ELAN Tower
Details
Amenities and Facilities
Payment Plan
50/50 Payment Plan
Project Overview
ELAN Tower is an off-plan residential building in Dubailand Residence Complex by Alfulaiti Development, with studios starting from AED 559,000 and handover scheduled for Q1 2029. The tower offers freehold studios, 1-bedroom and 2-bedroom apartments from about 303 to 988 sq ft. Buyers pay on a 50/50 plan, with half the price due on handover. The project has been announced, and buyers can register an expression of interest before bookings open.
About the Project
ELAN Tower sits in Dubailand Residence Complex (DLRC), a growing residential district off Sheikh Mohammed Bin Zayed Road (E311) and Al Ain Road (E66). A community park is about 200 metres away, IMG Worlds of Adventure is about 6 km away and Global Village about 8 km. Meydan, Ras Al Khor and Dubai Hills Estate are all within about 12 km, and Downtown Dubai is roughly 20 minutes by car. The location gives residents quick road access to Dubai Silicon Oasis, Academic City and central Dubai.
About the Properties
ELAN Tower offers studios of about 303 sq ft, 1-bedroom apartments of about 527 sq ft and 2-bedroom apartments of about 988 sq ft. The compact studios and 1-bedrooms suit young professionals and investors, while the 2-bedroom layouts give small families more space at a lower price per sq ft. The rooftop has a pool and shared jacuzzi, and residents also get a sauna, gym, yoga area, kids' play area, BBQ area and landscaped sitting areas.
Location
- North Park (DLRC)- 0.2km
- IMG Worlds of Adventure- 6.1km
- Global Village- 7.8km
- The Track, Meydan Golf- 10km
- Ras Al Khor Wildlife Sanctuary- 11.7km
- Dubai Hills Golf Club- 11.8km
- Downtown Dubai- 20km
- Dubai International Airport (DXB)- 25km
Economic Appeal
Gross rental yields in Dubailand Residence Complex currently range from about 6.4% to 8.8%, with annual rents of around AED 40,000 to AED 43,000 for studios and AED 75,000 to AED 81,000 for 2-bedroom units. ELAN's launch pricing works out to about AED 1,850 per sq ft for studios, AED 1,500 for 1-bedrooms and AED 1,215 for 2-bedrooms, against an area average of about AED 1,397 per sq ft, so the 2-bedroom units offer the strongest value and capital appreciation potential. The 50/50 plan keeps half the price due at the Q1 2029 handover. Alfulaiti Development is a newer developer with a small portfolio, so buyers should review the escrow registration and construction milestones before committing. As the Best Real Estate Company at Dubai, House & Hedges can help you secure an ELAN Tower unit at launch and check the numbers before you commit.
About the Develoepr
Alfulaiti Development is a UAE-based real estate developer focused on residential and commercial projects in Dubai's emerging communities. Its current launches include ELAN Tower in Dubailand Residence Complex and Alfulaiti Residence in Wadi Al Safa 5, both targeting handover in 2029.
