New homes in ELAR1S Axis start at AED 698,000; keys are due Sep 2028; you pay 10% to book, 60% while it is built and 30% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 343 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Triangle. Their median price is AED 1,815 per sq ft (about AED 926,000 at 510 sq ft). This project's from price is AED 1,369 per sq ft (AED 698,000 for its smallest home, 510 sq ft), 25% less.
Keys
Sep 2028
The developer's handover date
Payment plan
10 / 60 / 30
10% to book, 60% while it is built, 30% at the keys
Bedrooms
Studio to 1 bed
Sizes
510 to 1,054 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.
Dubai Land Department register
From price per sq ft
AED 1,369 per sq ft
Similar off-plan homes: AED 1,815 per sq ft
RERA project
4212
Check it in Dubai REST, the Dubai Land Department's official app.
Built
2%
Being built. DLD register, Nov 11, 2026
Completion on the register
Nov 2028
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
مصرف ابوظبى الاسلامى
The bank that holds your payments
Registered homes
171
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 60% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 69,800+ AED 27,920 DLD fee
AED 97,720
Feb 2027While it is built · 8.6%
While it is built
8.6%
AED 59,829
AED 157,549
May 2027While it is built · 8.6%
While it is built
8.6%
AED 59,828
AED 217,377
Jul 2027While it is built · 8.6%
While it is built
8.6%
AED 59,829
AED 277,206
Oct 2027While it is built · 8.6%
While it is built
8.6%
AED 59,828
AED 337,034
Jan 2028While it is built · 8.6%
While it is built
8.6%
AED 59,829
AED 396,863
Apr 2028While it is built · 8.6%
While it is built
8.6%
AED 59,828
AED 456,691
Jun 2028While it is built · 8.6%
While it is built
8.6%
AED 59,829
AED 516,520
Sep 2028Keys · 30%
Keys
30%
AED 209,400
AED 725,920
Booking payment, 10%
AED 69,800
Dubai Land Department fee (Oqood), 4%
AED 27,920
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 97,720
Total costPrice plus the DLD fee
AED 725,920
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
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
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. Ask Object One Real Estate Development for the estimate.
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 343 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Triangle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in ELARIS AXIS sold in 24 months, so we compare with off-plan sales across Jumeirah Village Triangle.
Dubai Land Department recorded 343 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Triangle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,815 per sq ft
AED 1,050 to AED 1,194 per sq ft
1 sale
AED 1,194 to AED 1,338 per sq ft
5 sales
AED 1,338 to AED 1,481 per sq ft
21 sales
This project's from price is in this band.
AED 1,481 to AED 1,625 per sq ft
38 sales
AED 1,625 to AED 1,769 per sq ft
74 sales
AED 1,769 to AED 1,913 per sq ft
89 sales
AED 1,913 to AED 2,056 per sq ft
102 sales
AED 2,056 to AED 2,200 per sq ft
13 sales
AED 1,050 per sq ftAED 2,200 per sq ft
This project AED 1,369 per sq ft
Half of the sales sold for AED 1,681 to AED 1,979 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,050 to AED 1,194 per sq ft
1
AED 1,194 to AED 1,338 per sq ft
5
AED 1,338 to AED 1,481 per sq ft
21
AED 1,481 to AED 1,625 per sq ft
38
AED 1,625 to AED 1,769 per sq ft
74
AED 1,769 to AED 1,913 per sq ft
89
AED 1,913 to AED 2,056 per sq ft
102
AED 2,056 to AED 2,200 per sq ft
13
The 3 closest sales
Picked from the 343 similar sales above, closest in size to this project's smallest home.
Feb 2026AED 820,894AED 1,582 per sq ftELARIS SKY, 519 sq ft
Jan 2026AED 879,900AED 1,761 per sq ftVoxa Residences, 500 sq ft
Jan 2026AED 755,141AED 1,511 per sq ftAzha Millennium Residences, 500 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 Jumeirah Village Triangle 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
Studio apartmentFrom AED 698,000 here
Off-plan medianAED 785,000AED 1,953 per sq ft
Sales1,337
25% below 343 similar sales
1-bed apartment
Off-plan medianAED 1,259,000AED 1,633 per sq ft
Sales1,896
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
7%
Typical gross yield of similar ready homes
8.6%
Median rent of studio apartments in Jumeirah Village Triangle
AED 49,000 a year
Rent contracts counted
734
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 49,000 a year
1-bed apartment
AED 75,000 a year
There is no DLD service charge for this project or its area, so we leave out the service charge and the net yield.
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 49,000 ÷ AED 698,000 = 7%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
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
Jumeirah Golf Estates Metro Station2.3 km, 5 min driveMetro station
Dubai British School Emirates Hills2.3 km, 5 min driveSchool
Arcadia Global School2.6 km, 9 min driveBritish school
Emirates International School - Meadows3.9 km, 8 min driveIB school
Delhi Private School5.5 km, 10 min driveIndian school
ELAR1S Axis is an Object One Real Estate Development building in Jumeirah Village Triangle, with studios and one-bedroom apartments from AED 698,000 and the listed handover in September 2028. Its from price per square foot is 25% below 343 similar studio sales in Jumeirah Village Triangle over the 12 months to November 2026.
The price check compares price per square foot, not total price. The 343 studio sales behind it are across Jumeirah Village Triangle, not in this building alone. Ask which unit the AED 698,000 price belongs to, and its size.
You pay 10% on booking, 60% during construction and 30% at handover. At the from price that is AED 69,800 on booking, AED 418,800 during construction and AED 209,400 at handover. Separately, the 4% DLD fee comes to AED 27,920; ask when it is due. Ask for the dated payment schedule for the 60% construction stage.
The building mixes homes with commercial space. Studios are about 510 sq ft and one-bedroom apartments about 642 sq ft, within a listed range of 510 to 1,054 sq ft, so check the floor plans for the unit you want. Residents get a gym, a shared pool, a children's pool, a play area, covered parking, a lobby and 24-hour security.
A polyclinic is about 670 m away and Jumeirah Golf Estates Metro Station about 2.3 km, around 5 minutes by car. Dubai British School Emirates Hills is about 2.3 km away, Arcadia Global School about 2.6 km and Emirates International School - Meadows about 3.9 km. Jumeirah Lakes Towers is about 13 minutes by car and JBR beach about 11 minutes.
