
ELAR1S Sky is a residential development by Object One Real Estate Development, located in the Jumeirah Village Triangle area. The project is inspired by the concept of light, air, and the modern rhythm of the metropolis. The building’s architecture combines smooth lines, glass façades, and elegant geometry, creating a refined and distinctive silhouette within the urban landscape. The complex comprises a basement, ground floor, five parking levels, a mechanical floor, thirty seven residential floors, and a roof. Available units include studios, 1- and 2-bedroom apartments, and commercial spaces. Spacious layouts, floor-to-ceiling windows, and premium finishes create an atmosphere of openness and sophistication, combining aesthetics with functionality. Residents of ELAR1S Sky can enjoy a wide range of amenities, including an infinity pool, fitness center, crossfit area, children’s pools and playrooms, barbecue areas, and landscaped courtyards for relaxation. Ideally located in Jumeirah Village Triangle, the complex provides easy access to shopping centers, parks, and educational institutions. It’s just 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 location offers the perfect balance between peaceful residential living and proximity to Dubai’s main attractions.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| ELAR1S Sky launch basis | 1,377 | AED 1.24M | Current launch / asking basis |
| Jumeirah Village Triangle (JVT) ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Jumeirah Village Triangle (JVT) premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |


















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Astraterra Properties
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Jumeirah Village Triangle (JVT)
ELAR1S Sky by Object One Real Estate Development
Located in Jumeirah Village Triangle (JVT)
Starting from AED 1,239,423
Unit mix includes 1 BR, Apartments
Expected handover: Dec 2028
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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