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OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C

Ozone 1 Residence

Under Construction · Date not reported|272 units · 1 tower
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Ozone 1 Residence is an under-construction development by OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 272 registered units. 249 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,379 per sqft. At AED 1,379 per sqft, Ozone 1 Residence prices 4% below the Jumeirah Village Circle median of AED 1,433 per sqft on registered sales.

PIX© price · ↑5.3% YoY
1.19MAED
Typical
1,379AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
249
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor unknown
…

Land, Ozone 1 Residence

Size
Record
Sep 2014 to Jun 2023
Owners
3
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 322 Jun 20233.2 yrs
Current owner
2Owner 210 Sep 20148.8 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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Land · Ozone 1 Residence
Occupancy (237 nights)
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Ozone 1 Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
428 - 3,292 sqft
2721.19M1,379↑5.3%
Residential
Studio · Apartment
428 - 566 sqft
42
1 Bed · Apartment
747 - 954 sqft
144
2 Bed · Apartment
1,055 - 1,536 sqft
83
Commercial
Shop
662 - 3,292 sqft
3---
No rental contracts registered - the project has not handed over.
Sales - Project-Wide249 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
15 Sep 20262 BedOzone 1 Residence · Floor 11,5361,853,4221,207-StandardOff-Plan Sale
11 Sep 20261 BedOzone 1 Residence · Floor 117471,221,9731,637-PremiumOff-Plan Sale
4 Aug 20262 BedOzone 1 Residence · Floor 81,1411,566,7431,373-StandardOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Ozone 1 Residence

Answered from Dubai Land Department registered transactions.

How much does a property in Ozone 1 Residence cost?

Property in Ozone 1 Residence sells at a current PIX© price of AED 1,379 per sqft, or about AED 1,187,356 for a typical unit, based on 249 sales registered with the Dubai Land Department.

When is Ozone 1 Residence handing over?

Ozone 1 Residence is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Ozone 1 Residence?

Ozone 1 Residence is developed by OBJECT ONE REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Ozone 1 Residence?

Ozone 1 Residence holds 272 registered units, per the Dubai Land Department unit register.

Have prices in Ozone 1 Residence gone up or down?

Price per sqft has risen +5.3% over the last 12 months, to AED 1,379, across 249 registered sales.