilities, and shopping centers, enhancing the overall living experience. The proximity to landmarks like the Burj Al Arab further elevates Elara’s appeal, making it a highly desirable location for both families and individuals seeking an active lifestyle. This comprehensive approach to community living underscores the significance of Meraas Holding Real Estate Development’s commitment to creating exceptional residential experiences.

For more information on this exceptional opportunity, visit Elara Residential Development²³.

Features and Amenities of Elara

Elara Property Meraas Holding stands out for its impressive range of residential offerings designed to meet the varying needs of modern residents. From cozy studios to expansive four-bedroom apartments, each unit in this Elara Dubai Property is created with high-quality materials and an emphasis on contemporary interior design. Residents can enjoy light-filled living areas, kitchens equipped with state-of-the-art appliances, and access to a host of communal spaces that elevate their daily living experience.

Residential Offerings

Within the Elara Meraas Holding Properties, there is a diverse selection of accommodations that cater to different lifestyles. The complex includes:

• Studios for individuals or couples looking for a compact and stylish option.
• One-bedroom suites for those requiring a bit more space.
• Two-bedroom units ideal for small families or shared living.
• Four-bedroom grand suites that provide ample room for larger families or group gatherings.

This wide array of choices allows residents to select a residence that truly fits their requirements and preferences, enhancing the appeal of the Meraas Holding Elara Project.

Luxury Amenities

Elara is designed to offer a luxurious lifestyle through its extensive array of amenities. The property includes:

• A stunning centerpiece pool with 32 cabanas, perfect for relaxing or socializing.
• A well-equipped fitness center that caters to health and wellness enthusiasts.
• On-site tennis courts for both leisure and competitive play.
• A lobby bar where residents can unwind after a long day.

Family-friendly features such as children’s play areas and landscaped gardens foster a sense of community. The property also prioritizes safety with 24/7 surveillance and dedicated concierge services, ensuring residents’ peace of mind. Meraas Holding Elara Project brings convenience with retail outlets located within the complex, making everyday shopping and dining easily accessible.

This blend of residential offerings and luxury amenities positions Elara as a prime destination for homeowners looking for a vibrant and secure living environment⁴⁵.

Investment Opportunities with Meraas Holding Elara

Investing in the Meraas Holding Elara Project presents a lucrative opportunity for potential buyers. The investment structure encourages accessibility through its Attractive Payment Plans, which require only a 20% down payment at the time of sales launch. Following this initial investment, 50% of the total amount is payable during the construction phase, with the remaining 30% due upon handover scheduled for December 2026⁶. This structured approach allows investors to manage their financial commitments effectively.

Attractive Payment Plans

The flexibility of the payment plans further enhances the appeal of Elara Property Development By Meraas Holding. With various types of units available, including options for one to four-bedroom apartments, there is something to suit every preference and budget. The anticipated completion date of the project falls within Q4 2026, adding a sense of urgency for those looking to secure their future in this growing community⁷.

Potential for Property Appreciation

Located in a prime area, the potential for property appreciation is substantial. The demand for luxury residences in Dubai is continuously escalating, and Elara’s positioning within the vibrant Madinat Jumeirah Living community offers a significant opportunity for investment growth⁷. Additionally, investors can benefit from competitive rental yields, thanks to the high rental demand in the region⁷. Designed with exceptional amenities and a commitment to quality, Elara not only serves as a lavish living space but also as a sound investment for future returns.

In conclusion, the Potential for Property Appreciation at the Elara project makes it an enticing choice for those looking to invest in Dubai’s flourishing real estate market.

The strategic layout and innovative design make Elara a compelling investment opportunity.

For more details on the project and its offerings, you can visit the Elara project page⁶⁷.

Conclusion

Elara by Meraas Holding embodies a remarkable opportunity for those seeking luxury living in some of Dubai’s most coveted neighborhoods. As this project unfolds, potential homeowners and investors will find a variety of residential options and superior amenities that cater to modern lifestyles. The flexible payment plans attached to Elara Property Meraas Holding further enhance its appeal, making it accessible for diverse buyers.

The strategic location within Meraas Holding’s MJL promises enriched living experiences and high-quality standards, ensuring that residents enjoy the best of urban convenience and community spirit. With amenities designed to meet every need, Elara stands out as a sophisticated option in Dubai’s competitive real estate market, making it not just a residence but a lifestyle choice.

As Meraas Holding continues to develop its vision for Elara, it emerges not only as an investment but also as a symbol of elegance and quality in property development. Those eager to embrace an enriching lifestyle in the heart of Dubai will do well to explore the potential of these Elara Meraas Holding Properties, ensuring they are part of a vibrant community marked by sophistication.

Discover more about ongoing developmentsand the exciting future that awaits at Elara⁸.

Source Links

1. https://www.binayah.com/dubai-projects/elara/
2. https://www.tanamiproperties.com/Projects/Elara-at-MJL
3. https://www.propertynetworkuae.com/dubai-projects/elara-at-mjl-by-meraas-holding/
4. https://careers.hgv.com/2023/11/13/celebrating-the-rebranding-of-the-modern-a-hilton-vacation-club/
5. https://sellingtimeshares.net/resorts/hilton-grand-vacation-club/resorts/elara/
6. https://www.propertyfinder.ae/en/new-projects/meraas-holding/elara
7. https://ioffplandubai.com/dubai-property/elara-at-madinat-jumeirah-living/
8. https://ash.confex.com/ash/2023/webprogram/Paper180936.html