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Off-planKeys Jul 2029

Atelis

Name: Atelis
Brand: Meraas
Price: 2100000 AED
Availability: PreOrder

New homes in Dubai Design District, by Meraas

New homes in Atelis start at AED 2,100,000; keys are due Jul 2029; you pay 20% to book, 55% while it is built and 25% at the keys.

In the 12 months to Nov 9, 2026, Dubai Land Department recorded 383 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Business Bay. Their median price is AED 2,630 per sq ft (about AED 2,467,000 at 938 sq ft). This project's from price is AED 2,239 per sq ft (AED 2,100,000 for its smallest home, 938 sq ft), 15% less.

Keys: Jul 2029; The developer's handover date
Payment plan: 20 / 55 / 25; 20% to book, 55% while it is built, 25% at the keys
Bedrooms: 1 to 5 beds
Sizes: 938 to 6,765 sq ft
Ownership: Freehold
Property types: Apartment
Registration fee: 4% of the price; Paid to the Dubai Land Department

As of Nov 1, 2026. These details can change; confirm them with the developer before you book.⁠

From price per sq ft: AED 2,239 per sq ft; Similar off-plan homes: AED 2,630 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.⁠

Paying for it

⁠

You pay 20% when you book, 55% as the building goes up, and 25% when you get the keys.

Show the amounts for a price of

When	Stage	Share	Amount	Paid by then
NowBooking · 20%	Booking	20%	AED 420,000+ AED 84,000 DLD fee	AED 504,000
Mar 2027While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 648,375
Jun 2027While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 792,750
Oct 2027While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 937,125
Jan 2028While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 1,081,500
May 2028While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 1,225,875
Aug 2028While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 1,370,250
Dec 2028While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 1,514,625
Mar 2029While it is built · 6.9%	While it is built	6.9%	AED 144,375	AED 1,659,000
Jul 2029Keys · 25%	Keys	25%	AED 525,000	AED 2,184,000

Booking payment, 20%: AED 420,000
Dubai Land Department fee (Oqood), 4%: AED 84,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.: AED 504,000
Total costPrice plus the DLD fee: AED 2,184,000

The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

A mortgage at the keys

Add a mortgage for the balance due at the keysUp to 80% of the price.

Before you buy

Pay into the project's escrow account only.: Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.: Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.: The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

⁠

Dubai Land Department recorded 383 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Business Bay, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across Business Bay, as this project isn't on the Dubai Land Department register yet or has too few sales.

Median price AED 2,630 per sq ft

AED 1,201 per sq ftAED 3,644 per sq ft

This project AED 2,239 per sq ft

Half of the sales sold for AED 2,262 to AED 2,951 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table

Price per sq ft	Sales
AED 1,201 to AED 1,506 per sq ft	1
AED 1,506 to AED 1,812 per sq ft	6
AED 1,812 to AED 2,117 per sq ft	44
AED 2,117 to AED 2,423 per sq ft	95
AED 2,423 to AED 2,728 per sq ft	76
AED 2,728 to AED 3,034 per sq ft	76
AED 3,034 to AED 3,339 per sq ft	59
AED 3,339 to AED 3,644 per sq ft	26

The 3 closest sales

Picked from the 383 similar sales above, closest in size to this project's smallest home.

Mar 2026AED 2,231,249AED 2,378 per sq ftBinghatti Skyrise - TOWER C, 938 sq ft
Dec 2025AED 2,699,999AED 2,878 per sq ftBinghatti Skyrise - TOWER C, 938 sq ft
Dec 2025AED 2,712,499AED 2,891 per sq ftBinghatti Skyrise - TOWER C, 938 sq ft

Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

⁠

The median price of off-plan homes with the same number of bedrooms that sold in Dubai Design District in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

Type	Off-plan median	Sales	Against similar sales
1-bed apartmentFrom AED 2,100,000 here	Off-plan medianAED 2,291,000AED 2,671 per sq ft	Sales1,749	15% below 383 similar sales
2-bed apartment	Off-plan medianAED 3,570,000AED 2,691 per sq ft	Sales953
3-bed apartment	Off-plan medianAED 5,829,000AED 3,046 per sq ft	Sales219
4-bed apartment	Off-plan medianAED 12,289,000AED 3,094 per sq ft	Sales33
5-bed apartment	Off-plan medianToo few sales for a median	Sales11

Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price⁠Rent ÷ price: 4.7%
Net yield at the from price⁠(Rent − service charge) ÷ (price + DLD fee): 3.2%
Typical gross yield of similar ready homes: 7%
Median rent of 1-bed apartments in Dubai Design District⁠: AED 98,000 a year
Service charge a year, from the keys⁠The area median, AED 30 per sq ft from 36 buildings, as of 2024, for the smallest home (938 sq ft): AED 28,140
Rent contracts counted: 4,357
Rented between: Apr 1, 2025 and Mar 31, 2026

