ELAR1S Sky
Off-Plan

ELAR1S Sky

From AED 1.24M·Handover Dec 2028·20% down payment Payment
Scroll
AED 1.24M
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

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.

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Triangle (JVT)
Unit Types1 BR, Apartments
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 53,481 / year
Cash-on-Cash
2.2%
Levered cashflow AED 12,580
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 80,562 / 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 Sky launch basis1,377AED 1.24MCurrent 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

ELAR1S Sky — View 2
ELAR1S Sky — View 3
ELAR1S Sky — View 4
ELAR1S Sky — View 5
ELAR1S Sky — View 6
ELAR1S Sky — View 7
ELAR1S Sky — View 8
ELAR1S Sky — View 9
ELAR1S Sky — View 10
ELAR1S Sky — View 11
ELAR1S Sky — View 12
ELAR1S Sky — View 13
ELAR1S Sky — View 14
ELAR1S Sky — View 15
ELAR1S Sky — View 16
ELAR1S Sky — View 17
ELAR1S Sky — View 18
ELAR1S Sky official render 1

ELAR1S Sky official render 1

ELAR1S Sky official render 2

ELAR1S Sky official render 2

ELAR1S Sky official render 3

ELAR1S Sky official render 3

ELAR1S Sky official render 4

ELAR1S Sky official render 4

ELAR1S Sky official render 5

ELAR1S Sky official render 5

ELAR1S Sky official render 6

ELAR1S Sky official render 6

ELAR1S Sky official render 7

ELAR1S Sky official render 7

ELAR1S Sky official render 8

ELAR1S Sky official render 8

ELAR1S Sky official render 9

ELAR1S Sky official render 9

ELAR1S Sky official render 10

ELAR1S Sky official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

Unlock Documents

Enter your details to access brochures, floor plans & payment schedules

Payment Structure

20% down payment

Flexible Payment

Contact us for detailed payment schedule and milestones

Need a detailed payment schedule?

Our advisors provide full milestone breakdowns at no cost.

WhatsApp Us

Amenities & Lifestyle

BBQ
Children’s pool
Club house
Covered Kids Play Area
Covered Parking
Crossfit zone
Infinity pool
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Open Kids Play Area
Parking
Pool Deck
Pool Lounge
Recreational areas
Retail outlets
Shared Pool
Shared gym & fitness
Smart home
Social zone
Sunken Seating

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 Sky by Object One Real Estate Development

02

Located in Jumeirah Village Triangle (JVT)

03

Starting from AED 1,239,423

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for ELAR1S Sky

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.

Send Buyer BriefRequest CallRequest Atlas-Guided Access
RERA Registered
Qualified Buyer Flow
Verified Listings

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

Get Private Shortlist + ROI on WhatsApp