Elara
Nakheel · Umm Suqeim · 238 homes · Under construction
A Nakheel project under construction in Umm Suqeim: 238 homes, 64% built, with completion promised for Q4 2026 on the register.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q4 2023 | 3,051 | 48 |
| Q1 2024 | 2,894 | 180 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs today. Launch to today.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When will Elara be completed?
The register declares completion for Q4 2026, and the project is reported 64% built. Nakheel's completed Dubai projects typically finished 2 quarters late.
Who built Elara?
Nakheel. The project is registered to Nakheel on the Dubai Land Department register, which lists 81 projects for the developer in Dubai, 39 of them under construction. 4 of its 16 dated handovers came within 3 months of the promised date.
How many homes are in Elara?
238, as counted on the Dubai Land Department register. The declared mix: 103 1 BR, 105 2 BR, 23 3 BR, 3 4+ BR.
