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Sky Level 1

Jumeirah Village Circle · Dubai

Developer price from945,000 AED
HandoverQ2 2029
Contact us
Payment plan20% / 20% / 60%
Property typeApartments
Unit types1 bed

About Sky Level 1

Sky Level 1 is an off plan project by Object 1 in Jumeirah Village Circle, Dubai, from 945,000 AED, with handover announced for Q2 2029. The Dubai Land Department recorded construction at 0.00%, buyer payments go to an escrow account at Abu Dhabi Islamic Bank and the developer has registered 420 homes.

Prices and payment plan

Payment plan, 1 bedroom20 / 20 / 60
Today20%199,144 AEDOn booking
Until Q2 202920%199,144 AEDDuring construction
Q2 202960%597,431 AEDOn handover
Total with fees1,035,568 AEDPrice 995,719 + land department fee 39,829 + 20 AEDSee the detail
Price995,719 AED
Dubai Land Department fee, 4%39,829 AED
Knowledge and innovation fees20 AED
Developer registration feeOn the developer invoice
Total estimate1,035,568 AED

Dubai Land Department fees for an off plan purchase, usually paid in full by the buyer. Full calculator, with mortgage

Homes in the project

1 bedroom420100%
Total420100%

Source: Dubai Land Department, units registered by the developer, file of 23 October 2026.

Price per sqft1,672 AED
Handover (developer)Q2 2029
RERA project number4486
Escrow accountAbu Dhabi Islamic Bank
Construction progress0.00% built
Completion date (registered)28 February 2029

The two dates can differ. Sale contracts usually allow 6 to 12 months beyond the announced handover date.

Nearest metro stationDubai Internet City, 5.7 km

Gold Line planned in this area, opening planned in 2032, station locations not published.

Service charges: 18.8 AED per sqft a year, official median of 3 completed buildings in Jumeirah Village Circle, Dubai Land Department.

Source: Object 1, official project page · object-1.com

Data dates
Developer prices 29 September 2026
Dubai Land Department register 18 October 2026
Sales registered up to 2 November 2026

Property Radar score

out of 100
13 criteria measured

Highlights

Developer record: cancelled projectsPayments into an escrow accountEase of resale in the area

Good to know

Nearest metro stationHomes of this type in the project
See all 13 criteria
Developer record: cancelled projects10/10
none on record
Payments into an escrow account10/10
escrow at Abu Dhabi Islamic Bank, status active
Ease of resale in the area10/10
2,136 completed units resold in Jumeirah Village Circle over the last 12 months
Share of the price paid before handover10/10
40% of the price paid before handover
Developer record: projects on time8/10
9 of 10 ongoing projects still within their official end date
Handover date8/10
handover Q2 2029
Net rental yield6/10
5.5% net of service charges
New-build price vs the secondary market7/10
+18.6% vs the area's secondary market
Construction progress7/10
0% built, 7% of the official construction time used
Developer record: projects delivered6/10
2 delivered, 13 ongoing, 0 cancelled
Price per square foot vs the area5/10
1,672 against 1,427 AED per sqft in Jumeirah Village Circle
Homes of this type in the project2/10
420 homes of this type registered in the project, out of 420
Nearest metro station0/10
Dubai Internet City, 5.7 km
New-build price vs the same developer's secondary market
Information not public or confidential
Size vs the area
Information not public or confidential

Market data, 1 bedroom

In short: priced 17% above the area, gross yield 7% a year.
Price per sqft, AED
Sky Level 11,672Off plan in the area1,494All sales in the area1,427Completed resale in the area1,259
Gross yield7%rent 70,000 AED a year, median of 16,075 registered rents in Jumeirah Village Circle
Net yield5.5%After service charges

Same unit type, Dubai Land Department registered sales and rent contracts, Jumeirah Village Circle.

After you buy

1
Today
Book with 20%

Through a licensed expert, at the developer price.

2
Q2 2029, handover
Pay the last 60%

In cash or with a mortgage, up to 80% for residents.

3
After the keys
Rent it out

Long term or holiday home, managed for you.

Services from our selected partners. It never changes the score.

Prices in Jumeirah Village Circle

Median price per sqft of completed apartments resold

8971,0701,2581,2552023202420252026
Since 2023+40%
2026 against 2025Flat, 0%
This project, off plan1,672 per sqft

AED per sqft. Dubai Land Department sales, data.dubai. 2026 up to 23 September.

Sky Level 1 in short

Starting price

945,000 AED

Source: Object 1 or a property portal, September 2026. Confirm with the developer.

Payment plan

20% On booking20% During construction60% On handover

Handover

Handover is announced for Q2 2029.

On time?

9 of 10 ongoing Object 1 projects are still within their official end date, in the Dubai Land Department project registry.

How to buy

A broker licensed by the Dubai Land Department, from our partner agency, confirms the price list and the units still available, and handles the booking with you. The contact is free.

Location and similar projects

Also in Jumeirah Village CircleOxford CoveIman · Q1 2029679,000One Sky Park by ImanIman · Q1 2028750,000Binghatti EthereaBinghatti · Q3 2027764,9995 projects in Jumeirah Village Circle →
Consultation fee for you0 AED

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