Where is ELAR1S Rise by Object 1 located?

ELAR1S Rise by Object 1 is located at District 3, Jumeirah Village Triangle.

What types of property are available at ELAR1S Rise by Object 1?

Property at ELAR1S Rise by Object 1 includes studios, 1-bedroom and 2-bedroom apartments, as well as commercial spaces and offices.

How much do apartments at ELAR1S Rise by Object 1 cost?

You can buy property at Object 1 ELAR1S Rise starting from 1 200 000 AED (326 800 $) for a 1-bedroom apartment. 2-bedroom residences are priced at a minimum of 1 690 000 AED (460 200 $).

When is the expected handover date of property at ELAR1S Rise by Object 1?

Construction of apartments at Object 1 ELAR1S Rise is expected to be completed in Q3 2028.

What are the installment terms for buying an apartment at ELAR1S Rise by Object 1?

You can buy property at ELAR1S Rise by Object 1 on interest-free installment terms under a 70/30 scheme: 10% down payment, 60% during construction, and 30% upon handover.

Is it profitable to buy property at ELAR1S Rise by Object 1?

Buying property at Object 1 ELAR1S Rise at JVT is profitable due to its location in a developing family-friendly area with high rental demand, potential for value growth and affordable entry into the Dubai market. Smart-home solutions, well-thought-out layouts and premium infrastructure are welcome upgrades for apartment owners in this project.

ELAR1S Rise by Object 1 – Apartments for Sale at Jumeirah Village Triangle (JVT), Dubai

ELAR1S Rise is a new mixed-use development at District 3, Jumeirah Village Triangle, which is one of the greenest and most family-friendly areas in ‘new’ Dubai. The developer is Object 1, part of the international TSZ Group, known for its innovative architectural concepts and high-quality performance. The builder is constructing the project under the concept of “A Breath of Fresh Living” — maximum fresh air, lighting, and harmonious urban living. Object 1 ELAR1S Rise is designed in an expressive vertical composition: an underground level, a basement, five podium levels with retail and parking, two office storeys and 21 residential floors, complemented by a technical deck and a rooftop. Downstairs is metropolitan life with shops and business spaces, upstairs are private residences.

Property at ELAR1S Rise by Object 1 includes studios, one- and two-bedroom apartments, as well as retail and office units. Residential areas range from 360 sqft (33 m²) to 1,711 sqft (159 m²), allowing for a compact investment lot or spacious family accommodation. All layouts feature a balcony, which in 2-bedroom units can reach 800 sqft (74 m²), uncommon for property in Dubai. The retail premises start at 1,113 sqft (103 m²), and the offices at 1,092 sqft (101 m²). The interiors of the apartments at Object 1 ELAR1S Rise are designed in a ‘silent luxury’ concept: light, calm colours, thoughtful ergonomics, large windows, and smooth geometric lines. Each residence is equipped with a smart home automation system for convenient control of temperature, lighting and security via a smartphone or watch. There are also smart locks and keyless access to the apartments.

The project's infrastructure includes a club house on the 12th floor, as well as lounges, a children's playroom, adult and kids' pools, a terrace with sun loungers, a gym, and prayer rooms. Downstairs is an elegant lobby with a sitting area. The podium levels and the surrounding tower feature landscaped recreational areas. Separate parking spaces are provided for residents and office staff.

The location of Object 1 ELAR1S Rise at JVT offers an exceptional blend of tranquillity and excellent connectivity. Jumeirah Village Triangle is situated between Sheikh Mohammed Bin Zayed Road and Al Khail Road, which provide convenient access to the emirate's major business and tourist clusters. Dubai Marina, JBR and the commercial districts along the SZR are a 15-20 minute drive away. The trip to Downtown Dubai and Business Bay takes about 25 minutes, and to DXB and DWC International Airports — about 30 minutes. Circle Mall and City Centre Me'aisem are located in the immediate vicinity of JVT, offering supermarkets, restaurants, fitness clubs and entertainment areas for children. The Mall of the Emirates and Dubai Hills Mall are also within a short drive.

The infrastructure of Jumeirah Village Triangle is family-friendly, with green parks, walking trails, sports grounds, tennis and basketball courts, and a number of highly-rated British schools, including Arcadia School and Sunmarke School. There are hospitals and medical centres in the neighbouring clusters. Against this backdrop, property at JVT is perceived as a more peaceful alternative to the noisy tourist districts. Its investment potential is confirmed by steady demand for rentals and growth in capital value. According to industry analysts, rental rates in the area have increased by over 20% in 2024, and the gross yield on studios and one-bedroom apartments at JVT reaches 9% per annum, which is significantly higher than the average for Dubai.

Strong rental demand, a family-oriented audience and a limited number of new projects make it a promising investment for investors to buy property at Object 1 ELAR1S Rise, both in terms of profitability and potential value growth in the coming years. The starting price for a one-bedroom apartment is from 1 200 000 AED (326 800 $), and for a two-bedroom unit — from 1 690 000 AED (460 200 $). The payment plan is 70/30 with a 10% down payment. The estimated completion date is Q3 2028.