Elire
by QUBE Development · 📍 Business Bay
Price from
AED 2.70M
Elire is a project by QUBE Development in Business Bay, Dubai. Prices start from AED 2.70M. It offers 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom. QUBE Development states handover in December 2028. It was 8% built at the official RERA site inspection of 11 August 2026.
Floor plans
Layouts by unit type — tap any plan to view it full size.
Official brochure
Source: independent listing source.
About the project
QUBE Development, in collaboration with The Lux Collective, has unveiled Elire, a premium off-plan residential project in Dubai that will be operated under the prestigious LUX* hospitality brand. Introducing the first LUX* branded residences in the Middle East, the development will redefine modern living through a fusion of contemporary architecture, luxury and personalised hospitality. Elire in Business Bay will comprise 100 upscale residences thoughtfully designed, emphasising natural light, open spaces and sensory-inspired details. Residents will enjoy a host of exclusive hospitality services, including concierge assistance, housekeeping, private dining, chauffeur facilities and rejuvenating spa treatments. The initial phase of the launch features fully furnished 3 and 4-bedroom duplex apartments with spacious layouts and high-end finishes.
Construction progress
8.15% complete at the latest RERA site inspection on 11 Aug 2026; scheduled completion 15 Dec 2028.
Project register as of 15 Oct 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 11 Aug 2026 | 8.15% | 6 |
| 7 May 2026 | 6.94% | 5 |
| 3 Feb 2026 | 5.36% | 5 |
| 1 Oct 2025 | 0.11% | 3 |
| 23 Dec 2024 | 0% | 2 |
Escrow account 1091006021279010 at First Abu Dhabi Bank P.J.S.C.. Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #3467, updated daily. Tap a photo for the full-size original.
Sales velocity
Per-unit-type pricing and sell-through from an independent market source.
| Unit | Size | Price from | Sold |
|---|---|---|---|
| 1 Bed | 610–1,080 sqft (57–100 m²) | AED 2.70M | 2 / 41 |
| 2 Beds | 1,450–1,560 sqft (135–145 m²) | — | — |
| 3 Beds | 2,440–3,800 sqft (227–353 m²) | — | — |
Independent third-party construction snapshot, not developer-confirmed. Sold counts reflect that source's own tracking and may differ from the other listing data on this page.
Amenities
Who's selling this project
21 agencies are currently listing units in Elire across 23 live listings, from AED 540,000 to AED 950,000 depending on unit size and floor.
| Agency | Listings | Asking range | Trust |
|---|---|---|---|
| Top House Real Estate | 2 | AED 650,000 – AED 699,999 | 2 verified · Trusted broker |
| fäm Properties | 2 | AED 700,000 – AED 950,000 | 2 verified · Trusted broker |
| Ard Al Daman Real Estate | 1 | AED 700,000 | 1 verified |
| Azgard Real Estate | 1 | AED 650,000 | Trusted broker |
| Bayt Alnaseem Real Estate | 1 | AED 599,999 | 1 verified · Trusted broker |
| Binayah Properties | 1 | AED 590,000 | 1 verified · Trusted broker |
| Elite Merit Real Estate | 1 | AED 900,000 | 1 verified · Trusted broker |
| Harbor Real Estate | 1 | AED 540,000 | 1 verified · Trusted broker |
| Homes 4 Life Real Estate | 1 | AED 800,000 | 1 verified · Trusted broker |
| Homes 4 Life Real Estate 71 | 1 | AED 700,000 | 1 verified · Trusted broker |
| Luxe Vita Properties | 1 | AED 690,000 | 1 verified · Trusted broker |
| Oia Properties - Sale | 1 | AED 550,000 | 1 verified · Trusted broker |
| Outlook Properties - Main Account | 1 | AED 850,000 | 1 verified · Trusted broker |
| Regen Real Estate | 1 | AED 850,000 | 1 verified |
| Strada Real Estate | 1 | AED 700,000 | 1 verified · Trusted broker |
| Thrivestate Square Real Estate | 1 | AED 800,000 | 1 verified · Trusted broker |
| Unique Zone Real Estate | 1 | AED 600,000 | 1 verified |
| Urban Luxe Realty | 1 | AED 540,000 | 1 verified · Trusted broker |
| Alcenza Properties | 1 | AED 650,000 | 1 verified · Trusted broker |
| XO Property | 1 | AED 900,000 | 1 verified · Trusted broker |
| Almirax Real Estate | 1 | AED 750,000 | 1 verified · Trusted broker |
Live asking prices from agency listings — compare before you commit. Ranges span different unit types and floors, and asking prices are not sold prices.
How it compares in Business Bay
50 other off-plan projects in Business Bay · average entry price AED 2.18M · this project is 24% above that average
Elire: questions and answers
What is the starting price of Elire?
Prices at Elire start from AED 2.70M, for homes from 611 sqft (57 m²), as published by QUBE Development.
What is the payment plan for Elire?
The payment plan published by QUBE Development for Elire is: 60% pre-handover, 40% handover.
When is the handover of Elire?
QUBE Development states handover of Elire in December 2028. The Dubai Land Department project register lists the completion date of the project as December 2028.
How much of Elire is built?
Elire was 8% complete at the official RERA site inspection of 11 August 2026.
Is Elire registered with the Dubai Land Department?
Yes. Elire is registered with the Dubai Land Department as project number 3467, and its escrow account is held at First Abu Dhabi Bank P.J.S.C.. By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Elire?
Elire is developed by QUBE Development. The Dubai Land Department project register lists 4 projects for QUBE Development: 1 delivered and 3 under construction.
Where is Elire located?
Elire is in Business Bay (Elire), Dubai.
What unit types does Elire offer?
Elire offers 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom, with sizes from 611 sqft (57 m²). The project has 101 units in the Dubai Land Department project register.
How does Elire compare with other off-plan projects in Business Bay?
The starting price of Elire (AED 2.70M) is 24% above the average starting price of 10 other off-plan projects in Business Bay, which is AED 2.18M.
What is the average price per sqft in Business Bay?
Apartments in Business Bay sell for about AED 1,864/sqft (AED 20,061/m²), based on 2,421 registered sales in the last 12 months.
What rental yield can I expect in Business Bay?
Apartments in Business Bay yield about 6.0% gross, or about 5.0% net after service charges, based on 18,597 registered rent contracts and 2,421 sales in the last 12 months.
What are the service charges in Business Bay?
Service charges for apartments in Business Bay are about AED 18.31/sqft (AED 197/m²) a year, per an independent third-party source. The exact rate depends on the building, so confirm it with the developer before buying.
What amenities does Elire have?
Elire lists these amenities: Gym or Health Club, Parking Spaces and Swimming Pool.
Explore more
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Source: live new-projects feed. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 11 Aug 2026.