Developer profile · Since 2022

Object 1

Mid-market towers in JVC and JVT, first handovers in 2026

See what’s selling now Ask us about Object 1

319Homes delivered

2022Founded

60/40Typical payment plan

10-14 monthsTypical delay

At a glance

A fast-growing JVC and JVT apartment developer with a large pipeline and only two completed towers so far

Object 1 entered the UAE in 2022 and has launched towers at an unusual pace.

Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked October 2026 · 28 sources

Read our full verdict

Its website lists 27 projects across Dubai and Abu Dhabi as of October 2026. Only two are complete: RA1N Residence (March 2026) and V1TER Residence (July 2026), both in JVC. Portal timelines show both finished about 10 to 14 months after the dates first published, and several other towers have passed their published dates with no completion announced. Prices are mid-market, with studios from about AED 700,000 and payment plans that often include a post-handover option. The company is private and publishes no financial accounts. It suits buyers who accept delivery risk in return for entry-level pricing and flexible plans. Check the DLD-registered completion date before you commit.

Best for

First-time investors
Studio and 1-bed buyers
Post-handover plan seekers

Delivery recordPatchy

PricesMid-market

Payment plans60/40

Post-handover plansCommon

What Object 1 does well

The first two towers, RA1N Residence and V1TER Residence in JVC, were completed in March and July 2026.
Entry prices are low for new-build Dubai, with studios in Dubai Land Residence Complex from about AED 700,000 in October 2026.
Many projects offer a choice of plans, including options that move 30% to 40% of the price to after handover.

All 5 points in full

The first two towers, RA1N Residence and V1TER Residence in JVC, were completed in March and July 2026.
Entry prices are low for new-build Dubai, with studios in Dubai Land Residence Complex from about AED 700,000 in October 2026.
Many projects offer a choice of plans, including options that move 30% to 40% of the price to after handover.
The company said in December 2025 that Dubai Land Department data placed it among the top 15 developers in Dubai and the top three in JVC and JVT.
Design, development and construction sit inside one holding company, according to the chairman in October 2026.

Check before you buy

Only 2 of 27 listed projects were complete by October 2026, so the delivery record is short.
Portal timelines show RA1N was due in December 2024 and V1TER in September 2025, so both finished about 10 to 14 months late.
1WOOD, OZONE 1, THE W1NNER, LUM1NAR Tower 1 and EVERGR1N HOUSE have passed their published completion dates, and LUM1NAR Tower 1 was shown at 23% built in April 2026 against an August 2026 date.

All 5 points in full

Only 2 of 27 listed projects were complete by October 2026, so the delivery record is short.
Portal timelines show RA1N was due in December 2024 and V1TER in September 2025, so both finished about 10 to 14 months late.
1WOOD, OZONE 1, THE W1NNER, LUM1NAR Tower 1 and EVERGR1N HOUSE have passed their published completion dates, and LUM1NAR Tower 1 was shown at 23% built in April 2026 against an August 2026 date.
The company is private and publishes no accounts, while it has taken on a large Abu Dhabi land commitment with a stated project value of AED 4.5 billion.
Handover dates and payment plans differ between portals and brokers, and the official site does not publish them.

Selling now

Object 1 projects you can buy

Prices change quickly. Tap a project and we’ll send today’s prices and floor plans.

All 10 Object 1 project guides

Selling now

Jumeirah Village Circle (District 11)

SKY LEVEL 1

Prices and floor plans sent on request

HandoverQ2 2029Plan10/50/40Beds1

Details

Type: Apartments in a mixed-use tower
Bedrooms: 1
Sizes: From 566 sq ft

View project

Selling now

Al Reem Island, Abu Dhabi

A1LA RESIDENCE

Prices and floor plans sent on request

HandoverQ4 2028Plan10/40/50Beds1 to 3

Details

Type: Apartments and duplexes
Bedrooms: 1 to 3
Sizes: 818 to 2,191 sq ft

View project

Selling nowDubai Islands area

Dubai Islands

FLU1D ONE

Prices and floor plans sent on request

HandoverQ4 2028 (some sellers quote Q2 2028)Plan50/50Beds1 to 3.5

Details

Type: Apartments and duplexes
Bedrooms: 1 to 3.5
Sizes: 770 to 1,644 sq ft

Selling now

Dubai Land Residence Complex

VERDAN1A 4

Prices and floor plans sent on request

HandoverQ4 2027 to Q2 2028 (sources differ)Plan10/50/40BedsStudio to 3.5

Details

Type: Apartments
Bedrooms: Studio to 3.5
Sizes: 425 to 1,522 sq ft

View project

Under construction

Jumeirah Village Triangle (District 3)

