Off-plan · Freehold
SKY LEVEL 1
by Object One Real Estate Development · handover Q2 2029
SKY LEVEL 1, in plain numbers.
SKY LEVEL 1 is an off-plan commercial project by Object One Real Estate Development in Jumeirah Village Circle (Al Barsha South Fourth), Dubai. It is registered with the Dubai Land Department as project 4486, a 2b+g+5p+3 offices+35 residential floor + mf + r scheme, with works dated from August 2026. Handover is planned for Q2 2029. 440 units are registered, mostly one-bedroom homes of about 592 sq ft. The register shows 13 sales since September 2026, 10 of them in the last twelve months, at a median of AED 1,677 per sq ft.
- Entry price under AED 1.2M
- 26% above ready resales in Al Barsha South Fourth per sq ft
- 10 registered sales in 12 months
Land Department approved projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.
What is in SKY LEVEL 1.
Units by type from Dubai Land Department data, the prices they have sold at, and the developer’s price list on request.
| Type | Units in the project | Typical size | DLD sales, 2 years | Median price | AED / sq ft |
|---|---|---|---|---|---|
| 1 bedroom | 420 | 592 sq ft | 7 | AED 996,960 | 1,677 |
Matched to the Land Department project Sky Level 1 (project no. 4486).
How you pay.
- 10%On booking (down payment)10% of the price, about AED 95K on the starting price
- 50%During construction50% of the price, about AED 473K on the starting price
- 40%On handover40% of the price, about AED 378K on the starting price
A post-handover plan is also offered, where part of the price is paid after you receive the keys; ask us for its schedule.
Payment plan 10/50/40 as published by the developer, checked 26 Sept 2026. Plans change during a launch; we confirm the current one in writing before you reserve.
What SKY LEVEL 1 actually sells for.
Registered sale prices, not the developer's list prices.
| Date | Bedrooms | Sq ft | Price | AED / sq ft | Stage |
|---|---|---|---|---|---|
| 22 Oct 2026 | 1 B/R | 596 | AED 999,492 | 1,677 | Off-plan |
| 22 Oct 2026 | 1 B/R | 594 | AED 996,960 | 1,677 | Off-plan |
| 22 Oct 2026 | 1 B/R | 594 | AED 996,960 | 1,677 | Off-plan |
| 22 Oct 2026 | 1 B/R | 596 | AED 994,478 | 1,668 | Off-plan |
| 20 Oct 2026 | 1 B/R | 594 | AED 928,857 | 1,562 | Off-plan |
| 7 Oct 2026 | 1 B/R | 571 | AED 946,588 | 1,658 | Off-plan |
| 17 Sept 2026 | — | 1,356 | AED 3,244,680 | 2,393 | Off-plan |
| 17 Sept 2026 | — | 1,604 | AED 3,895,944 | 2,429 | Off-plan |
Source: Dubai Land Department open data, matched by the project name the Land Department uses. Unit numbers are never shown.
Where it is.
Jumeirah Village Circle, Dubai.
What it costs beyond the price.
- Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
- No agency fee to you when you buy from the developer: the developer pays our commission.
- Your payments go into the project's escrow account, released to the developer as construction is certified.
- At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.
General guidance; we confirm every fee for this project in writing before you reserve.
Questions people ask.
When is SKY LEVEL 1 handed over?
The developer plans handover for Q2 2029. Launch dates can move, and we track the registered progress for you.
Who is the developer of SKY LEVEL 1?
Object One Real Estate Development (registered as Object One Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 4486.
What is the payment plan for SKY LEVEL 1?
10% on booking (down payment), 50% during construction, 40% on handover. We confirm the current plan in writing before you reserve.
What is the price per square foot in SKY LEVEL 1?
Registered sales over the last 12 months have a median of AED 1,677 per sq ft, against about AED 1,330 for ready homes in Al Barsha South Fourth.
Can foreigners buy in SKY LEVEL 1?
Yes. SKY LEVEL 1 is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.
Is buying off-plan safe?
Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the Land Department sales before we recommend a project.
More off-plan projects.
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Off-planBinghatti Developers · Jumeirah Village Circle
Binghatti Amberhall
Off-planPasha One Real Estate Development · Jumeirah Village Circle