Elire
by Qube Development

Simplex apartments and duplexes with one to four bedrooms

AED 2,56 mln Starting price
60/40 or 45/55 Payment Plan
Q4 2028 Handover
Elireby Qube Development

Buy Branded Apartments in Elire by Qube Development, Business Bay, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 2,561,000
Location Business Bay
Developer Qube Development
Handover Q4 2028
Living Area 612 sq. ft.
Payment Plan 60/40 or 45/55
Bedrooms 1-4 BR
Total amount of units 100
ROI 5,5%

Elire is a boutique branded development of 100 residences managed by LUX*, pairing simplex apartments and duplexes with resort-style pools, spa rooms, a private cinema and hotel service.

Among apartments for sale in Business Bay, Dubai, Elire keeps an unusually small footprint: one tower, 100 residences, and a hospitality operator attached to every floor. Qube Development shaped the massing around the geometry and environmental intelligence of the Al Barajeel wind tower, reading shadow, proportion and materiality as local identity rather than adding another glass slab. The compact, inward-facing volume lets daylight reach deep into the plans while the shared terraces stay sheltered. Simplex apartments run from one to three bedrooms; duplexes come with three or four. Current inventory starts at 611 sq ft for a one-bedroom apartment, priced from AED 2,561,000, and the tower's live asking average sits at AED 4,389 per sq ft. Open plans, private balconies, marble, wood and smart-home controls run through the interiors, with outlooks split between the Dubai skyline and the canal. Podium retail, a supermarket and free underground parking sit below the residential floors.

Elire
About Elire by Qube Development

Overview Elire by Qube Development

Buy an apartment in Elire and you join just 100 branded residences — simplexes and duplexes under LUX* management, on the Downtown edge of Business Bay, with wellness and social floors run to hotel standards.

5.5%

Average ROI

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Community

Business Bay runs along the Dubai Water Canal, with apartment towers, offices and hotels shaping its urban character. Local commentators call it the Manhattan of the Middle East, a reference to its professional rhythm. Corporate executives, technology professionals and financial analysts choose the district for shorter commutes. Couples and expatriates value the concentration of services. Waterfront promenades, parks and the canal embankment offer outdoor space, while nurseries, clinics and everyday shops make the area increasingly practical for families.

Schools sit outside the district boundaries, so families drive or use school buses to Jumeirah English Speaking School Al Safa, Hartland International School and Safa British School. Blossom Nursery and Learning Tree Nursery are closer. Clinics and specialist centres operate within Business Bay, while Mediclinic City Hospital in Dubai Healthcare City is 9 minutes away by car. Bay Avenue Mall anchors local shopping, supported by Choithrams, Spinneys and Carrefour Market. Dubai Mall is 1 min away by car, and Dubai International Airport is 10 minutes away.

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Interior

Authenticity guides the interior language, as project director Hala Adra has described it — the wind-tower logic of shadow and proportion carried indoors. Plans open outward to private balconies, and the inward-facing massing pulls daylight far into each living space instead of trapping it at the glass line. Tones stay warm and material-led, so the skyline and canal outlooks supply the strongest colour in the room. Evening light is managed rather than flattened, which suits residences meant for entertaining and for quiet weekday use alike.

Marble, wood and designer detailing define the kitchens, bathrooms and living areas to the standard expected of a LUX*-managed address. Smart-home systems come as standard, controlling lighting, climate and access from one interface. Current two-bedroom apartments start at 1,446 sq ft, while three-bedroom apartments start at 2,436 sq ft. These larger plans accommodate full-width living zones, generous bathroom provision and duplex configurations that separate sleeping areas from entertaining space.

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Infrastructure

Daily essentials are available inside the building. The podium includes a supermarket and shops above the free underground parking, so residents can buy groceries without driving. Outside, Business Bay's canal-side promenades bring cafés, restaurants and casual dining together among the towers. Bay Avenue in Executive Towers offers another walkable cluster of coffee shops, bakeries and everyday services. Choithrams, Spinneys, Carrefour Market and West Zone Supermarket provide further options across the district.

Dubai Mall is 1 min away by car, while Dubai Opera is a 3-minute drive and City Walk is also nearby. Aster Clinic at Executive Towers and Emirates Hospitals Clinics at Bay Avenue handle routine healthcare. Mediclinic City Hospital in Dubai Healthcare City is 9 min away. Business Bay Metro Station on the Red Line is 4 minutes from Elire by car. RTA bus routes F19A, F41 and F20, along with tram and water-taxi links, provide other ways to travel.

Overview

Considering Elire as your next Dubai investment?

Amenities of Elire by Qube Development

Elire amenities read like a resort programme, delivered on site and underpinned by LUX* hospitality services for all 100 residences.

