Project Overview
ELIRE Managed by LUX* is a premium residential development by Qube Development, located in the prestigious Business Bay district. Created in partnership with the international brand LUX*, the project embodies a concept of refined, secluded living with contemporary architectural expression. The complex includes a basement level, a ground floor, three podium levels, twenty-three residential floors and a roof. The façade features vertical lines, deep recesses and panoramic glazing, creating a dynamic interplay of light, while interior spaces transition from open social areas to more private zones. Soft natural tones and elegant finishes contribute to a calm and modern atmosphere. Available units include 1–3 bedroom apartments and duplex residences with 3 and 4 bedrooms. Bright layouts, spacious terraces and thoughtful zoning offer the feel of an urban sanctuary. Residents enjoy a curated selection of premium amenities, including a rooftop infinity pool, spa area with sauna and beauty lounge, yoga and Pilates studios, lounge spaces, a club area, children’s playrooms, as well as paddle and basketball courts. Landscaped terraces and water features enhance the resort-like ambience. Its Business Bay location ensures quick access to key city destinations: Burj Khalifa, Dubai Mall, Dubai Opera and Dubai Canal are just minutes away, while DIFC and City Walk are around 10–15 minutes from the complex.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Qube Development.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Business Bay
Nearby Destinations
Developer and Project Facts
ELIRE Managed by LUX* by Qube Development
Located in Business Bay
Starting from AED 2,613,375
Unit mix includes 1 BR, 2 BR, 3 BR, 4 BR
Expected handover: Dec 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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