ELA Residences Palm Jumeirah Dubai

ELA Residences is Omniyat's Dorchester Collection building on the East Crescent of Palm Jumeirah — 209 homes, three and four bedrooms as simplexes and duplexes, plus three super penthouses. The smallest home is about 4,700 sq ft and the starting price on Metropolitan and Property Finder is AED 44 million (about Rs 113.30 crore). The plan is 25% on booking, 35% through construction and 40% at handover, which is on record for Q1 2028.

Two facts decide whether this page is about a home or an investment. The building is designed by Zaha Hadid Architects, planted by Vladimir Djurovic, serviced by Dorchester Collection and sits behind 250 metres of private beach, with a pool in every residence. And the rate works out at roughly AED 8,460 to 9,360 per sq ft, when Palm Jumeirah as a whole averaged about AED 3,100 per sq ft in the first quarter of 2026. Everything below is the arithmetic of that gap, with the sources named.

At a glance

Price and unit pricing

Omniyat does not publish a public price list for ELA, so the figures below are the ones the agency and portal project pages print. Metropolitan and Property Finder both start the building at AED 44 million; one project page prints AED 43 million. That is a 2% gap and only the developer's own price list settles it, so ask for it with the unit number on it.

So the entry rate is 1.7 to 2.5 times what branded Crescent stock was quoted at in August 2026. The comparison that flatters ELA is the ultra-prime end of the same island: a Palm home reported sold at USD 3,057 per sq ft is about AED 11,225 per sq ft, and against that ELA looks priced rather than over-priced. The community average is where a future buyer's valuer will start. Both are true.

Payment plan and total cost

25% on booking, 35% in instalments through construction, 40% at handover. There is no post-handover tail here, so the last 40% — about AED 17.6 million on the entry unit — has to be ready when the building completes. Worked on AED 44 million:

Add the DLD registration (Oqood) and trustee fees, which are a few thousand dirhams and not quoted for this project, and then the running cost. No source publishes ELA's service charge. Branded and hotel-managed Palm buildings are quoted at AED 25 to 50 per sq ft a year, against AED 15 to 25 for ordinary Palm apartment towers, so a 5,200 sq ft home should be budgeted at AED 130,000 to 260,000 a year — about Rs 33.5-67 lakh. Get the budgeted rate in dirhams per sq ft in writing: on a home this size a AED 10 difference is AED 52,000 a year.

Location and connectivity

The East Crescent is the outer arc of the island, the stretch the Palm's hotels occupy: Atlantis The Palm and the Crescent hotel strip are the neighbours, and the sea is on the building's own side. ELA's 250 metres of private beach is the practical point of the address — beachfront on the Crescent is a fixed quantity and no more of it is being made.

Drive times are the Palm's usual ones: Nakheel Mall and the Palm Monorail about 10 minutes, Dubai Marina and JBR about 15, Mall of the Emirates about 20, Downtown Dubai and DIFC about 30, and Dubai International Airport (DXB) about 35 to 40. There is no Dubai Metro station on the island; the monorail connects to the tram at Palm Gateway, and residents here drive or are driven.

The Crescent is still filling with hotel and branded-residence projects, so expect construction traffic on Crescent Road for some years yet. Ask which plots either side of ELA are still open.

Amenities and specifications

The private pool in each residence is the headline, and it is unusual even on the Palm. Beyond that the quoted list is the 250 metres of beach, elevated sun-lounging platforms, a gym, and spa and sauna rooms inside the penthouses. Dorchester Collection runs the service, which is what separates a building like this from an unbranded one and also what puts the service charge in the AED 25 to 50 per sq ft band.

Interiors are a choice rather than a standard: buyers pick a package from Elysian Design, YODEZEEN or Studio Carter. Kitchen and appliance brands are not listed by the sources we checked, so ask for the finishes schedule as an SPA annexure — at this price that schedule is the specification.

About the developer

Omniyat was founded in 2005 and works only at the top of the market: Opus in Business Bay, One at Palm Jumeirah, Orla and Lana, Dorchester Collection. Since 2012 its portfolio has grown to 12 named projects, three delivered and nine under construction, with about 36 registered projects counting subsidiaries. In November 2025 it described a USD 11.7 billion portfolio as fully funded, and it took roughly 23% of Dubai's USD 10 million-plus home sales from 2021 to 2025.

