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Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

2026-04-02

Neoterra Developments has officially commenced construction of its upscale residential tower, ELMORA, at Jumeirah Garden City following a groundbreaking ceremony held in Dubai. The developer confirmed that the project is scheduled for completion in February 2028 and also announced its next residential development in Dubai Production City, which is expected to be launched in Q2 2026.

ELMORA, valued at approximately AED 130 million in gross development value (GDV), is being developed in collaboration with GRID, which has been appointed as the project’s Development Lifecycle Management (DLM) partner. Located just off Sheikh Zayed Road, the development offers studio, one-bedroom, and two-bedroom apartments, with nearly 80 per cent of the units already sold.

Mr. Naresh Perwani, Founder and Chairman, Neoterra Developments, said: “The groundbreaking of ELMORA at Jumeirah Garden City signals a significant step forward in our growth strategy as we accelerate our footprint in Dubai. ELMORA reflects our long-term vision to create boutique, design-led residences in prime yet evolving urban districts of the city, aligned with Dubai’s vision for next-generation urban communities.”

He added: “Rooted in Neoterra’s philosophy of ‘Luxury Done Thoughtfully’, ELMORA is envisioned to seamlessly integrate architecture, smart technology, and functionality to enhance modern city living.”

Mr. Shreen R. Gupta, Founder and CEO, GRID, said: “The vision for this iconic project was set by Neoterra’s leadership to create a truly one-of-a-kind residential development in the neighbourhood, defined by quality, excellence, and thoughtful design. Our role is to translate that vision from concept to keys.”

ELMORA will feature 85 fully furnished residences. Studios and one-bedroom apartments are sold out, while limited two-bedroom units remain available starting from AED 1.7 million.

The project is positioned minutes from DIFC and close to the AED 100 billion DIFC 2.0 expansion. Amenities include an infinity lap pool, rooftop lounge, jogging track, gym, sauna suites, concierge services, and sustainability features such as EV-ready parking and energy-efficient systems.

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