ELARIS Rise: off-plan project in Jumeirah Village Triangle
ELARIS Rise is an off-plan residential apartment project in Jumeirah Village Triangle, registered with the Dubai Land Department as project no. 4018 and developed by Object One Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 53 off-plan sales were registered there at a median price of AED 1,263,122 (AED 1,525 per sq ft); 80% of sales fall between AED 791,751 and AED 1,605,184.
- 53off-plan sales in 12 months
- AED 1,263,122median sale price
- AED 1,525median price per sq ft
- 0%construction progress (DLD)
- September 2028end date in the register
- 214registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,525 per sq ft, ELARIS Rise is 11.1% below the median of off-plan sales across the 26 projects tracked in Jumeirah Village Triangle (AED 1,715 per sq ft), and 13.7% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 53 off-plan sales in 10 months since the first registered sale (December 2025), about 5 a month; number 17 by sales in Jumeirah Village Triangle over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end September 2028.
- Profile: the best-selling type (apartment · 1 bedroom) makes up 43.4% of sales, alongside 2 other types.
ELARIS Rise: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 4018 |
| Registered developer | Object One Real Estate Development L.L.C (developer no. 1579) |
| Master developer | Nakheel.(p J S C) |
| Community (master project) | Jumeirah Village Triangle |
| DLD area | Al Barsha South Fifth |
| Register status | pending |
| Construction progress | 0% |
| Project start | September 12, 2025 |
| Planned end | September 30, 2028 |
| Registered units | 214 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
ELARIS Rise off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 788,973.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 9 | AED 788,973 | 743,785 – 812,949 | 33 m² (355 sq ft) | AED 2,193 |
| Apartment · 1 bedroom | 23 | AED 1,160,292 | 863,249 – 1,265,470 | 66 m² (710 sq ft) | AED 1,628 |
| Apartment · 2 bedrooms | 21 | AED 1,527,940 | 1,381,599 – 1,617,603 | 112 m² (1,206 sq ft) | AED 1,272 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 1 bedroom: 43.4% of off-plan sales, with a median size of 66 m² (65 to 66 m² for 80% of them).
- Apartment · 1 bedroom: 43.4% (23 sales)
- Apartment · 2 bedrooms: 39.6% (21 sales)
- Apartment · Studio: 17% (9 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
ELARIS Rise off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,088 in Q4 2025 to AED 1,331 in Q3 2026 (-36.3%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q4 2025 | 9 | AED 2,088 | — |
| Q1 2026 | 20 | AED 1,345 | -35.6% |
| Q2 2026 | 14 | AED 1,530 | +13.8% |
| Q3 2026 | 9 | AED 1,331 | -13.1% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Jumeirah Village Triangle
To gauge the rental market around ELARIS Rise: annual rents of Ejari contracts registered in Jumeirah Village Triangle over the last 12 months (3,375 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,043 | AED 45,000 | 40,000 – 51,939 |
| Apartment · 1 bedroom | 1,313 | AED 69,477 | 60,000 – 80,000 |
| Apartment · 2 bedrooms | 460 | AED 84,750 | 75,581 – 105,000 |
| Apartment · 3 bedrooms | 50 | AED 164,000 | 122,875 – 187,500 |
| Villa / townhouse · 1 bedroom | 170 | AED 125,000 | 110,000 – 135,000 |
| Villa / townhouse · 2 bedrooms | 281 | AED 194,000 | 170,000 – 220,000 |
| Villa / townhouse · 3 bedrooms | 29 | AED 210,000 | 185,000 – 220,000 |
| Villa / townhouse · 4 bedrooms | 19 | AED 230,000 | 200,000 – 270,000 |
| Villa / townhouse · 5+ bedrooms | 10 | AED 275,000 | 245,625 – 342,827 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is ELARIS Rise?
ELARIS Rise is in Jumeirah Village Triangle (DLD area Al Barsha South Fifth), Dubai.
- Nearest metro station: Damac Properties
- Nearest shopping mall: Marina Mall
- Nearest landmark: Sports City Swimming Academy
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Jumeirah Village Triangle
- All DLD sales at ELARIS Rise (new and resale)
- Jumeirah Village Triangle property prices
- Jumeirah Village Triangle rents
- All Object One Real Estate Development L.L.C projects
Other off-plan projects in Jumeirah Village Triangle
- Binghatti Flare 02 — AED 1,724/sq ft
- Binghatti Flare 01 — AED 1,630/sq ft
- Sol Levante — AED 1,753/sq ft
- Voxa Residences — AED 1,953/sq ft
- Interstellar Tower — AED 1,715/sq ft
- ELARIS Sky — AED 1,622/sq ft
- Sky Gate Tower — AED 1,581/sq ft
- Binghatti Luxuria — AED 1,952/sq ft
More projects by Object One Real Estate Development L.L.C
- Alta View Skyhomes
- Aurelia Residence
- Essenlife Residence
- The Fifth Tower
- Ozone 1 Residence
- 1WOOD Residence
Same budget elsewhere in Dubai (around AED 1,263,122)
- Regalia, Business Bay — AED 1,257,500
- DAMAC District, DAMAC Hills — AED 1,264,600
- Forest City Tower, Majan — AED 1,254,086
- Sobha Orbis, Motor City — AED 1,266,526
- DAMAC Riverside Views - Capri 1, Dubai Investment Park Second — AED 1,254,000
- The Community - Sports Arena, Dubai Sports City — AED 1,267,500
Projects presented by Cevitas
Frequently asked questions
How much does a home at ELARIS Rise cost?
Over the last 12 months, the 53 off-plan sales registered with the DLD show a median price of AED 1,263,122, or AED 1,525 per sq ft; 80% fall between AED 791,751 and AED 1,605,184. The developer's current prices are on its price list.
When will ELARIS Rise be completed?
In the DLD project register (as of 15/06/2026), the project is "pending", 0% complete, with a planned end date of September 30, 2028. The handover date is confirmed by the developer.
Who is the developer of ELARIS Rise?
The DLD register lists Object One Real Estate Development L.L.C (developer no. 1579), in a community developed by Nakheel.(p J S C).
What unit types are sold at ELARIS Rise?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (23), apartment · 2 bedrooms (21), apartment · studio (9). Best-selling type: apartment · 1 bedroom, at a median AED 1,160,292 for 66 m².
Has the price per sq ft at ELARIS Rise changed?
The median off-plan price moved from AED 2,088 per sq ft in Q4 2025 to AED 1,331 in Q3 2026, based on DLD-registered sales.
How do I get the ELARIS Rise price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.