Object 1 Launches Sky Level 1 in JVC: One Bedroom from AED 945,000
Object 1 has launched Sky Level 1 in Jumeirah Village Circle with a fixed price of AED 945,000 for a one-bedroom apartment. Construction broke ground on 29 June 2026 with completion targeted for June 2029. The number that defines the entry here is the 10% down payment, setting the initial outlay at AED 94,500 to secure a unit.
Jumeirah Village Circle: What the Address Means Day to Day
JVC sits between Sheikh Mohammed Bin Zayed Road and Al Khail Road, in the middle of Dubai's residential belt. Both arterials connect residents to Dubai Marina, Business Bay, and Dubai Mall within a 20 to 25-minute drive on most mornings.
The neighbourhood's internal streets are quieter than those roads suggest. JVC is a low-to-mid-rise community built around parks, landscaped circuits, and small retail strips. Schools, supermarkets, and clinics are already established across the area. A buyer here is purchasing into a functioning district, not waiting for services to arrive.
The area draws young professionals and families who want a residential setting without paying Marina or Downtown prices. For an investor, the compact one-bedroom format at AED 945,000 targets the single-professional and couple rental segment that communities like JVC consistently attract.
What AED 945,000 Gets You
Sky Level 1 offers one configuration: a 1-bedroom apartment of 566 sq ft at AED 945,000. There is no spread to explain. Every buyer enters at the same figure, with no hierarchy of views, floors, or unit variants to navigate.
At just under AED 1,670 per sq ft, this sits in the mid-market bracket for new-build JVC product. A 566 sq ft layout suits a single professional or a couple. For an owner-occupier, the footprint is practical for everyday living without excess. For a buy-to-let buyer, the compact size tends to keep service charges lower than for larger units in the same building, which supports net yield calculations.
Amenities: Year-Round Use at a Mid-Market Price
| Category | Facilities |
|---|---|
| Fitness and wellness | Gymnasium, Indoor Swimming Pool |
| Outdoor space | Landscaped Gardens |
| On-site convenience | Restaurants, Children's Play Area |
| Security | CCTV Security |
The indoor swimming pool is the standout. Most mid-range JVC towers offer outdoor pools, which work for eight or nine months of the year and sit idle during Dubai's summer. An indoor facility keeps that amenity functional year-round, which is a genuine differentiator at this price point and adds a practical argument in the summer rental market.
On-site restaurants add a convenience layer that matters to residents with long working hours. The children's play area and landscaped gardens extend the appeal to families, broadening the potential tenant profile for investors. The overall set positions Sky Level 1 as a properly managed building with practical depth, rather than a stripped-back entry-level product.
Three Years to Handover: Entering at Groundbreaking
Construction started on 29 June 2026 with completion targeted for 1 June 2029. That is three years from groundbreaking to keys.
Buyers entering now are at the earliest stage of the build cycle. The 50% paid during construction distributes the financial commitment across three years, spreading the load gradually. The significant figure is the 40% due at handover in mid-2029, the largest single payment in the schedule.
Getting In for 10%
| Stage | Amount |
|---|---|
| Down payment | 10% / AED 94,500 |
| During construction | 50% / AED 472,500 |
| On handover | 40% / AED 378,000 |
A 10% down payment sets the entry bar at AED 94,500. That is toward the lower end of what Dubai off-plan launches typically ask at signing, and it keeps the opening commitment light relative to the total purchase price.
The 50% during construction spreads the bulk of the cost across the three-year build period. The 40% at handover is the plan's heaviest demand, falling as a single payment at completion in June 2029.