ELAR1S SKY
Apartments

ELAR1S Sky

ELARIS Sky is the taller of Object 1's two ELARIS towers in Jumeirah Village Triangle, standing in District 3 with studios of about 390 sq ft, 1-bedroom layouts near 714 sq ft and 2-bedroom apartments around 1,152 sq ft. Handover is set for Q4 2028 on a 70/30 schedule.
Developer
Object 1
Project location
Jumeirah Village Triangle (JVT), Dubai
Launch
Q4 2025
Handover
Q4 2028
Payment plan
20% On Booking, 50% During Construction, 30% On Handover
Expected ROI
8
1 201 227 AED ≈ 324 331 USD

ELARIS Sky is the taller of the two ELARIS towers Object 1 is building in Jumeirah Village Triangle, and the one that carries 2-bedroom apartments alongside the studios and 1-beds. In this part of Dubai that is not a minor specification detail. It changes who ends up living in the building, how long they stay, and what the apartment is worth to the next buyer.

The 2-bedroom changes the tenant

A tower of studios and 1-bedrooms rents to single professionals and couples, and that market moves constantly. Tenancies are short, people upgrade or leave the country, and an owner budgets for turnover as a normal cost. A 2-bedroom apartment reaches a different household: a small family, or a couple who need a second room to work from. Those tenants sign for longer and move less, which is worth real money over a decade of ownership.

Jumeirah Village Triangle is set up to serve them. The district has its own schools, Sunmarke and Arcadia among them, its streets are lined with villas and townhouses rather than towers, and there are parks and small retail parades within walking distance. A family can function here without leaving the district on a weekday. The trade is on the other side of the transaction: 2-bedroom apartments have a narrower buyer pool at resale than studios do, because the investor market that drives volume in this belt mostly wants the smallest unit it can get.

A tall building on the rim of a low-rise district

JVT was laid out around clusters of villas and townhouses, with the apartment plots placed along the outer roads rather than through the middle. The practical effect is unusual for Dubai: an upper floor here looks across rooftops and open streets toward the Marina skyline instead of into the facade of the next tower. That is the opposite of the experience in neighbouring JVC, where towers face each other across narrow gaps.

The same layout explains the district’s drawbacks. Low-rise streets mean lower density, which means fewer shops, cafés and services per square kilometre than a tower district generates, and a car for most errands. JVT trades convenience for quiet, quite deliberately.

Two ELARIS towers, three months apart

Object 1 is delivering ELARIS Axis in District 1 one quarter ahead of this one, and the pair are worth reading against each other before choosing either. Axis is the smaller building with no 2-bedroom stock; Sky is taller, sits in District 3, and opens at a lower entry figure while reaching higher at the top of its range. Two towers from one developer, a kilometre apart, completing within months of one another, will compete directly for the same tenants.

The schedule here runs 20% at booking and 50% across construction, with the final 30% at handover, and a post-handover variant is available that spreads that last portion after the keys. Which version is taken matters more than the headline split, since one commits the money at completion and the other does not. Gorilla Real Estate Dubai holds the schedules currently open on both towers and can work out what the difference costs across the full term.

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Project location

Area
Dubai
Latitude
25.041564° N
Longitude
55.185964° E
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Key destinations

Dubai International Airport
DXB Airport

The world's busiest international airport — seamless global connectivity for residents and investors.

Burj Khalifa
Burj Khalifa

The world's tallest tower at 828 m — the defining icon and address benchmark of Downtown Dubai.

Atlantis, The Palm
Atlantis

The landmark resort at the crown of Palm Jumeirah — a world-class destination in its own right.

The Dubai Mall
Dubai Mall

The world's most-visited mall — 1,200+ stores, a giant aquarium, and iconic Dubai Fountain views.

Ain Dubai
Ain Dubai

The world's tallest observation wheel at 250 m, with sweeping 360° views from Bluewaters Island.

Mall of the Emirates
Mall of the Emirates

Home to Ski Dubai — the region's first indoor ski slope — with 600+ retail and dining options.

Souk Madinat Jumeirah
Souk Madinat Jumeirah

A luxury waterway souk with boutiques and acclaimed dining, framed by the Burj Al Arab.

Burj Al Arab
Burj Al Arab

The world's most iconic luxury hotel — a sail-shaped symbol of Dubai's ultra-premium hospitality.

About Jumeirah Village Triangle (JVT)

Jumeirah Village Triangle sits adjacent to JVC within the same master-planned corridor — a lower-density alternative with a larger proportion of villas and townhouses relative to its more densely developed neighbour. Families and professionals seeking more space at mid-market pricing drive rental demand here. Off-plan investments in JVT offer a slightly longer appreciation timeline than JVC but with less competition from new supply and a more stable tenant base. For investors building a diversified Dubai portfolio, JVT provides villa-segment exposure at a price point that freehold villa communities closer to the coast no longer offer.

Nearby areas

Wasl Gate
Wasl Gate
2.4 km

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