+
Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City
Real Estate

Neoterra Developments breaks ground on ELMORA at Jumeirah Garden City

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code