Price from
AED 945K
Starting price for OZONE1.

Under Construction
OZONE1 by Object One in Jumeirah Village Circle (JVC) is priced from AED 945K for a 69.4 sqm studio, with larger units reaching AED 2.32M.
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Price from
AED 945K
Starting price for OZONE1.
Completion
Q2 2026
Tracked completion target for OZONE1.
Related projects
30
Nearby launches and other Object One projects.
OZONE1 by Object One is a residential tower in Jumeirah Village Circle (JVC) priced from AED 945K, with handover targeted for Q2 2026. The project carries 233 tracked transactions and a current schedule delay of 31.54% — a live delivery risk that makes timing a primary evaluation variable, not a footnote. Studios are fixed at 69.4 sqm and AED 945K with no size or price variation within that cohort. Larger units span 111.77 to 142.54 sqm, priced from AED 1.94M to AED 2.32M. Buyers should compare OZONE1's per-sqm rate, delivery position, and JVC's active supply pipeline against more than 30 tracked launches in the district before adding it to a selection.
OZONE1 presents two entry tiers with no intermediate option. The studio cohort is uniform: 111 units at 69.4 sqm each, all priced at AED 945K — AED 13,617 per sqm with no size variation and no negotiation range on the primary market. The 112 larger units range from 111.77 to 142.54 sqm and are priced from AED 1.94M to AED 2.32M, reaching AED 17,330 per sqm at the ceiling. Buyers with budgets between AED 945K and AED 1.94M have no unit available within this project — a structural gap that forces a decision between the studio entry point or a competing launch. A 5% buyer-side fee is a buyer-facing acquisition cost: AED 47,250 on a studio purchase before DLD transfer fees are applied. With 233 tracked transactions recorded against this project, secondary market volume is significant. Buyers should verify whether resale pricing has diverged from original launch rates before deciding whether the primary market or a secondary unit represents better value. For a structured comparison of off-plan against ready product at this price point, the cost-of-delay calculation is particularly relevant given OZONE1's current schedule position.
OZONE1 is 31.54% behind its original construction schedule as of April 2026, with Q2 2026 still listed as the target handover date. At this stage in the project cycle, the delay is a present condition, not a projection. Buyers relying on near-term occupancy, mortgage drawdown timing, or a specific investment yield start date carry meaningful execution risk in this position. Payment plan installments tied to construction milestones should be verified against actual DLD-registered progress before any tranche is released. Object One has delivered residential projects in JVC previously, which provides a partial track record, but past delivery performance on other towers does not resolve the specific delay on OZONE1. Buyers should request a written construction status update from the developer and cross-reference it against the Dubai Land Department's escrow and project completion records before signing any transfer documents. The buying process guide outlines how to access official DLD project status records as part of standard pre-purchase due diligence.
Jumeirah Village Circle (JVC) is a Nakheel master-planned community positioned between Sheikh Mohammed Bin Zayed Road and Al Khail Road in southern Dubai, giving residents dual-highway access to both the city core and the Al Maktoum corridor. The area draws consistent rental demand from tenants priced out of Business Bay and Dubai Marina, supporting studio and one-bedroom gross yields that have historically tracked between 7% and 9%. JVC is also one of Dubai's highest-volume off-plan transaction zones — more than 30 active projects are tracked in the district, which means supply competition is structural rather than cyclical. OZONE1 holds no premium sub-location advantage within JVC; it competes on price per sqm, delivery timing, and build quality against a broad and active field of launches. Investors buying in JVC at the AED 13,600–17,300 per sqm range should verify current asking rents for delivered 69.4 sqm units in the immediate vicinity and should factor in service charges, which vary substantially by building and directly determine net yield after handover.
Object One has developed multiple boutique residential towers in JVC, with a naming architecture — Verdan1a, Flu1d, Elar1s, Ozone — that signals brand consistency across the portfolio. Buyers cross-shopping within the same developer should evaluate Verdan1a 5, Flu1d One, and Elar1s Axis as direct alternatives. These projects share developer credentials and area position but may differ on construction completion percentage, handover timeline, unit configuration, and per-sqm pricing. When comparing across the Object One portfolio, weight construction progress most heavily — a project that is closer to completion with a shorter remaining delay carries materially lower execution risk than one still early in its build cycle, even if the latter offers a lower headline price. Buyers who have already decided on Object One as a developer and are choosing between projects should select the option with the strongest verified completion percentage relative to its stated handover date.
JVC carries an active field of off-plan launches that buyers must benchmark against OZONE1 before committing. Tresora By Wadan and New Project By Empire offer alternative developer exposure within the same master community — relevant for buyers who want JVC positioning without concentrating on Object One's delivery record. Nexara Tower is a direct comparison target for buyers focused on the studio and compact one-bedroom price range, where per-sqm differentials of even AED 500–1,000 compound into meaningful capital appreciation gaps over a five-year hold. The strongest case for choosing OZONE1 over a competing JVC launch rests on three conditions being met simultaneously: a construction progress percentage that is closing the current delay gap, a per-sqm rate that is competitive against verified comparable transactions, and a payment plan structure that suits holding-cost tolerance through the remaining build period. Buyers who cannot confirm all three should review the full range of active off-plan projects before finalising a selection. The most useful next step for any buyer at this stage of evaluation is a detailed review of Jumeirah Village Circle (JVC) supply dynamics, rental benchmarks, and competing handover dates to establish whether OZONE1's timing and pricing justify the current delivery risk.

OZONE1 is 31.54% behind its original construction schedule with Q2 2026 still listed as the handover target. As of April 2026, that window is effectively the present — meaning the remaining gap represents a live delay rather than a forward projection. Buyers should request a DLD-verified construction completion update directly from Object One and should not treat Q2 2026 as confirmed until physical handover documentation is issued. Any payment plan tied to construction milestones needs to be cross-checked against verified progress, not developer-issued timelines.
OZONE1 studios price at AED 13,617 per sqm. Larger units reach AED 17,330 per sqm at the top of the range — mid-to-upper for active JVC off-plan launches. Competing projects including [Nexara Tower](/projects/nexara-tower), [Tresora By Wadan](/projects/tresora-by-wadan), and [New Project By Empire](/projects/new-project-by-empire) offer comparable area positioning and should be benchmarked on per-sqm rate, construction progress, and handover date before OZONE1 is selected on price alone. JVC studio yields have tracked between 7% and 9% gross in recent cycles, but the area's high supply volume makes net yield sensitive to final service charge levels and delivered build quality — neither of which is confirmed before handover.
A studio at AED 945K carries a 5% buyer-side fee of AED 47,250 plus a Dubai Land Department transfer fee of 4%, adding AED 37,800. Total acquisition costs above the purchase price reach approximately AED 85,050 before any financing charges, bringing the all-in entry cost to roughly AED 1.03M. Buyers using a payment plan should confirm whether any remaining installments fall due during the delay period, as holding costs through a construction overrun directly affect net return. The [buying process guide](/buy) covers how to structure due diligence on off-plan acquisitions through official DLD channels.

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