OBJECT 1 "V1TER" (Jumeirah Village Circle) — SKID Screen 35/100

Key information

Delivery date: Completed (May 2026)
Location: Dubai, Jumeirah Village Circle, OBJECT 1 "V1TER"
Payment plan: 100% on transfer
Property types: Apartment
Government fee: 4% + AED 5,050 admin
Ownership type: Freehold
Starting price / sq.ft: AED 1,617 / sq.ft
Unit sizes: From 680 sq.ft
SKID score: Pending

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Payment plan

100%

Payable on transfer

Completed property · Full purchase price plus 4% registration fee upon title-deed transfer

Project timeline

Project announcement
Object One Real Estate Development official release
Booking & registration
Completed
Construction phase
Completed
Expected completion
May 2026

About the project

Not enough evidence yet

SKID has not finished this analysis yet.

Asking price is 17.4% above nearby closed sales (+AED 239/sq.ft.)

The developer asks AED 1,617/sq.ft., whereas comparable homes in Jumeirah Village Circle sold for a median of AED 1,378/sq.ft. (~AED 162,822 higher for the same area).

Amenities

Security & CCTV
Concierge Service
Children’s Pool
Shared Pool
Broadband Internet
Kids’ Play Area
Pets Allowed
SPA
Shared Gym & Fitness Centre
Dining outlets (coffee houses & restaurants)
Retail Outlets
Lift
Accessibility for people with disabilities
BBQ
Leisure Areas
Parking
Sauna

Units

from developer

1 BR

Floor plan not published by source

680 sq.ft · AED 1,618 / sq.ft

From AED 1.1M

2 BR

Floor plan not published by source

Size on request

Price on request

Price comparison & DLD history

8-Factor Evidence Breakdown

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

Insufficient evidence (N/A)

Historical DLD Transaction Context

Asking price is 17.4% higher than nearby completed homes (+AED 239/sq.ft.)

17.4% above comparable sales

Published catalog price is AED 1,100,000 (~AED 1,617/sq.ft. for a published 680 sq.ft. starting unit), while comparable residential homes in Jumeirah Village Circle sold for a median of AED 1,378/sq.ft. (AED 937,178 for the same size).

1. Published Asking Price

AED 1,617 / sq.ft.

AED 1,100,000 starting price · 680 sq.ft.

2. Historical Nearby Closed Sales

AED 1,378 / sq.ft.

~AED 937,178 for the same size

3. Spread vs Historical Median

+AED 239 / sq.ft. (+17.4%)

+AED 162,822 vs historical median

Published Launch AskAED 1,617 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,378 / sq.ft.

Historical transaction context: The asking rate is 17.4% (~AED 162,822 on a 680 sq.ft. unit) above recent nearby completed homes in Jumeirah Village Circle. Because future property appreciation is never guaranteed, local secondary prices would need to rise by at least 17.4%—plus ~4%–6% in registration and resale costs—before handover just to match today's baseline.

Get an available quotation

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

Down payment100%

AED 1.1M

At booking

During construction0%

AED 0

Construction milestones

On handover0%

AED 0

Handover 2026

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

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

Bottom Line

Asking price is 17.4% above nearby closed sales (+AED 239/sq.ft.)

The developer asks AED 1,617/sq.ft., whereas comparable homes in Jumeirah Village Circle sold for a median of AED 1,378/sq.ft. (~AED 162,822 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+17.4% (+AED 239/sq.ft.)

Asking price is 17.4% above nearby closed sales (+AED 239/sq.ft.)

The developer asks AED 1,617/sq.ft., whereas comparable homes in Jumeirah Village Circle sold for a median of AED 1,378/sq.ft. (~AED 162,822 higher for the same area).

Why this matters: The asking rate is 17.4% (~AED 162,822 on a 680 sq.ft. unit) above recent nearby completed homes in Jumeirah Village Circle. Because future property appreciation is never guaranteed, local secondary prices would need to rise by at least 17.4%—plus ~4%–6% in registration and resale costs—before handover just to match today's baseline.

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.

Competing Supply (Potential Risk)

4 Launches

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

SKID tracks 4 competing off-plan launches in Jumeirah Village Circle. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition for tenants and resale buyers.

