New homes in Electra start at AED 766,314; keys are due Jun 2027; you pay 20% to book, 50% while it is built and 30% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 35 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Electra. Their median price is AED 1,706 per sq ft (about AED 706,000 at 414 sq ft). This project's from price is AED 1,851 per sq ft (AED 766,314 for its smallest home, 414 sq ft), 9% more.
Keys
Jun 2027
The developer's handover date
Payment plan
20 / 50 / 30
20% to book, 50% while it is built, 30% at the keys
Bedrooms
Studio to 3 beds
Sizes
414 to 1,687 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 1,851 per sq ft
Similar off-plan homes: AED 1,706 per sq ft
RERA project
2881
Check it in Dubai REST, the Dubai Land Department's official app.
Built
6%
Being built. DLD register, Jun 12, 2026
Escrow account
بنك الإمارات دبي الوطني (ش.م.ع)
The bank that holds your payments
Registered homes
281
In 1 buildings
Paying for it
You pay 20% when you book, 50% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
20%
AED 153,263
Jan 2027
While it is built
25%
AED 191,579
Apr 2027
While it is built
25%
AED 191,579
Jun 2027
Keys
30%
AED 229,894
Booking payment, 20%
AED 153,263
Dubai Land Department fee (Oqood), 4%
AED 30,653
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 183,916
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.
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.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (414 sq ft) that is about AED 8,000 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 35 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Electra, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Electra sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 35 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Electra, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,706 per sq ft
AED 1,422 to AED 1,488 per sq ft
1 sale
AED 1,488 to AED 1,554 per sq ft
0 sales
AED 1,554 to AED 1,620 per sq ft
6 sales
AED 1,620 to AED 1,685 per sq ft
7 sales
AED 1,685 to AED 1,751 per sq ft
8 sales
AED 1,751 to AED 1,817 per sq ft
5 sales
AED 1,817 to AED 1,883 per sq ft
4 sales
This project's from price is in this band.
AED 1,883 to AED 1,948 per sq ft
4 sales
AED 1,422 per sq ftAED 1,948 per sq ft
This project AED 1,851 per sq ft
Half of the sales sold for AED 1,647 to AED 1,812 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 1,422 to AED 1,488 per sq ft
1
AED 1,488 to AED 1,554 per sq ft
0
AED 1,554 to AED 1,620 per sq ft
6
AED 1,620 to AED 1,685 per sq ft
7
AED 1,685 to AED 1,751 per sq ft
8
AED 1,751 to AED 1,817 per sq ft
5
AED 1,817 to AED 1,883 per sq ft
4
AED 1,883 to AED 1,948 per sq ft
4
The 3 closest sales
Picked from the 35 similar sales above, closest in size to this project's smallest home.
Feb 2025AED 732,487AED 1,647 per sq ftElectra, 445 sq ft
Oct 2024AED 798,997AED 1,796 per sq ftElectra, 445 sq ft
Oct 2026AED 726,150AED 1,608 per sq ftElectra, 452 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 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 Circle 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 766,314 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
9% above 35 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
3-bed apartment
Off-plan medianAED 2,249,000AED 1,425 per sq ft
Sales90
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
6.8%
Typical for similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 766,314 = 6.8%. 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
Dubai Internet City Metro Station5.9 km, 14 min driveMetro station
Nord Anglia International School1.8 km, 3 min driveSchool
JSS International School1.8 km, 4 min driveIndian school
Circle Mall950 m, 15 min walkMall
Mediclinic Springs4 km, 8 min driveHospital
Dubai Internet City6.3 km, 17 min driveOffices
The Els Club, Dubai Sports City3.3 km, 10 min driveGolf
Electra is a 38-floor Acube tower in Jumeirah Village Circle with studios to 3-bedroom apartments from AED 766,314 and a listed handover of June 2027. The price check puts it 8.5% above 35 similar studio sales in the same tower over the 24 months to October 2026.
Over the 24 months to October 2026, the Dubai Land Department recorded 35 studio off-plan sales in Electra itself. The price check puts the from price per square foot 8.5% above their median. It compares price per square foot, not total price.
The plan is 20% on booking, 50% during construction and 30% at handover. At the from price that is AED 153,263 on booking, AED 383,157 during the build and AED 229,894 at handover. Separately, the 4% Land Department fee comes to AED 30,653; ask when it is due. The listed handover is June 2027, about seven months away, so ask how much of the construction share is already due when you sign.
The listing gives sizes of 414 to 1,687 sq ft. The developer's description puts a studio at 445 sq ft, a one-bedroom at 741 sq ft, a two-bedroom at 1,097 sq ft and a three-bedroom at 1,698 sq ft, so check the exact size of your unit on its floor plan. Acube says every home has smart controls for lighting, temperature and security. A themed amenity floor holds a sky pool, a waterpark, an arcade, a private cinema and mini-golf, alongside a gym, a play area, a shared pool and a barbecue area.
The HealthHub JVC clinic is about 30 m away. Nord Anglia International School and JSS International School are each about 1.8 km away. The nearest metro, Dubai Internet City Metro Station, is about 14 minutes by car, and Al Sufouh beach about 18 minutes. The homes are freehold.
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
Studio
How prices moved
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
How does the price compare with earlier sales in the tower?
The from price per square foot is 8.5% above the median of 35 similar studio off-plan sales in Electra over the 24 months to October 2026.
What does each payment come to?
At the from price: AED 153,263 on booking, AED 383,157 during construction and AED 229,894 at handover. Separately, the 4% Land Department fee comes to AED 30,653; ask when it is due.
When is handover?
The listed handover is June 2027, about seven months from now. Ask Acube for a construction update.
Can foreigners buy here?
Yes. Electra is in a freehold area, so foreign buyers can own outright.
What is on the amenity floor?
A sky pool, a waterpark, an arcade, a private cinema and mini-golf, according to the developer.
Is there a clinic or school nearby?
A HealthHub clinic is about 30 m away and Nord Anglia International School about 1.8 km.
