MERAAS "Elara"
Meraas Developer · Jumeirah · Dubai
SKID Score7.3 / 10
SKID Score
7.3 / 10
Worth comparing
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
Key Investment Insight
Estimated gross rental yield of 2.6% (~1.3% estimated net)
- Published price
- From AED 2.73M
- Payment plan
- —
- Handover
- Dec 2026
- Available units
- 1–2 beds · Freehold
- Gross yield
- 2.6%
- Fair value
- No DLD sale comparison for this community
- Risk
- Low
- At handover
- Plan not published
Insufficient evidence — comparable sales benchmark unavailable
Not enough verified closed residential sales in Jumeirah on DLD to benchmark this asking price.
Insufficient evidence — why comparable sale prices are unavailable
Without at least 3 recent closed sales of the same residential property type in this neighborhood, you cannot verify whether the developer's asking price is above or below market. Request recent transfer deeds in adjacent buildings before paying a booking deposit.
AED 3,749 / sq.ft.
AED 2,733,000 starting price · 729 sq.ft.
Headline AED/sq.ft. (AED 3,749/sq.ft.) is calculated from the published starting 1 BR unit (AED 2,733,000 ÷ 729 sq.ft.). Because this project spans unit sizes from 729 to 1,574 sq.ft. and prices from AED 2,733,000 to AED 4,400,000 and 1BR–2BR layouts, larger units have different total prices and floor areas—select or enter your exact unit in the Offer Calculator to evaluate a larger layout.
Insufficient Evidence
Min. 3 comparable sales required
Median price paid for completed residential homes nearby (DLD).
Not Calculated
No assumption substituted
Positive (+) is a premium above benchmark median; negative (-) is a discount below benchmark median (not a guaranteed gain).
What price should I offer?
Separating developer asking price, official closed comparable sales, model fair value, and evidence-supported negotiating range.
AED 2.73M
AED 3,749 / sq.ft. · 729 sq.ft.
Calculated from the published starting 1 BR unit (AED 2,733,000 ÷ 729 sq ft = AED 3,749/sqft). Larger units in the project range up to 1,574 sq ft (up to AED 4,400,000) — enter your specific unit's brochure price and sq ft if evaluating a larger layout.
Insufficient comps
Min. 3 matched sales required
Withheld
Requires verified comps & size
Precise Range Withheld
Only 0 verified comparable closed sale(s) matched this unit's type, size, and recency criteria (minimum 3 required). SKID does not invent a precise negotiating range when transaction evidence is thin.
You might find a better deal.
Up to three evidence-backed alternatives from SKID's database matched to MERAAS "Elara" by budget, asset class, location, and 6-dimension risk-return profile.
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 2.6%
- Fair value
- No official closed-sale comparison for this community
Last evaluated: 2026-10-23
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 7.3
| Factor | Weight | Score |
|---|---|---|
Location Waterfront or beach positioning | 34.8% | 7.4/ 10 |
Developer 1 other catalog project(s) already past their published handover | 26.1% | 8.4/ 10 |
Supply / competition 2 other live launches in Jumeirah | 17.4% | 8.0/ 10 |
Rental yield Implied gross yield is 2.6% against community rents | 13% | 3.8/ 10 |
Delivery risk Near-completion handover inside six months | 8.7% | 7.7/ 10 |
Strong
- • 1 other catalog project(s) already past their published handover
- • 2 other live launches in Jumeirah
Watch
- • Waterfront or beach positioning
- • Near-completion handover inside six months
Risk
- • Implied gross yield is 2.6% against community rents
What the agents are saying & Did each agent do its job?Show audit detailsHide
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for Meraas Developer: 8.4 / 10 from delivery history. 1 other catalog project(s) already past their published handover Established Tier-1 UAE master developer track record Delivery risk 7.7 / 10. Near-completion handover inside six months.
Community read for Jumeirah: location 7.4 / 10, supply 8.0 / 10. Waterfront or beach positioning 2 other live launches in Jumeirah
Pricing agent: No DLD price per sq ft comparison, so entry price did not change the score. No usable service charge, so that factor was left out. No resale volume on DLD, so exit liquidity was left out.
ROI agent: No community price trend and no project-specific news, so appreciation was left out. Implied gross yield is 2.6% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for Meraas Developer: 8.4 / 10 from delivery history. 1 other catalog project(s) already past their published handover Established Tier-1 UAE master developer track record Delivery risk 7.7 / 10. Near-completion handover inside six months.
Community
Community read for Jumeirah: location 7.4 / 10, supply 8.0 / 10. Waterfront or beach positioning 2 other live launches in Jumeirah
Pricing
Pricing agent: No DLD price per sq ft comparison, so entry price did not change the score. No usable service charge, so that factor was left out. No resale volume on DLD, so exit liquidity was left out.
ROI
ROI agent: No community price trend and no project-specific news, so appreciation was left out. Implied gross yield is 2.6% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
Location
Jumeirah · Madinat Jumeirah Living · Dubai
Recent sales nearby
No closed sales for this community are in the loaded official registry book.
Available units
1–2 beds · Apartments
From AED 2.73M
729 sq.ft · AED 3,749 / sq.ft
Price not published
From 729 sq ft / sq m as published
Headline AED/sq.ft. (AED 3,749/sq.ft.) is calculated from the published starting 1 BR unit (AED 2,733,000 ÷ 729 sq.ft.). Because this project spans unit sizes from 729 to 1,574 sq.ft. and prices from AED 2,733,000 to AED 4,400,000 and 1BR–2BR layouts, larger units have different total prices and floor areas—select or enter your exact unit in the Offer Calculator to evaluate a larger layout.
Amenities
- Security & CCTV
- Children’s Pool
- Shared Pool
- Kids’ Play Area
- Central A/C
- Lobby
- Shared Gym & Fitness Centre
- Dining outlets (coffee houses & restaurants)
- Retail Outlets
- BBQ
- Leisure Areas
MERAAS "Elara"
From AED 2.73M · 7.3 / 10
Questions about this launch
- Is MERAAS "Elara" a good off-plan investment in Jumeirah?
- MERAAS "Elara" in Jumeirah (Dubai) scores 7.3/10 (compare) on the independent SKID 10-factor off-plan model across 58% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield. SKID Fair Value Gap: Insufficient market evidence — closed transaction comparison is withheld where matched sale sample size or unit floor area is insufficient. SKID Rental Evidence: registered tenancy contracts imply ~2.59% gross yield before service charges and vacancy reserves. Reviewed by SKID Investment Research Engine (as of 2026-10-23).
- Who is building MERAAS "Elara"?
- Meraas Developer is the developer named on this launch.
- When is handover for MERAAS "Elara"?
- The published handover is Dec 2026.
- What is the starting price of MERAAS "Elara"?
- The published starting price is AED 2.73M.
- What does the SKID screen mean for MERAAS "Elara"?
- The SKID screen for this launch in Jumeirah is 71 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.
Methodology & Registry Provenance (Evaluated 2026-10-23)Details
Evidence Coverage: 5 of 10 canonical factors evidenced (57.5% weight coverage). Missing factors are excluded rather than treated as positive evidence.
Provenance Policy: Closed Dubai Land Department (DLD) registry transactions, Oqood registrations, and registered Ejari tenancy contracts are strictly separated from developer launch prices and portal listings.
Scoring Methodology·Research Reports·Investor Q&A·Weekly Verdicts