Elmora — project image
Off-Plan

Elmora

From AED 1.15M·Handover Feb 2028·10% down payment Payment
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AED 1.15M
Starting Price
Feb 2028
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

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.

Project Specifications
DeveloperNeoterra Real Estate Development
LocationJumeirah Garden City
Unit Types1 BR, 2 BR, Apartments
AreaJumeirah Garden City
Ownershipfreehold
Rental analysisSee scenario below

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.

Scenario Cap Rate
4.3%
NOI AED 49,627 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,674
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 529,052 / annual levered cash flow. Excludes time before letting.

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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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Neoterra Real Estate Development.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

Billiards
Central A/C
Concierge Service
Coworking zone
Electric Vehicle Charger
Housekeeping Services
Infinity pool
Jogging tracks
Landscaped garden
Laundry
Leisure areas
Lift
Lobby
Lounge
Parking
Pool Deck
Recreational areas
Resting Areas
Sauna
Security and CCTV
Shared Jacuzzi
Shared gym & fitness
Sitting Area
Smart home
Social zone
Theater
Walking paths

Location

Jumeirah Garden City

Nearby Destinations

Jumeirah Garden City

Developer and Project Facts

01

Elmora by Neoterra Real Estate Development

02

Located in Jumeirah Garden City

03

Starting from AED 1,150,112

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Feb 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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