Elaris Axis

1. Is it on schedule?2% built in November 2026 against a November 2028 handover: 98% left to build in 24 months · DLD project register, Nov 20262%Context
2. Is my money protected?Payments go to an escrow account at مصرف ابوظبى الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,911/sqft over 3 off-plan sales; too few sales to compare1,911Context
4. Is it selling?3 off-plan sales registered in the last 12 months, of 70 units; the latest on 27 Oct 20263Context
5. Who is building it?Object One, licence no. 1579; 4 of its 24 dated pending projects are past their registered dates17%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a pending project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

مصرف ابوظبى الاسلامى

Developer, as licensed

OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C (no. 1579)

Master developer

Nakheel

Registered start

January 2026

Configuration

B + G + 5P + 18 + R Mixed Use Building

Construction progress is the percentage DLD recorded in its project register as of November 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 2 Nov 2026.

When is Elaris Axis handed over?

The developer registered handover for November 2028, 24 months after DLD’s latest record, and the project was 2% built as of November 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of November 2026.

How far along is construction of Elaris Axis?

Elaris Axis was 2% built as of November 2026, the Land Department’s recorded progress, not a developer claim. Dubai Land Department project register as of November 2026.

Who is the developer of Elaris Axis?

OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C, licence no. 1579, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of November 2026.

What does Elaris Axis cost per square foot?

AED 1,911 per sqft, the median of 3 registered off-plan sales in the 12 months to 2 Nov 2026; the median unit sold for AED 1.21M.

Is Elaris Axis in escrow?

Yes: the Land Department register names مصرف ابوظبى الاسلامى as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of November 2026.

How many units does Elaris Axis have?

70 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of November 2026.