Ozone 1 Residence

Object 1 · Jumeirah Village Circle · 272 homes · Under construction

A Object 1 project under construction in Jumeirah Village Circle: 272 homes, 57% built. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,323 per sqft, 179% above the launch quarter.

Updated 27 Oct 2026
Under construction57% built, as reported to the register
272 homesStudios, 1 and 2 bedrooms
Jumeirah Village CircleDubai Land Department project 2977

Prices. Quarter by quarter since launch.

Launch quarter, Q2 2024AED 475/sqft
Median paid, Q3 2026AED 1,266/sqft
Sales, Jul 2025 to Jun 202653
Median paidLatest quarterLaunch quarter AED 475
5001,000Q2 24: AED 475/sqft, 122 salesQ3 24: AED 1,289/sqft, 24 salesQ4 24: AED 1,329/sqft, 13 salesQ2 25: AED 930/sqft, 18 salesQ3 25: AED 1,325/sqft, 32 salesQ4 25: AED 1,327/sqft, 15 salesQ3 26: AED 1,266/sqft, 14 salesQ2 24Q4 24Q2 25Q4 25Q2 26Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q2 2024475122
Q3 20241,28924
Q4 20241,32913
Q2 202593018
Q3 20251,32532
Q4 20251,32715
Q3 20261,26614

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverNot declared57% builtunder constructionPrice / sqftAED 475AED 1,323+179% on launch, off-plan median
Against the area. Median paid.
Ozone 1 Residence1,323

11% under the Jumeirah Village Circle median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Ozone 1 Residence be completed?

The register declares no completion date yet, and the project is reported 57% built.

What do homes in Ozone 1 Residence sell for?

From Jul 2025 to Jun 2026, 53 homes sold on the register at a median of AED 1,323 per sqft and AED 1.01M per home. By unit type: Studio AED 653K (10 sales), 1 BR AED 1M (25 sales), 2 BR AED 1.4M (18 sales). These are registered deeds, not the developer's price list.

Who built Ozone 1 Residence?

Object 1. The project is registered to Object 1 on the Dubai Land Department register, which lists 29 projects for the developer in Dubai, 27 of them under construction.

How many homes are in Ozone 1 Residence?

272, as counted on the Dubai Land Department register. The declared mix: 42 studios, 144 1 BR, 83 2 BR.

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