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Peak Trust - Global Real Estate

Elaris Axis vs LUME Residences

Elaris Axis starts at AED 979,013 against AED 1,000,000, a 2% gap. LUME Residences is the cheaper and earlier of the two: it prices at AED 1,623 per square foot against AED 1,911 and hands over in 2027 against 2028. Both projects are in Al Barsha South Fourth, so the same area benchmark applies to each.

A side-by-side comparison of two off-plan developments in Al Barsha South Fourth, Dubai: pricing, payment plans, handover and developer track record, from official Dubai Land Department records.

Side by side

Elaris Axis and LUME Residences compared

Both projects are in Al Barsha South Fourth · area avg AED 1,379/sqft. Elaris Axis has the lower entry price.

Elaris Axis versus LUME Residences comparison
Elaris AxisLUME Residences
Starting priceAED 979,013AED 1,000,000
Payment plan70/3060/40
Handover20282027
DeveloperObject One PropertiesS and S Developments
Total units—182
Developer projects112
Developer delivered21

Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.

Questions & answers

Frequently Asked Questions

Which is cheaper, Elaris Axis or LUME Residences?

Elaris Axis has the lower entry price, from AED 979,013 against AED 1,000,000 for LUME Residences. Per square foot the order is LUME Residences at AED 1,623 and Elaris Axis at AED 1,911.

Which hands over first, Elaris Axis or LUME Residences?

LUME Residences is scheduled to hand over first, in 2027, against 2028 for Elaris Axis.

What payment plans do Elaris Axis and LUME Residences offer?

Elaris Axis is offered on a 70/30 payment plan and LUME Residences on 60/40.

How do the developers of Elaris Axis and LUME Residences compare?

Object One Properties has 11 projects registered with the Dubai Land Department and 2 delivered, against 2 registered and 1 delivered for S and S Developments.

What do homes cost in Al Barsha South Fourth generally?

Homes in Al Barsha South Fourth sold at an average of AED 1,379 per square foot, from sale transactions registered with the Dubai Land Department.