ELIRE Managed by LUX – Premium Residential Living in Business Bay by Qube Development

Project Details

Developer: Qube Development
Project Name: ELIRE Managed by LUX
Location: Business Bay, Dubai
Unit Types: 1 BR, 2 BR, 3 BR, 3 BR Duplex, 4 BR Duplex
Starting Price: From 2,800,000 AED
Price Range: 2,800,000 AED – 27,700,000 AED
Price per Sq. Ft.: 4,048.05 AED – 5,178.54 AED
Size Range: 612 sq. ft – 5,349 sq. ft
Handover: Q4 2028
Ownership: Freehold
Service Charge: 27 AED per sq. ft
Furnishing: Fully Furnished (Luxe)
Resale Allowed After: 30%
Configuration: Tower 1 – B + G + 3P + 23 + Rooftop

Overview of ELIRE Managed by LUX

ELIRE Managed by LUX is a high-end residential development crafted by Qube Development and professionally managed by the world-renowned hospitality brand LUX. Located in the heart of Business Bay, the project blends refined comfort, contemporary architecture, and hotel-style services to create a truly elevated living experience. Consisting of a basement, a ground floor, three podium levels, twenty-three residential floors, and a rooftop level, the entire structure is designed to maximize space, light, and functionality.

The design philosophy behind ELIRE Managed by LUX focuses on delivering personalised luxury living with an emphasis on comfort, elegance, and premium hospitality. Every aspect—from the interior finishes to the amenities—reflects attention to detail and modern sophistication. With its central location, thoughtfully designed residences, and extensive range of five-star amenities, this project stands out as an exclusive residential offering for families, investors, and luxury seekers in Dubai.

Property Information

ELIRE Managed by LUX offers a selection of luxury homes tailored to a wide variety of lifestyle needs. The project includes:

• 1-Bedroom Apartments: From 2,800,000 AED / 612–1,076 sq. ft

• 2-Bedroom Apartments: From 6,080,000 AED / 1,445–1,564 sq. ft

• 3-Bedroom Apartments: From 11,200,000 AED / 2,417–2,610 sq. ft

• 3-Bedroom Duplex Residences: From 15,500,000 AED / 3,829 sq. ft

• 4-Bedroom Duplex Residences: From 22,300,000 AED / 5,305–5,349 sq. ft

All units feature expansive layouts, panoramic floor-to-ceiling glazing, premium natural materials, and thoughtfully designed living spaces to ensure both style and comfort. The residences are fully furnished with luxury interiors curated to match the aesthetic standards of LUX hospitality.

Detailed Description of ELIRE Managed by LUX

ELIRE Managed by LUX is designed around a contemporary lifestyle experience that harmonizes privacy, elegance, and urban convenience. The tower’s exterior pays homage to modern architectural principles, with clean lines, premium glass facades, and distinctive lighting accents that contribute to its upscale presence in the Business Bay skyline.

Inside the residences, every detail has been meticulously planned to offer a serene environment. The large windows invite abundant natural light, creating airy and welcoming living spaces. Kitchens are fully equipped with high-end appliances, and the bathrooms incorporate modern fittings and premium materials. The neutral color palettes and high-quality finishes provide residents with the flexibility to personalize their home’s interior style.

The podium levels house a curated collection of amenities, ranging from leisure and wellness areas to family-oriented spaces. The rooftop level offers unobstructed views of the Dubai skyline, giving residents privileged access to one of the most attractive vantage points in the city.

Being centrally located in Business Bay means that ELIRE Managed by LUX offers seamless connectivity to key destinations such as Downtown Dubai, Dubai Mall, and major business districts. Residents enjoy a lifestyle that blends the energy of the city with the tranquility of a premium, hotel-inspired residential environment.

Payment Plans

Payment Plan 1 (Standard Units)

No Post-Handover

• 10% + 5000 AED admin fee – Down Payment

• 10% – January 2026

• 10% – June 2026

• 10% – December 2026

• 10% – June 2027

• 10% – December 2027

• 40% – On Handover

Payment Methods Accepted:
Bank Check, Debit/Credit Card, Cash, Bank Transfer, Crypto

Payment Plan 2 (For Duplex Units)

No Post-Handover

• 15% + 5000 AED admin fee – Down Payment

• 10% – April 2026

• 10% – October 2026

• 10% – April 2028

• 55% – On Handover

Economic Appeal

ELIRE Managed by LUX presents significant economic value for both investors and residents. The Business Bay district is among the most sought-after investment zones in Dubai due to its central location, commercial relevance, and long-term demand. Properties in this area maintain strong capital appreciation potential and high rental yields because of their proximity to major business districts and tourist destinations.