ELAR1S SKY

Prices and floor plans sent on request

HandoverQ4 2028Plan70/30BedsStudio to 2

Details

Type: Apartments
Bedrooms: Studio to 2
Sizes: 390 to 1,152 sq ft

View project

Under construction

Jumeirah Village Triangle (District 3)

ELAR1S RISE

Prices and floor plans sent on request

HandoverQ3 2028Plan70/30BedsStudio to 2

Details

Type: Apartments with retail and offices
Bedrooms: Studio to 2
Sizes: Not published

View project

Show all 12 projects

Selling nowJumeirah Village Triangle area

Jumeirah Village Triangle

ELAR1S AXIS

Prices and floor plans sent on request

HandoverQ3 to Q4 2028 (sources differ)Plan70/30BedsStudio to 2

Details

Type: Apartments
Bedrooms: Studio to 2
Sizes: Not published

Under construction

Jumeirah Village Circle

ALTA V1EW

Prices and floor plans sent on request

HandoverQ4 2028 (DLD-derived data shows June 2029)Plan70/30BedsStudio to 2

Details

Type: Apartments
Bedrooms: Studio to 2
Sizes: Not published

View project

Under construction

Jumeirah Village Circle (District 13), Dubai

IR1DIAN PARK

Prices and floor plans sent on request

HandoverQ2 2027 (DLD-derived data shows February 2027)Plan20/40/40BedsStudio, 1, 1.5, 2

Details

Type: Apartments
Bedrooms: Studio, 1, 1.5, 2
Sizes: 419 to 1,844 sq ft

View project

Under construction

Jumeirah Village Triangle (District 2), Dubai

S1LVIANA PARK

Prices and floor plans sent on request

HandoverQ1 2027Plan70/30BedsStudio, 1, 1.5, 2, 2.5

Details

Type: Apartments
Bedrooms: Studio, 1, 1.5, 2, 2.5
Sizes: From 445 sq ft (studio) to about 1,197 sq ft (2-bed)

View project

Under construction

Al Furjan, Dubai

V1STARA HOUSE 2

Prices and floor plans sent on request

HandoverQ3 2027 (DLD-derived data shows December 2027)Plan20/40/40Beds1, 1.5, 2.5, 3.5

Details

Type: Apartments
Bedrooms: 1, 1.5, 2.5, 3.5
Sizes: 856 to 3,598 sq ft

View project

Under construction

Dubai Land Residence Complex, Dubailand

VERDAN1A 2

Prices and floor plans sent on request

HandoverQ2 2027 (DLD-derived data shows March 2027)Plan60/40BedsStudio, 1, 2, 3.5

Details

Type: Apartments
Bedrooms: Studio, 1, 2, 3.5
Sizes: 461 to 1,943 sq ft

View project

Compare all 12 Object 1 projects in a table

Object 1 projects selling now: area, starting price, payment plan and handover date
				Bedrooms
SKY LEVEL 1	Jumeirah Village Circle (District 11)	10/50/40	Q2 2029	1
A1LA RESIDENCE	Al Reem Island, Abu Dhabi	10/40/50	Q4 2028	1 to 3
FLU1D ONE	Dubai Islands	50/50	Q4 2028	1 to 3.5
VERDAN1A 4	Dubai Land Residence Complex	10/50/40	Q4 2027 to Q2 2028	Studio to 3.5
ELAR1S SKY	Jumeirah Village Triangle (District 3)	70/30	Q4 2028	Studio to 2
ELAR1S RISE	Jumeirah Village Triangle (District 3)	70/30	Q3 2028	Studio to 2
ELAR1S AXIS	Jumeirah Village Triangle	70/30	Q3 to Q4 2028	Studio to 2
ALTA V1EW	Jumeirah Village Circle	70/30	Q4 2028	Studio to 2
IR1DIAN PARK	Jumeirah Village Circle (District 13), Dubai	20/40/40	Q2 2027	Studio, 1, 1.5, 2
S1LVIANA PARK	Jumeirah Village Triangle (District 2), Dubai	70/30	Q1 2027	Studio, 1, 1.5, 2, 2.5
V1STARA HOUSE 2	Al Furjan, Dubai	20/40/40	Q3 2027	1, 1.5, 2.5, 3.5
VERDAN1A 2	Dubai Land Residence Complex, Dubailand	60/40	Q2 2027	Studio, 1, 2, 3.5

Tap a column heading to sort. Dates as checked October 2026.

Track record

Does Object 1 finish on time?

Patchy

Object 1 has completed two towers. RA1N Residence was announced as complete in March 2026 and the DLD registry records completion on 10 March 2026.

