New homes in ELA Residences Dorchester Collection start at AED 888,000; keys are due Jan 2028; you pay 5% to book, 55% while it is built and 40% at the keys.
Keys
Jan 2028
The developer's handover date
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
3 to 4 beds
Sizes
4,700 to 42,900 sq ft
Ownership
Freehold
Property types
Apartment, Penthouse, and Duplex
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 189 per sq ft
At the smallest size listed
We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.
Paying for it
You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 5%
Booking
5%
AED 44,400+ AED 35,520 DLD fee
AED 79,920
Feb 2027While it is built · 13.8%
While it is built
13.8%
AED 122,100
AED 202,020
May 2027While it is built · 13.8%
While it is built
13.8%
AED 122,100
AED 324,120
Jul 2027While it is built · 13.8%
While it is built
13.8%
AED 122,100
AED 446,220
Oct 2027While it is built · 13.8%
While it is built
13.8%
AED 122,100
AED 568,320
Jan 2028Keys · 40%
Keys
40%
AED 355,200
AED 923,520
Booking payment, 5%
AED 44,400
Dubai Land Department fee (Oqood), 4%
AED 35,520
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 79,920
Total costPrice plus the DLD fee
AED 923,520
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.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
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. "Rent and yield" below gives the figure for this project.
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 Palm Jumeirah 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
3-bed apartmentFrom AED 888,000 here
Off-plan medianAED 13,636,000AED 6,544 per sq ft
Sales117
Too few sales to check: 17
4-bed apartment
Off-plan medianAED 55,000,000AED 6,910 per sq ft
Sales36
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
36%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
24.5%
Typical gross yield of similar ready homes
4.8%
Median rent of 3-bed apartments in Palm Jumeirah
AED 320,000 a year
Service charge a year, from the keysThe area median, AED 20 per sq ft from 5 buildings, as of 2023, for the smallest home (4,700 sq ft)
AED 94,000
Rent contracts counted
362
Rented between
Apr 1, 2025 and Mar 31, 2026
3-bed apartment
AED 320,000 a year
4-bed apartment
AED 750,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 320,000 ÷ AED 888,000 = 36%. 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
Al Sufouh Tram Stop4.4 km, 18 min driveTram stop
Aquaventure Beach1.8 km, 11 min driveBeach
The Palm Jumeirah waterfront3.1 km, 13 min driveWaterfront
Dubai College4.5 km, 20 min driveSchool
GEMS Wellington International School5.4 km, 25 min driveIB school
Omniyat's ELA Residences Dorchester Collection has 63 homes on Palm Jumeirah's Eastern Crescent, with 3- and 4-bedroom apartments, duplexes and penthouses and a listed handover of January 2028. The listing gives a from price of AED 888,000 for homes of 4,700 sq ft and up, so confirm the current price with Omniyat first.
Start with the price. The listing gives AED 888,000 as the from price, but the smallest home is listed at 4,700 sq ft, and the developer's description puts the smallest at about 5,200 sq ft. Ask Omniyat for the current price and the exact size of the unit you want.
The plan is 5% on booking, 55% during construction and 40% at handover. At the listed from price that would be AED 44,400 on booking, AED 488,400 during the build and AED 355,200 at handover. Separately, the 4% Land Department fee would come to AED 35,520; ask when it is due. Redo these sums with the confirmed price. The listed handover is January 2028, about 14 months from now.
The building pairs a Dorchester Collection beach resort with the homes. Omniyat lists 3- and 4-bedroom simplexes and duplexes plus three super penthouses, with sizes up to 42,900 sq ft. Zaha Hadid Architects designed it and Vladimir Djurovic Landscape Architecture the grounds. Buyers pick one of three interior designers: Studio Carter, Elysian Design or YODEZEEN. Each home has a private pool, a raised sun deck, large terraces and Juliet balconies, and some add an outdoor jacuzzi. The listing has no floor plans, so ask for them.
Aquaventure Beach is about 1.8 km away, an 11-minute drive. Dubai College is about 4.5 km away, a 20-minute drive. The nearest station, Al Sufouh Tram Stop, is about 18 minutes by car. The homes are freehold.
Median price of 3-bed apartments in Palm Jumeirah, over the 12 months to each dateUp 27% from Dec 2024 to Sep 2026.
Dec 2024AED 5,165 per sq ft
Sep 2026AED 6,544 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 6,544 per sq ft
117 sales
Jun 2026
AED 6,297 per sq ft
141 sales
Mar 2026
AED 5,952 per sq ft
139 sales
Dec 2025
AED 5,164 per sq ft
118 sales
Sep 2025
AED 5,000 per sq ft
105 sales
Jun 2025
AED 4,877 per sq ft
83 sales
Mar 2025
AED 4,916 per sq ft
81 sales
Dec 2024
AED 5,165 per sq ft
85 sales
Off-plan sales only.
Questions about this project
Is AED 888,000 the real starting price?
It is the listed from price, for homes of 4,700 sq ft or more. Confirm the current price with Omniyat before you plan any payments.
Can foreigners buy here?
Yes. ELA Residences is in a freehold area, so foreign buyers can own outright.
How is the payment split?
5% on booking, 55% during construction and 40% at handover. Separately, the 4% Land Department fee is 4% of the price; ask when it is due.
How big are the homes?
The listing gives 4,700 to 42,900 sq ft, while the developer's description starts at about 5,200 sq ft. Ask for the floor plan and exact size of your unit.
Who designed the building?
Zaha Hadid Architects, with landscaping by Vladimir Djurovic Landscape Architecture. For interiors you choose between Studio Carter, Elysian Design and YODEZEEN.
When is handover?
The listed handover is January 2028, about 14 months away. Ask Omniyat for a construction update.