The fact that ELIRE Managed by LUX is managed by the LUX brand adds further value, enhancing the property's rental desirability and ensuring long-term upkeep and hospitality-level services. With Dubai’s continuous economic growth and expanding business infrastructure, owning a residence in a central and premium development such as this positions buyers favorably in terms of ROI and future resale value.

Nearby Attractions and Distances

Residents of ELIRE Managed by LUX benefit from being minutes away from some of Dubai’s most iconic attractions:

• Burj Khalifa: 5 minutes

• Dubai Mall: 7 minutes

• Dubai Opera: 7 minutes

• Dubai Canal: 3 minutes

• DIFC: 10 minutes

• City Walk: 10–15 minutes

• Dubai International Airport: 15–18 minutes

This proximity provides daily convenience and adds immense lifestyle value by placing entertainment, shopping, dining, and culture within effortless reach.

Amenities and Facilities

ELIRE Managed by LUX offers a wide selection of world-class amenities designed to cater to all age groups and lifestyle needs. Each facility is crafted to match the premium standard of the development.

Rooftop Pool

A luxurious infinity-style rooftop pool that offers panoramic views of Downtown Dubai and Business Bay.

Spa

A dedicated spa area with treatment rooms, sauna, and steam rooms designed for relaxation and wellness.

Shared Gym & Fitness

A fully equipped, modern fitness center with a wide range of exercise equipment and open-air gym spaces.

Children’s Pool & Play Areas

Safe, shaded, and engaging indoor and outdoor spaces for children to enjoy quality playtime.

Cinema Room

A private in-house cinema equipped for entertainment and screenings.

Club House & Lounge Areas

Exclusive spaces for socializing, gatherings, and remote work.

Landscaped Gardens & Open Areas

Beautifully designed green spaces that offer tranquility within the urban city setting.

BBQ Areas

Designated outdoor BBQ zones ideal for family gatherings and leisure activities.

Dining Outlets

Premium dining outlets including cafés and restaurants within the development.

Concierge & Valet Parking

Hotel-quality concierge services and professional valet parking enhance daily convenience.

Covered Parking

Ample parking spaces designed for residents and guests.

Security & CCTV Monitoring

24/7 security surveillance ensures a safe and secure living environment.

Smart Home Systems

Advanced smart home integration offering convenience, remote access, and modern living features.

Recreational & Leisure Areas

Multiple zones designed for relaxation, community engagement, and leisure.

All amenities at ELIRE Managed by LUX were developed to elevate the residential experience and support a comfortable, holistic lifestyle.

About the Developer – Qube Development

Qube Development, established in 2010, has established itself as one of Dubai’s leading real estate developers specializing in premium residential projects. Their developments are known for innovative design, architectural precision, and a strong focus on creating functional and aesthetically pleasing living environments.

The company emphasizes harmony, community, comfort, and long-term value. Their portfolio, including projects like Cubix Residences and Midori Park, reflects a commitment to quality, luxury, and lifestyle excellence. Qube Development prioritizes modern amenities, spacious layouts, and accessibility to essential infrastructure, making their offerings attractive to families and investors.

By delivering projects such as ELIRE Managed by LUX, the developer reinforces their reputation for creating high-quality homes that combine modern architecture with functional living spaces.

FAQS

1. What is the starting price of units at ELIRE Managed by LUX?

The starting price is 2,800,000 AED for 1-bedroom apartments.

2. When is ELIRE Managed by LUX scheduled for handover?

The handover is planned for Q4 2028.

3. Who is the developer of the project?

The project is developed by Qube Development.

4. What types of units are available?

1 BR, 2 BR, 3 BR, 3 BR Duplex, and 4 BR Duplex units are available.

5. Is ELIRE Managed by LUX fully furnished?

Yes, all units come fully furnished with luxe-quality interiors.

6. Can foreign investors purchase units?

Yes, it is a freehold property, allowing full ownership for all nationalities.

7. Are there amenities for families and children?

Yes, including play areas, kids’ pool, recreational spaces, and family lounges.

8. What are the payment options?

Payments can be made via cash, bank transfer, crypto, card, or check.

9. What makes ELIRE Managed by LUX a strong investment?

Its location, luxury amenities, LUX brand management, and strong ROI potential make it highly attractive.

10. How far is ELIRE Managed by LUX from major attractions?

Burj Khalifa is 5 minutes away, Dubai Mall 7 minutes, and DIFC about 10 minutes.