Dubai, United Arab Emirates
Price from
≈ $350,753AED 1,288,140Rate as of 2026-10-13
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 17,911 / m²
-10% vs the city median (Dubai), sample of 372 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago
Properties
Condominium
Area
68 - 152 m²
Bedrooms
1
Completion
Q4 2028
Readiness
Under construction
Dry season
Jul, Aug, Oct
Properties
Condominium
Area
68 - 152 m²
Bedrooms
1
Completion
Q4 2028
Is this expensive for the city
$4,877per m²cheaper than 60% of city projects
-10% vs the city median (Dubai), sample of 372 projects
Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
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What it really costs
Payment plan
Step 1
On booking
20%$70,151
Step 2
Tax
4%$14,030
Step 3
Before commissioning
50%$175,376
Step 4
On transfer
5%$17,538
Step 5
After transfer
25%$87,688
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$1,326
$15,917
5.7%
4.5%
$469,387
57%
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When is the season here
Driest months: Jul, Aug, Oct
Wettest months: Jan, Mar, Dec
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 17 |
| Feb | 20.8 | 8 |
| Mar | 23.3 | 16 |
| Apr | 26.9 | 9 |
| May | 30.7 | 4 |
| Jun | 33.1 | 4 |
| Jul | 35.0 | 1 |
| Aug | 35.4 | 1 |
| Sep | 33.5 | 2 |
| Oct | 30.7 | 1 |
| Nov | 26.5 | 8 |
| Dec | 22.5 | 14 |
Source: NASA POWER, climate normal (2001-2020). Grid node 25.0, 55.2. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Completion
Q4 2028
Status
Under construction
Area
68 - 152 m²
Properties
Condominium
Completion
Q4 2028
Status
Under construction
Area
68 - 152 m²
Description
Object One Real Estate Development is building ELAR1S Sky by Object1 in Dubai, UAE, with completion planned for December 2028.
The project offers one-bedroom units ranging from 68.31 to 151.97 sqm, covering both compact and larger layouts within the same bedroom count.
Prices start at AED 1,288,140 and go up to AED 2,721,938, with a price per square meter of AED 17,911. The spread in price and area gives buyers room to match a unit to a specific budget and size within the one-bedroom range.
The project is currently under construction, with handover scheduled for December 2028.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Location
Dubai, United Arab Emirates
Market context
Apartment prices
20%
Villa prices
29%
Residential transactions
56,723transactions
+16% YoY
Average apartment rent
AED 107,000
+8.5% YoY
Price per sqm
AED 1,600
+8% YoY
Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.
Sources (6) · updated 21/08/2026
- Property prices in Dubai continue upward trend in 2025
- UAE Q3 Real Estate Market Review 2025: Economic Growth Fuels Demand as Supply Stays Tight
- UAE Branded Residences Report 2025 | CBRE
- Dubai Real Estate Market Analysis - October 2025 | Price Trends & Forecast - Off Plan Bazaar
- Dubai real estate set for sustained growth in 2025 amid rising global demand: Knight Frank - Finance Middle East
- Destination Dubai 2025: Dubai Real Estate Market Outlook for Global Investors
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