Ela By Omniyat in Palm Jumeirah
Ela By Omniyat · Palm Jumeirah, Dubai
Get Directions
Launch Price
AED 44M
Property Type
Mixed-Use
Bedrooms
3 - 4 Beds
Payment Plan
5/55/40
Handover
Q2 2027
Projected Yield
3.6 to 5.8%
Off-plan multiple/other buyers in Palm Jumeirah will find Ela By Omniyat starting at AED 44M. A 5% booking payment secures the unit. Construction-phase instalments total 55%, with the remaining 40% due at handover scheduled for Q2 2027. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 3.6 to 5.8% range. Ela By Omniyat sits in the premium tier. MonthlyDubai can match this project with your monthly capacity alongside comparable alternatives.
Payment Plan Breakdown
From AED 1,613,333/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 5% | AED 2,200,000 Due on signing SPA |
|
| During Construction | 55% | AED 1,613,333/mo 15 monthly instalments |
|
| On Handover | 40% | AED 17,600,000 Due at Q2 2027 |
|
| Total | AED 44,000,000 | ||
On Booking
5%
AED 2,200,000
Due on signing SPA
During Construction
55%
AED 1,613,333/mo
15 monthly instalments
On Handover
40%
AED 17,600,000
Due at Q2 2027
Total
100%
AED 44,000,000
Questions about Ela By Omniyat
What payment plan does Ela By Omniyat offer?
Ela By Omniyat uses a 5/55/40 payment plan. Buyers pay 5% at booking, with the remaining spread across construction and handover in Q2 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Ela By Omniyat fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.