Price from
AED 1.66M
Starting price for Elmora.

New Launch
Elmora by Neoterra in Jumeirah Gardens is priced from AED 1.66M at AED 24,476 to AED 30,093 per sqm, with a Q1 2028 completion target.
What the current data says
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Data coverage
We publish what our pipeline can verify today. Gaps below are on the backlog.
Price from
AED 1.66M
Starting price for Elmora.
Completion
Q1 2028
Tracked completion target for Elmora.
Related projects
4
Nearby launches and other Neoterra projects.
Elmora is a residential off-plan launch by Neoterra in Jumeirah Gardens, priced from AED 1.66M with a Q1 2028 completion target. Per-sqm rates sit between AED 24,476 and AED 30,093 — mid-range for the district and worth benchmarking against active nearby launches before committing capital. Thirty tracked transactions give buyers a transactional reference for validating current ask prices against the developer's pricing curve. Factor the 6% buyer-side buyer-side fee into total acquisition cost before comparing net yields across competing Jumeirah Gardens projects.
Elmora offers two configurations. The entry unit runs 58.53 sqm at a fixed AED 1.66M — the transactional record shows no price spread across this type, pointing to either a single-tier allocation or near-full absorption at launch. The larger configuration spans 60.48 to 88.91 sqm at AED 1.73M to AED 2.18M, and at the top of that range — 88.91 sqm at approximately AED 24,476 per sqm — it delivers the best floor-area efficiency in the building. The compact entry unit prices out at around AED 28,361 per sqm, a meaningful premium relative to the upper configuration. Investors targeting yield efficiency should note that the larger unit captures a wider tenant pool — couples and professionals with home-office requirements — while the entry unit limits total capital at risk for a first position in the district. Add the 6% buyer-side fee to your acquisition figure before running any yield or resale margin calculation, and review the buying process for a full account of SPA protections and payment plan structures applicable to Dubai off-plan purchases.
Jumeirah Gardens occupies a central Dubai position between Al Satwa and the Safa Park corridor, with Sheikh Zayed Road access tightening the commute to DIFC, Downtown, and the Business Bay employment cluster. The district is at a density inflection point: multiple launches are tracking toward the same 2027 to 2028 completion window, which will compress the early-mover rental premium that single-building completions typically capture in thinner submarkets. Elmora buyers holding long-term benefit from the district's progressive amenity build-out and the transaction depth that accumulates as a residential cluster matures. Investors targeting short-cycle capital gains face a more competitive resale environment as concurrent completions build the comparables base and give future buyers pricing power. The district's central positioning makes it structurally more liquid than peripheral Dubai locations, but that accessibility premium is already priced into Elmora's AED 24,476 to AED 30,093 per sqm range. For active inventory, developer concentration risk, and current pricing levels across all launches in the district, the Jumeirah Gardens area overview sets out the full investment case.
Three Jumeirah Gardens launches merit direct comparison against Elmora before any deciding decision. Amber By Enso is the primary competitive reference: run entry price per sqm, available unit sizes, and handover date side by side with Elmora to identify which project delivers better capital efficiency for your budget and hold horizon. The Grandala, also developed by Neoterra, provides a within-developer comparison — if The Grandala offers a materially different unit mix or pricing structure, it may suit buyers with different floor-area targets while carrying the same developer risk profile as Elmora. Olivia Gardens Residence rounds out the Jumeirah Gardens comparison set and is particularly relevant for buyers weighting developer delivery track record alongside per-sqm value. Across all three, the decisive variables are: verified price per sqm at current asking, handover date relative to Elmora's Q1 2028 target, the developer's completion history in this specific district, and the depth of transactional evidence supporting current valuations. Elmora's 30 tracked transactions is a workable data set for a project at this stage — any alternative with materially fewer transactions carries greater pricing uncertainty and weaker exit liquidity. The full list of active off-plan projects allows direct stack-ranking across all current Dubai launches.

The entry configuration at 58.53 sqm records a flat AED 1.66M across the tracked transaction data with no price spread, which typically indicates either a single-tier price point for that unit type or a near-fully absorbed tranche. Off-plan allocations in Dubai are commonly repriced between launch phases as inventory tightens. Buyers should confirm current availability and active phase pricing directly with a licensed sales advisor or with Neoterra before treating AED 1.66M as the live entry point.
The strongest proxy for Neoterra's delivery performance in Jumeirah Gardens is [The Grandala](/projects/the-grandala), another project by the same developer in the same district. Reviewing The Grandala's handover trajectory against its original timeline gives buyers a grounded basis for assessing whether Q1 2028 is conservative or aspirational. For a structured overview of off-plan delivery risk versus buying ready property, the [off-plan vs ready comparison](/compare/off-plan-vs-ready) covers the key contractual and timing considerations that apply to any Dubai off-plan commitment.
The 6% buyer-side fee and the 4% Dubai Land Department registration fee are separate buyer-side costs — both apply on acquisition and neither substitutes for the other. On a AED 1.66M purchase, combined upfront transaction costs approach AED 166,000 before any service charge reserves or financing costs. Model both figures into your total entry cost when comparing Elmora against other [Jumeirah Gardens off-plan projects](/areas/jumeirah-gardens) on a net yield or breakeven basis.

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