Developer: Object 1 Development · JVT District 3

Elaris Rise

Elaris Rise is a residential project by Object 1 Development in JVT District 3, Dubai, with handover Q3 2028, construction 1.7% complete per the DLD registry, 214 units, 62 DLD-registered sales since 2013.

HandoverQ3 2028Developer supplied
Construction1.7%DLD registry · checked 30.07.2026
Units214DLD registry
DLD sales62 since 2013DLD registry
Median sale priceAED 16 897/m²Our calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeUnitsTypical size, sq.ft
Studio18360
1 Bedroom138703–713
2 Bedroom421 201
Other units161 108–3 115

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

1.68%
  • StatusActive
  • Construction started12.09.2025
  • HandoverQ3 2028
  • Status date30.07.2026
  • Progress between DLD inspections+1.66% (23.04.2026 → 30.07.2026)
  • Escrow bankADIB
  • DLD project number4018

Data from the Dubai Land Department project registry (updated 11.10.2026 09:55).

Inspection history 3
025507510021.08.202530.07.2026
Actual, per inspections

Pace: 0.15% per month. At this rate 100% falls on 14.07.2081.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 12
30.07.2026 1.68%
Elaris Rise, JVT District 3 construction progress — 30 July 2026, 1.68% complete, photo 1 of 4Elaris Rise, JVT District 3 construction progress — 30 July 2026, 1.68% complete, photo 2 of 4Elaris Rise, JVT District 3 construction progress — 30 July 2026, 1.68% complete, photo 3 of 4Elaris Rise, JVT District 3 construction progress — 30 July 2026, 1.68% complete, photo 4 of 4
23.04.2026 0.02%
Elaris Rise, JVT District 3 construction progress — 23 April 2026, 0.02% complete, photo 1 of 4Elaris Rise, JVT District 3 construction progress — 23 April 2026, 0.02% complete, photo 2 of 4Elaris Rise, JVT District 3 construction progress — 23 April 2026, 0.02% complete, photo 3 of 4Elaris Rise, JVT District 3 construction progress — 23 April 2026, 0.02% complete, photo 4 of 4
21.08.2025 0.00%
Elaris Rise, JVT District 3 construction progress — 21 August 2025, 0.00% complete, photo 1 of 4Elaris Rise, JVT District 3 construction progress — 21 August 2025, 0.00% complete, photo 2 of 4Elaris Rise, JVT District 3 construction progress — 21 August 2025, 0.00% complete, photo 3 of 4Elaris Rise, JVT District 3 construction progress — 21 August 2025, 0.00% complete, photo 4 of 4

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
07.10.20262 BR111.61 640 390
21.09.20261 BR66.21 160 292
14.09.20261 BR66.21 261 183
27.08.20262 BR111.61 477 421
27.08.20262 BR111.61 488 087
20.08.20261 BR66.21 270 600
10.08.20262 BR111.61 598 002
05.08.20262 BR111.61 478 153
31.07.20262 BR111.61 582 951
02.07.20261 BR66.21 037 319
17.06.20262 BR111.61 424 470
17.06.20262 BR111.61 424 932
11.06.20262 BR111.61 527 444
22.05.20262 BR111.61 606 979
12.05.20261 BR65.31 240 328
30.04.2026Studio33.4794 781
28.04.20261 BR66.21 097 876
23.04.20262 BR111.61 670 351
20.04.20261 BR66.21 193 260
17.04.20262 BR111.61 572 637
17.04.20261 BR66.21 118 385
17.04.20261 BR66.21 193 260
14.04.20261 BR66.21 081 853
14.04.20261 BR66.21 097 876
26.03.20262 BR111.61 527 940
25.03.2026Studio33.4716 239
16.03.20262 BR111.61 544 606
16.03.20261 BR66.21 097 752
05.03.20262 BR111.61 617 603
09.02.20261 BR66.21 134 472
03.02.2026145.43 638 532
03.02.20261 BR66.2819 732
30.01.20262 BR111.61 613 779
30.01.20262 BR111.61 381 150
30.01.20261 BR66.2819 283
28.01.20261 BR66.21 192 959
28.01.20261 BR65.31 263 122
27.01.20261 BR65.31 265 470
27.01.2026Studio33.4788 973
26.01.20262 BR111.61 381 599
20.01.20262 BR111.61 381 599
19.01.20261 BR65.31 265 470
19.01.2026164.03 669 560
12.01.2026141.23 159 353
12.01.2026104.32 334 717
07.01.20261 BR66.2819 283
06.01.2026175.93 141 101
06.01.20262 BR111.61 613 255
05.01.2026Studio33.4812 709
29.12.2025Studio33.4773 213