1-bed apartment: AED 98,000 a year
2-bed apartment: AED 140,000 a year
3-bed apartment: AED 200,000 a year
4-bed apartment: AED 327,500 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 98,000 ÷ AED 2,100,000 = 4.7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

We don't take off empty months, management or furnishing. How we work out yields

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

Burj Khalifa/Dubai Mall Metro Station3.1 km, 12 min driveMetro station
Mandarin Oriental5.7 km, 11 min driveBeach
Business Bay creek front2.6 km, 8 min driveWaterfront
Hartland International School1.5 km, 3 min driveSchool
Dubai International School4.3 km, 13 min driveAmerican school
JSS School4.7 km, 11 min driveIndian school
Sobha Mall (Under Construction)1.3 km, 3 min driveMall
BIOS CLINIC750 m, 12 min walkHospital
Downtown Dubai2.2 km, 8 min driveOffices
Mercedes-Benz Off-Road Experience Center250 m, 5 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Atelis

Atelis is a Meraas apartment project in Dubai Design District with one- to five-bedroom homes from AED 2,100,000 and a listed handover of July 2029. Our price check puts the from price 15% below 383 one-bedroom off-plan sales in Business Bay in the 12 months to November 2026.

Start with the price. The Dubai Land Department recorded 383 one-bedroom off-plan sales in Business Bay in the 12 months to November 2026. Our check puts the from price per square foot of Atelis 15% below their median. Ask what price per square foot your chosen unit carries.

The plan is 20% on booking, 55% during construction and 25% on handover. At the from price that is AED 420,000 on booking, AED 1,155,000 during the build and AED 525,000 on handover. The 4% Land Department fee adds AED 84,000. The listed handover of July 2029 is about two years and eight months away, and 75% of the price is paid before handover.

Homes run from one-bedroom apartments of about 938 sq ft to five-bedroom homes of up to 6,765 sq ft. The developer says the project was designed by Skidmore, Owings & Merrill, with petal-shaped balconies, and that the top homes include Sky Villas and penthouses with double-height spaces. Listed facilities include pools, co-working lounges, a gym, a children's play area, covered parking and 24-hour security.

BIOS Clinic is about 760 m away and Hartland International School about 1.5 km, a 3-minute drive. Downtown Dubai is about an 8-minute drive. The nearest metro, Burj Khalifa/Dubai Mall Metro Station, is about 3.1 km away, roughly 12 minutes by car. The ownership is listed as freehold.

The developer

Meraas

See every project by Meraas

Other projects by Meraas

Floor plans

The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.

1 BR
2 BR
3 BR
4 BR
5 BR

How prices moved

⁠

Median price of 1-bed apartments in Dubai Design District, over the 12 months to each dateUp 8% from Dec 2024 to Sep 2026.

Dec 2024AED 2,464 per sq ft

Sep 2026AED 2,671 per sq ft

Show as table

12 months to	Median price	Sales
Sep 2026	AED 2,671 per sq ft	1,749 sales
Jun 2026	AED 2,711 per sq ft	2,659 sales
Mar 2026	AED 2,658 per sq ft	3,140 sales
Dec 2025	AED 2,600 per sq ft	3,213 sales
Sep 2025	AED 2,483 per sq ft	3,255 sales
Jun 2025	AED 2,450 per sq ft	2,791 sales
Mar 2025	AED 2,500 per sq ft	2,820 sales
Dec 2024	AED 2,464 per sq ft	2,999 sales

Off-plan sales only.

Questions about this project

Who is building Atelis, and where?

Meraas. The project is in Dubai Design District.

How does the price compare with similar sales?

Our check puts the from price per square foot 15% below the median of 383 one-bedroom off-plan sales in Business Bay in the 12 months to November 2026.

How much do I pay before handover?

75% of the price. At the from price that is AED 420,000 on booking and AED 1,155,000 during the build, then AED 525,000 on handover. The 4% Land Department fee adds AED 84,000.

What sizes are on offer?

From about 938 sq ft for one bedroom to 6,765 sq ft for five bedrooms. Two-, three- and four-bedroom homes are about 1,448, 1,751 and 3,103 sq ft.

When is handover?

The listed handover is July 2029, about two years and eight months from now. Ask Meraas for a current construction update before you book.

Is there a metro nearby?

Burj Khalifa/Dubai Mall Metro Station is about 3.1 km away around 12 minutes by car.

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