−6% 1 wood object one
Apartment
About the building
17-storey residential building in JVC District 14. Developer — Object One Real Estate Development. Architect — CVTEC Consulting Engineers.
Where it is
JVC
Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
- strong gross yields
- deep tenant demand
- accessible entry prices
What to check: Building quality here ranges from genuinely good to genuinely poor and the district average hides both. Visit on a normal weekday, check the parking and the lifts, and pull three years of service charge history before you offer.
Full district guide →Questions and answers about lot NP3-109379
How much is this apartment in 1 wood object one?
Lot NP3-109379 is priced at AED 620 000, about $169 000. The listing does not state a size, so no price per square foot is given.
How much has the price of this lot been cut?
The price before the cut was AED 656 915; it is now AED 620 000 — AED 36 915 less, or 6%.
What are prices like in JVC?
The database holds 260 lots in JVC. The area median is AED 2 224 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 136 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
JVC area guide →Is the property ready or still under construction?
The handover date in the listing is 2025, which has already passed. I will confirm whether the property has actually been handed over when you ask: listings are not always updated.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 124 000; a loan of AED 496 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 600–2 900 a month. A non-resident puts down from 40% (AED 248 000) and pays about AED 1 900–2 200 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 24 800 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
The lot's price is AED 130 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 380 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about 1 wood object one?
The building has 17 floors. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP3-109379 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: 1 wood object one
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