Photos and renders of the building and grounds — not of this particular unit.
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Layouts and the handover date come from the developer's brochure in our archive.
Prices and payment plans from the same source are deliberately not published:
they are dated to when the brochure was issued and do not match today's prices.
I will send the current ones over WhatsApp.
About the project
Ozone 1 is a residential complex in JVC, the announced handover date, Q2 2026, has already passed.
Layouts, according to the developer's brochure — studios, 1 and 2 bedrooms.
The database currently holds 2 lots in this project, from 945 000 AED; 2 of them priced below the market, the deepest discount 22%.
A JVC complex whose declared handover — Q2 2026 — has already passed; our stock has one one-bedroom at AED 945,000.
What it is
Ozone 1 is a residential complex in Jumeirah Village Circle. The developer's brochure lists studios, one- and two-bedroom apartments, with handover in Q2 2026.
That date has passed and the developer hasn't published an update: whether it's handed over or delayed has to be checked on site. There's no propsearch passport; developer, storeys and unit count aren't in our data.
The unit and the district
Our stock as of 21 September 2026 has one unit: a one-bedroom at AED 945,000, 4% below market. The size isn't given, so we don't quote a price per square foot.
JVC in our database: 262 lots, median AED 1.37 million, AED 2,226/ft², cheapest lot AED 490,000. A one-bed at AED 945,000 sits below the district median, which is normal for the format.
A building on the cusp of handover is a special case: if keys haven't been issued, what's being sold is the right under the contract with the developer; if they have, it's a finished apartment with title. The price and the risks of those two purchases differ.
Developer brochure: studios, 1 and 2 bedrooms, handover Q2 2026. No propsearch passport. Our stock as of 21 September 2026: one unit (1 bedroom, AED 945,000, −4%); JVC median, entry price and price per square foot.
Where it is
The pin is placed by district — I send the exact address on request.
The final payment on this building falls in 2026 — under off-plan plans that is
40–60% of the price in one go. A UAE bank closes it: the flat becomes the security,
and nothing is added on top of what the developer has already been paid.
Up to 80% of the appraised value, no extra down payment
3.99% fixed for three years, up to 25 years in term
6–12 months before the keys — the bank wants six months of income history
Already been invoiced, or missed the date? That is not a dead end either — write and
we will look at what the developer will accept.
The developer's brochure says Q2 2026. That date has already passed and the developer has published no update: whether it was handed over or is running late, I check on site before the deal.
What layouts are there in Ozone 1?
Studios, 1-bedroom and 2-bedroom, according to the developer's brochure. Which sizes are actually free right now depends on what is on the market; I will send the current list.
Where is Ozone 1?
JVC. Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
How much does an apartment in Ozone 1 cost?
The database currently holds 2 lots in this project, from 945 000 AED; 2 of them priced below the market, the deepest discount 22%. The list changes daily — I will send a fresh selection for the building on request.
Jumeirah Village Circle is Dubai's cheapest way in: a median AED 1.27m in our stock, 30+ parks and Circle Mall. The trade-offs: no metro, congested exits, 100+ projects under construction and rent growth of 2–5% against 15–18% in prime areas.
ValuStrat's Dubai index for September 2026 stood at 218.6, down 0.1% on the month and 4.5% on the year. 80% of villa and 77% of apartment communities saw no change. Off-plan took 70.3% of sales, led by Majan and JVC.
Selling before handover returns 25% on capital if prices rise 10% and you have paid 40%. Renting pays 5.5–6.5% net every year. Flipping a villa: buy at AED 12.5m, spend 3m, sell from 19m. Three Dubai strategies compared on cash, time and risk.
CBRE reports average Dubai residential rents fell 6.2% quarter on quarter and 2.6% year on year in Q2 2026. Sale prices stayed 1.9% above last year while transaction volumes dropped 29%. Office rents rose 13%.
Business Bay recorded 14 prime transactions in August 2026 against Palm Jumeirah's 10 — while Dubai-wide transaction volume fell 37% year-on-year and value fell 44%. Rental search demand rose 44% over the same period. What these seemingly contradictory numbers actually mean.
The market was warned of 210 000 new Dubai homes over 2025–2026. ValuStrat counts about 36 000 units delivered in 2025, 59% of plan, and CBRE about 18 000 in H1 2026. Rents fell 6.2% quarter on quarter in Q2. Where oversupply risk is real and where it is not.
In 2023 Pioneer (trading as MERED), Orange Group and Vos’hod announced UAE entries. By autumn 2026 the 66-storey, 310-unit Iconic Tower had reached level 22 with handover due 2027–28, Orange runs a completed 115-key building in JVC, and Nobu on Al Marjan has slipped to 2028.
A district built by one master developer and a district built by dozens of unrelated companies carry very different price predictability. We break down how to tell them apart from a project brochure, and the trade-off between the two.
The RTA and Dubai Holding signed an AED 6bn (about $1.6bn) road programme: four new JVC access points with interchanges, double the capacity and 70% shorter journeys. Hessa Street phase two adds a 780 m bridge and a 480 m tunnel out of JVC. What it means for owners and buyers.