Apartment for Sale in Palm Jumeirah by Omniyat

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Off Plan

ELA Residences

developer logoOmniyat
Apartment
0% Completed

About Property

Welcome to ELA by Dorchester Collection

Discover the epitome of luxury living at ELA, located in the prestigious Palm Jumeirah. Offering a total of 63 units, spread across four exclusive buildings, ELA ensures a sense of privacy and exclusivity for its residents. Each unit features soaring double-volume ceilings, reaching heights of up to 8 meters, creating an atmosphere of grandeur and spaciousness. For other units, generous ceiling heights of 3.3 meters provide an airy and comfortable ambiance throughout.

At ELA, we prioritize wellness living and sustainability, holding a LEED Gold certification to promote clean air, minimize pollution, and foster an oxygen-rich environment. Residents can indulge in a branded destination for wellness at our designer spa, designed to elevate their lifestyle and provide a haven for relaxation and rejuvenation.

Architectural visionary Zaha Hadid has left her mark on ELA, infusing the property with distinctive and captivating features. The external facade boasts gracefully curved architectural elements, a refined stone travertine finish, and elegant bronze accents, creating a timeless and sophisticated allure.

Experience Unrivalled Amenities

  • Concierge Service
  • Pets Allowed
  • Private Beach Access

Prices at ELA by Dorchester Collection start from 43,660,000 AED and range up to 71,860,000 AED, offering unparalleled luxury and comfort in the heart of Palm Jumeirah. Experience the pinnacle of residential living at ELA.

Is This Home Your Lifestyle Match?

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Amenities

Concierge Service
Concierge Service
Pets Allowed
Pets Allowed

Location

Expected ROI

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Layouts and Prices

Payment Plans

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Finishing examples

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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From$11,788,200.00
Book At$589,410.00