Neoterra Developments Marks Groundbreaking of ELMORA Residential Tower at Jumeirah Garden City

Neoterra Developments has commenced construction of ELMORA at Jumeirah Garden City with a groundbreaking ceremony. The project, with a gross development value (GDV) of approximately AED 130 million, is scheduled for completion in February 2028. ELMORA features 85 fully furnished residences that include studios, one-bedroom, and two-bedroom apartments, and is being developed in collaboration with GRID, which is overseeing design, construction, and go-to-market execution.

Commenting on the milestone, Naresh Perwani, Founder and Chairman of 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.”

Project Snapshot: ELMORA at Jumeirah Garden City

• Gross Development Value (GDV): ~AED 130 million
• Units: 85 fully furnished residences
• Unit Mix: Studios, 1-bedroom, 2-bedroom apartments
• Completion Timeline: February 2028
• Amenities: Rooftop business lounge, infinity lap pool & jacuzzi, gymnasium & sauna suites, jogging track, landscaped podium gardens, concierge services, EV-ready parking

The development is located minutes away from the Dubai International Financial Centre and just five minutes from the recently announced AED 100 billion DIFC 2.0 expansion. Residents will also benefit from proximity to Downtown Dubai, Jumeirah, and La Mer beach, along with access to metro stations, major highways, and future mobility infrastructure.

Lifestyle amenities include a jogging track, rooftop business lounge, gymnasium, infinity lap pool, jacuzzi with panoramic views, sauna suites, and landscaped podium gardens with seating. Residents will also benefit from dedicated concierge services. 

Sustainability forms a core pillar of the project, thus ELMORA incorporates EV-ready parking to encourage greener mobility, water-efficient fixtures to reduce water consumption, solar-control glazing to minimise heat gain, and energy-efficient cooling systems to optimise comfort and performance. 

Neoterra Developments has also announced its next project in Dubai Production City, with a targeted launch in Q2 2026.