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.
What it would cost
Asking priceAED 1,638,434
DLD transfer fee (assumed 4%)AED 65,537
Agency fee (assumed 2%)AED 32,769
Payable to acquireAED 1,736,740
Then still owed to the developerAED 1,236,387
Total to own outrightAED 2,973,127
Original buyer has already paidAED 488,280
The 4% Dubai Land Department transfer fee and 2% agency fee are typical market assumptions, not quoted figures — confirm both with your conveyancer. Developer transfer or NOC charges are not included because they vary by developer and are not stated in this listing’s documents.
If you mortgage it
DepositAED 327,687
Loan amountAED 1,310,747
Monthly repaymentAED 7,101
A standard repayment calculation on the figures you enter. It is not a quote, not an offer of finance, and not advice — lenders set their own rates, fees and eligibility. UAE mortgages for non-residents typically require a larger deposit than the default shown.
Location
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.
Recent sales of similar units (DLD)
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The Dubai Land Department transaction dataset has not been imported into this environment. Nothing is shown here rather than an estimate, because an invented comparable is worse than no comparable. Once the dataset is loaded this panel lists real recorded sales with the date of the data.
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 published2d ago
Availability last confirmed2d ago
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