Elar1s Sky
Elar1s Sky Offered by Buy Dubai Off-Plan
Elar1s Sky

Elar1s Sky

by Object 1 in Jumeirah Village Triangle View on map Under construction

Starting price
AED 650,000
Payment plan
60/40
Handover
Q3 2029

≈ € 156,000

Project details

Starting price AED 650,000 ≈ € 156,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q3 2029 Under construction
Bedrooms Studio12
Property type
Apartment
Floor area
36 to 107 m²
Developer
Object 1
Project brochure
Free, with no obligation

The Elar1s Sky brochure

Download the brochure for Elar1s Sky of Object 1 in Jumeirah Village Triangle for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Elar1s Sky

  • Favourable payment plan with 60% during construction and 40% upon completion

  • Modern apartments with bedroom configurations from studio to 2 bedrooms

  • Prime location in the green community of Jumeirah Village Triangle

  • Spacious areas ranging from 36 m2 to 107 m2

  • Project completion is scheduled for the third quarter of 2029

Overview of Elar1s Sky in Jumeirah Village Triangle

Elar1s Sky, a visionary project by Object 1 Development, rises as a stylish and impressive beacon of modern architecture in the heart of Jumeirah Village Triangle in Dubai. The project’s name is derived from Greek and symbolises the natural elements of light and air, which perfectly aligns with the philosophy of a balanced and harmonious living environment. This is not just a residential tower, but a carefully designed vertical oasis where peace and serenity are central. The project embodies a perfect symbiosis between nature and urban amenities, allowing residents to enjoy a comprehensive lifestyle. The design is timeless and focused on creating an inclusive atmosphere where living, working, and relaxation seamlessly intertwine. The architecture is characterised by its contemporary and detailed execution, with luxurious private spaces and communal facilities that facilitate a constant connection with the outside world. Elar1s Sky offers an excellent opportunity for international investors seeking a sustainable and forward-thinking real estate investment in one of Dubai’s most promising freehold districts. The combination of a strong developer, a thoughtful masterplan, and a focus on quality of life makes this project particularly attractive. The emphasis is on creating a community where residents can flourish, with all daily necessities within easy reach. This project represents not just a home, but a complete lifestyle tailored to the needs of the modern urbanite.

Property Types and Layouts at Elar1s Sky

Elar1s Sky offers a varied selection of apartments, ranging from compact studios to spacious two-bedroom apartments, designed for diverse lifestyles and investment purposes. The areas of these residences range from 36 m2 to 107 m2, creating a diverse portfolio suitable for singles, young couples, or families. The studios are intelligently designed to offer maximum functionality and comfort within an efficient space, ideal for a first-time investment or for rental purposes. The one-bedroom apartments offer a perfect balance between space and affordability, often featuring a separate living room and a spacious bathroom. The two-bedroom apartments are particularly suitable for families or shared accommodation, offering ample privacy and living space for a comfortable existence. All residences feature visually appealing interiors optimised for space utilisation and storage, with carefully selected finishes that exude a sense of luxury and refinement. The layouts are practical and modern, with considerable attention paid to the flow of light and the connection with the surrounding nature. This makes each home not only functional but also an aesthetically pleasing living environment. The combination of different property types within one building creates a dynamic and diverse community, which increases its appeal to tenants and thereby strengthens the investment potential for international buyers.

Developer Object 1 and the Build Quality of Elar1s Sky

Object 1 Development, the renowned developer behind Elar1s Sky, is known for its commitment to quality, innovation, and delivering exceptional real estate projects in Dubai. Their philosophy is focused on creating more than just buildings; they strive to develop sustainable communities that contribute to their residents’ quality of life. The build quality of Elar1s Sky reflects this commitment, with a focus on superior materials, advanced construction techniques, and thoughtful architectural design. The tower is designed as a timeless icon with contemporary and complex architecture that is both functional and aesthetically sound. The materials used, from the concrete and glass to the finishes, are selected for their durability and visual appeal. The common areas, both private and shared, are luxuriously appointed and in direct connection with the outdoor environment, contributing to a sense of openness and space. Every detail in the building, from the clean lines and well-defined units to the landscaped podium with trees and planting, has been meticulously considered. This demonstrates a deep attention to detail and a pursuit of perfection characteristic of Object 1. For investors, this offers the assurance of a solidly built project designed for the long term, with a strong focus on value retention and potential appreciation. The developer has a proven track record, and this project is a new jewel in their portfolio.

