−20% Ozone 1 Residence size 1 500 sqft!!
2 BR · Apartment
About the building
26-storey residential building in JVC District 13. Developer — Object One Real Estate Development. Architect — CVTEC Consulting Engineers.
Specifications for Ozone1 Residence per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
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 NP3-486647
How much is this 2-bedroom apartment in Ozone 1 Residence size 1 500 sqft!!?
Lot NP3-486647 is priced at AED 1 480 000, about $403 000. 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 1 853 422; it is now AED 1 480 000 — AED 373 422 less, or 20%.
What are prices like in JVC?
The database holds 262 lots in JVC. The area median is AED 2 229 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 144 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 2026. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 59 200 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?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 520 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Ozone 1 Residence size 1 500 sqft!!?
The building has 26 floors and 538 units. 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 NP3-486647 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Ozone 1 Residence size 1 500 sqft!!
Reviews from the English YouTube channel — each one with a written breakdown on this site.
A mortgage covers the final instalment
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.
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