13 New & Off-Plan Projects in Elo
Project Listings
Bayn Lagoon Phase 2
Launch price:
Price on Request
Elora The Valley
Launch price:
AED 1,855,472
Avelon Boulevard
Launch price:
AED 600,000
Velora By Emaar
Launch price:
AED 2,480,000
Velora Phase 2 By Emaar
Launch price:
AED 2,930,000
Havelock Residences
Launch price:
AED 625,000
ELO
Launch price:
AED 547,000
ELO 3
Launch price:
AED 1,311,000
Velos Residence
Launch price:
AED 805,777
ELO 2
Launch price:
AED 577,000
Selora Residences
Launch price:
AED 12,504,000
Havelock Heights
Launch price:
AED 680,000
Aquora
Launch price:
AED 1,938,222
What Are Off-Plan Properties?
Off-plan properties are real estate developments purchased directly from the developer before construction is completed. In the UAE, this investment model has become one of the most popular ways to enter the property market, offering buyers the opportunity to secure units at pre-launch or early-stage prices that are typically 10-30% below the market value of completed properties.
The UAE's off-plan market is regulated by the Real Estate Regulatory Agency (RERA) in Dubai and equivalent bodies in other emirates. Developers are required to register projects with RERA and maintain escrow accounts, providing buyers with a layer of financial protection. This regulatory framework has made the UAE one of the most transparent off-plan markets in the region.
Benefits of Buying Off-Plan in the UAE
Lower Entry Prices
Off-plan units are priced below completed properties, allowing buyers to enter premium locations at accessible price points.
Flexible Payment Plans
Developers offer structured payment plans — typically 10-20% down payment with installments spread across the construction period.
Capital Appreciation
Properties often appreciate in value during the construction phase, providing potential returns before handover.
First Choice of Units
Early buyers can select preferred floor plans, views, and unit positions within the development.
How Payment Plans Work
Off-plan payment plans in the UAE are designed to make property ownership accessible. A typical structure involves a down payment of 10-20% at the time of booking, followed by construction-linked installments of 40-50%, and a final payment of 30-40% upon handover. Some developers offer post-handover payment plans that extend 2-5 years after completion, further reducing the upfront financial commitment.
Popular Areas for Off-Plan Investment
Dubai remains the epicenter of off-plan activity in the UAE. Key areas include Dubai Marina for waterfront living, Downtown Dubai for luxury high-rises near the Burj Khalifa, Business Bay for urban professionals, Jumeirah Village Circle (JVC) for affordable family homes, and Dubai Hills Estate for premium villa communities.