Sky Level 1 1BR Apartment in Jumeirah Village Circle (JVC) — Sought-After Address

A 1-bedroom apartment, 592 sq ft, in Sky Level 1 — a rental-ready investment in JVC with a post-handover payment plan

This 55 m² / 592 sq ft one-bedroom apartment in Sky Level 1 by Object One sits in Jumeirah Village Circle — consistently one of Dubai’s strongest rental markets. The combination of high occupancy rates, a broad tenant base, and a post-handover payment plan makes this unit a solid pick for investors looking to enter Dubai’s real estate market without locking up the full capital upfront. Handover is scheduled for 2029, and 30% of the purchase price can be paid over two years after that — effectively allowing rental income to service part of the remaining balance.

Unit highlights

— separate bedroom, isolated from the living area;
— integrated kitchen built into the open-plan layout;
— large windows throughout for natural light and a sense of space;
— smart home system included as standard;
— the tower’s cascading terraces and vertical form create elevated viewing perspectives.

Sky Level 1 — amenity deck

— residents’ swimming pool;
— children’s pool;
— panoramic infinity pool;
— fully equipped gym;
— outdoor CrossFit area;
— lounge zones;
— BBQ deck;
— children’s indoor play room;
— rooftop stargazing terrace.

Architecture and concept

Sky Level 1 is a mixed-use high-rise comprising two basement levels, a ground floor, five podium floors, three office floors, thirty-five residential floors, a mechanical floor, and a rooftop. The design draws on the theme of a starlit sky — emphasising vertical lines, light, and open viewing spaces across the upper levels. The inclusion of an office block within the complex adds to its self-sufficiency and long-term tenant appeal, supporting both occupancy and asset liquidity.

About the developer

Object One is a Dubai-based developer focused on design-driven projects in the affordable premium segment. The company is an active player in JVC, with a clear emphasis on technology integration and architectural concept.

Payment plan

The 40/60 scheme includes a post-handover instalment period:
— 20% — on booking;
— 20% — during construction;
— 30% — on handover;
— 30% — within 2 years post-handover.
Handover: 2029.

Location — Jumeirah Village Circle

— 2 minutes to Circle Mall;
— 9 minutes to Dubai Miracle Garden;
— 15 minutes to Dubai Marina and Global Village;
— 16 minutes to Mall of the Emirates;
— 22 minutes to Palm Jumeirah;
— 25 minutes to Burj Khalifa and Dubai Mall.

Frequently asked questions

Why is a JVC apartment a sound investment right now?
— JVC is one of Dubai’s most active rental districts, with consistently strong demand for 1-bedroom units from young professionals and couples. Low vacancy rates and predictable rental cycles make it a low-risk entry point into Dubai’s buy-to-let market.

Can rental income cover the post-handover instalments?
— In practical terms, yes — the structure is designed with this in mind. The final 30% is payable over two years after handover, which aligns well with rental cash flows. We can model this for your specific entry price on request.

What is the expected capital appreciation by handover?
— Off-plan assets in JVC have historically gained 15–30% from launch price to handover in recent cycles. Current pricing and a projection model are available upon enquiry.

Is short-term rental permitted in JVC?
— Yes, short-term letting is allowed in JVC with a valid DTCM licence. Yields on short-term rentals are typically higher than long-term leases, though they require either a management company or active self-management.

How do I secure this apartment?
— The reservation fee is 20% of the purchase price. Enquire via the form on this page and we’ll send you the current price list, floor plan, and investment breakdown.

Enquire via the form on this page to receive the latest pricing, floor plan, and a tailored investment breakdown for this 592 sq ft apartment in Sky Level 1, JVC.