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Elmora Residence

NEOTERRA
Starting from
0.71M AED
Handover
Q1 2028
Stage
Under construction
Payment Plan
20/40/40
Property Type
Apartment
Price per sqft
AED 2,905
22% above area avg

Floor Plans & Unit Types

Plan on request
Studio
226 sqft
1 Bathroom
from 0.71M AED
Ask about this layout
Plan on request
1 Bedroom
398 sqft
1 Bathroom
from 1.15M AED
Ask about this layout
Plan on request
2 Bedrooms
646 sqft
2 Bathrooms
from 1.72M AED
Ask about this layout

How much you pay, and when

20%
Booking
now
40%
Construction
5 quarters
40%
Handover
Q1 2028
Amounts for each layout · 3
  • Studio

    226 sqft

    from AED 715K

    AED 3,164 per sqft

    Booking

    AED 143K

    Construction

    AED 286K

    5 × AED 57K

    Handover

    AED 286K

    Ask
  • 1 Bedroom

    398 sqft

    from AED 1.15M

    AED 2,889 per sqft

    Booking

    AED 230K

    Construction

    AED 460K

    5 × AED 92K

    Handover

    AED 460K

    Ask
  • 2 Bedrooms

    646 sqft

    from AED 1.72M

    AED 2,663 per sqft

    Booking

    AED 344K

    Construction

    AED 688K

    5 × AED 138K

    Handover

    AED 688K

    Ask

Payment schedule by quarter

On the cheapest layout (studio from AED 715,000): what leaves your account and when. By handover you will have paid AED 429,000, with the rest due on keys.

WhenPaymentPaid to dateLeft to payShare of the flat
Q1 2027AED 57,200AED 200,200AED 514,80028%
Q2 2027AED 57,200AED 257,400AED 457,60036%
Q3 2027AED 57,200AED 314,600AED 400,40044%
Q4 2027AED 57,200AED 371,800AED 343,20052%
Q1 2028AED 57,200AED 429,000AED 286,00060%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

Location & Nearby Places

Google Maps

Compared with the area

Price per sqft
+22%
AED 2,905 per sqft - 22% above the Al Satwa average of AED 2,378.
Entry price
No. 1
The most accessible entry price of the 28 projects in Al Satwa in our catalogue.
Handover
2028
Handover is later than for most projects in the area. Projects in Al Satwa hand over between 2026 and 2029.
Payment plan
20/40/40
Differs from the usual plan of NEOTERRA: most of the developer's 2 projects in our catalogue use 20/20/20/40.
Smallest unit
226 sqft
The smallest unit is 43% smaller than is typical for Al Satwa (394 sqft).

Calculated across the 28 projects we track in Al Satwa. Figures come from our own catalogue, not from a market index.

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area

About Elmora Residence

NEOTERRA presents Elmora Residence - a new off-plan project in Al Satwa, Dubai.

The project offers studios and 1 and 2-bedroom apartments with prices starting from AED 715K. The project is expected to be completed by Q1 2028, offering a 20%/40%/40% payment plan.

The development includes Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium among its amenities. Elmora Residence represents a strong investment opportunity in one of Dubai's growing communities.

About the developer

NEOTERRA

About the area

Al Satwa

New projects
29
Prices from
AED 715K
Deals a year (DLD)
1,540
AED per sqft in deals
2,295

Price per sqft by year, AED

1,897
2024
2,176
2025
2,264
2026

Frequently Asked Questions

What is the starting price of Elmora Residence?
Elmora Residence by NEOTERRA offers apartment in Al Satwa, Dubai starting from AED 0.7M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.
What is the payment plan for Elmora Residence?
Elmora Residence offers a flexible off-plan payment plan: 20% down payment, 40% during construction, 40% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.
When is the handover date for Elmora Residence?
Elmora Residence is scheduled for handover in Q1 2028. NEOTERRA is one of Dubai's leading developers with a strong track record of on-time delivery.
What types of units are available at Elmora Residence?
Elmora Residence features studios, 1-bedroom apartments and 2-bedroom apartments in Al Satwa, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.
Where is Elmora Residence located in Dubai?
Elmora Residence is situated in Al Satwa, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.
Is Elmora Residence available for foreign buyers?
Yes. Elmora Residence is a freehold development in Al Satwa, Dubai, which means it is open for purchase by non-UAE nationals and foreign investors with 100% ownership rights.
What amenities does Elmora Residence offer?
Elmora Residence features a full range of lifestyle amenities including Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium, Restaurants and more. The development is designed to offer resort-style living within Al Satwa, Dubai.
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