
Elmora is a residential complex developed by Neoterra Developments and represented by GRID Properties, located in Jumeirah Garden City, Dubai. The project features a modern building that includes a ground floor, two podium levels, and eight residential floors, where elegant architecture is harmoniously combined with functionality and refined style. Light façades, panoramic glazing, and green terraces create an atmosphere of privacy and harmony with the surrounding environment. The complex offers studios and one- and two-bedroom apartments, designed with premium materials and a contemporary aesthetic. The interiors are distinguished by thoughtful ergonomics and attention to detail — soft tones, exquisite textures, and high-quality craftsmanship create a sense of warmth and comfort. The complex provides residents with a wide range of premium amenities, including an infinity pool with panoramic views, a modern gym, jacuzzi, sauna, lounge areas, landscaped gardens, a contemporary co-working space, and a jogging track. Thanks to its prime location, it takes about 16 minutes to reach Dubai International Airport, 17 minutes to Burj Khalifa and Dubai Mall, 38 minutes to Burj Al Arab, and approximately 40 minutes to Palm Jumeirah and JBR Beach.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Elmora launch basis | 1,278 | AED 1.15M | Current launch / asking basis |
| Jumeirah Garden City ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Jumeirah Garden City premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

















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Astraterra Properties
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Jumeirah Garden City
Elmora by Neoterra Real Estate Development
Located in Jumeirah Garden City
Starting from AED 1,150,112
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Feb 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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