New homes in Elmora start at AED 1,141,397; keys are due Mar 2028; you pay 20% to book, 20% while it is built and 60% at the keys.
Keys
Mar 2028
The developer's handover date
Payment plan
20 / 20 / 60
20% to book, 20% while it is built, 60% at the keys
Bedrooms
Studio to 2 beds
Sizes
224 to 1,106 sq ft
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 5,096 per sq ft
At the smallest size listed
RERA project
4088
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
Feb 2028
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك الفجيره الوطنى ش م ع
The bank that holds your payments
Registered homes
85
In 1 buildings
Paying for it
You pay 20% when you book, 20% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 228,279
Feb 2027
While it is built
4%
AED 45,656
Apr 2027
While it is built
4%
AED 45,656
Jul 2027
While it is built
4%
AED 45,656
Oct 2027
While it is built
4%
AED 45,656
Dec 2027
While it is built
4%
AED 45,656
Mar 2028
Keys
60%
AED 684,838
Booking payment, 20%
AED 228,279
Dubai Land Department fee (Oqood), 4%
AED 45,656
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 273,935
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Neoterra for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Al Satwa in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 1,141,397 here
Off-plan medianAED 1,030,000AED 2,421 per sq ft
Sales612
Too few sales to check: 5
1-bed apartment
Off-plan medianAED 1,622,000AED 2,172 per sq ft
Sales643
2-bed apartment
Off-plan medianAED 2,363,000AED 2,179 per sq ft
Sales143
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
4.7%
Median rent of studio apartments in Al Satwa
AED 54,000 a year
Rent contracts counted
147
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 54,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 105,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 54,000 ÷ AED 1,141,397 = 4.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
World Trade Centre Metro Station650 m, 15 min walkMetro station
La Mer Beach2.2 km, 9 min driveBeach
La Mer seafront2.5 km, 8 min driveWaterfront
Al Shhaab Schol for Basic Edication1.3 km, 5 min driveSchool
GEMS Winchester School3.9 km, 9 min driveBritish school
New academy school3.1 km, 7 min driveAmerican school
Jumeirah Baccalaureate School2 km, 7 min driveIB school
The Indian High School4.1 km, 9 min driveIndian school
Al Diyafa Shopping Center1.3 km, 3 min driveMall
Invisible Braces Dental And Skin Polyclinic350 m, 5 min walkHospital
Elmora is a Neoterra building in Al Satwa with studios to 2-bedroom apartments from AED 1,141,397, and handover listed for March 2028. The plan leaves 60% of the price to handover, and the World Trade Centre metro is about 650 m away by our map.
You pay 20% on booking, 20% during construction and 60% at handover. At the from price that is about AED 228,300 on booking, about AED 228,300 during the build and about AED 684,800 at handover, which is listed for March 2028. The plan also appears with a different split elsewhere in the listing, so get the final schedule in writing.
The listing does not state the type of ownership, so confirm the ownership terms with the developer before you pay. The 4% Land Department fee is about AED 45,700 at the from price.
The building has 85 homes, sold fully furnished. The listing gives sizes of 224 to 1,106 sq ft for studios to two bedrooms; ask for the floor plan of your unit. Kitchens come with Teka appliances and stone worktops, and each home has smart controls for lights, temperature and security. Residents share an infinity lap pool, a jacuzzi, saunas, a gym and a co-working studio.
By our map, World Trade Centre Metro Station is about 650 m away, and Dubai World Trade Centre about 1 km. A dental and skin polyclinic is about 325 m away. Jumeirah Baccalaureate School is about 2 km away, and La Mer Beach about 2.2 km, nine minutes by car.
The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.
1 BR
2 BR
How prices moved
Median price of studio apartments in Al Satwa, over the 12 months to each dateUp 3% from Dec 2024 to Sep 2026.
Dec 2024AED 2,352 per sq ft
Sep 2026AED 2,421 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 2,421 per sq ft
612 sales
Jun 2026
AED 2,418 per sq ft
715 sales
Mar 2026
AED 2,409 per sq ft
591 sales
Dec 2025
AED 2,408 per sq ft
472 sales
Sep 2025
AED 2,300 per sq ft
421 sales
Jun 2025
AED 2,154 per sq ft
264 sales
Mar 2025
AED 2,032 per sq ft
129 sales
Dec 2024
AED 2,352 per sq ft
105 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which developer is building Elmora?
Neoterra. The building is in Al Satwa and has 85 homes.
Can foreigners buy here?
The listing does not state the ownership type, so confirm the ownership terms with the developer.
How much is due at handover?
60% of the price. At the from price that is about AED 684,800, after about AED 228,300 on booking and AED 228,300 during construction. The listed handover is March 2028.
What do residents share?
An infinity lap pool, a jacuzzi, saunas, a gym and a co-working studio.
Are the homes furnished?
Yes, they are sold fully furnished, with Teka kitchen appliances and smart home automation.
How close is the metro?
World Trade Centre Metro Station is about 650 m away by our map.
