Price
From AED 2.61M
Yearly Rent Return
6.7%
Yearly Growth
+7.5%
Worth in 5 Years
AED 3.75M
Price/sqft
AED 4,277/sqft
vs Area Price
+178.1%
Verdict
WATCH
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By Qube Development
// Wolfie Verdict
WATCH71 / 100 conviction

Elire Managed by LUX by Qube Development is a Developer Off-Plan launch in Business Bay. Entry pricing starts at From AED 2.61M.

Business Bay averages 7.5% annual appreciation and 6.8% area rent return once handed over. Wolfie projects a 43.6% value uplift over 5 years on these community fundamentals.

// Investment Summary

Numbers at a glance

Entry priceFrom AED 2.61M
HandoverTBA
Payment plan2 Years Post Handover Payment Plan
Area average rent return6.8%
Annual appreciation+7.5%
Y5 projected valueAED 3.75M
Golden Visa eligibleYes (≥ AED 2M)
DeveloperQube Development
// Full Wolfie Report

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// Location & Investment Impact

Location Analyzer

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Business Bay, Business Bay, Dubai, United Arab Emirates

What’s nearby

Metro station
Business Bay Metro
5 min
Major road
Al Khail Road
4 min
Shopping centre
Bay Avenue Mall
4 min
School
Jumeirah International Nurseries
7 min
Hospital
Aster Clinic Business Bay
6 min
Business hub
DIFC
6 min

What this location means for your investment

Homes in Business Bay command around a 10% rental premium over the central-Dubai average, driven by Dubai Water Canal frontage and a walk to Downtown.

Corporate tenants from DIFC and Downtown Dubai — both under 7 minutes away — keep demand steady year round.

A dense commercial core and constant tenant churn support steady rental growth.

Location Score

8.0/ 10
Connectivity9/10
Amenities8/10
Growth Potential7/10

Property description

##### Project general facts Elire Managed by LUX is a private sanctuary nestled in Business Bay, where contemporary luxury meets serene design. With an architecture set the building blends lush gardens, grand interiors, curated amenities, and five-star service into a refined urban retreat. The project offers 100 exclusively crafted residences with custom-designed furnishings, crafted for those who appreciate quiet elegance. Interiors focus on balance — spaces that feel both intimate and expansive, with attention to detail permeating every finish. Designers have prioritized calm, quality materials and artwork-like touches that transform each home into more than just a place to live, but a work of art in its own right. Residents at Elire Managed by LUX enjoy a suite of world-class amenities and high-end services. From an infinity rooftop pool and spa to indoor and outdoor kids’ areas, padel and semi-basketball courts, yoga and pilates studios, meeting & dining spaces, Turkish hammam, beauty treatments, meeting rooms, and concierge-level services including private transport and in-residence dining — every feature is curated to elevate daily life. With its prime location on the edge of Downtown, Elire Managed by LUX offers luxury, convenience, and an exclusive lifestyle where every moment feels intentional. ##### Finishing and materials The interiors of Elire Managed by LUX are crafted with exceptional attention to detail, blending timeless elegance with modern functionality. Each residence features soundproof concrete block walls, Guardian double-glazed windows, and high ceilings that enhance the sense of space and light. The flooring system incorporates acoustic isolator pads, ensuring serenity and privacy within every unit. Residences feature the Syncorw smart home system. ##### Kitchen and appliances Fully equipped kitchens. ##### Furnishing Fully furnished. ##### Location description and benefits Business Bay is one of Dubai’s most dynamic and fast-paced neighborhoods, known as the city's central business, commercial, and residential hub. Located just minutes from Downtown Dubai and the iconic Burj Khalifa, it offers a strategic location with seamless access to Sheikh Zayed Road and Al Khail Road. Business Bay is a prime destination for professionals, entrepreneurs, and investors looking to be at the heart of Dubai’s thriving economy, with a skyline defined by high-rise towers, luxury hotels, and modern office spaces. Beyond its corporate appeal, Business Bay has evolved into a vibrant lifestyle destination. The area features a wide range of residential options, from upscale studios to spacious penthouses, many with stunning views of the Dubai Canal. Residents enjoy an urban lifestyle with access to fine dining, boutique cafes, waterfront promenades, gyms, and art spaces, all set against a backdrop of architectural elegance. The Dubai Water Canal also adds a touch of serenity, perfect for walks, boat rides, or simply enjoying the city lights by the water. As one of the most well-connected and sought-after areas in Dubai, Business Bay continues to grow as a leading hub for luxury living and commercial innovation. Whether you're working, living, or investing, it offers the perfect blend of modern convenience, cosmopolitan energy, and high-end urban living — all in one prime location.

Features & Amenities

Gym
Yoga & Reformer Pilates Studio
Padel Court
Semi Basketball Court
Rooftop Infinity Pool
Pool Bar
Indoor & Outdoor Kids' Area
Kids' Pool
Turkish Hammam
Spa
Beauty Salon & Treatment Rooms
Teenage Zone
Indoor & Outdoor Dining Areas
Meeting Rooms
Sauna
Landscaped Seating Areas & BBQ Lounge

Payment Plan

2 Years Post Handover Payment Plan

Floor Plans

Available units

TypeBedroomsSizePrice
1-Bedroom1978–978AED 4.36M
1-Bedroom1655–734AED 2.79M
1-Bedroom1734–978AED 3.42M
// Full Wolfie Report

Want the complete Wolfie analysis for this property?

We'll generate a full PDF report — Wolfie Verdict, exit-strategy scenarios, capital appreciation, rental yield, and the investor brief — and an advisor will follow up to walk you through it.