Dubai, United Arab Emirates
Price from
≈ $327,447AED 1,202,548Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 15,156 / m²
-23% vs the city median (Dubai), sample of 371 projects
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Data verified Aug 14, 2026price source: developer partner networkupdated 16 days ago
Properties
Condominium
Area
66 - 159 m²
Bedrooms
1 - 2
Readiness
Under construction
Available
3 of 3
Dry season
Jul, Aug, Oct
Properties
Condominium
Area
66 - 159 m²
Bedrooms
1 - 2
Readiness
Under construction
Is this expensive for the city
$4,127per m²cheaper than 75% of city projects
-23% vs the city median (Dubai), sample of 371 projects
Rate as of 2026-08-30, city data updated 2026-08-30. 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%$65,489
Step 2
On contract
17%$55,666
Step 3
Tax
4%$13,098
Step 4
Before commissioning
33%$108,057
Step 5
On transfer
30%$98,234
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$1,242
$14,908
5.7%
4.6%
$438,197
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.
| 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
Status
Under construction
Total units
3
Available
3
Area
66 - 159 m²
Properties
Condominium
Status
Under construction
Total units
3
Available
3
Area
66 - 159 m²
Description
Just three units make up ELAR1S Rise, a single-building condo project in Dubai from developer Object One Real Estate Development. Construction is currently underway, and the project sits in the Dubai region of the UAE.
Units come in 1 and 2 bedroom layouts, with sizes ranging from 66.15 to 158.93 square meters. All three units are available now, meaning every layout in the range can still be chosen. Prices start at AED 1,201,924 and go up to AED 2,408,764, with a price per square meter of AED 18,170.
The development consists of a single building, in keeping with its small scale of only 3 units total. This makes it suited to buyers looking for a compact building with a limited number of homes rather than a large multi-unit complex.
ELAR1S Rise is located in Dubai, in the Dubai region of the UAE. Beyond the size, price and construction status noted above, no further details on the property are currently on record.
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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