See project by project (7)

ProjectRA1N Residence, JVC
PromisedDecember 2024
What happenedCompleted. DLD registry completion 10 March 2026
ProjectV1TER Residence, JVC
PromisedSeptember 2025
What happenedCompleted. Announced 27 July 2026
Project1WOOD Residence, JVC
PromisedJuly 2025
What happened70.16% built in October 2025. No completion announcement found by October 2026
In progress
ProjectTHE W1NNER, JVT
PromisedMarch 2026
What happened14.49% built in June 2025. No completion announcement found by October 2026
In progress
ProjectOZONE 1, JVC
PromisedMay 2026
What happened47.73% built in December 2025. No completion announcement found by October 2026
In progress
ProjectEVERGR1N HOUSE, Jumeirah Garden City
PromisedQ2 2026
What happened47.94% built in December 2025. No completion announcement found by October 2026
In progress
ProjectLUM1NAR Tower 1, JVT
PromisedAugust 2026
What happened18.8% built in December 2025. Listings citing DLD data showed 23% at an April 2026 inspection
In progress

Projects they have finished (2)

RA1N ResidenceJumeirah Village Circle (District 12) · ApartmentsCompleted 2026

V1TER ResidenceJumeirah Village Circle (District 12) · ApartmentsCompleted 2026

Communities

Where Object 1 builds

Tap one for our area guide.

Jumeirah Village Circle65 homes managed by us

Jumeirah Village Triangle2 homes managed by us

Al FurjanArea guide

Dubai Sports City12 homes managed by us

Also builds in Dubai Land Residence Complex, Jumeirah Garden City.

Prices

Object 1 prices and rental returns

There is little resale history because the first towers only completed in 2026.

RA1N Residence, JVC

AED 1,353/sq ftNot published yield

V1TER Residence, JVC

AED 1,280/sq ftNot published yield

1WOOD Residence, JVC

AED 1,428/sq ftNot published yield

OZONE 1, JVC

AED 1,198/sq ftNot published yield

LUM1NAR Tower 1, JVT

AED 1,522/sq ftNot published yield

AUREL1A Residence, Dubai Sports City

AED 1,325/sq ftNot published yield

EVERGR1N HOUSE, Jumeirah Garden City

AED 2,418/sq ftNot published yield

See the full figures

There is little resale history because the first towers only completed in 2026. Recent registered sales shown on Property Finder put RA1N and V1TER one-bedroom flats at about AED 1,280 to 1,350 per sq ft in July 2026. Off-plan resales in towers still under construction ranged from about AED 1,200 per sq ft at OZONE 1 to about AED 2,420 at EVERGR1N HOUSE. These are single transactions, not averages, so treat them as a guide only. No measured rental yields exist yet for the completed towers. The portal's 7% figure is an estimate, not actual rents.

Community	Price per sq ft	Change	Gross yield
RA1N Residence, JVC	AED 1,353 (1-bed, July 2026)	Not published	Not published (portal estimate 7%)
V1TER Residence, JVC	AED 1,280 (1-bed, July 2026)	Not published	Not published (portal estimate 7%)
1WOOD Residence, JVC	AED 1,428 (studio, July 2026)	Not published	Not published
OZONE 1, JVC	AED 1,198 (1-bed, July 2026)	Not published	Not published
LUM1NAR Tower 1, JVT	AED 1,522 (1-bed, July 2026)	Not published	Not published
AUREL1A Residence, Dubai Sports City	AED 1,325 (1-bed, June 2026)	Not published	Not published
EVERGR1N HOUSE, Jumeirah Garden City	AED 2,418 (1-bed, May 2026)	Not published	Not published

Asking prices, gross yields. Work out a net return

Payment plans

Object 1 payment plans

A typical Object 1 plan

10%50%40%

On bookingDuring constructionOn handover

On a home priced at AED 1,000,000 that is AED 100,000 on booking, AED 500,000 during construction, AED 400,000 on handover. Government registration fees are paid on top.

Payment plansVary by project. Recent launches show 10/50/40, 20/40/40, 70/30 and, in Abu Dhabi, 10/40/50.

Vary by project. Recent launches show 10/50/40, 20/40/40, 70/30 and, in Abu Dhabi, 10/40/50 (portal data, October 2026). The official site does not publish plans.

Post-handover plansOffered as an option on many projects, usually 30% to 40% paid after handover.

Offered as an option on many projects, usually 30% to 40% paid after handover. Examples include VERDAN1A 3, 4 and 5, 1WOOD Residence 2 and the LUM1NAR Towers.

Golden VisaNot published by the developer. The UAE 10-year property visa needs property worth AED 2 million or more, and most Object 1 homes are priced below that.

