Elay is not popular as a baby name for boys. It is not in the top 1000 names. In 2012, within the group of boy names directly related to Elay, Eli was the most popular.
Baby names that sound like Elay include Eli (English, Hebrew, and Yiddish), Eloy (English and Spanish), Elu, Elwell, Ely (English and Hebrew), Ewould (Dutch), Ilia (Russian), Ilie (Romanian), Ilija (Slavic), Iliya (Russian and Slavic), Illya (English), Iloe, Ilow, Ilowe, Ilya (Russian and Czech), Elia (Dutch, German, Italian, and Zuni), Elihu (French, Scandinavian, and Yiddish), Elois, Iejiel, and Ilio (English).
† approx English pronunciation for Elay: IH as in "it (IH.T)" ; L as in "lay (L.EY)" ; EY as in "ate (EY.T)"