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Project facts
Oliva Score
One card per unit type. Asking vs Oliva fair price, margin of safety, and the six-dimension score breakdown specific to that unit.
Studio
From AED 1.49M
AED 1,658/sqft · 899 sqft avg
1 BR
From AED 1.20M
AED 1,668/sqft · 827 sqft avg
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Explore the JVT (Jumeirah Village Triangle) area guide for live DLD prices, rental yields, and infrastructure context that drive the ELAR1S Sky investment case.
Also in JVT (Jumeirah Village Triangle)
Editorial coverage of JVT (Jumeirah Village Triangle) and Object 1 relevant to ELAR1S Sky.
ELAR1S Sky is a Dubai off-plan project developed by Object 1, located in JVT (Jumeirah Village Triangle).
Oliva tracks the project against Dubai Land Department transaction data, Real Estate Regulatory Agency registration records, and area-level rental evidence so investors can compare it against every other live off-plan launch on a single scorecard. Pricing, payment plan, and unit availability update as the developer files revisions with RERA and as new sales close in the surrounding cluster.
About JVT (Jumeirah Village Triangle): The residential part of Jumeirah Village Triangle consists of nine communities and features over 5,000 units. Villas, townhouses, low-rise apartments, and mid-rise apartments are set amidst landscaped promenades and quaint streets. Most of the project has been completed. However, some of the properties are still under construction. The villas and townhouses were designed using four different styles: Mediterranean, Asian, Moorish, and Spanish. Jumeirah Village Triangle is a...
The investor view above breaks the project into six scoring dimensions: Financial Value (price relative to the area benchmark), Market Dynamics (transaction volume and yield trend), Location (infrastructure and amenity access), Developer Trust (past delivery and DLD record), Risk (escrow status, payment plan exposure, project-stage risk), Macro Context (mortgage rates and population growth), and Liquidity (resale activity in the same area). Use them together to size a position rather than as a single buy/sell signal.
The following amenities are recorded in the developer's filing for ELAR1S Sky and the wider JVT (Jumeirah Village Triangle) master community. Use the live unit view above for any amenity tied to a specific tower, cluster, or sub-community.
ELAR1S Sky is developed by Object 1. Review their track record, delivered project count and Oliva developer score before signing a Sale and Purchase Agreement.
ELAR1S Sky is located in JVT (Jumeirah Village Triangle), Dubai. The investor page tracks the area's rental yields, transaction volume and 5-year price growth pulled from Dubai Land Department records so you can benchmark ELAR1S Sky against the surrounding cluster.
The published payment plan for ELAR1S Sky is 70% On Booking, 30% Post Handover. Developers occasionally file revised plans with RERA during the build, so confirm the live milestones directly on the Sale and Purchase Agreement before transferring any deposit.
ELAR1S Sky offers studio and 1-bed layouts (bedroom range 0-1). Aggregate floor-plan and starting-price information appears in the investor view above. For exact per-unit floor plans, request the developer's brochure via the lead-capture form on this page.
Off-plan projects in Dubai must be registered with the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA). Verify the project number on the DLD website before signing a Sale and Purchase Agreement, and confirm the developer holds an active escrow account for buyer payments.
Standard Dubai off-plan fees include the 4% DLD transfer fee, an Oqood (off-plan registration) fee of around AED 3,000, NOC fees from the developer (typically AED 500 to 5,000), and any agent commission agreed in the listing contract. Service charges and Mollak fees apply post-handover.
Dubai allows freehold ownership for non-resident foreign buyers in designated freehold zones, which include the majority of new off-plan launches. Title is registered in the buyer's own name at the Dubai Land Department, with no nationality restriction on resale.
Most Dubai off-plan payment plans split the price between a 10% to 20% down payment, instalments tied to construction milestones during the build (commonly 50% to 60%), and the balance on handover. Some developers offer post-handover plans that extend payments 1 to 5 years after completion.
Oliva scores every Dubai off-plan project on six dimensions: Financial Value, Market Dynamics, Location, Developer Trust, Risk, Macro Context, and Liquidity. Each dimension blends DLD transaction data, developer track record, area-level rental yields, and the project's payment plan into a single comparable score.