Elmora - Versace Residences in Dubai

The project is developed by Neoterra Real Estate Development, a Dubai-based developer known for boutique, design-driven communities. Elmora is created in collaboration with Versace, bringing Italian sophistication and branded elegance to the heart of the city.

Elmora offers an exclusive collection of 85 residences in a low-rise structure of G + 2P + 8 Floors + Rooftop.
Available units include:

Studios                                                                                                                                                                                                         1-BR (Solitair Residences) – from AED 1.30M
2-BR (Regal Residences) – from AED 1.84M

Each home features branded finishes, Juliet balconies, and contemporary interiors inspired by the Versace design language.

Prices start from AED 1.30 million for 1-BR Solitair Residences.

Elmora offers a highly flexible 60/40 payment plan, including a 2-year post-handover period to support investor liquidity.

EOI (Reservation): AED 10,000 (fully refundable)
Down Payment: 20% on booking
During Construction: 10% in Year 1 + 10% in Year 2
On Handover (Feb 2028): 20%
Post-Handover: 40% over 2 years

The project is expected to complete in February 2028.

Investors can expect ~6-8% rental yields due to the project’s central freehold location, limited supply of only 85 units, and exclusive Versace branding, making it one of the most sought-after mid-rise developments in Jumeirah Garden City, Dubai.

Yes, Elmora offers 100% freehold ownership for both UAE nationals and international investors, allowing global buyers to own property in this prime central district.

Investors purchasing property worth AED 2 million or more are eligible for the 10-year UAE Golden Visa, extendable to family members and household staff. Purchases starting from AED 750,000 may qualify for a 2-year residence visa, also renewable for dependents.

Elmora combines branded sophistication and boutique living through a curated set of amenities:

Versace-themed lobby with Italian design flair
Dedicated concierge desk for personalized services
Rooftop lifestyle deck with pool and leisure zones
Juliet balconies and branded furnishings in residences
Private parking, 24-hour security, and resident facilities

Yes, top schools such as GEMS Wellington Primary School, Jumeira Baccalaureate School, and Horizon English School are all within a 15–20 minute drive, making the project ideal for professionals and families alike.

Jumeirah Garden City provides seamless access to Sheikh Zayed Road and Downtown Dubai, ensuring quick travel times:

Downtown Dubai – 10 min
Business Bay – 10 min
Dubai International Airport – 20 min
La Mer Beach – 15 min

Elmora is a rare opportunity to own a Versace-branded residence in a central freehold location. With only 85 exclusive units, a 2-year post-handover plan, and proven investment returns, it combines lifestyle elegance with strong financial performance. This is branded urban living reimagined — refined, timeless, and truly limited.