Object 1 Sky Level 1 Payment Plan

Sky Level 1 by Object 1 Payment Plan & Price Schedule

How the Object 1 Sky Level 1 Payment Plan Favors the Buyer

The payment plan structures for Sky Level 1 by Object 1 in Jumeirah Village Circle (JVC) are engineered to minimize upfront financial pressure while offering a high-security timeline. Depending on the specific promotional tier selected during the pre-launch phase, the setup works heavily in favor of buyers in many best ways.

You Pay Less While It’s Being Built

Instead of forcing you to pay for most of the apartment while it is just a construction site, the developer only asks for 40% of the total price spread out in small steps during construction.

• Why this helps you: You don’t have to risk a massive amount of cash early on. The biggest chunk (the remaining 60%) is only due in 2029 when the building is finished and they hand you the keys.

You Keep Your Cash Free

Some of the early booking plans give you a long break (sometimes up to a year) where you don’t have to pay monthly installments.

• Why this helps you: You lock in the price of the apartment today, but your money stays safely in your bank account earning interest or available for your daily life, while the developer uses their own money to start building.

Bigger Profits If You Sell Early

Because you only need to put down 40% during construction, your actual cash layout is quite small.

• Why this helps you: If the property value goes up by the time it’s nearly finished and you decide to sell it, you get 100% of the profit even though you only actually paid out 40% of the price.

Sky Level 1 at JVC: Installment Structure & Milestones

Object 1 has structured the payment milestone for Sky Level 1 in JVC to be highly front-loaded on liquidity retention. Essentially, you pay a chunk at the start, nothing for a year, a small portion during the middle of construction and the rest when it’s done.

The project features a 40:60 base structure alongside an attractive 40:30:30 post-handover variation.

The Milestone Breakdown

*Handover Options (The Final 60%)

Depending on the specific plan you choose at booking, that final 60% milestone can split into two pathways.

Standard 40:60 Plan: You clear the entire remaining 60% at handover in Q2 2029.

Post Handover Plan: You pay 30% at handover to get your keys and the final 30% is stretched out over a post-completion period. This allows you to immediately lease the unit and let the tenant’s rent fund those final milestones.

Overall Cost Of Buying Apartments in Sky Level 1 by Object 1

The overall cost of buying an apartment in Sky Level 1 by Object 1 in Jumeirah Village Circle is straightforward as the building focuses exclusively on premium 1 bedroom layouts.

The starting price and the mandatory government fees required to finalize a purchase are broken down below:

The Price of The Apartment

The exact cost depends on the size and the floor you choose, but here is where the prices start:

• Starting Price: AED 945,000
• Apartment Size: 566 to 732 sq. ft.

The Government And Another Fees

When you buy a property in Dubai, you have to pay a few mandatory fees on top of the apartment price. You need to pay these right at the beginning:

Dubai Land Department (DLD) fee: This is a mandatory 4% government tax to register the property in your name. For a starting apartment, this is AED 37,800.

Oqood Fee: Around AED 1000 to AED 3000. This is just a standard paperwork fee that protects your contract while the building is being built.