Sky Level 1

Key facts

Handover

Q2 2029

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Gymnasium
• Restaurants
• Children's Play Area

Location

Sky Level 1 sits in Jumeirah Village Circle.

Master plan

The developer’s own site plan for Sky Level 1, showing how the buildings, roads and open space sit together.

How Sky Level 1 compares

Entry here is AED 945,000, against a median of AED 715,874 across the 230 priced projects in Jumeirah Village Circle, which puts it above 173 of them and below 56. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q2 2029, alongside 65 other projects completing in the same quarter. Object 1 has 36 projects in our catalogue, 11 of them in Jumeirah Village Circle.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 10% on booking, 50% during construction and 40% at handover. The 50% due during construction falls in three instalments of 10% to 30%. At the AED 945,000 entry price, that is AED 95,000 to reserve a unit, AED 473,000 across the build, and AED 378,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 38,000 at this entry price. That 10% booking payment does not go to Object 1 directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 566 square feet at AED 945,000, which works out at AED 1,670 per square foot.

Ownership and residency

Sky Level 1 is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in 1 bedroom layouts.

What is on site

Shared facilities recorded for Sky Level 1 are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, gymnasium, restaurants and children's play area.

Frequently asked