New homes in Emerge Residences start at AED 1,590,000; keys are due Dec 2027; you pay 10% to book, 40% while it is built and 50% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 141 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Meydan Racecourse Community. Their median price is AED 2,305 per sq ft (about AED 1,577,000 at 684 sq ft). This project's from price is AED 2,325 per sq ft (AED 1,590,000 for its smallest home, 684 sq ft), 1% more.
Keys
Dec 2027
The developer's handover date
Payment plan
10 / 40 / 50
10% to book, 40% while it is built, 50% at the keys
Bedrooms
1 to 3 beds
Sizes
684 to 3,572 sq ft
Ownership
Freehold
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 2,325 per sq ft
Similar off-plan homes: AED 2,305 per sq ft
RERA project
3363
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Nov 2027
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك ابوظبى التجارى
The bank that holds your payments
Registered homes
82
In 1 buildings
Paying for it
You pay 10% when you book, 40% as the building goes up, and 50% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 159,000
Feb 2027
While it is built
10%
AED 159,000
Apr 2027
While it is built
10%
AED 159,000
Jul 2027
While it is built
10%
AED 159,000
Sep 2027
While it is built
10%
AED 159,000
Dec 2027
Keys
50%
AED 795,000
Booking payment, 10%
AED 159,000
Dubai Land Department fee (Oqood), 4%
AED 63,600
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 222,600
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.
Buildings in this area paid a median of AED 8 per sq ft a year in 2023, from 6 buildings on the Dubai Land Department register. For the smallest home (684 sq ft) that is about AED 5,000 a year.
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.
Is the price fair?
Dubai Land Department recorded 141 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Meydan Racecourse Community, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Emerge Residences sold in 24 months, so we compare with off-plan sales across Meydan Racecourse Community.
Dubai Land Department recorded 141 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Meydan Racecourse Community, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,305 per sq ft
AED 1,669 to AED 1,935 per sq ft
20 sales
AED 1,935 to AED 2,201 per sq ft
31 sales
AED 2,201 to AED 2,467 per sq ft
33 sales
This project's from price is in this band.
AED 2,467 to AED 2,733 per sq ft
20 sales
AED 2,733 to AED 2,999 per sq ft
2 sales
AED 2,999 to AED 3,265 per sq ft
0 sales
AED 3,265 to AED 3,531 per sq ft
3 sales
AED 3,531 to AED 3,796 per sq ft
32 sales
AED 1,669 per sq ftAED 3,796 per sq ft
This project AED 2,325 per sq ft
Half of the sales sold for AED 2,041 to AED 2,780 per sq ft
The median is the middle sale: half sold for less, half for more.
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Price per sq ft
Sales
AED 1,669 to AED 1,935 per sq ft
20
AED 1,935 to AED 2,201 per sq ft
31
AED 2,201 to AED 2,467 per sq ft
33
AED 2,467 to AED 2,733 per sq ft
20
AED 2,733 to AED 2,999 per sq ft
2
AED 2,999 to AED 3,265 per sq ft
0
AED 3,265 to AED 3,531 per sq ft
3
AED 3,531 to AED 3,796 per sq ft
32
The 3 closest sales
Picked from the 141 similar sales above, closest in size to this project's smallest home.
