Elire Managed by LUX

Key facts

Handover

Q4 2028

Status

Under construction

Construction progress

7%

Property types

Apartments, Duplex

Availability

Available

How Elire Managed by LUX compares

Entry here is AED 2.6M, against a median of AED 2.7M across the 42 priced projects in Business Bay, which puts it above 19 of them and below 22. The plan opens at 10% down, against a Dubai median of 20%, so it asks 10% less up front than the typical plan. Handover lands in Q4 2028, alongside 121 other projects completing in the same quarter. Qube Development has 3 projects in our catalogue.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Gym
• Yoga & Reformer Pilates Studio
• Padel Court
• Semi-Basketball Court
• Rooftop Infinity Pool
• Pool Bar
• Indoor & Outdoor Kids' Area
• Kids' Pool
• Turkish Hammam
• Spa
• Beauty Salon & Treatment Rooms
• Teenage Zone
• Indoor & Outdoor Dining Areas
• Meeting Rooms
• Sauna
• Landscaped Seating Areas & BBQ Lounge

Location

Elire Managed by LUX sits in Business Bay.

Master plan

The developer’s own site plan for Elire Managed by LUX, showing how the buildings, roads and open space sit together.

What you pay, and when

The payment plan published for it runs 10% on booking, 50% during construction, 10% at handover and 30% after handover. At the AED 2,613,375 entry price, that is AED 261,000 to reserve a unit, AED 1,307,000 across the build, and AED 261,000 due on completion.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top: about AED 105,000 at this entry price. The 10% booking payment sits in a RERA-supervised escrow account rather than with Qube Development, held under Dubai's Law 8 of 2007 and drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 611 square feet at AED 2,613,375, which works out at AED 4,277 per square foot. Stated sizes run from 611 to 5,398 square feet.

Handover and construction

The published handover date is Q4 2028. Construction was last recorded at 7% complete.

Ownership and residency

The entry price sits at or above the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, so the cheapest unit in the development qualifies on its own.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation. On the 611 square foot entry unit that is about AED 9,000 to AED 13,000 a year.

Who it suits

The development is Apartments and Duplex in 1 to 4 bedroom layouts. 1 bedroom units start at AED 2,613,375 and 4 bedroom units at AED 22,008,031, so one building covers a first rental purchase and a family home.

What is on site

Among the shared facilities recorded for Elire Managed by LUX are gym, yoga & reformer pilates studio, padel court, semi-basketball court, rooftop infinity pool, pool bar, indoor & outdoor kids' area and kids' pool. 8 further facilities are listed in the full spec. The development is 34 units in total. 23 floor plans are published for it.

Frequently asked