Dubai Land Department transaction registry, updated 10.10.2026. Explore Dubai property transactions →

Registered transactions in Elaris Rise

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

62deals since 2013
16 897AED per m², median
2%resale, the rest bought from the developer

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio33788 97323 9089
1 bedroom661 160 29217 58023
2 bedrooms1121 527 94013 64221

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Elaris Rise worth?

DLD has recorded 62 sales in this building since 2013, 1 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Amenities

  • Sky Infinity Pool
  • Clubhouse
  • Outdoor Lounge
  • Prayer Rooms
  • Gym
  • Kids Pool
  • Kids Play Room
  • Lobby
  • Swimming Pool
  • Pool Deck with Sun Loungers

Places nearby

Elaris Rise

About the project

Elaris Rise is an active residential project by Object 1 Development in District 3 of Jumeirah Village Triangle. The one-building development has 214 units and includes residential, retail and office components. Its recorded completion ratio is 2%, with handover anticipated in Q3 2028.

The project and building configuration

Elaris Rise is planned as a single building in JVT District 3. Its stated configuration is B+G+5P+2(O)+21+MF+R, comprising a basement, ground level, five podium levels, office space, residential levels, a mezzanine floor and a rooftop level. The scheme includes retail and office components alongside its residences. Retail is indicated at ground-floor level, while parking is assigned across the basement and podium levels. The upper amenity level is located on floor 12, and the Sky Infinity Pool and amenities are positioned above the residential floors. The development is described with sustainable design, landscaped green surroundings and spaces intended for living, working and gathering.

Apartments at Elaris Rise

The residential collection at Elaris Rise includes studios, one-bedroom apartments and two-bedroom apartments. The project’s registered total is 214 units. The apartment concept is presented with open layouts, living areas, kitchens, storage space, balconies and floor-to-ceiling windows. Residential floors are indicated from floors 13 to 24, with the amenity level on floor 12. Elaris Rise also incorporates retail and offices within the building, separating these uses from the residential levels. The development is located in Jumeirah Village Triangle, a community positioned at the junction of Sheikh Mohammed Bin Zayed Road and Al Khail Road.

Amenities and shared spaces

The amenities at Elaris Rise include a Sky Infinity Pool, a swimming pool, a kids’ pool and a pool deck with sun loungers. Residents also have access to a gym, clubhouse, outdoor lounge, lobby, prayer rooms and a kids’ play room. The main amenity arrangement is identified on floor 12, where the clubhouse, outdoor lounge, gym, swimming pool, kids’ pool, pool deck and kids’ play room are located. The rooftop level accommodates the Sky Infinity Pool and further amenities. These facilities sit within a building that also includes residential, retail, office and parking components.

JVT District 3 location

Elaris Rise is in District 3, Jumeirah Village Triangle. Jumeirah Village Triangle is located at the junction of Sheikh Mohammed Bin Zayed Road, E311, and Al Khail Road, E44. The location is connected to central areas of Dubai and is positioned near Jumeirah Islands, Palm Jumeirah and Palm Jebel Ali. Mövenpick Hotel JVT and Novotel JVT are each listed at 2 minutes from the project, while Circle Mall is listed at 15 minutes. Dubai Miracle Garden is listed at 9 minutes, Dubai Hills Mall at 17 minutes and Mall of the Emirates at 15 minutes. Palm Jumeirah is listed at 22 minutes and The Walk JBR at 20 minutes.

