What is the price of Elaya?

Elaya is priced from AED 950,000 in Town Square, Dubai.

What is the payment plan for Elaya?

Elaya offers a 10/40/50 payment plan with handover expected Q3 2026.

What rental yield does Elaya offer?

Projected gross rental yield for Elaya is 6.0 to 8.2% annually.

When is Elaya handover?

Elaya is scheduled for handover in Q3 2026 in Town Square, Dubai.

Can foreigners buy Elaya?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

UAE Real Estate · Dubai

Elaya in Town Square

Launch Price

AED 950,000

Property Type

Apartment

Bedrooms

1 - 3 Beds

Payment Plan

10/40/50

Handover

Q3 2026

Projected Yield

6.0 to 8.2%

Elaya is bringing 1 - 3 beds off-plan apartments to Town Square in Dubai, priced from AED 950,000. A 10% booking payment secures the unit. Construction-phase instalments total 40%, with the remaining 50% due at handover scheduled for Q3 2026. Projected gross returns run in the 6.0 to 8.2% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 63,333. No mortgage or bank approval required.

Phase	%	Amount
On Booking	10%	AED 95,000 Due on signing SPA
During Construction	40%	AED 63,333/mo 6 months
On Handover	50%	AED 475,000 Due at Q3 2026
Total	100%	AED 950,000

Questions about Elaya

What payment plan does Elaya offer?+

Elaya uses a 10/40/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q3 2026.

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 Elaya fits your budget and send you comparable alternatives.

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