Getting Into JVC for 10%: Ozone 1 Residence by Object 1
The entry point here is low. Object 1 is asking 10% down to reserve a unit in Ozone 1 Residence, a residential apartment project in District 13, Jumeirah Village Circle. That is below what many comparable JVC developments require at booking, and it shapes who this project suits most.
Construction started in January 2024. Expected completion lands in May 2026, meaning buyers entering now are at or very near the handover milestone on an off-plan purchase. The heavy construction-phase payment schedule (60% spread across the build period) is the main cash flow consideration, but the short runway to handover reduces the timeline risk that typically comes with off-plan commitments.
What JVC District 13 Means in Practice
JVC sits in the middle of Dubai's residential belt, bordered by Al Khail Road and Sheikh Mohammed Bin Zayed Road. Those two arteries put Downtown Dubai roughly 20 minutes away and Dubai Marina about the same. It is not a prestige address, but it is a functional one. The district draws a mix of end-users and buy-to-let investors, with rental demand from professionals working across the city.
For a resident, the trade-off is that the area is still maturing in terms of retail and dining options at street level. Ozone 1 addresses some of that with an in-building cafe and restaurant offering.
From AED 644K to AED 1.3M: Who Sits Where
The price range spans nearly double from floor to ceiling. That gap is explained by the unit mix.
Studios start at AED 644,000, ranging from 427 to 566 sq ft. That is the entry point for investors who want a compact unit with strong rental appeal in JVC, or for individuals buying their first Dubai property. One-bedrooms start at AED 978,000 and run from 747 to 951 sq ft across multiple layout types. Two-bedrooms start at AED 1,300,000, with sizes from 1,051 to 1,537 sq ft.
The 1BR and 2BR prices are at flat starting figures, suggesting the developer has set a consistent price point per bedroom category rather than pricing significantly by floor or view. The studio segment shows more variance in size but the same starting price, which means larger studios offer better value per square foot.
Amenities: Practical Over Showy
| Category | Facilities |
|---|---|
| Fitness | Gymnasium, Shared Gym, Well-being and Fitness |
| Food and Beverage | Cafe and Restaurants |
| Community | Mosque, Barbecue Area |
| Services | Valet Parking, Security |
The double gym listing (Gymnasium and Shared Gym) suggests separate facilities for different use cases. The inclusion of a mosque on-site is relatively uncommon in JVC apartment projects of this scale. It signals the developer is targeting residents who prioritise that convenience, which aligns with the community profile of the broader JVC district.
The amenity set is practical and covers daily life needs without a resort-style overlay. Cafe and restaurant access within the building adds genuine daily-use utility, particularly for residents who work from home.
Getting In for 10%
| Stage | Percentage |
|---|---|
| Down payment | 10% |
| During construction | 60% |
| At handover | 30% |
The 10% down payment is a meaningful selling point. It lowers the barrier to commitment and keeps more capital free during the construction period. The 60% spread across construction means regular instalments through 2025 and into 2026, and the 30% due at handover is the final cash call.
There is no post-handover payment plan. The full purchase price clears at handover. For investors planning to finance through a mortgage, the 30% handover chunk is the stage where bank finance typically steps in. For cash buyers, full exposure settles at the keys.
The overall structure is front-loaded toward the construction phase. For a buyer who can manage the instalments, the low entry cost and near-term completion make this a relatively contained off-plan position.