Infinity pool and lap pool

Infinity pool and lap pool

Spa rooms and yoga centre

Spa rooms and yoga centre

Children's play zones

Children's play zones

Temperature-controlled pools for adults and children
Jacuzzi, sauna and steam room
Separate men's and women's gym facilities
Private cinema and club room
Yacht club
Tennis court and basketball area
On-site dining options
Podium shops and supermarket
Landscaped gardens with 2,300 green plants
Free underground parking
Gallery

Elire: Luxury 1–4 Bedroom Residences on the Dubai Water Canal

Master PlanElire by Qube Development

Master Plan
Elire by Qube Development

Master Plan

Floor Plans Elire by Qube Development

Property Type
Bedrooms
Area
Starting Price
Apartments
1 Bedroom
from 887 sq. ft.
AED 2,490,000
1 Bedroom Apartments
AED 2,49 mln 887 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

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We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,547 sq. ft.
AED 4,700,000
2 Bedrooms Apartments
AED 4,70 mln 1,547 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
3 Bedrooms
from 2,621 sq. ft.
AED 8,500,000
3 Bedrooms Apartments
AED 8,50 mln 2,621 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

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We will help you get an asset that is growing in value

Duplexes
4 Bedrooms
from 5,391 sq. ft.
AED 23,000,000
4 Bedrooms Duplexes
AED 23,00 mln 5,391 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms4

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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Elire
About Us

Payment Plan Elire
by Qube Development

Elire offers a 60/40 plan for simplexes and a 45/55 plan for duplexes. The duplex schedule allocates 45% during construction and 55% at handover in Q4 2028. Payments extend over 70–75 months, with PDC or non-PDC options and possible bank financing.

0% Comission
Direct Sales

Types of Payment Plan

Payment 45% On construction
Payment 55% On Handover
Payment 60% On construction
Payment 40% On Handover
Learn More

Economic Attractiveness

Liquidity here rests on a scarce address and a hospitality name: roughly 100 residences by Qube Development, operated under LUX* through The Lux Collective.

Get Full Investment Details

2,79 mln

Median price (AED)

4,260

Median price per sqft (AED)

3

Transactions

Source: Data taken from DXB for the last year, overview Elire by Qube Development

ROI 5,5%

Private balconies with skyline and Dubai Water Canal views support the rental appeal, while LUX* hospitality management adds a service level suited to short-stay guests and relocating executives. Elire stands on the Downtown edge of Business Bay, close to Dubai Mall and connected to Sheikh Zayed Road, Al Khail Road and Business Bay Metro Station. Buyers can choose a 60/40 plan for simplexes or a 45/55 plan for duplexes. Payments extend over 70–75 months, and the developer plan may be combined with bank financing. Business Bay's 2026 gross rental yield is estimated at 5.5%.

Current asking prices start at AED 2,561,000 for a one-bedroom apartment and AED 6,067,000 for a two-bedroom apartment. Three-bedroom apartments start at AED 11,201,425, while a four-bedroom duplex starts at AED 22,000,000. Business Bay is a designated freehold district, allowing expatriates and non-residents to hold full title deeds without nationality restrictions.

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For Rent

With no completed apartments, Elire has no rental record of its own, so Business Bay provides the working benchmark. In January 2026, asking rents averaged AED 95,000 a year for an inland-facing one-bedroom apartment. Canal-view or high-floor examples reached AED 115,000–130,000, while two-bedroom apartments overlooking the canal were listed at AED 170,000–220,000. The district's gross rental yield was 5.5% in 2026. Net returns typically sit 1.5 to 2 percentage points lower after Ejari registration, re-letting fees and service charges.

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For Living

Life in a 100-residence tower should feel closer to a small hotel than a mass-market block. LUX* teams provide hospitality service, while the compact design brings daylight into open-plan apartments finished in marble and wood. Smart-home systems come as standard, and every plan has a private balcony. Business Bay adds canal promenades, everyday shopping at Bay Avenue Mall and clinics within the district. Mediclinic City Hospital is 9 minutes away by car.

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For Resale

Owners who hold through the planned Q4 2028 completion can draw on Business Bay's established resale market. District properties have recorded 15% to 30% growth over the last five years, with canal views and premium finishes attracting the strongest premiums. Elire also sits within the newer branded segment that stands apart from older stock. Its limited collection of about 100 LUX*-managed residences may help preserve scarcity when completed inventory reaches the resale market.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials Elire by Qube Development

Project Materials

Developer of Elire

Qube Development is a Dubai-based developer within DHG Investments, known for design-led residential and commercial schemes.

Qube Development has been registered with the Dubai Land Department as Developer No. 1692 since August 2023 and holds Dubai Economic Department licence 1043390. Its debut residential project, Cubix Residences in Jumeirah Village Circle, is completed and handed over. The company's portfolio exceeded two million sq ft of development in 2024. Other projects include the 43-storey Midora Residences in JVC and Arisha Terraces in Dubai Studio City, reflecting its focus on design-led residential communities.

Location Elire by Qube Development

The tower stands at the Downtown Dubai edge of Business Bay, beside the Dubai Water Canal, with Dubai Mall, Dubai Opera and the Dubai Fountain all a short drive from the door.

Sheikh Zayed Road (E11) and Al Khail Road (E44) frame the district, while Al Khaleej Al Tejari Street and Marasi Drive handle local traffic. Dubai Mall is 1 minute away by car, and Dubai Opera is 3 minutes away. City Walk and the canal-side promenades offer further options for evenings out.

