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Dubai · The Crescent

Ela By Omniyat by Omniyat Group

At a glance

Specifications

Address

Dubai,Palm Jumeirah,The Crescent,ELA Residences

Price range

AED 43,300,000–55,000,000

Completion

Mar 2028

Payment plan

25% / 35% / 40%

Property type

Apartment / Duplex

About this project

ELA by Omniyat: Ultra-Prime on Palm Crescent from AED 43.3M

ELA Residences occupies The Crescent of Palm Jumeirah, the outer arc that wraps around the far edge of the island. Omniyat Group is the developer. The project delivers 3- and 4-bedroom apartments and duplexes in large-format floor plans, all priced at the top end of Dubai's residential market.

The Crescent: What the Address Means in Practice

The Crescent is the outer arc of Palm Jumeirah, physically separate from the trunk and fronds where most of the island's residential development concentrates. It runs along the far edge with open sea on one side and the enclosed lagoon on the other. That dual-water exposure defines what living here looks and feels like.

Getting on and off Palm requires the tunnel or the Palm Monorail. A daily commute from The Crescent to Downtown Dubai or Business Bay runs 30 to 40 minutes depending on traffic. The access is functional for regular use, though every trip in or out crosses the same single route.

What AED 43.3M to AED 55M Gets You Here

The range covers three unit configurations. A 3-bedroom duplex at 4,703 sq ft starts at AED 43.3M, roughly AED 9,200 per sq ft. A 4-bedroom apartment at 6,404 sq ft starts at AED 48.7M, around AED 7,600 per sq ft. The 4-bedroom duplex at 6,598 sq ft is priced at AED 55M, about AED 8,335 per sq ft.

The per-square-foot rate is highest on the 3-bedroom entry unit. The 4-bedroom tiers price lower per square foot precisely because they carry more total area. A buyer who needs maximum space pays a lower per-foot rate at AED 48.7M than at AED 43.3M, despite the higher headline number. The spread from AED 43.3M to AED 55M is tight for a three-configuration range, which reflects how focused the unit mix is.

Apartments and Duplexes: Two Formats, Three Configurations

All units at ELA start at 4,703 sq ft. There are no compact options. The project suits primary-residence buyers who need full-scale space at Palm Crescent. It does not serve investors targeting smaller, high-turnover units.

The apartment format delivers a single-floor living plan. The duplex separates living and sleeping areas across two levels, which suits families who want physical separation within the home. Both formats come in 3- and 4-bedroom layouts, giving buyers a choice of scale before choosing configuration.

Amenities

Category Amenities
Outdoor Landscaped Gardens, Community Park, Barbecue Area
Fitness Indoor Swimming Pool, Gymnasium
Dining Restaurants
Family Children's Play Area

Seven amenities cover the practical baseline for full-time residents. An indoor pool and gymnasium handle daily fitness without leaving the building. On-site restaurants reduce the need to drive off The Crescent for everyday meals, which matters given the single-route access. The community park and children's play area point toward a project targeting families and couples rather than solo occupants or short-stay users.

March 2028: Under Two Years to Handover

Construction at ELA started in May 2024. The expected completion is March 2028, roughly 19 months from now.

Ground broke over two years ago. The project is well past the speculative pre-launch stage. For an off-plan buyer entering mid-2026, the remaining construction window is under two years. That compresses the installment period and reduces exposure time on the build schedule. This is a project actively under construction, not one that exists only as renderings and a timeline.

Getting In for 25%: The Payment Structure

Milestone Share
Down payment 25%
During construction 35%
Handover 40%

On the entry unit at AED 43.3M, the 25% down payment is AED 10.825M. The construction tranche of 35% runs across the remaining 19 months to March 2028. The 40% at handover is AED 17.32M on that same unit, and AED 22M on the top-tier AED 55M duplex.

The 25% entry opens the position. The 35% construction phase spreads across a relatively short remaining window. The concentration of 40% at delivery is the number that defines the liquidity requirement at handover. That capital needs to be ready when the keys arrive.

Payment plan

Pay as construction progresses

  1. Step 0125%
    Down payment25% paid
  2. Step 0235%
    During construction60% paid
  3. Step 0340%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. May 2024

    Construction started
  2. Today · 24 August 2026
  3. Mar 2028

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Palm Jumeirah,The Crescent,ELA Residences

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FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Ela By Omniyat?

The starting price for apartments in Ela By Omniyat is AED 43,300,000, offering luxurious living in Palm Jumeirah, Dubai. This exclusive development features high-end properties that can go up to AED 55,000,000, catering to affluent buyers looking for premium real estate.

Q02

What types of properties and prices are available in Ela By Omniyat?

Ela By Omniyat offers a range of properties including apartments and duplex units. Prices for these luxurious residences range from AED 43,300,000 to AED 55,000,000, making them an attractive option for high-end buyers in Palm Jumeirah.

Q03

What is the payment plan for Ela By Omniyat in Palm Jumeirah?

The payment plan for Ela By Omniyat includes a 25% down payment, followed by 35% during construction and the remaining 40% upon handover. This payment structure allows buyers to manage their investment in Dubai's premium real estate market effectively.

Q04

When will Ela By Omniyat be ready for occupancy?

Ela By Omniyat is expected to be ready for occupancy by March 1, 2028. Construction is set to commence on May 14, 2024, ensuring that buyers can look forward to moving into their luxurious homes in Palm Jumeirah soon.

Q05

Where is Ela By Omniyat located?

Ela By Omniyat is located at The Crescent, Palm Jumeirah, Dubai. This prime location offers residents stunning views and easy access to the vibrant lifestyle and amenities that Palm Jumeirah is known for.

Q06

Who is developing Ela By Omniyat?

Ela By Omniyat is developed by the esteemed Omniyat Group, known for their commitment to luxury and quality in the Dubai real estate market. Their projects often feature innovative designs and premium amenities.

Q07

What amenities are available at Ela By Omniyat?

Ela By Omniyat offers a range of premium amenities including landscaped gardens, an indoor swimming pool, a modern gymnasium, community parks, restaurants, a barbecue area, and a children's play area. These amenities contribute to a luxurious lifestyle for residents.

Q08

What types of properties are available in Ela By Omniyat?

In Ela By Omniyat, buyers can choose between upscale apartments and luxurious duplex units. This variety caters to different lifestyles and preferences in the sought-after Palm Jumeirah area.

Q09

Is Ela By Omniyat a good investment?

Investing in Ela By Omniyat presents a significant opportunity due to its prime location in Palm Jumeirah, potential for capital appreciation, and luxurious lifestyle offerings. The high-end amenities and the developer's reputation further enhance its attractiveness for investors.

Q10

How can I book a property in Ela By Omniyat?

To book a property in Ela By Omniyat, you can contact the sales team directly or visit their official website for more information. They will guide you through the booking process and provide details on available units.

Ready when you are

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