Elire in Business Bay: Apartments and Duplexes from AED 2.5M to AED 23M
QUBE Development began construction on Elire in April 2025. The project targets handover in December 2028, giving off-plan buyers just over two years until completion from today.
A Range That Spans Two Very Different Buyers
Elire's pricing starts at AED 2,499,998 for a one-bedroom apartment and reaches AED 23,000,000 for a four-bedroom duplex. That is a nearly tenfold spread, and it reflects a building that serves two distinct buyer profiles rather than a single target market.
At the entry end, one-bedrooms run across 14 layout variations from 611 to 1,076 square feet, all starting at AED 2.5M. This is the investor tier: a Business Bay address, a manageable capital outlay, and a central location.
Two-bedrooms start at AED 4,700,000 and cover 1,446 to 1,564 square feet. These suit owner-occupiers who want meaningful living space in a central location, or investors targeting the larger-unit rental segment.
Three-bedroom apartments open at AED 8,500,000 across layouts from 2,435 to 2,621 square feet, all with maid rooms. At the top sit the duplexes. Three-bedroom duplexes start at AED 15,000,000 at 3,804 square feet. Four-bedroom duplexes with maid rooms start at AED 23,000,000 and run between 5,361 and 5,397 square feet. A duplex at that scale in Business Bay is aimed at buyers who want villa-scale living in a high-rise format, with the canal district address and building services that come with it.
Business Bay in Practice
Business Bay is central Dubai. The Dubai Mall and Burj Khalifa are a short drive north. The Metro's Red Line serves the district, and Sheikh Zayed Road runs along the western edge, connecting quickly to most parts of the city.
The Dubai Canal passes through the area, giving parts of the district a waterfront dimension. For a buyer comparing locations, Business Bay puts you close to Downtown with quick access north and south along one of Dubai's main arterials.
Unit Summary
| Type | Bedrooms | Area | Starting Price |
|---|---|---|---|
| Apartment | 1BR | 611 – 1,076 sq ft | AED 2,499,998 |
| Apartment | 2BR | 1,446 – 1,564 sq ft | AED 4,700,000 |
| Apartment | 3BR | 2,435 – 2,621 sq ft | AED 8,500,000 |
| Duplex | 3BR | 3,804 sq ft | AED 15,000,000 |
| Duplex | 4BR | 5,361 – 5,397 sq ft | AED 23,000,000 |
The size range among one-bedrooms is wide. At the same entry price, layouts vary from 611 to 1,076 square feet, which is a meaningful difference for anyone buying to occupy rather than rent.
Amenities: Functional and Year-Round Usable
| Category | Amenities |
|---|---|
| Fitness | Gymnasium, Indoor Swimming Pool |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Dining | Restaurants |
| Security | CCTV Security |
The indoor swimming pool is a practical differentiator. Most residential buildings in this segment offer outdoor pools, which go largely unused during Dubai's summer months. An indoor facility is accessible year-round, which matters both for residents and as a point of difference for rental listings.
On-site restaurants are uncommon in residential towers at this scale. Their presence, alongside landscaped gardens and a children's play area, suggests the project is built for families and long-stay residents as much as for yield-focused investors.
How the Payment Is Structured
| Phase | Share |
|---|---|
| During construction | 60% |
| Handover | 40% |
Sixty percent of the purchase price falls across the construction period, with 40% payable at handover in December 2028. This is a front-loaded schedule. Most of the financial exposure comes before possession. For buyers using a mortgage, drawdowns track construction milestones from now through late 2028. For cash buyers, capital deploys steadily over the build period rather than in one large payment at the end.