Business Bay Metro Station on the Red Line, Zone 6, is 4 minutes away by car. RTA bus routes F19A, F19B, F41, F14 and F20 also serve the district, alongside tram and water-taxi links. Dubai International Airport is 10 min from Elire by car, while the Burj Khalifa/Dubai Mall Metro Station is 3 minutes away.

Sights & Attractions

Dubai Mall

icon 3 min

Burj Khalifa

8 min

Dubai Opera

3 min

Healthcare facilities

Aster Clinic

icon 6 min

Emirates Hospitals Clinics

4 min

Mediclinic City Hospital

9 min

Educational institutions

GEMS Wellington

icon 6 min

Hartland International School

7 min

Jumeirah English Speaking School

8 min

Transportation

Business Bay Metro St.

icon 4 min

Dubai Mall Metro St.

3 min

Dubai International Airport

10 min

FAQ

Below are the questions buyers and tenants ask most often about this address, from prices and payment structures to schools and completion. If something you need is not covered here, our advisers are happy to walk you through the details.

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Is Business Bay a good area to live in?

It suits people who want a central, walkable base rather than a suburban one. The district runs along the Dubai Water Canal and mixes apartment towers, offices and hotels, with waterfront promenades and parks providing the outdoor relief. Bay Avenue Mall in Executive Towers covers everyday retail, Choithrams, Spinneys and Carrefour Market handle groceries, and clinics and specialist centres operate inside the district. Corporate professionals, couples and expatriates dominate the resident mix, drawn by short commutes and dense services; families use nurseries such as Blossom and Learning Tree locally and drive to schools nearby.

How much does an apartment at Elire cost?

Current asking prices in the building start at AED 2,561,000 for a one-bedroom apartment and AED 6,067,000 for a two-bedroom apartment. Three-bedroom apartments are listed from AED 11,201,425, and the largest four-bedroom duplex apartment is offered at AED 22,000,000. Across the fifteen live listings compared on a price-and-size basis, the average works out at AED 4,389 per sq ft. Launch-era marketing quoted a lower indicative figure for one-bedroom simplexes; that was an advertised teaser, not what the market asks today.

When is Elire's handover date?

The announced completion period is Q4 2028. Construction is already under way, with ASGC Construction LLC appointed as main contractor, and the duplex payment structure is written against that same schedule: 45% of the price paid during the build and the remaining 55% on handover. Buyers taking a simplex follow a 60/40 split instead. Because the tower has not yet been delivered, no post-handover instalment offer exists at this stage.

What apartment types and sizes are available?

The building holds roughly 100 residences. Simplex apartments come with one, two or three bedrooms, and the upper tiers add duplex apartments with three or four bedrooms. Published sizes begin at 612 sq ft, and current listings show one-bedroom apartments from 611 sq ft, two-bedroom apartments from 1,446 sq ft, three-bedroom apartments from 2,436 sq ft and a four-bedroom duplex apartment from 5,388 sq ft. Layouts are open, each with a private balcony, and outlooks take in the skyline and the canal.

What amenities does the building offer residents?

Wellness leads the list: infinity and lap pools, temperature-controlled outdoor pools for adults and children, a Jacuzzi, sauna and steam room, spa rooms, a yoga centre and a gymnasium with separate men's and women's facilities. Social space covers a private cinema, club room, dining venues, a yacht club, a tennis court, a basketball area and children's play zones. A podium level carries shops and a supermarket above free underground parking, and more than 2,300 green plants are planted across the development.

Can foreigners buy at Elire, and what fees apply?

Yes. Business Bay is a designated freehold district, so non-UAE nationals and expatriates purchase with full title deed rights and no nationality restrictions. The standard 4% Dubai Land Department transfer fee applies to the purchase, and residential transactions do not carry the 5% VAT charged on commercial deals. Under UAE-wide investor-visa rules, property above AED 750,000 supports a two-year residence visa, while property above AED 2 million qualifies for the ten-year Golden Visa.

Who is developing Elire and what have they built before?

Qube Development, part of DHG Investments, is behind the project and has been registered with the Dubai Land Department since August 2023. Cubix Residences in Jumeirah Village Circle was its first residential scheme and has been completed and handed over. Midora Residences, a 43-storey JVC tower, and Arisha Terraces in Dubai Studio City follow in the pipeline, and the developer states it will have launched six projects across Dubai and Ras Al Khaimah by the end of 2026. Hospitality operation at Elire comes from The Lux Collective under the LUX* brand.

What return can an investor expect from letting an apartment here?

Elire remains under construction, so any rental assessment must use Business Bay comparables rather than a project track record. The district recorded a 5.5% gross rental yield in 2026. One-bedroom asking rents averaged AED 95,000 a year in January, while canal-view or high-floor apartments reached AED 115,000–130,000. District vacancy was below 6% in Q1 2026, indicating a broad occupied base. Owners should still allow for Ejari registration, agency re-letting costs and service charges, which typically reduce net returns by 1.5 to 2 percentage points.
FAQ

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Elire
Amirans Kavtaradze

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Elire

Starting Price AED 2,56 mln

Payment Plan 60/40 or 45/55

Handover Q4 2028