Project Overview
Starting Price
AED 44,000,000
Handover
Q2 2027
Status
Under Construction
Emirate
Dubai
Community
ELA Residences
Location
Dubai, Palm Jumeirah, ELA Residences
Developer
Omniyat
Bedrooms
3, 4 BR
Currency
AED
About the Project
Ela By Omniyat
Ela By Omniyat is a under-construction apartment and duplex development by Omniyat in ELA Residences, Dubai. Priced from AED 44,000,000, the project offers 3 and 4-bedroom homes. Residents of Ela By Omniyat enjoy access to Landscaped Gardens, Restaurants, Community Park, Indoor Swimming Pool, Gymnasium, among other community facilities that support a well-rounded modern lifestyle. The development offers a 5/55/40 Payment Plan payment structure and an expected completion of Q2 2027, giving buyers a clear investment horizon and manageable commitment across the construction period. Dubai's property market continues to attract significant global investment, driven by tax-free ownership, high net rental yields, and strong population growth. Off-plan projects in Dubai have consistently delivered capital appreciation from launch to handover, making them a preferred vehicle for both regional and international investors. Buying off-plan in the UAE gives investors access to launch pricing that is typically 10–20% below the anticipated completed value, with developers offering staged payment schedules tied to construction milestones rather than requiring full payment upfront. This structure reduces the capital required at entry and spreads financial commitment across the construction period — usually 24 to 48 months — while the investor benefits from any capital appreciation during that window. UAE off-plan properties are exempt from capital gains tax, and rental income carries no income tax, making the net return profile compelling by international standards. To receive current availability, detailed floor plans, payment plan breakdown and an independent market assessment for Ela By Omniyat by Omniyat, speak to a Baypoint advisor. Our team can arrange a no-obligation consultation, connect you with UAE mortgage pre-approval if required, and guide you through the reservation and DLD registration process.
Buying Off-Plan with Baypoint
Pre-launch access · escrow review · handover support
Baypoint maintains a direct advisory relationship with Omniyat and can confirm unit availability, current floor plan pricing, and payment plan structure for Ela By Omniyat faster than public portals reflect real-time inventory. Our advisors verify RERA escrow registration for every project before making a recommendation — confirming that buyer funds are held in a government-supervised account and released only at independently certified construction milestones. At handover, Baypoint coordinates the snagging inspection, flags any defects within the developer’s liability period, and connects investors with vetted property managers for immediate tenant sourcing and rent collection. For international buyers, Baypoint handles remote purchase documentation, Power of Attorney arrangements where required, and escrow payment management — making the full process manageable from any location. There is no fee to buyers: Baypoint is compensated directly by the developer.
Unit Types & Configurations
Click any unit type to enquire about pricing & floor plans
Amenities & Features
Landscaped Gardens
Restaurants
Community Park
Indoor Swimming Pool
Gymnasium
Barbecue Area
Children's Play Area
Payment Plan
5/55/40 Payment Plan
5%
On Booking
55%
During Construction
40%
On Handover
* Payment plan is indicative. Final schedule confirmed upon booking.
Project Gallery
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Starting From
AED 44,000,000
Register Interest
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