42-storey mixed-use tower in Jumeirah Village Circle (JVC)
2026 project trace marking new launch phase
High-rise format in a mid-density community zone
Mixed-use positioning supports rental diversification
Located in one of Dubai’s highest transaction-volume areas
Single basement parking integrated within tower structure
Developed by emerging developer Object One
Positioned in JVC’s ongoing vertical expansion cycle
Potential for great capital appreciation in future
Sky Level 1 is a 42-storey mixed-use project in Jumeirah Village Circle (JVC), Dubai. The project is an extension of one of Dubai's most vibrant residential areas and is being developed by Object One Real Estate Development.
The tower is a mixed-use development in one vertical mass, facilitating multiple uses and occupants. The building features one parking level in the basement. This results in a compact footprint providing basic infrastructure support.
In May 2026, the initial project trace was recorded, making it one of the newest developments to come into the JVC project market cycle. The project is consistent with JVC's current vertical development trend, which is caused by the shortage of land space and thus the construction of high-rise buildings.
With its ongoing development, Sky Level 1 is part of JVC's growing skyline and helps to address the continuous demand for mid-market housing and investment opportunities based around rentals in Dubai.
Apartment
Community Layout
The positioning of Sky Level 1 falls within the masterplan that has been developed for Jumeirah Village Circle, which is designed as a community built around circular layouts and sector-by-sector zoning. The tower is based on a “vertical development” concept, where the land utilization is maximized in a small area.
Sky Level 1 Masterplan design provides for a mixed-use approach. This enables residential, retail, and service elements to all exist within proximity to each other. This is advantageous for Sky Level 1 as it provides access to the internal roads, community facilities, and commercial areas.
The addition of a basement parking level provides for organized vehicle management within the building footprint. The tower fits into the densification policy that is being followed in JVC, with the emergence of high-rise buildings on mid-rise plots. This transformation enables the support of population growth and ensures infrastructure connectivity. The project complements the overall urban planning concept of JVC. This remains a much-needed residential and rental hub in Dubai.
Explore the complete master plan for Sky Level 1 at JVC By Object One
View the full community layout, open spaces, and planning details.
The vertical structure of Sky Level 1 has a combination of residential unit configurations. Sky Level 1 Floor Plan includes layouts that are compact, efficient, and appropriate for high-rise living. The building's mixed-use design offers flexibility in planning the units, providing benefits for both end-users and rental property investors within the mid-market segment of JVC.
Unit Configuration
Explore detailed floor plans for Sky Level 1 at JVC By Object One
Click on any unit to view detailed layouts
Sky Level 1 is a newly launched high-rise development, so it's usually new market entries with competitive entry points. JVC's historical performance of PTRs is favorable, which is beneficial for the initial investor. Early participation could bring some rental yield and future price appreciation to the buyer.
Installment Details
Sky Level 1 Payment Plan is in accordance with the construction-linked financing model. This usually involves a down payment, then payments based on construction work performed. The balance will be paid on completion. This is a phased model, which allows for investor liquidity management and financial commitment to the project as per its development.
Need the complete payment breakdown for Sky Level 1 at JVC By Object One?
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Q2 2026
Ongoing
To Be Announced
Sky Level 1 is situated in one of Dubai's most sought-after residential communities, Jumeirah Village Circle. The area has good connectivity with the major roads and other key districts. JVC is well known for its balance of residential and commercial infrastructure for end-users and investors alike. The area is well connected to existing road infrastructure, facilitating easy transportation throughout Dubai while promoting a sense of community.
Dubai Marina – 15 KM
Downtown Dubai – 20 KM
Business Bay – 18 KM
Dubai International Airport – 28 KM
Al Khail Road – 10 KM
Sheikh Zayed Road – 15 KM
The concept of vertical urban living is developed by Sky Level 1 in which integrated lifestyle facilities are provided. The mixed-use building enables residents to easily access services within the building or surrounding areas. JVC's proven systems complement the lifestyle experience all together. The project is in line with the typical high-rise amenity provision and emphasizes its functional, accessible and daily usability within a small residential space.
Sky Level 1 is located in the community of JVC, which is one of Dubai's top transaction areas. The project enjoys good rental demand due to the affordability and location. JVC's rental absorption remains strong as population growth is generally matched by rises in the number of units provided by high-rise developments. The mixed-use model provides flexibility and income diversification potential.
JVC ranks among top areas for transactions in Dubai
Average rental yields in JVC range between 6%–8%
High demand for affordable apartments in Dubai
Continuous infrastructure expansion in JVC
Mixed-use format supports rental flexibility
New launch phase offers early price advantage
Dubai's Object One Real Estate Development is a top player in the market specializing in residential and mixed-use properties. The company is one of the new breed of developers moving in on hot markets like JVC. The market has seen an active engagement by mid-sized developers, which has been expanding Dubai's supply of properties, especially in the mid-market and high-yield investment brackets of the market.
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