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Object One Real Estate Development

The Fifth Tower

Jumeirah Village Circle · Off-plan
Status
Off-plan
Handover
Jul 2026
Homes
Apartments
Developer
Object One Real Estate Development
Pricing
On request

The Fifth Tower is a current off-plan development by Object One Real Estate Development in Jumeirah Village Circle, Dubai, registered with the Dubai Land Department (project 3048). The project comprises 345 residential units. Declared project value: AED 139M. Construction is 50% complete per the latest DLD inspection. Scheduled handover: Jul 2026. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.

Location
The Fifth Tower is in Jumeirah Village Circle, Dubai. The map shows the area, not the exact plot.
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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.

The Fifth Tower questions
Where is The Fifth Tower located?
The Fifth Tower is in Jumeirah Village Circle, Dubai, Dubai. It is registered with the Dubai Land Department as project 3048, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does The Fifth Tower hand over?
The developer has scheduled handover for Jul 2026. Construction was last reported at 50% complete. 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 The Fifth Tower?
The Fifth Tower 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. The Fifth Tower has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does The Fifth Tower 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 The Fifth Tower?
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 The Fifth Tower?
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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