−7% Photos and renders of the building and grounds — not of this particular unit.
Ozone1 Residence
1 BR · Apartment
About the building
26-storey residential building in JVC District 13. 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 NP9-108462
How much is this 1-bedroom apartment in Ozone1 Residence?
Lot NP9-108462 is priced at AED 970 000, about $264 000. The size is 746 sq ft (69 m²), which works out at AED 1 300 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 1 038 794; it is now AED 970 000 — AED 68 794 less, or 7%.
Is this expensive or cheap for JVC?
The database holds 260 lots in JVC. The area median is AED 2 224 per sq ft; this lot is at AED 1 300. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 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 Q2 2026, 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 194 000; a loan of AED 776 000 over 25 years at 3.75–4.99% a year comes to roughly AED 4 000–4 500 a month. A non-resident puts down from 40% (AED 388 000) and pays about AED 3 000–3 400 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 38 800 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?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 1 030 000 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 Ozone1 Residence?
The building has 26 floors and 538 units. The developer is Object One. Figures are from the project passport: Propsearch and the Dubai Land Department.
Ozone1 Residence project page →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 NP9-108462 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Ozone1 Residence
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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