Project general facts MJL Elara by Meraas is a premium residential development designed around family living, with a strong focus on spaciousness, comfort, and privacy. The development offers a higher proportion of 2- and 3-bedroom residences, complemented by contemporary architecture and thoughtfully planned layouts that maximise views in all directions. Controlled access and direct entry to each building from the shared basement and main lobby provide residents with added convenience and security. The development offers a wellness-focused lifestyle with a range of premium amenities. Residents can enjoy an infinity pool, a gym with 360-degree views, sky gardens, and a rooftop terrace, creating spaces for fitness, relaxation, and outdoor enjoyment. Carefully designed landscaping further enhances the community, creating a welcoming environment that complements the contemporary architecture and provides residents with a sense of privacy and tranquillity. The residences feature premium modern internal finishes, complemented by elegant contemporary interiors throughout the entrance lobbies, lift cabins, and floor lobbies. Thoughtfully planned layouts maximise natural light and surro
| Milestone | Share | On AED 2.54M |
|---|---|---|
| On booking, 20 payment - On booking (MJL Elara) | 20% | AED 508K |
| During construction, 50 payment - During construction (MJL Elara) | 50% | AED 1.27M |
| Upon Handover, 30 payment - Upon Handover (MJL Elara) | 30% | AED 762K |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 507,800 |
| During construction (50%) | ≈ AED 52,896 equivalent per month over 24 months | AED 1,269,500 |
| Handover (30%) | On completion | AED 761,700 |
| DLD fee (4%) | On booking | AED 101,560 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

Meraas is a prominent Dubai-based developer known for its innovative approach to urban planning and real estate development. The company is recognized for creating modern, integrated communities and iconic landmarks that combine residential, commercial, and entertainment spaces. Meraas projects emphasize luxury,…
MJL Elara starts from AED 2.54M and runs to AED 3.59M, across 1 bedroom. Prices move with each release; the pack carries the current list.
20% on booking, 50% during construction, 30% upon handover, worked in dirhams on AED 2.54M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
Meraas lists handover for DEC 2026, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In MJL (Madinat Jumeirah Living), Dubai: Raffles International School 3 km, Pasha Place 3.7 km, Jumeira Public Beach 3.3 km. The MJL (Madinat Jumeirah Living) community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 4031224784662012. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.
