Elevate off-plan projects: AED 3,152/sqft
Elevate has 3 off-plan projects in our July 2026 dataset across 1 communities (most in Al Marjan Island).
Across 16 priced unit records the median asking price is AED 3,152 per sqft (56% above the Dubai-wide off-plan median), with the middle half between AED 2,948 and AED 3,335.
The median unit is AED 5.47M for 1,973 sqft.
Elevate payment plans typically ask 20% on booking and 60% before handover.
Its heaviest handover year is 2028 with 3 projects due.
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Developer portalScorecard
| Measure | This developer | Base | What it says, and does not |
|---|---|---|---|
| Completions on record | 0 | 3 off-plan | No completed building by this name appears in the corpus. That is not the same as never having delivered: see the note below. |
Not measured here: share past stated handover; price against neighbours; payment plan discount; community footprint; listing completeness. Each of those needs a base this developer does not reach in the corpus, and a thin number is worse than none.
The scorecard does not measure whether Elevate hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,034 of the 1,087 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.
Where the prices sit
6 of the 16 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.
By bedroom count
| Type | Units | Median AED/sqft | p25 to p75 | Median price | Median size | Entry (p25 price) |
|---|---|---|---|---|---|---|
| 1 BR | 3 | 3,192 | 3,000 to 3,239 | AED 2,550,000 | 835 sqft | AED 2,550,000 |
| 2 BR | 3 | 3,010 | 2,738 to 3,065 | AED 3,690,000 | 1,323 sqft | AED 3,690,000 |
| 3 BR | 8 | 3,122 | 2,852 to 3,335 | AED 8,530,000 | 2,548 sqft | AED 5,609,644 |
By property type (median AED/sqft): Apartment 3,010 (9), Penthouse 3,349 (5).
Payment plan norms
Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.
Delivery pipeline
By year: 2028 (3). Construction status: under construction 2, not stated 1.
Where Elevate builds
Every Elevate off-plan project
| Project | Community | Type | From | Median AED/sqft | Pre-handover | Handover | Status |
|---|---|---|---|---|---|---|---|
| Mondrian Residences | Al Marjan Island | Apartment, Duplex, Penthouse, Townhouse | AED 2.55M | 3,002 | 60% | Q4 2028 | Sold out |
| Mondrian Phases 1 and 2 | Al Marjan Island | AED 2.74M | 3,308 | 30% | Q4 2028 | On sale | |
| Mondrian Al Marjan Beach Residences | Al Marjan Island | AED 2.55M | n/a | n/a | Q4 2028 | Not stated |
Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.
Developers at a similar price point
| Developer | Projects | Priced units | Median AED/sqft | vs Elevate | Pre-handover |
|---|---|---|---|---|---|
| WOW Resorts | 3 | 44 | 3,174 | +1% | 70% |
| Durar | 9 | 47 | 3,130 | -1% | 50% |
| Select Group | 10 | 144 | 3,212 | +2% | 40% |
| Kasco | 2 | 46 | 3,286 | +4% | 25% |
| THOE | 6 | 49 | 2,997 | -5% | 80% |
| Ardee | 2 | 59 | 3,317 | +5% | 40% |
Questions this data answers
What is Elevate's average off-plan price per sqft?+
Across 16 priced units in 2 Elevate projects (July 2026), the median asking price is AED 3,152 per sqft, with the middle half between AED 2,948 and AED 3,335.
Where is Elevate building off-plan?+
Elevate has projects in 1 communities. The largest concentrations are Al Marjan Island (3).
What payment plan does Elevate usually offer?+
Across 3 published Elevate payment plans the median structure is 20% on booking, 40% during construction and 40% on handover, so 60% before keys. 0% of plans include post-handover instalments.
When are Elevate's off-plan projects handing over?+
Scheduled handovers by year: 2028: 3. Dates are as published by the developer and can move.
How much does a Elevate off-plan unit cost?+
1 BR: median AED 2,550,000 for 835 sqft; 2 BR: median AED 3,690,000 for 1,323 sqft; 3 BR: median AED 8,530,000 for 2,548 sqft.
Read next
The full report: every community, every developer, ranked.
Elevate in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
Source: OffplanIndex derived analytics, built 2026-09-02 from developer-published project facts and unit inventories aggregated from public portals (latest observation 2026-07-30). All statistics are computed by OffplanIndex; no third-party database is reproduced. See the methodology and data policy. Not investment advice.