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Object One Real Estate Development

Sky Level 1

Jumeirah Village Circle · Off-plan
Jumeirah Village Circle

Sky Level 1


Homes
Apartments
Handover
Feb 2029
Status
Off-plan

Price on request
by Object One Real Estate Development

Sky Level 1 is a current off-plan development by Object One Real Estate Development in Jumeirah Village Circle, Dubai, registered with the Dubai Land Department (project 4486). The project comprises 440 residential units. Declared project value: AED 73M. Scheduled handover: Feb 2029. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.

Project details

Developer
Object One Real Estate Development
Community
Jumeirah Village Circle
Home types
Apartments
Handover
Feb 2029
Project status
Off-plan
Construction
0% complete
DLD project no.
4486
Escrow
RERA-regulated account
Location
Sky Level 1 sits here, in Jumeirah Village Circle, Dubai.
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Jumeirah Village Circle in numbers
Sales recorded
16,505
Median price
AED 1.03M
Median price per sqft
AED 1,502
Average price per sqft
AED 1,521

Jumeirah Village Circle recorded 16,505 registered sales in the May 2025 to May 2026 window, at a median of AED 1.03M, or AED 1,502 per square foot. Almost everything trading here is apartments. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.

Sky Level 1 questions
Where is Sky Level 1 located?
Sky Level 1 is in Jumeirah Village Circle, Dubai, Dubai. It is registered with the Dubai Land Department as project 4486, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Sky Level 1 hand over?
The developer has scheduled handover for Feb 2029. Construction has not started yet, which is normal for a project at launch stage. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Sky Level 1?
Sky Level 1 is developed by Object One Real Estate Development. They currently have 5 projects on the Dubai Land Department off-plan register, which you can see on their developer page. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Jumeirah Village Circle sell for?
Jumeirah Village Circle recorded 16,505 registered Dubai Land Department sales in the last twelve months, at a median of AED 1.03M and AED 1,502 per square foot. Sky Level 1 has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Sky Level 1 have?
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Jumeirah Village Circle a good area to invest in?
On the numbers, Jumeirah Village Circle is an active market: 16,505 sales registered with the DLD in the last twelve months at a median of AED 1,502 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Sky Level 1?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Sky Level 1?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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