New Launch - India Real Estate Report 2026.
Object 1 has launched SKY LEVEL 1, a mixed-use residential tower in District 11, Jumeirah Village Circle.
The development will deliver 420 one-bedroom apartments across 35 residential floors. It also includes dedicated office, retail, parking, amenity and rooftop spaces.
Completion is scheduled for Q2 2029. The launch is Object 1's first new project of 2026.
Why JVC Remains a Strong Market
JVC is one of Dubai's most active mid-market residential communities. Bayut's 2025 Dubai rental market report named it a top choice for mid-tier apartment rentals.
Average apartment transaction rents rose 8.59% year-on-year from 2024. Practical layouts, family-friendly infrastructure and strong rental demand continue to attract both investors and end-users.
The Roads and Transport Authority's completed Hessa Street upgrade has also improved connectivity significantly.
Travel times to several surrounding areas now take approximately four minutes. Road capacity in both directions has doubled.
What SKY LEVEL 1 Offers Residents
The building introduces a more digitalised living experience than Object 1's previous projects. Amenities span across a dedicated lifestyle deck:
- Sky Infinity Pool and panoramic sky deck with sun loungers
- Sky Observation Deck with digital telescopes for viewing constellations, planets and satellites
- AI-powered Smart Wellness Zone with a Smart Mirror offering real-time movement analysis, form correction and interactive workout guidance
- Digital Coloring Wall for children that transforms drawings into interactive digital experiences
- Smart access integrated throughout the building
Also Read: Casagrand Plans 6 Million Sq Ft Dubai Pipeline in 3 Years
Delivery Track Record Backing the Launch
Tatiana Tonu, CEO of Object 1, described the launch as disciplined rather than opportunistic.
She said two of the company's projects received Building Completion Certificates in H1 2026, with several more preparing for handover.
That delivery record gives the company confidence to keep expanding in JVC.
She added that JVC's accessibility, rental demand and end-user relevance continue to support long-term value for both the developer and buyers.
Also Read: Object 1 Completes V1TER Residence in Dubai's JVC
Market Backdrop
The launch comes as Dubai's residential sector continues its strong run. The emirate recorded Dh252 billion in real estate transactions in Q1 2026.
That represents a 31% increase compared to the same period last year. For a mid-market developer focused on JVC, that macro backdrop reinforces the case for continued supply.
Object 1 is betting that the community's fundamentals rental yields, connectivity and family infrastructure will sustain demand through to SKY LEVEL 1's 2029 delivery date and beyond.
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