QUBE Development · Dubai
Elire
Business Bay, Dubai
Bedrooms
1 – 4 Bed
Type
Apartment
Payment Plan
Simplex 60/40 (10% down, 50% during construction, 40% on handover) — Duplex 45/55 (15% down, 30% during construction, 55% on handover)
Handover
2028
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Total Residences
100 (across 23 floors)
Starting Price
AED 2.8M
Handover
2028 (developer-stated)
Hospitality Management
Managed by LUX* (The Lux Collective Ltd)
Unit Sizes
At a Glance
- Managed by LUX* (The Lux Collective) — a global hospitality brand bringing resort-style services to residential ownership
- Every 4-bedroom duplex includes a show kitchen, back kitchen, home cinema and a dedicated annex room with its own bathroom
- Podium amenities include a Pilates studio, Turkish hammam, spa and rooftop infinity pool
Units Registered (DLD)
4
Median Sale Price
AED 15,295,361
Avg. Price / Sqft
AED 4,178
Sourced from Dubai Land Department transaction registry matched by project name.
About this project
Elire is a 23-floor, 100-residence tower in Business Bay, Dubai, by QUBE Development, managed by LUX* (The Lux Collective), offering 1-4 bedroom simplex and duplex residences from AED 2.8M.
Interior, fully-furnished — click to enlarge
Amenities
Wellness & Fitness
- Gym
- Yoga & Reformer Pilates Studio
- Sauna & Steam Rooms
- Rooftop Infinity Pool
- Turkish Hammam
- Spa & Beauty Salon
- Treatment & Massage Rooms
Family & Kids
- Indoor & Outdoor Kids' Areas
Lifestyle & Comfort
- Padel Court
- Semi-Basketball Court
Dining & Social
- Shared Kitchen
- BBQ Lounge
Investment Factors
Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.
New Developer (QUBE Development), First Listing — Clean Single-Page Fact Sheet
QUBE Development is a new Dubai developer sourced this session (see the "Qube" folder side-quest, alongside a second QUBE project, Arisha, still downloading as of this note). Elire's single-page fact sheet is unusually dense but genuinely clean once rendered at high resolution — a full specifications table (size + starting price per unit type) and both payment plan structures (60/40 for simplex units, 45/55 for duplex units) were read directly off it with no raw-text scrambling once cropped and re-rendered at 400dpi. "100 ELIRE residences cover 23 floors" and "HANDOVER 2028" are the fact sheet's own stated figures. Elire is managed by LUX* (The Lux Collective Ltd) per the fact sheet's own branding and footnote disclosure ("LUX* denotes The Lux Collective Ltd"). Location read from the fact sheet's own "In the City's Midst" map (pin near The Opus by Zaha Hadid, consistent with Business Bay) and corroborated by a genuine hero render showing the tower directly beside a visible Burj Khalifa skyline. 2 images (twilight tower exterior, ornate lobby) verified genuine via Read. Coordinates for Business Bay are approximate.
Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.
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Location
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Map shows approximate project location. Exact site boundaries may vary.
About the Developer
QUBE Development
QUBE Development is a Dubai real estate developer whose own 2025 company profile describes it as among "the UAE's most promising new developers," built on what it calls "three decades of development legacy" without naming a specific predecessor entity. QUBE reports a 554,000 sq ft land bank, 2.1M sq ft of GFA, and an AED 4.4 billion portfolio value across its active projects.
View all QUBE Development projectsFull Gallery
Starting from
AED 2.8M
Simplex 60/40 (10% down, 50% during construction, 40% on handover) — Duplex 45/55 (15% down, 30% during construction, 55% on handover) · Handover 2028
Dubai — Market Yield Range
5% – 12.5% gross p.a.
Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.
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Developer-Direct Pricing
Same price as booking through the developer — zero resale markup.
One Advisor, Start to Finish
A single point of contact from reservation through to handover — no chain of resellers.
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