Jumeirah Village Circle · DLD district Al Barsha South Fourth Object 1DLD project 2977
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
A drawing, not this building: 56.83% built at DLD’s inspection on 14 Jul 2026
The short answer
Ozone 1 Residence is active on the DLD register, no completion date on the DLD register. It was 56.83% built at DLD’s inspection on 14 Jul 2026. Its 35 home sales over Oct 2025–Sep 2026 registered at a median AED 1.0m, AED 1,301 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
None listed
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
56.8%
DLD inspection, 14 Jul 2026
Median 1 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on15 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 973k
AED 1,283/sq ft · 15 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on35 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.0m
35 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on35 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
35
−48% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 15 home sales; median size 747 sq ft.
The DLD project register
Active
No completion date on the DLD register
56.83% built at DLD’s inspection on 14 Jul 2026.
Built, at DLD’s latest inspection56.83%
DLD project number
2977
Status
Active
Completion date
None listed
Start date
4 Jan 2024
Registered
30 Apr 2024
Developer
Object One Real Estate Development L.L.C · DLD developer 1579
Escrow account bank
Abu Dhabi Islamic Bank
Units
272
Buildings
1: Ozone 1 Residence
Inspection history: 7 inspections on the register
Inspection date
Built
14 Jul 2026
56.83%
7 May 2026
53.76%
24 Dec 2025
47.73%
23 Sep 2025
38.89%
3 Jun 2025
27.32%
10 Oct 2024
10.52%
4 Mar 2024
0%
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Object 1 can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2977-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026
Size
Sales
Median price
Median AED /sq ft
Median size, sq ft
Studio
6
AED 629k
1,467
428
1 BR
15
AED 973k
1,283
747
2 BR
14
AED 1.5m
1,276
1,141
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contract
Enter the size and the asking price to compare them with registered sales.
Launch: first 90 days of registered sales of off-plan homes, 10 May 2024 to 7 Aug 2024. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Jumeirah Village Circle, Oct 2025–Sep 2026.
Object 1’s newest ads
None of Object 1’s 10 running ads names Ozone 1 Residence; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
Another recognition of excellence.
Object 1 has been named Developer of the Year 2026 at the Smart Built Environment Awards.
A remarkable milestone reflecting our continued growth, the strength of our vision, and the dedication of the team behind every achievement.
Progress continues at LUM1NAR Tower 2.
Rising in Jumeirah Village Triangle, the project brings together contemporary architecture and elevated living, with expansive views stretching across the Dubai skyline.
With every step forward, the vision moves closer to completion.
IR1DIAN PARK and IR1DIAN PARK 2 LIVING continue to take shape, bringing a shared vision of refined modern living to life.
Distinctive architecture, clean lines, carefully considered details, and a strong sense of form are gradually defining the identity of both projects.
With every new detail, their distinctive character becomes more apparent, further shaping the evolving landscape of JVC.
At Object 1, we create spaces that open the door to endless possibilities.
Places to live, work, connect, and enjoy life to the fullest, with every detail designed around the way you live.
Discover a world of possibilities with Object 1.
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
31%Studio
53%1
13%2
2%3
1%4
0%5+
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
18,778 sales2025+1037%on 2019
Full years only, registered sales of every type. 7,961 sales in 2026 to 5 Oct.
Off-plan share
61% of the 12,558 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summary
Sales by year and by month
Year
Sales
Off-plan
Ready
Value
Median home price
Median AED /sq ft
2023
1
0
1
AED 24.6m
—
—
2024
161
161
0
AED 121m
AED 1.0m
1,312
2025
69
69
0
AED 74.3m
AED 1.0m
1,323
2026 to 5 Oct
20
20
0
AED 23.4m
AED 1.1m
1,232
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
251sales registered, Jun 2023 to Sep 2026
Every registered sale, all property types.
Other projects in Jumeirah Village Circle
12,558 sales were registered in Jumeirah Village Circle over Oct 2025–Sep 2026, with homes at a median AED 1,413 per sq ft over Jul–Sep 2026.
Ozone 1 Residence is a Object 1 project in Jumeirah Village Circle, Dubai, registered with the Dubai Land Department as project 2977 by Object One Real Estate Development L.L.C. The register lists it as active, with no completion date, 56.83% built at DLD’s inspection on 14 Jul 2026.
251 sales have been registered since Jan 2019, the first on 23 Jun 2023, 35 of them over Oct 2025–Sep 2026. Over those twelve months its 35 home sales registered at a median AED 1.0m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 88th of the 406 projects with a registered sale in Jumeirah Village Circle, and 3rd of Object 1’s 14.
Questions about Ozone 1 Residence
When will Ozone 1 Residence be finished?
The DLD register lists no completion date. It was 56.83% built at DLD’s inspection on 14 Jul 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Ozone 1 Residence finished?
No. The DLD register lists it as active, 56.83% built at the inspection on 14 Jul 2026.
What do homes in Ozone 1 Residence sell for?
Studio: a median AED 629k, AED 1,467 per sq ft, from 6 sales; 1 BR: a median AED 973k, AED 1,283 per sq ft, from 15 sales; 2 BR: a median AED 1.5m, AED 1,276 per sq ft, from 14 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Ozone 1 Residence had?
251 sales registered with the Dubai Land Department since Jan 2019, 35 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Ozone 1 Residence?
The DLD register lists Object One Real Estate Development L.L.C, DLD developer number 1579, which we group under Object 1.
Where is Ozone 1 Residence?
In Jumeirah Village Circle, Dubai. The Dubai Land Department registers its sales under the district Al Barsha South Fourth. Homes there registered at a median AED 1,413 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Ozone 1 Residence?
The DLD project register lists an escrow account with Abu Dhabi Islamic Bank for Ozone 1 Residence.
Cite this page
Ozone 1 Residence, Jumeirah Village Circle. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/ozone-1-residence