Schools, golf and local destinations

The nearby destinations listed for Elaris Rise include Sunmarke School at 2 minutes, JSS International School at 12 minutes, GEMS Founders School at 15 minutes and Arcadia School at 18 minutes. Montgomerie Golf Course is listed at 17 minutes and Jumeirah Golf Estates Golf Course at 15 minutes. City Centre Meaisem is listed at 11 minutes, while FIVE Jumeirah Village Hotel is listed at 15 minutes. Motiongate Theme Park is listed at 5 minutes, Legoland Dubai at 27 minutes and Dubai Miracle Garden at 9 minutes. JVT District 3 Park is 0.2 km away, with JVT District 9 Park 2 and JVT District 2 Park each 0.5 km away.

Construction progress and handover

Elaris Rise has active project status and a recorded completion ratio of 2%. The project completion date is recorded as 30 September 2028, aligning with the anticipated Q3 2028 handover. The development has one building and 214 registered units. Its construction configuration includes a basement, ground floor, five podium levels, office space, 21 levels, a mezzanine floor and a rooftop level. The planned uses within the building include retail, offices, parking, residences and amenity areas. The Sky Infinity Pool and rooftop amenities form part of the planned upper levels of the project.

Developer and anticipated service charge

Object 1 Development is developing Elaris Rise in Jumeirah Village Triangle District 3. The project is a 214-unit, one-building development with studios, one-bedroom apartments and two-bedroom apartments, as well as retail and office components. Its anticipated handover is Q3 2028. An anticipated service charge of AED 15 per sq. ft. is stated for the project. The building includes five podium levels assigned to parking, with retail at ground level and offices within the scheme. Payment-plan information can be requested directly from the sales team.

Service charge: what to expect

The building is still under construction, so it has no RERA-approved budget yet — that comes after handover. The figures below are what already-completed buildings in the area pay.

Area median18.40 AEDper sq ft per year · 198 AED/m²
Range in the area14.18 – 24.24AED per sq ft · 21 buildings
A 1,000 sq ft unit≈ 18,400 AEDper year at the median · ≈ $5,010
vs Dubai median▲ +14.9%Dubai 16.01 AED/sq ft

Check the charge for a specific building →

Median across 21 completed buildings in JVT District 3 for 2026, from the DLD service charge index (Mollak). This is an area benchmark, not this project’s rate: RERA approves that after handover and it may land either side of the median.

Frequent questions

Who is the developer of Elaris Rise?
Elaris Rise is being developed by Object 1 Development.
Where is Elaris Rise located?
Elaris Rise is located in District 3, Jumeirah Village Triangle, near the junction of Sheikh Mohammed Bin Zayed Road and Al Khail Road.
What apartment types are available at Elaris Rise?
The project includes studios, one-bedroom apartments and two-bedroom apartments.
How many units are in Elaris Rise?
Elaris Rise has 214 registered units in one building.
When is Elaris Rise expected to hand over?
Handover is anticipated in Q3 2028. The recorded completion date is 30 September 2028.
What is the construction status of Elaris Rise?
Elaris Rise has active status and a recorded completion ratio of 2%.
What amenities does Elaris Rise have?
Amenities include a Sky Infinity Pool, swimming pool, kids’ pool, gym, clubhouse, outdoor lounge, prayer rooms, lobby and kids’ play room.
What is near Elaris Rise?
Mövenpick Hotel JVT and Novotel JVT are listed at 2 minutes, while Circle Mall is listed at 15 minutes. JVT District 3 Park is 0.2 km away.
What is the anticipated service charge at Elaris Rise?
The anticipated service charge is AED 15 per sq. ft.
How can I buy an apartment in Elaris Rise?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Elaris Rise — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-08, https://continentalclub.ae/project/elaris-rise-jvt-district-3/