Sky Level 1

Object One Real Estate Development · 1BR · Jumeirah Village Circle, Dubai

Sky Level 1 is a residential project by Object One Real Estate Development in Jumeirah Village Circle, Dubai, offering 1BR layouts. Prices start from AED 966,499. This is an off-plan purchase with expected completion in December 2029 on a 40/60 and 40/30/30 post-handover payment plan. The indicative gross yield band for this area and unit mix is 7% – 9%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

Sky Level 1 is a mixed-use residential project offering 420 one-bedroom residences in Jumeirah Village Circle, Dubai, with an anticipated completion in Q2 2029.

Key facts

Developer: Object One Real Estate Development
Area: Jumeirah Village Circle, Dubai
Property type: 1BR
Starting price: AED 966,499
Payment plan: 40/60 and 40/30/30 post-handover
Expected completion: December 2029
Construction status: Now selling
Indicative gross yield: 7% – 9%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Sky Level 1 typically fits first-time Dubai investors who want a contained ticket and predictable rental income, across 1BR layouts in Jumeirah Village Circle, Dubai. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 7% – 9%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Jumeirah Village Circle, Dubai can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Sky Level 1 cost?

Prices at Sky Level 1 start from AED 966,499. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is Sky Level 1 located?

Sky Level 1 is located in Jumeirah Village Circle, Dubai. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Sky Level 1?

The indicated payment plan is: 40/60 and 40/30/30 post-handover. We verify the full structure, including milestones and the balance due at handover.

When is Sky Level 1 expected to complete?

Expected completion is December 2029 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Sky Level 1?

The indicative gross band for this area and unit mix is 7% – 9%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Sky Level 1?

Sky Level 1 is developed by Object One Real Estate Development. We review their delivery record, build quality and value retention before recommending it.

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