Location and Surroundings of Elar1s Sky in Jumeirah Village Triangle

The strategic location of Elar1s Sky in Jumeirah Village Triangle (JVT) is one of the most compelling arguments for international investors. JVT is renowned as a green, sustainable, and well-connected freehold district within the Emirates, offering an impressive and continuously developing suburban environment. This community is designed with a strong focus on community life, green spaces, and a balanced lifestyle, which perfectly aligns with the needs of international residents. The immediate surroundings of the tower offer an abundance of amenities, including walking paths, parks, schools, shops, and dining options, all within easy reach. Accessibility is another major advantage; JVT is excellently connected to Dubai’s main traffic arteries, such as Sheikh Zayed Road and Al Khail Road, ensuring effortless access to the business centre, the airport, and other key destinations. The district itself has a quiet, village-like atmosphere yet offers all the amenities of a modern city. This makes it an ideal place for families and professionals who wish to avoid the city’s hustle and bustle without compromising on comfort and convenience. The presence of retail, offices, and various amenities within the complex itself further enhances this and provides an all-in-one lifestyle. Investing in Elar1s Sky means investing in a location that is not only attractive now but is expected to see its value increase further due to the ongoing development and growing popularity of Jumeirah Village Triangle.

Payment Plan for the Elar1s Sky Project

The payment plan for Elar1s Sky is specifically designed to make investments accessible and manageable, particularly for international buyers. The plan is transparent and investor-friendly, structured in two clear phases: sixty per cent of the purchase price is paid in stages during the construction period, and the remaining forty per cent is due upon the project’s final completion, scheduled for the third quarter of 2029. This structure spreads the financial commitment over a longer period, which significantly improves cash flow for investors and lowers the entry barrier. It offers the opportunity to gain a foothold in Dubai’s dynamic real estate market with a relatively small initial investment. During the construction phase, payments are linked to the progress of construction, providing additional assurance that the project is proceeding according to schedule. The final payment upon completion means that a large portion of the investment is only made when the apartment is actually completed and ready for occupancy or rental. This model is particularly attractive for investors who wish to deploy their capital efficiently and spread their risk. It also offers the possibility to monitor market developments during the construction period and potentially resell the apartment before completion. For questions about this payment plan or other financial aspects, interested parties can contact us for independent and expert advice.

Amenities

Payment plan for Elar1s Sky

60%40%
60%
During construction, in instalments
AED 390,000
≈ € 94,000
40%
After handover
AED 260,000
≈ € 62,000

Monthly payments and your own funds

How much do you need for Elar1s Sky, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 1,316

≈ € 320 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 390,000≈ € 93,600
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 260,000≈ € 62,400
Purchase costs4% DLD fee and mortgage costs
AED 30,120≈ € 7,200
Total funds required
AED 420,120≈ € 100,800
Request finance guidance for Elar1s Sky
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Elar1s Sky

Location

Jumeirah Village Triangle, Dubai Mall of the Emirates: 15 minutes · Dubai Marina: 18 minutes
Open in Google Maps

Travel times from Elar1s Sky

  • Mall of the Emirates: 15 minutes
  • Dubai Marina: 18 minutes
  • Downtown Dubai: 20 minutes
  • Dubai International Airport: 25 minutes
  • Palm Jumeirah: 20 minutes

About Object 1

Object 1 is a leading developer in Dubai, specialising in off-plan property projects. On this page, you will find a complete overview of all projects currently under development. From luxury apartments to modern villas, Object 1 offers diverse investment opportunities. One of the most talked-about projects is the recently announced Skyline Residence in Business Bay, with units starting from AED 1,200,000 and areas starting from 75 m².

In addition, Marina Heights is a popular project in Dubai Marina, where investors can benefit from sea and skyline views. Every Object 1 project is characterised by attention to detail, high-quality materials, and strategic locations. Are you interested in a specific project? Please contact us for more information.

All projects by Object 1

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.