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Off-Plan · Handover Jun 2029

OBJECT 1 "SKY LEVEL 1"

Launch price AED 994K*

*Prices, availability, and purchase conditions may change frequently. Contact SKID on WhatsApp for the latest verified unit availability and pricing.

Developer

Key information

Delivery date
Jun 2029
Location
Dubai, Jumeirah Village Circle, OBJECT 1 "SKY LEVEL 1"
Payment plan
10/30/60
Property types
Apartment
Government fee
4% + AED 5,050 admin
Ownership type
Freehold
Starting price / sq.ft
AED 1,674 / sq.ft
Unit sizes
From 594 sq.ft
SKID score
6.5 / 10 (Worth comparing)

Similar projects like this

Payment plan

10%

Down payment

AED 99K

At sales launch

30%

During construction

AED 298K

Construction milestones

60%

On handover

AED 596K

Jun 2029

Published milestone schedule · Payment Plan 1

10% + 4% DLD + 5050 AED Registration Fees10% · AED 99K
10%10% · AED 99K
10%10% · AED 99K
10%10% · AED 99K
60%60% · AED 596K

Project timeline

  1. Project announcement

    Object One Real Estate Development official release

  2. Booking & registration

    Open for unit reservation

  3. Construction phase

    Active development

  4. Expected completion

    Jun 2029

About the project

Worth comparing.

The evidenced factors are mixed.

SKY LEVEL 1 is a luxury residential development by Object One Real Estate Development, located in Jumeirah Village Circle. Inspired by the theme of the starry sky, the project combines striking contemporary architecture, panoramic views, and advanced technologies to create a comfortable urban living environment. The complex comprises two basement levels, a ground floor, five podium levels, three office floors, thirty-five residential floors, a mechanical floor, and a rooftop. The tower’s architecture is distinguished by its elegant vertical silhouette, cascading terraces, panoramic glazing, and elevated communal spaces that reinforce the project’s unique concept. The development offers a collection of one-bedroom apartments, as well as commercial and office spaces. The interiors feature functional layouts, built-in kitchens, large windows, and a smart home system. Residents can enjoy a swimming pool with a sun deck, a children’s pool, a panoramic infinity pool, a gym, an outdoor CrossFit area, lounge spaces, a barbecue area, a children’s playroom, and a sky observation deck with digital telescopes. The project offers convenient access to Dubai’s key destinations. Circle Mall is 2 minutes away, Dubai Miracle Garden is 9 minutes away, Dubai Marina and Global Village are 15 minutes away, Mall of the Emirates is 16 minutes away, Palm Jumeirah is 22 minutes away, while Burj Khalifa and Dubai Mall can be reached in 25 minutes.

Asking price is 17.7% above nearby closed sales (+AED 252/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

  • Adults’ Pool
  • BBQ
  • Broadband Internet
  • Children’s Pool
  • Covered Gym
  • Covered Kids’ Play Area
  • CrossFit Zone
  • Infinity Pool
  • Leisure Areas
  • Lift
  • Lobby
  • Lounge
  • Outdoor Kids’ Play Area
  • Pool Deck
  • Recreational Areas
  • Retail Outlets
  • Sitting Area
  • Yoga Area

Units

from developer

1 BR

Floor plan not published by source

594 sq.ft · AED 1,674 / sq.ft

From AED 994K

Building

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

6.5/ 10
Historical DLD Transaction Context

Asking price is 17.7% higher than nearby completed homes (+AED 252/sq.ft.)

17.7% above comparable sales

The developer asks AED 993,945 (~AED 1,674/sq.ft. for a published 594 sq.ft. starting unit), while comparable residential homes in Jumeirah Village Circle sold for a median of AED 1,422/sq.ft. (AED 844,384 for the same size).

1. Published Asking Price

AED 1,674 / sq.ft.

AED 993,945 starting price · 594 sq.ft.

2. Historical Nearby Closed Sales

AED 1,422 / sq.ft.

~AED 844,384 for the same size

3. Spread vs Historical Median

+AED 252 / sq.ft. (+17.7%)

+AED 149,561 vs historical median

Published Launch AskAED 1,674 / sq.ft.
Historical Nearby Closed Sales MedianAED 1,422 / sq.ft.

Historical transaction context: The asking rate is 17.7% (~AED 149,561 on a 594 sq.ft. unit) above recent nearby completed homes in Jumeirah Village Circle. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 17.7% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 99K

At booking

During construction30%

AED 298K

Construction milestones

On handover60%

AED 596K

Handover 2029

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 17.7% above nearby closed sales (+AED 252/sq.ft.)

The developer asks AED 1,674/sq.ft., whereas comparable homes in Jumeirah Village Circle sold for a median of AED 1,422/sq.ft. (~AED 149,561 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales
+17.7% (+AED 252/sq.ft.)

Asking price is 17.7% above nearby closed sales (+AED 252/sq.ft.)