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

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: Insufficient evidence
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

SKID 8-Factor Weighting Model (100%)

Canonical 8-factor model (skid-geo-v3.0-8factor) · Click any factor to inspect methodology

Strong

—

Watch

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Risk

—

See all 8 scoring factorsWhy SKID gave it —

Why SKID gave it —

Location

Weight: 24.2%

Insufficient evidence (N/A)

Entry price

Weight: 18.2%

Insufficient evidence (N/A)

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 12.1%

Insufficient evidence (N/A)

Payment plan

Weight: 12.1%

Insufficient evidence (N/A)

Delivery risk

Weight: 6.1%

Insufficient evidence (N/A)

Service charges

Weight: 3.0%

Insufficient evidence (N/A)

Exit liquidity

Weight: 6.1%

Insufficient evidence (N/A)

Factor	Weight	Score
Location Insufficient evidence (N/A)	24.2%	Insufficient evidence (N/A)
Entry price Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Insufficient evidence (N/A)	12.1%	Insufficient evidence (N/A)
Payment plan Insufficient evidence (N/A)	12.1%	Insufficient evidence (N/A)
Delivery risk Insufficient evidence (N/A)	6.1%	Insufficient evidence (N/A)
Service charges Insufficient evidence (N/A)	3.0%	Insufficient evidence (N/A)
Exit liquidity Insufficient evidence (N/A)	6.1%	Insufficient evidence (N/A)

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-18	Ready · Apartment	AED 2.92M	1,748	1,667
2026-07-18	Off-plan · Apartment	AED 771K	424	1,819
2026-07-18	Off-plan · Apartment	AED 912K	431	2,116
2026-07-18	Off-plan · Apartment	AED 530K	404	1,310
2026-07-18	Ready · Apartment	AED 800K	690	1,160
2026-07-18	Ready · Apartment	AED 700K	502	1,396
2026-07-18	Off-plan · Apartment	AED 856K	381	2,248
2026-07-18	Off-plan · Apartment	AED 2.23M	1,306	1,707
2026-07-18	Off-plan · Apartment	AED 810K	647	1,251
2026-07-18	Off-plan · Apartment	AED 667K	442	1,509
2026-07-18	Off-plan · Apartment	AED 1.02M	736	1,385
2026-07-18	Off-plan · Apartment	AED 891K	713	1,250
2026-07-17	Off-plan · Apartment	AED 650K	440	1,477
2026-07-17	Ready · Apartment	AED 1.03M	655	1,565
2026-07-17	Off-plan · Apartment	AED 1.16M	915	1,269
2026-07-17	Ready · Apartment	AED 1.27M	1,330	955
2026-07-17	Ready · Apartment	AED 562K	408	1,378
2026-07-17	Off-plan · Apartment	AED 2.62M	2,780	942
2026-07-17	Off-plan · Apartment	AED 750K	403	1,859
2026-07-17	Off-plan · Apartment	AED 1.68M	1,095	1,531
2026-07-17	Off-plan · Apartment	AED 1M	830	1,206
2026-07-17	Ready · Apartment	AED 1.2M	1,148	1,046
2026-07-17	Ready · Apartment	AED 585K	398	1,469
2026-07-17	Ready · Apartment	AED 730K	718	1,017

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 "V1TER"

Interactive map ready (1 verified location)

OBJECT 1 "V1TER"· Jumeirah Village Circle, Dubai(25.0574, 55.2203)

View project →

Living in Jumeirah Village Circle

Historical DLD Median

AED 1,378 / sq.ft

Historical DLD Sample

9 closed sales

Ownership

Freehold

Frequently asked questions

Is OBJECT 1 "V1TER" a good off-plan investment in Jumeirah Village Circle?

OBJECT 1 "V1TER" in Jumeirah Village Circle (Dubai) has a launch screen score of 35/100; full 8-factor scoring requires additional verified registry evidence. Historical DLD Closed Transactions: matched closed sales in Jumeirah Village Circle record a median of AED 1,378/sqft across 9 verified transactions. Reviewed by SKID Investment Research Engine (as of current cycle).

Who is building OBJECT 1 "V1TER"?

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

When is handover for OBJECT 1 "V1TER"?

The published handover is May 2026.

What is the starting price of OBJECT 1 "V1TER"?

The published starting price is AED 1.1M.

What does the SKID screen mean for OBJECT 1 "V1TER"?

The SKID screen for this launch in Jumeirah Village Circle is 35 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.