# Elaris Rise

Elaris Rise is a project by Object One Real Estate Development L.L.C, recorded at 2% complete at its last Dubai Land Department inspection. 60 sales registered in the trailing 12 months at a median AED 1.27M (1 533 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Object One Real Estate Development L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 2% | DLD verified |
| Registered with DLD | 7 Oct 2025 | DLD verified |
| Construction started | 15 Oct 2025 | DLD verified |
| Declared completion | 30 Sep 2028 | DLD verified |
| Units in the project | 214 | DLD verified |
| Project area | 17 311 sqm | DLD verified |
| Escrow agent | Abu Dhabi Islamic Bank | DLD verified |
| Project number | 4018 | DLD verified |

Elaris Rise is a project by Object One Real Estate Development L.L.C, recorded at 2% complete at its last Dubai Land Department inspection. 60 sales registered in the trailing 12 months at a median AED 1.27M (1 533 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.27M | — |
| Interquartile range | AED 1.09M – AED 1.58M | |
| Median price per sqft | 1 533 AED | — |
| Registered sales, 12 months | 60 | — |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 9 | AED 789k | 2 193 | 360 sqft | — | — |
| 1-bedroom apartments | 23 | AED 1.16M | 1 628 | 712 sqft | — | — |
| 2-bedroom apartments | 20 | AED 1.53M | 1 272 | 1 201 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Aug 2026 | 5 | 1 239 | 1 230 – 1 331 |
| Jul 2026 | 2 | insufficient data | |
| Jun 2026 | 3 | insufficient data | |
| May 2026 | 2 | insufficient data | |
| Apr 2026 | 9 | 1 542 | 1 519 – 1 674 |
| Mar 2026 | 5 | 1 347 | 1 286 – 1 542 |
| Feb 2026 | 2 | insufficient data | |
| Jan 2026 | 13 | 1 343 | 1 150 – 1 800 |
| Dec 2025 | 9 | 2 088 | 1 800 – 2 170 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/elaris-rise/  
**Suggested citation:** Continental Club Property, "Elaris Rise", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/elaris-rise/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.