ELARIS Rise

1. Is it on schedule?0% built in July 2026 against a September 2028 handover: 100% left to build in 26 months · DLD project register, Jul 20260%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 1,525/sqft, 9.8% below the Jumeirah Village Triangle off-plan median across 40 projects-9.8%Context
4. Is it selling?53 off-plan sales registered in the last 12 months, of 198 units; the latest on 7 Oct 202653Context
5. Who is building it?Object One, licence no. 1579; 0 of its 18 dated live projects are past their registered dates0%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 live 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

September 2025

Configuration

B+G+5P+2 Offices+21+MF+R

Construction progress is the percentage DLD recorded in its project register as of July 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 12 Oct 2026.

When will ELARIS Rise be completed?

The developer registered handover for September 2028, 26 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does ELARIS Rise cost per square foot?

AED 1,525 per sqft, the median of 53 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.26M. That is 9.8% below the Jumeirah Village Triangle off-plan median across 40 projects.

Is ELARIS Rise 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 July 2026.

Who is the developer of ELARIS Rise?

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 July 2026.

How many units does ELARIS Rise have?

198 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 July 2026.