New homes in Ozone1 Residences start at AED 650,000; the keys were due Feb 2026; you pay 10% to book, 60% while it is built and 30% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 862 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Circle. Their median price is AED 1,670 per sq ft (about AED 713,000 at 427 sq ft). This project's from price is AED 1,522 per sq ft (AED 650,000 for its smallest home, 427 sq ft), 9% less.
Keys
Feb 2026
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
10 / 60 / 30
10% to book, 60% while it is built, 30% at the keys
Bedrooms
Studio to 2 beds
Sizes
427 to 1,537 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,522 per sq ft
Similar off-plan homes: AED 1,670 per sq ft
RERA project
2977
Check it in Dubai REST, the Dubai Land Department's official app.
Built
57%
Being built. DLD register, Nov 11, 2026
Escrow account
مصرف ابوظبى الاسلامى
The bank that holds your payments
Registered homes
272
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 60% as the building goes up, and 30% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 10%
Booking
10%
AED 65,000+ AED 26,000 DLD fee
AED 91,000
As it is builtWhile it is built · 60%
While it is built
60%
AED 390,000
AED 481,000
At the keys (Feb 2026)Keys · 30%
Keys
30%
AED 195,000
AED 676,000
Booking payment, 10%
AED 65,000
Dubai Land Department fee (Oqood), 4%
AED 26,000
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 91,000
Total costPrice plus the DLD fee
AED 676,000
The handover date (Feb 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 862 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Ozone 1 Residence sold in 24 months, so we compare with off-plan sales across Jumeirah Village Circle.
Dubai Land Department recorded 862 off-plan sales of studio apartments of 414 sq ft to 621 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,670 per sq ft
AED 825 to AED 1,036 per sq ft
14 sales
AED 1,036 to AED 1,248 per sq ft
49 sales
AED 1,248 to AED 1,459 per sq ft
101 sales
AED 1,459 to AED 1,671 per sq ft
269 sales
This project's from price is in this band.
AED 1,671 to AED 1,882 per sq ft
217 sales
AED 1,882 to AED 2,094 per sq ft
110 sales
AED 2,094 to AED 2,305 per sq ft
62 sales
AED 2,305 to AED 2,517 per sq ft
40 sales
AED 825 per sq ftAED 2,517 per sq ft
This project AED 1,522 per sq ft
Half of the sales sold for AED 1,516 to AED 1,872 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 825 to AED 1,036 per sq ft
14
AED 1,036 to AED 1,248 per sq ft
49
AED 1,248 to AED 1,459 per sq ft
101
AED 1,459 to AED 1,671 per sq ft
269
AED 1,671 to AED 1,882 per sq ft
217
AED 1,882 to AED 2,094 per sq ft
110
AED 2,094 to AED 2,305 per sq ft
62
AED 2,305 to AED 2,517 per sq ft
40
The 3 closest sales
Picked from the 862 similar sales above, closest in size to this project's smallest home.
May 2026AED 750,000AED 1,756 per sq ftAlmaan 101, 427 sq ft
Apr 2026AED 850,000AED 1,990 per sq ftONE PARK SQUARE BY IMAN, 427 sq ft
Jan 2026AED 670,000AED 1,570 per sq ftAllura Residences by Citi Developers, 427 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 650,000 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
9% below 862 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
8%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
6.5%
Typical gross yield of similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (427 sq ft)
AED 8,113
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 650,000 = 8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Dubai Internet City Metro Station5.8 km, 14 min driveMetro station
JSS International School1.7 km, 3 min driveSchool
Nord Anglia International School1.8 km, 4 min driveBritish school
Circle Mall900 m, 15 min walkMall
Mediclinic Springs3.9 km, 8 min driveHospital
Dubai Internet City6.2 km, 17 min driveOffices
The Els Club, Dubai Sports City3.4 km, 10 min driveGolf
Ozone1 Residences is an Object One Real Estate Development building in Jumeirah Village Circle, with studios to two-bedroom apartments from AED 650,000. Handover was listed for February 2026, which has passed, so ask for the current status and the completion certificate before you pay anything.
The listed handover month, February 2026, is now about nine months behind us, so the date in the listing may be out of date. Ask the developer whether the building has its completion certificate, what stage the works are at, and when handover is now expected.
On price, the from price per square foot is 8.8% below 862 similar studio off-plan sales registered in Jumeirah Village Circle over the 12 months to November 2026. That is an area comparison, not one with this building.
The plan is 10% on booking, 60% during construction and 30% on handover. At the from price the parts are AED 65,000, AED 390,000 and AED 195,000. Because the handover date has passed, ask which of the construction payments are still to come. The 4% DLD fee comes to AED 26,000.
The listing gives sizes of 427 to 1,537 sq ft, so ask for the floor plan of the unit. Residents get a shared pool, a gym, a spa, a barbecue area and a children's play area. By our map, the HealthHub JVC clinic is about 120 m away, and JSS International School and Nord Anglia International School are about 1.7 km and 1.8 km away. Dubai Internet City Metro Station is about 5.8 km, around 14 minutes by car by our estimate.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
Studio
1 BR
2 BR
How prices moved
Median price of studio apartments in Jumeirah Village Circle, over the 12 months to each dateUp 14% from Dec 2024 to Sep 2026.
Dec 2024AED 1,601 per sq ft
Sep 2026AED 1,825 per sq ft
Show as tableShow as chart
12 months to
Median price
Sales
Sep 2026
AED 1,825 per sq ft
2,549 sales
Jun 2026
AED 1,794 per sq ft
3,446 sales
Mar 2026
AED 1,762 per sq ft
4,374 sales
Dec 2025
AED 1,751 per sq ft
4,521 sales
Sep 2025
AED 1,706 per sq ft
4,332 sales
Jun 2025
AED 1,671 per sq ft
3,978 sales
Mar 2025
AED 1,625 per sq ft
3,527 sales
Dec 2024
AED 1,601 per sq ft
3,576 sales
Off-plan sales only.
Questions about this project
When is handover?
The listed handover was February 2026, so it may be out of date; ask the developer for the current status and the completion certificate.
Who is building it?
Object One Real Estate Development. The building is in Jumeirah Village Circle and is freehold.
How does the price compare with JVC sales?
The from price per square foot is 8.8% below 862 similar studio off-plan sales in Jumeirah Village Circle over the 12 months to November 2026.
What is the payment split?
10% on booking, 60% during construction and 30% on handover: AED 65,000, AED 390,000 and AED 195,000 at the from price. Separately, the 4% DLD fee comes to AED 26,000; ask when it is due.
What size are the units?
The listing gives 427 to 1,537 sq ft. Ask for the floor plan before you book.
