Object One · JVT (Jumeirah Village Triangle) · handover Q4 2028
ELAR1S Sky payment plan
ELAR1S Sky by Object One in JVT (Jumeirah Village Triangle), Dubai is sold on a 24/46/30 payment plan. On the cheapest unit, starting from AED 1.2M, that is AED 1.2M (100%) paid by handover in Q4 2028. Handover is 27 months away.
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The ELAR1S Sky payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 24% |
| During Construction | 46% |
| On Handover | 30% |
On the cheapest unit (Studio–1 BR, AED 1.2M)
| On Booking | AED 299,826 |
| During Construction | AED 574,667 |
| On Handover | AED 374,783 |
| Total (100%) | AED 1,249,276 |
| Months to handover | 27 |
Percentages as published by Object One. Dirham figures are those percentages applied to the published starting price of AED 1,249,276. Registration and other fees are not included.
The ELAR1S Sky instalment schedule, line by line
Object One publishes 2 payment plans for ELAR1S Sky. Each is shown as published, with every instalment and the charges listed alongside it.
Plan 1 of 2: Payment Plan 70/30
Published by Object One
| Stage | Instalment | Share | On AED 1,249,276 |
|---|---|---|---|
| On Booking24% | On Booking | 24% | AED 299,826 |
| DLD Feefee | 4% | AED 49,971 | |
| During Construction46% | 1st Installment to 6th Installment | 6 × 1% | AED 12,493 each |
| 7th Installment | 10% | AED 124,928 | |
| 8th Installment to 18th Installment | 11 × 1% | AED 12,493 each | |
| 19th Installment | 10% | AED 124,928 | |
| 20th Installment to 28th Installment | 9 × 1% | AED 12,493 each | |
| On Handover | as published | 30% | AED 374,783 |
| Total of the plan | 100% | AED 1,249,276 | |
Lines marked fee (DLD Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Plan 2 of 2: Payment Plan Post Handover
Published by Object One
| Stage | Instalment | Share | On AED 1,249,276 |
|---|---|---|---|
| On Booking24% | On Booking | 24% | AED 299,826 |
| DLD Feefee | 4% | AED 49,971 | |
| During Construction46% | 1st Installment to 6th Installment | 6 × 1% | AED 12,493 each |
| 7th Installment | 10% | AED 124,928 | |
| 8th Installment to 17th Installment | 10 × 1% | AED 12,493 each | |
| 18th Installment | 10% | AED 124,928 | |
| 19th Installment to 28th Installment | 10 × 1% | AED 12,493 each | |
| On Handover | as published | 5% | AED 62,464 |
| Post Handover25% | 1st Installment to 5th Installment | 5 × 5% | AED 62,464 each |
| Total of the plan | 100% | AED 1,249,276 | |
Lines marked fee (DLD Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Instalments and charges as published by Object One; the dirham column applies each percentage to the published starting price of AED 1,249,276. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at ELAR1S Sky
The same plan, applied to the starting price Object One publishes for each size in the building.
| Unit | From | On Booking (24%) | During Construction (46%) | On Handover (30%) |
|---|---|---|---|---|
| Studiofrom 899 sq ft | AED 1,603,749 | AED 384,900 | AED 737,725 | AED 481,125 |
| 1 bedfrom 718 sq ft | AED 1,249,276 | AED 299,826 | AED 574,667 | AED 374,783 |
Starting price per size as published by Object One; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register ELAR1S Sky
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Object One and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.
| Unit | From | Land Department 4% |
|---|---|---|
| Studio | AED 1,603,749 | AED 64,150 |
| 1 bed | AED 1,249,276 | AED 49,971 |
4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.
Everything else on ELAR1S Sky
ELAR1S Sky payment plan: questions buyers ask
- What is the payment plan for ELAR1S Sky?
- ELAR1S Sky by Object One is sold on a 24/46/30 plan: 24% on booking, 46% during construction, 30% on handover, as published by the developer.
- How much is the booking amount for ELAR1S Sky?
- 24% of the price. On the cheapest unit at AED 1.2M that is AED 299,826.
- How much do I pay before I get the keys to ELAR1S Sky?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.2M that is AED 1.2M by handover in Q4 2028.
- Does ELAR1S Sky have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2028.
- What are the registration fees on ELAR1S Sky?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.2M that is AED 49,971. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
- When is the handover of ELAR1S Sky?
- Object One publishes Q4 2028, which is 27 months from now.
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handover Q4 2028