Neoterra begins ELMORA construction in Dubai

10 Apr 2026 CW Team

Neoterra Developments has commenced construction of ELMORA at Jumeirah Garden City, marking a key milestone in its Dubai expansion strategy, while also announcing a new residential project in Dubai Production City slated for launch in Q2 2026.

The upscale residential tower, with a gross development value of approximately AED 130 million, comprises 85 fully furnished units, including studios, one- and two-bedroom apartments. Nearly 80 per cent of the inventory has already been sold, with studios and one-bedroom units fully booked.

Strategically located off Sheikh Zayed Road, the project offers proximity to major hubs such as the Dubai International Financial Centre and the upcoming DIFC 2.0 expansion.

Developed in collaboration with GRID, ELMORA integrates architecture, smart technology and hospitality-led services, including concierge offerings, rooftop business lounge, infinity pool and landscaped podium gardens.

Commenting on the milestone, Naresh Perwani, Founder and Chairman, Neoterra Developments, said, “The groundbreaking of ELMORA… signals a significant step forward in our growth strategy as we accelerate our footprint in Dubai.”

Scheduled for completion in February 2028, the project incorporates sustainability features such as EV-ready parking, solar-control glazing and energy-efficient systems, aligning with Dubai’s evolving urban development vision.

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