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Elara MJL | 1 BR

AED 2,055,000
Book Now
BUA727 ft2
Price per ft22,826 AED
Property typeApartment
AreaJumeirah
DevelopmentMadinat Jumeirah Living
ID (Ref.No)imex-5082345
Bathrooms2
Operated by HotelNO
DeveloperMERAAS
Primary viewsea view
Secondary viewBurj Al Arab
Exclusive 1 bedroom apartment with Burj al Arab View!

Presenting 2 Bedroom luxurious apartment at Madinat Jumeirah Living!

Apartment positives:

·       1 bed

·       Mid floor

·       2.55mln

·       Handover Dec 2026 (30% paid)

·       Park view

Elara at Madinat Jumeirah Living (MJL) by Meraas is a dazzling addition to residential development with a range of 1, 2, 3, and 4-bedroom apartments. This prestigious eighth phase of MJL comprises five-storey low-rise buildings, with a collection of 326 units. These structures represent a harmonious blend of architectural brilliance and sustainable design, setting new standards for urban living in Dubai.

IMEX Real Estate specialists will always help you find any apartment. Contact us via WhatsApp +971(50)5006869, and our online brokers will quickly find you exactly what you need.

Strategically located within the Madinat Jumeirah Living community, it 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 iconic Burj Al Arab skyline are all easily accessible. Moreover, major roadways, including Umm Suqeim, are in close proximity, ensuring a hassle-free travel experience for residents.

MJL aims to redefine the concept of a modern lifestyle. Each building façade tells a unique story, and the development offers attractive lifestyle. Living here means embracing an inspired lifestyle where comfort and convenience are woven into every aspect of daily life. The design and amenities are carefully curated to provide residents with an unparalleled living experience.

This exclusive address offers everything you need for a relaxed, modern lifestyle. The iconic Burj Al Arab serves as a stunning backdrop, while Jumeirah's pristine beaches and the charming traditional windcatchers and canals of Souk Madinat Jumeirah are just moments away. Residents can indulge in the best of both worlds – modern luxury and traditional charm.

With its prime location, luxurious amenities, and attractive payment plans, it offers residents a unique opportunity to own a piece of Dubai's iconic skyline. Come home, where every day feels like a pleasure beyond imagination.

Key Highlights:

  • Elara MJL is the latest addition to the prestigious Madinat Jumeirah Living community.

  • Offers a range of 1, 2, 3, and 4-bedroom apartments, catering to various lifestyle preferences.

  • A collection of 326 units within the development, redefining urban living with a combination of architectural brilliance.

  • Excellent connectivity to famous landmarks and destinations in Dubai, with easy access to premium beach areas.

  • Offers a unique and inspired lifestyle, where convenience and comfort are integrated into every facet of daily life.

  • The development boasts an exclusive address surrounded by the iconic Burj Al Arab skyline, offering a modern and relaxed lifestyle.

FACILITIES AND AMENITIES:

Elara MJL offers a wealth of amenities that elevate the living experience to unparalleled heights. The development is replete with lush landscaped gardens that provide a tranquil escape within the heart of the city. Residents can enjoy leisurely strolls, picnics, or simply unwind amidst the greenery.

Multiple swimming pools beckon on warm days, offering a refreshing respite, while state-of-the-art fitness centers cater to the health and wellness needs of residents. There are dedicated play areas for children, ensuring a safe and enjoyable environment for families. Whether you seek relaxation, recreation, or simply a place to connect with neighbours, the amenities are designed to enhance your quality of life.

·       Day Care Centre

·       Play areas

·       Fitness centers

·       Swimming pool

·       Parks and open space

·       Parking area

·       Gardens

·       Beaches

Elara MJL's master plan by Meraas reflects a commitment to exceptional living. This remarkable development consists of five-story low-rise buildings housing a total of 326 units. The apartments, available in various configurations are designed to offer residents unparalleled luxury and comfort. The plan is marked by architectural brilliance and a focus on sustainable design principles.

Each building within is meticulously crafted to create a harmonious environment where modernity meets functionality. The development also boasts a range of amenities, including landscaped gardens, swimming pools, and fitness centers, ensuring that residents enjoy a balanced and fulfilling lifestyle. The development encompasses not only the physical structures but also the creation of a vibrant and welcoming community where every aspect of life is considered.

INVESTMENT OPPORTUNITIES:

Elara is a good choice for both permanent residence and investment. Once the community is completed, all important facilities will be within walking distance from the complex: schools, shops, shopping centers, kindergartens and medical institutions. This location of the residential complex will attract young professionals, businessmen and their families, as well as young couples with or without children.

Buying real estate in Elara will be a profitable investment with a high level of return on investment.

ROI 7.5%.

Rental price for a one-bedroom apartment in Madinat Jumeirah Living is now about AED 150,000 (USD 41,000) per year, and the ROI is at 7.5%

PAYMENT PLAN: 70/30

Elara is under construction, and the developer offers premium apartments on a favorable payment plan in installments - 70/30, with a down payment of 20%.

The developer plans to complete the construction of the Elara complex in December 2026. After that, foreign buyers will have the opportunity to obtain a residence permit in the UAE. When buying a property priced from AED 750,000 (USD 205,000), it is possible to obtain residency for two years. If you buy a residence worth at least AED 2,000,000 (USD 545,000), you can apply for a long-term “Golden Visa” for a period of 10 years.

IMEX Real Estate stays your reliable guide in the sphere of the USE’s real estate. Our contacts:

Tel.: +971(50)5006869 (Whatsapp, Viber, Telegram)

IMEX REAL ESTATE BROKER LLC

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Email: property@imexre.com

Facilities
  • 24 hour maintenance
  • 24 hour security
  • Available Networked
  • Balcony
  • Coffee Shop
  • Concierge facility
  • Convenience store
  • Eco friendly
  • Laundry Service
  • Lease Management
  • Property Management
  • Restaurants
  • Retail Services
  • Satellite connection
  • Shopping centre
Location
Floor Plans
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AED 2,055,000
Book Now
BUA727 ft2
Price per ft22,826 AED
Property typeApartment
AreaJumeirah
DevelopmentMadinat Jumeirah Living
ID (Ref.No)imex-5082345
Bathrooms2
Operated by HotelNO
DeveloperMERAAS
Primary viewsea view
Secondary viewBurj Al Arab
Jenny Kim
Agent | BRN:
Language: English
Office Tel: +971 4 3951911
Tel: +971 58 137 0025
Tel: +971 58 137 0025  
E-mail:

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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management