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 Oct 19, 2026, Dubai Land Department recorded 405 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Triangle. Their median price is AED 1,831 per sq ft (about AED 934,000 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
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 1,369 per sq ft
Similar off-plan homes: AED 1,831 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 10% when you book, 60% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 69,800
Feb 2027
While it is built
8.6%
AED 59,829
May 2027
While it is built
8.6%
AED 59,829
Jul 2027
While it is built
8.6%
AED 59,829
Oct 2027
While it is built
8.6%
AED 59,829
Jan 2028
While it is built
8.6%
AED 59,829
Apr 2028
While it is built
8.6%
AED 59,829
Jun 2028
While it is built
8.6%
AED 59,829
Sep 2028
Keys
30%
AED 209,400
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
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.
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 405 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Triangle, 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 Jumeirah Village Triangle, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 405 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Triangle, 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 1,831 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
3 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
40 sales
AED 1,625 to AED 1,769 per sq ft
86 sales
AED 1,769 to AED 1,913 per sq ft
106 sales
AED 1,913 to AED 2,056 per sq ft
131 sales
AED 2,056 to AED 2,200 per sq ft
17 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 1,687 to AED 1,988 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
3
AED 1,338 to AED 1,481 per sq ft
21
AED 1,481 to AED 1,625 per sq ft
40
AED 1,625 to AED 1,769 per sq ft
86
AED 1,769 to AED 1,913 per sq ft
106
AED 1,913 to AED 2,056 per sq ft
131
AED 2,056 to AED 2,200 per sq ft
17
The 3 closest sales
Picked from the 405 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
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 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 405 similar sales
1-bed apartment
Off-plan medianAED 1,259,000AED 1,633 per sq ft
Sales1,896
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
7%
Typical for 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
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 405 similar studio sales in Jumeirah Village Triangle over the 12 months to October 2026.
The price check compares price per square foot, not total price. The 405 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.
