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Object 1 launches SKY LEVEL 1 residential development in Dubai
Object 1 has launched SKY LEVEL 1, a new mixed-use residential development located in District 11 of Jumeirah Village Circle (JVC), Dubai. The project is scheduled to be completed in the second quarter of 2029.
The development will consist of 35 residential floors featuring 420 one-bedroom residences. In addition to housing, the complex will include dedicated office spaces, retail areas, parking, amenities, and rooftop facilities.
The launch comes amid strong rental demand in the JVC area. According to Bayut’s 2025 Dubai rental market report, the neighborhood is a top choice for mid-tier rentals, having seen an average annual increase in apartment transaction rents of 8.59% since 2024. Connectivity to the area has also been enhanced by the Roads and Transport Authority’s Hessa Street upgrade, which has improved travel times and doubled road capacity for surrounding communities.
Entities
Dubai · Jumeirah Village Circle · Object 1 · Roads and Transport Authority · Tatiana Tonu
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The development is scheduled for completion in the second quarter of 2029. www.bizpreneurme.com · www.biztoday.news · gulfnews.com
- [● 3 SOURCES] The completion of the Hessa Street upgrade has reduced travel times to approximately four minutes for surrounding communities including JVC. www.bizpreneurme.com · www.biztoday.news · gulfnews.com
- [● 3 SOURCES] Jumeirah Village Circle recorded an average 8.59% annual increase in apartment transaction rents from 2024. www.bizpreneurme.com · www.biztoday.news · gulfnews.com
- [● 3 SOURCES] SKY LEVEL 1 will feature 420 one-bedroom residences across 35 residential floors. www.bizpreneurme.com · www.biztoday.news · gulfnews.com
- [● 3 SOURCES] The project includes dedicated office, retail, parking, amenity, and rooftop spaces. www.bizpreneurme.com · www.biztoday.news · gulfnews.com
- [● 3 SOURCES] Object 1 has launched SKY LEVEL 1, a mixed-use residential development in District 11, Jumeirah Village Circle (JVC). www.bizpreneurme.com · www.biztoday.news · gulfnews.com