The honest caveat is dates. A developer-data site counts two on-time completions and two late ones for Omniyat, with the late pair averaging 258 days. That is not a troubled record for ultra-prime construction, but it is a reason to read the SPA's completion clause and its compensation terms rather than the awards page. Omniyat has delivered on this island before — One at Palm Jumeirah completed in June 2021 and is Dorchester-managed too.

For Indian buyers

Palm Jumeirah is a designated freehold area. Any nationality can own here in their own name, with no residency requirement and no local partner, and the DLD issues the title deed. At AED 44 million the purchase clears the AED 2 million Golden Visa property threshold many times over, so the ten-year visa for you and your family comes with it.

The funding question is the one that actually decides this purchase, and it needs a straight answer. The Liberalised Remittance Scheme allows USD 250,000 per person per financial year. AED 44 million is about USD 11.98 million — roughly 48 person-years of allowance, or about 24 years for a couple remitting USD 500,000 between them. A resident Indian family cannot assemble this price out of LRS remittances in any sensible timeframe. Buyers at this level are non-residents paying from capital already held abroad, residents whose funds are lawfully held outside India, or buyers using a UAE mortgage serviced from offshore income. Take FEMA and tax advice before the booking, not after.

On the running side: the UAE levies no annual property tax and a residential sale does not attract VAT, so the recurring cost is the service charge, not tax. If you let the home, the rent is taxable in India if you are an Indian tax resident, with credit available under the India-UAE treaty, and the service charge is the number that turns a headline yield into a real one. Resale is the last honest point — the bid pool for a AED 44 million-plus home is measured in individuals, not in a market, so plan to hold. You can see how this compares with the rest of the island and the city on our list of all Dubai projects we track, and in every project on Realty Hunting.

Pros and cons

• A Dorchester Collection building with 250 metres of its own Crescent beach — a short list of addresses on the island can say that
• The smallest home is 4,700 sq ft, and every residence has a private pool
• Zaha Hadid Architects, with a choice of three interior studios instead of one standard fit-out
• Omniyat has delivered at this level on this island before, in June 2021
• One purchase clears the AED 2 million Golden Visa threshold with room to spare
• The Palm's average rate rose about 14% in the year to Q1 2026

• About AED 8,460 to 9,360 per sq ft is 1.7 to 2.5 times the AED 3,800 to 5,500 quoted for branded Crescent stock
• Handover is Q1 2028 and no source publishes a progress figure; Omniyat has two late completions on record, averaging 258 days
• 40% falls due at handover — about AED 17.6 million — with no post-handover tail
• Service charge likely AED 130,000 to 260,000 a year on a 5,200 sq ft home
• Gross yield about 4.5% at best, below the 5.5% to 6.8% quoted for Palm apartments
• The DLD project number and escrow bank are not printed by any source we checked
• Resale depends on a handful of buyers, so exit takes time

Who this is for, and who should look elsewhere

This is for a buyer who wants a serviced beachfront home on the Palm, will use it, and is paying from capital already offshore. It suits a family that wants Dorchester Collection running the building for the months they are away, and a Golden Visa buyer who would rather make one purchase than three. It also suits someone collecting a scarce address and willing to hold it through a slow resale.

Look elsewhere if you are buying for rent: the yield here is below the island's own numbers and the service charge is above them. Look elsewhere if you need the home before 2028, or if the 40% handover payment is not already funded. And if the purchase depends on annual remittances from India, this is the wrong price point — not a reason to be creative, just a reason to buy something smaller.

Our verdict

ELA earns its premium on scarcity and service, not on numbers. A Zaha Hadid building with 209 homes, a private pool in each, 250 metres of Crescent beach and Dorchester Collection running it is genuinely hard to replace, and Omniyat has proved on One at Palm Jumeirah that it can finish this kind of building.