Jul 2026AED 1,462,500AED 2,138 per sq ftEmerge Residences by Elysian, 684 sq ft
Feb 2026AED 1,590,000AED 2,325 per sq ftEmerge Residences by Elysian, 684 sq ft
Jan 2026AED 1,563,579AED 2,286 per sq ftWoodland Crest, 684 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Nad Al Sheba 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
1-bed apartmentFrom AED 1,590,000 here
Off-plan medianAED 2,334,000AED 3,637 per sq ft
Sales485
1% above 141 similar sales
2-bed apartment
Off-plan medianAED 3,254,000AED 2,700 per sq ft
Sales260
3-bed apartment
Off-plan medianAED 5,168,000AED 2,550 per sq ft
Sales50
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
5.3%
Typical for similar ready homes
7.1%
Median rent of 1-bed apartments in Nad Al Sheba
AED 85,000 a year
Rent contracts counted
613
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 85,000 a year
2-bed apartment
AED 130,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 85,000 ÷ AED 1,590,000 = 5.3%. 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
Business Bay Metro Station5.5 km, 10 min driveMetro station
Business Bay creek front4.3 km, 13 min driveWaterfront
Dubai International School3.3 km, 13 min driveSchool
Hartland International School3.6 km, 14 min driveBritish school
GEMS New Millenium School4.2 km, 16 min driveIndian school
Sobha Mall (Under Construction)3.7 km, 7 min driveMall
Emerge Residences is an Elysian Developments apartment project in Nad Al Sheba with one- to three-bedroom homes from AED 1,590,000. Half the price is due at handover, listed for December 2027, and the from price per square foot is 0.8% above 141 similar one-bedroom sales in Meydan Racecourse Community (12 months to October 2026).
Half the price falls at handover. The plan is 10% on booking, 40% during construction and 50% at handover, so at the from price that is AED 159,000 to book, AED 636,000 during construction and AED 795,000 at handover. Separately, the 4% DLD fee comes to AED 63,600; ask when it is due. The listed handover is December 2027, 13 months from now.
The price check puts the from price per square foot 0.8% above 141 similar one-bedroom sales in Meydan Racecourse Community over the 12 months to October 2026. Those sales were across the area, not in this project. Ask for the price per square foot of the exact unit you are offered.
Homes have one to three bedrooms, with sizes from 684 to 3,572 sq ft: about 684 sq ft for one bedroom, 1,036 sq ft for two and 3,572 sq ft for the three-bedroom homes with a pool. The listing describes floor-to-ceiling windows, travertine-finished floors, ensuite bedrooms and smart-home systems. Some residences also have cold plunges, outdoor saunas and private pools. Shared facilities include an infinity pool, a smart gym, shaded jogging trails and the Elysian Longevity Clubhouse, which offers hyperbaric oxygen, cryotherapy and red-light therapy. Ask which of these the service charge covers.
Dubai International School is about 3.3 km away, around 13 minutes by car, and Hartland International School about 3.6 km, around 14 minutes. Business Bay is about 4.1 km away, around 11 minutes by car. The nearest metro, Business Bay Metro Station, is about 5.5 km away, around 10 minutes by car. Dubai Hills Golf Club is about 5.2 km away and Jumeirah Beach about 17 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
3 BR + Pool
How prices moved
Median price of 1-bed apartments in Nad Al Sheba, over the 12 months to each dateUp 154% from Dec 2024 to Sep 2026.
Dec 2024AED 1,433 per sq ft
Sep 2026AED 3,637 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 3,637 per sq ft
485 sales
Jun 2026
AED 2,607 per sq ft
453 sales
Mar 2026
AED 2,549 per sq ft
374 sales
Dec 2025
AED 2,366 per sq ft
170 sales
Sep 2025
AED 2,243 per sq ft
124 sales
Jun 2025
AED 1,751 per sq ft
91 sales
Mar 2025
AED 1,716 per sq ft
85 sales
Dec 2024
AED 1,433 per sq ft
153 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which company is building Emerge Residences?
Elysian Developments. The project is in Nad Al Sheba.
Can foreigners buy here?
Yes. It's in a freehold area, so foreign buyers can own outright.
When is handover?
The listed handover is December 2027, 13 months from now.
How much is left to pay at handover?
Half the price: AED 795,000 at the from price, after AED 159,000 on booking and AED 636,000 during construction.
How does the price compare with similar sales?
The price check puts the from price per square foot 0.8% above 141 similar one-bedroom sales in Meydan Racecourse Community (12 months to October 2026).
Do any homes have a private pool?
Yes. The listing gives a three-bedroom home with a pool of about 3,572 sq ft, and some residences also have outdoor saunas and cold plunges.