Mortgages on off-planNot published. Banks normally lend on Dubai off-plan homes only near or at handover, so check with a lender early if a large handover payment applies.

Service chargesNot published. Check the RERA Service Charge Index for RA1N and V1TER once their first budgets are approved.

Buyer protectionDubai off-plan payments go into a DLD-regulated escrow account for each project.

Dubai off-plan payments go into a DLD-regulated escrow account for each project. Confirm the project registration and escrow account number with the DLD before paying.

Is Object 1 right for you?

Object 1 suits investors and first-time buyers who want a new studio or one-bedroom flat in JVC, JVT or Dubai Land Residence Complex at an entry-level price, and who value a post-handover payment option.

Talk to an adviser Send an enquiry

Read Object 1’s story

2022Object 1 enters the UAE market, led by founder and chairman Egor Maslennikov.
2023Sales start at V1TER Residence (June) and RA1N Residence (July) in JVC. 1WOOD Residence follows in December.
2024A run of launches in JVC and JVT, including OZONE 1, THE W1NNER, LUM1NAR Towers and EVERGR1N HOUSE in Jumeirah Garden City.
2025Launches V1STARA HOUSE in Al Furjan and the VERDAN1A series in Dubai Land Residence Complex. Opens an Abu Dhabi office. Launches ELAR1S Sky and ELAR1S Rise in JVT in October.
January 2026Acquires four waterfront plots on Al Reem Island, Abu Dhabi, with over 2 million sq ft of development area and a stated combined sales value of AED 4.5 billion.
March 2026Announces 100% completion of RA1N Residence in JVC, its first finished tower (144 units).
April 2026Launches A1LA Residence on Al Reem Island, its first Abu Dhabi project (171 homes).
July to August 2026Completes V1TER Residence in JVC (175 apartments) and launches SKY LEVEL 1, a 420-home mixed-use tower in JVC.

Founded: Entered the UAE market in 2022 (company statements). Founder and chairman: Egor Maslennikov
Ownership: Private. Described by Dubai broker profiles as part of TSZ Group. No published accounts
Homes delivered: 319 homes in 2 completed towers (RA1N 144, V1TER 175), October 2026
Projects: 27 listed on the official site, October 2026. 2 completed
Credit rating: Not published
Best known for: Mid-market apartment towers in JVC and JVT with numeral-styled names such as RA1N and LUM1NAR

FAQs

Questions about Object 1

Is Object 1 a reliable developer?

Object 1 entered the UAE in 2022 and has launched towers at an unusual pace. We rate its delivery record as "Patchy": 2 of 27 projects complete by October 2026, both about a year late.

Who is Object 1?

Object 1 is a private Dubai developer that entered the UAE market in 2022. Its founder and chairman is Egor Maslennikov and its chief executive is Tatiana Tonu.

How many projects has Object 1 completed?

Two, as of October 2026. RA1N Residence was completed in March 2026 and V1TER Residence in July 2026, both in Jumeirah Village Circle.

Does Object 1 deliver on time?

Not so far. Portal timelines showed RA1N due in December 2024 and V1TER in September 2025, and they completed in March and July 2026. Several other towers have also passed their published dates.

Where does Object 1 build?

Mainly in Jumeirah Village Circle and Jumeirah Village Triangle. It also builds in Dubai Land Residence Complex, Al Furjan, Dubai Sports City, Jumeirah Garden City and on Al Reem Island in Abu Dhabi.

What do Object 1 apartments cost?

In October 2026 studios started at about AED 700,000 in Dubai Land Residence Complex and about AED 770,000 in JVT. One-bedroom flats at SKY LEVEL 1 in JVC started at AED 945,000.

What payment plans does Object 1 offer?

Plans vary by project. Common structures are 10/50/40, 20/40/40 and 70/30, and many projects have an option that moves 30% to 40% to after handover.

Is Object 1 building in Abu Dhabi?

Yes. It launched A1LA Residence on Al Reem Island in April 2026 with 171 homes. It also bought four waterfront plots there in January 2026.

Is my money protected when buying off-plan from Object 1?

Dubai law requires off-plan payments to go into a project escrow account regulated by the Dubai Land Department. Check that the project is registered and that you pay only into its escrow account.

Is Object 1 a listed company?

No. It is privately owned and does not publish financial accounts or a credit rating.

What should I check before buying?

Ask for the DLD-registered completion date and current construction percentage, and read the payment schedule in the sale agreement. Dates and plans quoted by different sellers often differ.

Sources and how we checked (28)

Facts checked October 2026 from the developer’s own announcements and results, Dubai Land Department records (via Property Finder, DXBinteract and Propsearch), Bayut market reports and the press. Figures given by the developer are labelled as theirs. This page is information, not financial advice.

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