The developer asks AED 1,674/sq.ft., whereas comparable homes in Jumeirah Village Circle sold for a median of AED 1,422/sq.ft. (~AED 149,561 higher for the same area).

Why this matters: The asking rate is 17.7% (~AED 149,561 on a 594 sq.ft. unit) above recent nearby completed homes in Jumeirah Village Circle. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 17.7% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Competing Supply (Potential Risk)
78 Launches

78 competing off-plan launches tracked in Jumeirah Village Circle — potential handover competition

SKID tracks 78 competing off-plan launches in Jumeirah Village Circle. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)
History Incomplete

Incomplete historical delivery data for Object One Real Estate Development in catalog

Object One Real Estate Development is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage
7/8 factors (81.8%)
Methodology
skid-geo-v3.0-8factor
How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

  • • 60% of the price is due at or after handover, keeping strong buyer leverage until completion
  • • Handover sits in a typical 1–3 year off-plan window
  • • 2905 closed sales in the last year in this community

Watch

  • • Waterfront or beach positioning
  • • Service charge published at 15

Risk

  • • Published starting price vs historical DLD closed sales median: +17.7% above historical DLD closed sales median per sq ft in this community
  • • Heavy competing supply: 78 other launches in Jumeirah Village Circle
See all 8 scoring factorsWhy SKID gave it 6.5

Why SKID gave it 6.5

Location

Weight: 29.6%

7.4/ 10

Waterfront or beach positioning

Entry price

Weight: 22.2%

4.4/ 10

Published starting price vs historical DLD closed sales median: +17.7% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

3.6/ 10

Heavy competing supply: 78 other launches in Jumeirah Village Circle

Payment plan

Weight: 14.8%

8.7/ 10

60% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 7.4%

8.6/ 10

2905 closed sales in the last year in this community

Service charges

Weight: 3.7%

7.1/ 10

Service charge published at 15

Recent sales nearby

DateTypePriceSq ftAED / sq ft
2026-07-18Ready · ApartmentAED 2.92M1,7481,667
2026-07-18Off-plan · ApartmentAED 771K4241,819
2026-07-18Off-plan · ApartmentAED 912K4312,116
2026-07-18Off-plan · ApartmentAED 530K4041,310
2026-07-18Ready · ApartmentAED 800K6901,160
2026-07-18Ready · ApartmentAED 700K5021,396
2026-07-18Off-plan · ApartmentAED 856K3812,248
2026-07-18Off-plan · ApartmentAED 2.23M1,3061,707
2026-07-18Off-plan · ApartmentAED 810K6471,251
2026-07-18Off-plan · ApartmentAED 667K4421,509
2026-07-18Off-plan · ApartmentAED 1.02M7361,385
2026-07-18Off-plan · ApartmentAED 891K7131,250
2026-07-17Off-plan · ApartmentAED 650K4401,477
2026-07-17Ready · ApartmentAED 1.03M6551,565
2026-07-17Off-plan · ApartmentAED 1.16M9151,269
2026-07-17Ready · ApartmentAED 1.27M1,330955
2026-07-17Ready · ApartmentAED 562K4081,378
2026-07-17Off-plan · ApartmentAED 2.62M2,780942
2026-07-17Off-plan · ApartmentAED 750K4031,859
2026-07-17Off-plan · ApartmentAED 1.68M1,0951,531
2026-07-17Off-plan · ApartmentAED 1M8301,206
2026-07-17Ready · ApartmentAED 1.2M1,1481,046
2026-07-17Ready · ApartmentAED 585K3981,469
2026-07-17Ready · ApartmentAED 730K7181,017

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Jumeirah Village Circle, OBJECT 1 "SKY LEVEL 1"

Interactive map ready (1 verified location)

· Jumeirah Village Circle, Dubai
View project

Living in Jumeirah Village Circle

Historical DLD Median

AED 1,422 / sq.ft

Historical DLD Sample

2885 closed sales

Ownership

Freehold

Frequently asked questions

Is OBJECT 1 "SKY LEVEL 1" a good off-plan investment in Jumeirah Village Circle?

OBJECT 1 "SKY LEVEL 1" in Jumeirah Village Circle (Dubai) scores 6.5/10 (compare) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: payment plan. Weakest: supply. Historical DLD Closed Transactions: matched closed sales in Jumeirah Village Circle record a median of AED 1,422/sqft across 2885 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building OBJECT 1 "SKY LEVEL 1"?

Object One Real Estate Development is the developer named on this launch.

When is handover for OBJECT 1 "SKY LEVEL 1"?

The published handover is Jun 2029.

What is the starting price of OBJECT 1 "SKY LEVEL 1"?

The published starting price is AED 994K.

What does the SKID screen mean for OBJECT 1 "SKY LEVEL 1"?

The SKID screen for this launch in Jumeirah Village Circle is 84 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.

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60% of the price is due at or after handover, keeping strong buyer leverage until completion

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