No market estimate has been reviewed for this unit, so Distressly makes no below-market claim. The discount shown is against the documented original purchase price only.
Estimated cash needed now
Estimated cash needed now
AED 1,740,940
Estimate
A rough guide to the cash to take over this deal. Figures marked estimate are typical market assumptions, not quoted fees.
The map shows the development and its community. It is not a pin on the individual unit. We do not hold verified coordinates for it.
About this deal
2 bedroom on floor 30 at ELAR1S Sky, District 3, Jumeirah Village Triangle (JVT), Dubai. Freehold, full ownership, off-plan, handover Q4 2028.
THE UNIT
· Unit number: 3001
· Type: 2 bedroom
· Floor: 30
· Size: not specified in the source document
· Tenure: Freehold, full ownership
· Developer: Object 1
· Service charge: AED 15 per sq.ft (estimated)
THE NUMBERS
· Original purchase price: AED 1,724,667
· Asking price: AED 1,638,434, AED 86,233 below the original price (5%)
· Paid to the developer so far: AED 488,280 (28.31%)
· Outstanding to the developer: AED 1,236,387
· Market comparison: no independent market valuation has been reviewed for this unit, so Distressly makes no below-market claim. The 5% shown is against the documented original purchase price only.
THE PROJECT
· Basement + ground + 5 podium levels + mezzanine + 37 floors + roof
· 402 apartments, 111 studios, 254 one-bedroom, 37 two-bedroom
· Amenity floors on level 1 and a sky terrace on level 18
AMENITIES
Infinity pool · Gym · Social club · Barbecue area · Children's pool and play areas · Smart lock and Legrand home automation
GETTING AROUND
· Sun Mark School, approx. 2 minutes
· Novotel & Movenpick JVT hotels, approx. 2 minutes
· City Centre Me’aisem, approx. 11 minutes
· Dubai Miracle Garden, approx. 9 minutes
· Jumeirah Golf Estates, approx. 15 minutes
· Circle Mall and Mall of the Emirates, approx. 15 minutes
· Palm Jumeirah, approx. 22 minutes
· The Walk JBR, approx. 20 minutes
CONSTRUCTION
Launched, early construction phase. Expected delivery Q4 2028 (December 2028).
The unit is registered with the Dubai Land Department and instalments are held in the project’s RERA-regulated escrow account. Figures are transcribed from the owner’s payment schedule; the signed Sale and Purchase Agreement governs in all cases.
Listing status
Approved and published9 Aug 2026
Availability last confirmed9 Aug 2026
Activity
No changes tracked yet
Tracking starts the moment something changes on this deal, like a price cut or a score update.
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