10 New & Off-Plan Projects by Object 1 in Al Furjan, Jumeirah Village Circle
Project Listings
V1ter Residence
Launch price:
AED 536,537
RA1N Residence
Launch price:
AED 1,018,919
1Wood Residence
Launch price:
AED 635,136
The Fifth Tower
Launch price:
AED 554,000
Ozone 1 Residence
Launch price:
AED 644,000
IR1DIAN Park
Launch price:
AED 772,000
Tetris Tower
Launch price:
AED 737,000
IR1DIAN Park Phase 2 By object 1
Launch price:
AED 827,530
1WOOD Residence Phase 2 By Object 1
Launch price:
AED 788,117
Alta View Skyhomes
Launch price:
AED 748,000
What Are Off-Plan Properties?
Off-plan properties are real estate developments purchased directly from the developer before construction is completed. In the UAE, this investment model has become one of the most popular ways to enter the property market, offering buyers the opportunity to secure units at pre-launch or early-stage prices that are typically 10-30% below the market value of completed properties.
The UAE's off-plan market is regulated by the Real Estate Regulatory Agency (RERA) in Dubai and equivalent bodies in other emirates. Developers are required to register projects with RERA and maintain escrow accounts, providing buyers with a layer of financial protection. This regulatory framework has made the UAE one of the most transparent off-plan markets in the region.
Benefits of Buying Off-Plan in the UAE
Lower Entry Prices
Off-plan units are priced below completed properties, allowing buyers to enter premium locations at accessible price points.
Flexible Payment Plans
Developers offer structured payment plans — typically 10-20% down payment with installments spread across the construction period.
Capital Appreciation
Properties often appreciate in value during the construction phase, providing potential returns before handover.
First Choice of Units
Early buyers can select preferred floor plans, views, and unit positions within the development.
How Payment Plans Work
Off-plan payment plans in the UAE are designed to make property ownership accessible. A typical structure involves a down payment of 10-20% at the time of booking, followed by construction-linked installments of 40-50%, and a final payment of 30-40% upon handover. Some developers offer post-handover payment plans that extend 2-5 years after completion, further reducing the upfront financial commitment.
Popular Areas for Off-Plan Investment
Dubai remains the epicenter of off-plan activity in the UAE. Key areas include Dubai Marina for waterfront living, Downtown Dubai for luxury high-rises near the Burj Khalifa, Business Bay for urban professionals, Jumeirah Village Circle (JVC) for affordable family homes, and Dubai Hills Estate for premium villa communities.