The Fifth Tower: off-plan project in Jumeirah Village Circle

The Fifth Tower is an off-plan residential apartment project in Jumeirah Village Circle, registered with the Dubai Land Department as project no. 3048 and developed by Object One Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 47 off-plan sales were registered there at a median price of AED 933,885 (AED 1,317 per sq ft); 80% of sales fall between AED 747,518 and AED 1,501,649.

  • 47off-plan sales in 12 months
  • AED 933,885median sale price
  • AED 1,317median price per sq ft
  • 25.6%construction progress (DLD)
  • July 2026end date in the register
  • 345registered units

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.

What the figures say

  • Positioning: at AED 1,317 per sq ft, The Fifth Tower is 17.1% below the median of off-plan sales across the 83 projects tracked in Jumeirah Village Circle (AED 1,588 per sq ft), and 25.5% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
  • Sales pace: 47 off-plan sales in 12 months, about 4 a month; number 33 by sales in Jumeirah Village Circle over the period.
  • Construction: 25.6% complete in the DLD register, construction is at an early stage; planned end July 2026.
  • Profile: a concentrated project, 70.2% of sales are the same unit type (apartment · 1 bedroom).

The Fifth Tower: official project sheet

Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.

ItemDLD register
DLD project number3048
Registered developerObject One Real Estate Development L.L.C (developer no. 1579)
Master developerJumeirah Village L.L.C
Community (master project)Jumeirah Village Circle
DLD areaAl Barsha South Fourth
Register statusactive
Construction progress25.6%
Project startMarch 20, 2024
Planned endJuly 24, 2026
Registered units345 units
Buildings1
Escrow accountescrow agent registered with the DLD for this project

Source: Dubai Land Department project register (open data), as of 15/06/2026.

The Fifth Tower off-plan prices by unit type

Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 576,000.

Unit typeSalesMedian priceRange (AED)Median sizePrice / sq ft
Apartment · Studio3AED 576,000—30 m² (323 sq ft)AED 1,768
Apartment · 1 bedroom33AED 820,000765,410 – 1,049,41560 m² (646 sq ft)AED 1,263
Apartment · 2 bedrooms11AED 1,468,8451,210,967 – 1,681,065104 m² (1,119 sq ft)AED 1,317

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.

Sales by unit type

Apartment · 1 bedroom: 70.2% of off-plan sales, with a median size of 60 m² (60 to 61 m² for 80% of them).

  • Apartment · 1 bedroom: 70.2% (33 sales)
  • Apartment · 2 bedrooms: 23.4% (11 sales)
  • Apartment · Studio: 6.4% (3 sales)

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

The Fifth Tower off-plan price by quarter

The median off-plan price per sq ft moved from AED 1,373 in Q3 2024 to AED 1,204 in Q2 2026 (-12.3%). Quarter-to-quarter changes also reflect the mix of units sold.

QuarterOff-plan salesMedian / sq ftChange
Q3 2024169AED 1,373—
Q4 202429AED 705-48.6%
Q1 202532AED 1,347+91%
Q2 202536AED 1,200-10.9%
Q3 202567AED 1,459+21.6%
Q4 202518AED 1,411-3.3%
Q1 202618AED 1,456+3.2%
Q2 202612AED 1,204-17.3%

Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.

Rents in Jumeirah Village Circle

To gauge the rental market around The Fifth Tower: annual rents of Ejari contracts registered in Jumeirah Village Circle over the last 12 months (30,318 contracts).

Unit typeContractsMedian annual rentMiddle 50% range
Apartment · Studio8,159AED 48,00042,000 – 55,000
Apartment · 1 bedroom15,914AED 70,00060,000 – 79,562
Apartment · 2 bedrooms4,662AED 95,00080,000 – 115,358
Apartment · 3 bedrooms515AED 138,971115,000 – 155,000
Apartment · 4 bedrooms21AED 150,000134,000 – 212,500
Villa / townhouse · 1 bedroom74AED 110,000105,000 – 115,500
Villa / townhouse · 2 bedrooms134AED 170,000145,000 – 190,000
Villa / townhouse · 3 bedrooms416AED 175,000150,000 – 200,000
Villa / townhouse · 4 bedrooms381AED 200,000170,000 – 230,000
Villa / townhouse · 5+ bedrooms42AED 200,000187,750 – 250,000

To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.

Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.

Where is The Fifth Tower?

The Fifth Tower is in Jumeirah Village Circle (DLD area Al Barsha South Fourth), Dubai.

  • Nearest metro station: Dubai Internet City
  • Nearest shopping mall: Mall of the Emirates
  • Nearest landmark: Sports City Swimming Academy

Source: Dubai Land Department, reference points attached to registered sales.

View The Fifth Tower on Google Maps

Further reading

Other off-plan projects in Jumeirah Village Circle

More projects by Object One Real Estate Development L.L.C

Same budget elsewhere in Dubai (around AED 933,885)

Projects presented by Cevitas

Our Jumeirah Village Circle guides

Off-plan projects in Dubai · Dubai property prices by area

Frequently asked questions

How much does a home at The Fifth Tower cost?

Over the last 12 months, the 47 off-plan sales registered with the DLD show a median price of AED 933,885, or AED 1,317 per sq ft; 80% fall between AED 747,518 and AED 1,501,649. The developer's current prices are on its price list.

When will The Fifth Tower be completed?

In the DLD project register (as of 15/06/2026), the project is "active", 25.6% complete, with a planned end date of July 24, 2026. The handover date is confirmed by the developer.

Who is the developer of The Fifth Tower?

The DLD register lists Object One Real Estate Development L.L.C (developer no. 1579), in a community developed by Jumeirah Village L.L.C.

What unit types are sold at The Fifth Tower?

Off-plan sales over the last 12 months cover: apartment · 1 bedroom (33), apartment · 2 bedrooms (11), apartment · studio (3). Best-selling type: apartment · 1 bedroom, at a median AED 820,000 for 60 m².

Has the price per sq ft at The Fifth Tower changed?

The median off-plan price moved from AED 1,373 per sq ft in Q3 2024 to AED 1,204 in Q2 2026, based on DLD-registered sales.

How do I get the The Fifth Tower price list and payment plan?

Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.

Sources and method

Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).

Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.

Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.