The price is two to three times the community average and in line with the island's ultra-prime sales, so the buyer, not the market, sets the value. Treat it as a home first, fix the SPA date, the project number, the escrow account and the budgeted service charge before you pay the 25%, and fund the handover 40% in advance. For the same island at a very different size, see Luna Sky Palace.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of ELA Residences?

Metropolitan and Property Finder both start it at AED 44 million (about Rs 113.30 crore); one project page prints AED 43 million, and Omniyat's own price list settles the 2% gap. Entry homes are 4,700 sq ft as a duplex and 5,200 as a simplex, so roughly AED 8,460 to 9,360 per sq ft.

What is the payment plan?

25% on booking, 35% in instalments through construction and 40% at handover. On the AED 44 million entry unit that is AED 11 million down, AED 15.4 million during construction and AED 17.6 million at handover, plus the 4% DLD transfer fee of AED 1.76 million. There is no post-handover tail on this project.

When is the handover?

Q1 2028 on every source we checked. Sales opened 2 February 2024 and construction began in May 2024. No source publishes a progress percentage, so ask for the SPA completion date and read the DLD progress figure on the Dubai REST app.

How many homes are there, and how big are they?

209 homes, including three super penthouses. Three-bedroom duplexes run 4,700 to 6,300 sq ft, three-bedroom simplexes 5,200 to 6,000, four-bedroom simplexes 6,400 to 8,400 and four-bedroom duplexes 6,600 to 9,000. The penthouses are quoted up to 42,900 sq ft.

Is ELA Residences registered with the Dubai Land Department?

It is sold as a DLD-registered off-plan project with a DLD-approved escrow account, but none of the sources we checked prints the project number or names the bank. Check it on the Dubai REST app and ask for the escrow details before any payment.

What will the service charge be?

ELA's own rate is not published. Branded and hotel-managed buildings on Palm Jumeirah are quoted at AED 25 to 50 per sq ft a year against AED 15 to 25 for ordinary Palm apartment towers, so budget AED 130,000 to 260,000 a year on a 5,200 sq ft home. Ask for the Dorchester Collection service model and the budgeted rate in writing.

What rental yield can I expect?

Less than the community headline. Palm apartments are quoted at 5.5% to 6.83% gross for long lets, and about 4.6% on portal listings, but that is stock priced near AED 3,100 per sq ft. At AED 44 million, even AED 2 million of rent is about 4.5% gross before service charges.

Can a foreign buyer own here, and does it qualify for a Golden Visa?

Yes. Palm Jumeirah is designated freehold, open to every nationality with no residency requirement and no local partner, and the DLD issues the title deed in your own name. At AED 44 million it clears the AED 2 million Golden Visa threshold many times over, so the ten-year visa follows the deed.

What taxes will I pay in the UAE?

The UAE has no annual property tax, and VAT does not apply to a residential sale. The one-off cost is the 4% DLD transfer fee, about AED 1.76 million here, plus registration and trustee fees. The recurring cost is the service charge.

How can an Indian buyer fund a AED 44 million home?

Not out of the Liberalised Remittance Scheme. The LRS allows USD 250,000 per person per financial year; AED 44 million is about USD 11.98 million, roughly 48 person-years of allowance. Buyers here pay from funds already held abroad, from non-resident income, or with a UAE mortgage. Take FEMA and tax advice first.

For the current price list by unit number, the SPA completion date and a site-visit plan on the Crescent, talk to Realty Hunting.

Compare with other Dubai projects

Also in Palm Jumeirah: Ava Residences (from AED 45 M, handover 2026), Omniyat One Palm (from AED 16,233,000, ready), Ellington Ocean House (from AED 9.8 M, handover 2027) and Luce Apartments (from AED 7 M, off-plan). See every Palm Jumeirah project with prices and handover dates.

More by Omniyat: Omniyat Opus (from AED 3 M, ready), Anwa Aria (from AED 1.5 M, handover 2026) and Anwa Residences By Omniyat (from AED 800,000, ready).

A similar budget elsewhere in Dubai: Jumeirah Asora Bay (from AED 45 M, handover 2027).

Read next: Property for Sale on Palm Jumeirah: Prices and Returns · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Dubai Golden Visa Through Property. Every Dubai project we track is listed on the Dubai section.