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Atelis, Dubai Design District: photos

Off-planKeys Jul 2029

Atelis

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 Oct 19, 2026, Dubai Land Department recorded 401 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Business Bay. Their median price is AED 2,633 per sq ft (about AED 2,470,000 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

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

Dubai Land Department register

From price per sq ft
AED 2,239 per sq ft
Similar off-plan homes: AED 2,633 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. Ask us for 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.

WhenStageShareAmount
NowBooking20%AED 420,000
Mar 2027While it is built6.9%AED 144,375
Jun 2027While it is built6.9%AED 144,375
Oct 2027While it is built6.9%AED 144,375
Jan 2028While it is built6.9%AED 144,375
May 2028While it is built6.9%AED 144,375
Aug 2028While it is built6.9%AED 144,375
Dec 2028While it is built6.9%AED 144,375
Mar 2029While it is built6.9%AED 144,375
Jul 2029Keys25%AED 525,000
By May 2028 you will have paid AED 1,141,875, 54.4% of the price.Still to pay: AED 958,125.
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
  • 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.

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.
Buildings in this area paid a median of AED 30 per sq ft a year in 2024, from 36 buildings on the Dubai Land Department register. For the smallest home (938 sq ft) that is about AED 28,000 a year.
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 401 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 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.

Dubai Land Department recorded 401 off-plan sales of 1-bed apartments of 931 sq ft to 1,397 sq ft in Business Bay, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 2,633 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 2,275 to AED 2,945 per sq ft

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

Show as table
Price per sq ftSales
AED 1,201 to AED 1,506 per sq ft1
AED 1,506 to AED 1,812 per sq ft8
AED 1,812 to AED 2,117 per sq ft41
AED 2,117 to AED 2,423 per sq ft96
AED 2,423 to AED 2,728 per sq ft86
AED 2,728 to AED 3,034 per sq ft82
AED 3,034 to AED 3,339 per sq ft61
AED 3,339 to AED 3,644 per sq ft26

The 3 closest sales

Picked from the 401 similar sales above, closest in size to this project's smallest home.

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

Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. 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.

TypeOff-plan medianSalesAgainst similar sales
1-bed apartmentFrom AED 2,100,000 hereOff-plan medianAED 2,291,000AED 2,671 per sq ftSales1,74915% below 401 similar sales
2-bed apartmentOff-plan medianAED 3,570,000AED 2,691 per sq ftSales953
3-bed apartmentOff-plan medianAED 5,829,000AED 3,046 per sq ftSales219
4-bed apartmentOff-plan medianAED 12,289,000AED 3,094 per sq ftSales33
5-bed apartmentOff-plan medianToo few sales for a medianSales11

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price
4.7%
Typical for similar ready homes
7%
Median rent of 1-bed apartments in Dubai Design District
AED 98,000 a year
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.

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, 4 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 401 one-bedroom off-plan sales in Business Bay in the 12 months to October 2026.

Start with the price. The Dubai Land Department recorded 401 one-bedroom off-plan sales in Business Bay in the 12 months to October 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.

Floor plans

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

  • 1 BR
  • 2 BR
  • 3 BR
  • 4 BR
  • 5 BR

Atelis: floor plans

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 toMedian priceSales
Sep 2026AED 2,671 per sq ft1,749 sales
Jun 2026AED 2,711 per sq ft2,659 sales
Mar 2026AED 2,658 per sq ft3,140 sales
Dec 2025AED 2,600 per sq ft3,213 sales
Sep 2025AED 2,483 per sq ft3,255 sales
Jun 2025AED 2,450 per sq ft2,791 sales
Mar 2025AED 2,500 per sq ft2,820 sales
Dec 2024AED 2,464 per sq ft2,999 sales

Off-plan sales registered with the Dubai Land Department.

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 401 one-bedroom off-plan sales in Business Bay in the 12 months to October 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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