Dubai, United Arab Emirates
Price from
≈ $350,753AED 1,288,140Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 17,911 / m²
-9% vs the city median (Dubai), sample of 371 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
68 - 152 m²
Bedrooms
1
Readiness
Under construction
Available
3 of 3
Dry season
Jul, Aug, Oct
Properties
Condominium
Area
68 - 152 m²
Bedrooms
1
Readiness
Under construction
Is this expensive for the city
$4,877per m²cheaper than 60% of city projects
-9% 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%$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.
| 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
68 - 152 m²
Properties
Condominium
Status
Under construction
Total units
3
Available
3
Area
68 - 152 m²
Description
Object One Real Estate Development is building ELAR1S Sky by Object1 in Dubai, currently under construction. The project consists of a single building with 3 units in total, and all 3 remain available, meaning the entire layout range is still open to buyers.
Every unit in the building is a one-bedroom layout. Sizes range from 68.31 to 151.97 square meters, so buyers can choose between a compact one-bedroom and a considerably larger version within the same bedroom count.
Prices start at AED 1,288,140 and go up to AED 2,721,938, with an average price per square meter of AED 18,857. The price range corresponds to the spread in unit sizes across the building.
The development sits in the Dubai region of the United Arab Emirates. It suits buyers looking specifically for a one-bedroom unit in a new building from Object One Real Estate Development, still at the construction stage with a limited count of 3 units.
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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