Elmora by Neoterra Real Estate Development, developer's renderOff-plan · Freehold
Jumeirah Garden City · Dubai

Elmora

by Neoterra Real Estate Development · handover Q1 2028

AED 1.15Mstarting price today
AED 2,796registered per sq ft
48sales in 12 months
85units
Q1 2028Planned handover
Neoterra Real Estate DevelopmentDeveloper
85Units registered
Registered, startingConstruction
FreeholdOwnership
4088DLD project number
About the project

Elmora, in plain numbers.

Elmora is an off-plan residential project by Neoterra Real Estate Development in Jumeirah Garden City (Al Satwa), Dubai. It is registered with the Dubai Land Department as project 4088, a g+2p+8 residential building scheme, with works dated from December 2025. Handover is planned for Q1 2028. 85 units are registered, mostly one-bedroom homes of about 452 sq ft and 2-bedroom homes of about 710 sq ft. The register shows 51 sales since January 2026, 48 of them in the last twelve months, at a median of AED 2,796 per sq ft.

Our view
  • Entry price under AED 1.2M
  • 49% above ready resales in Al Satwa per sq ft
  • 48 registered sales in 12 months

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Elmora.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
Studio7226 sq ft5AED 728,2083,248
1 bedroom39452 sq ft31AED 1,206,0992,844
2 bedrooms39710 sq ft12AED 1,862,3922,696

Matched to the Land Department project Elmora (project no. 4088).

Payment plan

How you pay.

The developer's payment plan is in the brochure pack.

Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.

Send me the payment plan
From the Land Department register

What Elmora actually sells for.

Registered sale prices, not the developer's list prices.

AED 2,796median per sq ft, last 12 months
48sales registered in 12 months
51sales registered in total, since January 2026
+49%against ready homes in Al Satwa (AED 1,877 per sq ft)
1,5002,0002,5003,0003,500 2025 Q1: AED 1,598 per sq ft, 1 sale2026 Q1: AED 2,860 per sq ft, 33 sales2026 Q2: AED 2,727 per sq ft, 14 sales2026 Q3: AED 2,795 per sq ft, 1 sale Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0100033141 sales
1,5002,0002,5003,0003,500 2025 Q1: AED 1,598 per sq ft, 1 sale2026 Q1: AED 2,860 per sq ft, 33 sales2026 Q2: AED 2,727 per sq ft, 14 sales2026 Q3: AED 2,795 per sq ft, 1 sale Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0100033141 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
6 Jul 20261 B/R480AED 1,340,3702,795Off-plan
24 Jun 20262 B/R663AED 1,834,6042,769Off-plan
22 Jun 20261 B/R397AED 1,236,4213,115Off-plan
20 May 20262 B/R725AED 1,936,3862,670Off-plan
20 May 20262 B/R819AED 1,947,9352,379Off-plan
20 May 20262 B/R766AED 1,819,3542,376Off-plan
12 May 20261 B/R480AED 1,332,2502,778Off-plan
12 May 20261 B/R394AED 1,206,0993,060Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Jumeirah Garden City, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Elmora handed over?

The developer plans handover for Q1 2028. Launch dates can move, and we track the registered progress for you.

Who is the developer of Elmora?

Neoterra Real Estate Development (registered as Neoterra Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 4088.

What is the payment plan for Elmora?

The developer shares the current plan with the price list; message us and we send both, usually the same day.

What is the price per square foot in Elmora?

Registered sales over the last 12 months have a median of AED 2,796 per sq ft, against about AED 1,877 for ready homes in Al Satwa.

Can foreigners buy in Elmora?

Yes. Elmora is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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From AED 1.15MNeoterra Real Estate Development · Q1 2028