ELAR1S Axis
Off-Plan

ELAR1S Axis

From AED 1.02M·Handover Nov 2028·30% down payment Payment
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AED 1.02M
Starting Price
Nov 2028
Handover
30% down payment
Payment Plan
Studio · Office
Type

Project Overview

ELAR1S Axis is a luxurious mixed-use development by Object One Real Estate Development, located in Jumeirah Village Triangle. The building’s striking cascading architecture, panoramic glazing, and smooth facade lines create a harmony of dynamism and lightness, making it a new landmark on the urban skyline. For sale — studios, one-bedroom apartments, offices, and retail units. The complex features a basement, ground floor, five podium levels, eighteen residential floors, and a rooftop. Thoughtful layouts combine home comfort with spaces for work and meetings, creating a balance between activity and tranquility. Residents and occupants enjoy a variety of amenities: a swimming pool and children’s pool, jogging tracks, a modern gym, a luxurious lobby, and a barbecue area. Every detail of the infrastructure is aimed at ensuring comfort and supporting an active urban lifestyle. Its location in Jumeirah Village Triangle offers quick access to key destinations across the emirate: 9 minutes to Dubai Miracle Garden, 15 minutes to Circle Mall, 17 minutes to Dubai Hills Mall, 22 minutes to Palm Jumeirah, and 27 minutes to Legoland Dubai. The convenient connection of Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44) provides easy access to coastal areas including Jumeirah Islands, Palm Jumeirah, and Palm Jebel Ali. EOI: 30 000 AED The launch date will be announced later

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Triangle (JVT)
Unit TypesStudio, Office, 1 BR, Apartments, Commerce
AreaJumeirah Village Triangle (JVT)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 44,029 / year
Cash-on-Cash
2.2%
Levered cashflow AED 10,357
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 66,325 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
ELAR1S Axis launch basis1,134AED 1.02MCurrent launch / asking basis
Jumeirah Village Triangle (JVT) ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Village Triangle (JVT) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

30% down payment

Flexible Payment

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Amenities & Lifestyle

BBQ
Children’s pool
Club house
Covered Parking
Crossfit zone
Jogging tracks
Kids Play Area
Leisure areas
Lift
Lobby
Open Kids Play Area
Parking
Pool Deck
Pool Lounge
Prayer room
Shared Pool
Shared gym & fitness
Terrace Garden

Location

Jumeirah Village Triangle (JVT)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Triangle (JVT)Jumeirah Village Triangle (JVT)Dubai, UAE

Developer Track Record

01

ELAR1S Axis by Object One Real Estate Development

02

Located in Jumeirah Village Triangle (JVT)

03

Starting from AED 1,020,380

04

Unit mix includes Studio, Office, 1 BR, Apartments

05

Expected handover: Nov 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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