V1TER Residence: off-plan project in Jumeirah Village Circle
V1TER Residence is an off-plan residential apartment project in Jumeirah Village Circle, registered with the Dubai Land Department as project no. 2710 and developed by Object One Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 30 off-plan sales were registered there at a median price of AED 873,703 (AED 1,303 per sq ft); 80% of sales fall between AED 512,096 and AED 1,332,431.
- 30off-plan sales in 12 months
- AED 873,703median sale price
- AED 1,303median price per sq ft
- 60.2%construction progress (DLD)
- September 2025end date in the register
- 176registered 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 1,303 per sq ft, V1TER Residence is 17.9% below the median of off-plan sales across the 83 projects tracked in Jumeirah Village Circle (AED 1,588 per sq ft), and 26.3% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 30 off-plan sales in 12 months, about 3 a month; number 64 by sales in Jumeirah Village Circle over the period.
- Construction: 60.2% complete in the DLD register, construction is under way; planned end September 2025.
- Profile: a concentrated project, 63.3% of sales are the same unit type (apartment · 1 bedroom).
V1TER Residence: 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.
| Item | DLD register |
|---|---|
| DLD project number | 2710 |
| Registered developer | Object One Real Estate Development L.L.C (developer no. 1579) |
| Master developer | Jumeirah Village L.L.C |
| Community (master project) | Jumeirah Village Circle |
| DLD area | Al Barsha South Fourth |
| Register status | active |
| Construction progress | 60.2% |
| Project start | August 15, 2023 |
| Planned end | September 15, 2025 |
| Registered units | 176 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
V1TER Residence 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 507,394.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 6 | AED 507,394 | 491,348 – 575,834 | 36 m² (388 sq ft) | AED 1,316 |
| Apartment · 1 bedroom | 19 | AED 875,406 | 828,860 – 892,437 | 63 m² (678 sq ft) | AED 1,295 |
| Apartment · 2 bedrooms | 5 | AED 1,354,514 | 1,264,519 – 1,372,910 | 95 m² (1,023 sq ft) | AED 1,307 |
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: 63.3% of off-plan sales, with a median size of 63 m² (59 to 64 m² for 80% of them).
- Apartment · 1 bedroom: 63.3% (19 sales)
- Apartment · Studio: 20% (6 sales)
- Apartment · 2 bedrooms: 16.7% (5 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
V1TER Residence off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,352 in Q2 2024 to AED 1,307 in Q1 2026 (-3.3%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q2 2024 | 11 | AED 1,352 | — |
| Q3 2024 | 26 | AED 1,369 | +1.3% |
| Q4 2024 | 7 | AED 1,480 | +8% |
| Q1 2025 | 9 | AED 1,347 | -8.9% |
| Q2 2025 | 19 | AED 1,300 | -3.5% |
| Q3 2025 | 13 | AED 1,334 | +2.6% |
| Q4 2025 | 19 | AED 1,281 | -4% |
| Q1 2026 | 11 | AED 1,307 | +2% |
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 V1TER Residence: annual rents of Ejari contracts registered in Jumeirah Village Circle over the last 12 months (30,318 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 8,159 | AED 48,000 | 42,000 – 55,000 |
| Apartment · 1 bedroom | 15,914 | AED 70,000 | 60,000 – 79,562 |
| Apartment · 2 bedrooms | 4,662 | AED 95,000 | 80,000 – 115,358 |
| Apartment · 3 bedrooms | 515 | AED 138,971 | 115,000 – 155,000 |
| Apartment · 4 bedrooms | 21 | AED 150,000 | 134,000 – 212,500 |
| Villa / townhouse · 1 bedroom | 74 | AED 110,000 | 105,000 – 115,500 |
| Villa / townhouse · 2 bedrooms | 134 | AED 170,000 | 145,000 – 190,000 |
| Villa / townhouse · 3 bedrooms | 416 | AED 175,000 | 150,000 – 200,000 |
| Villa / townhouse · 4 bedrooms | 381 | AED 200,000 | 170,000 – 230,000 |
| Villa / townhouse · 5+ bedrooms | 42 | AED 200,000 | 187,750 – 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 V1TER Residence?
V1TER Residence 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.
Further reading
- All off-plan projects in Jumeirah Village Circle
- All DLD sales at V1TER Residence (new and resale)
- Jumeirah Village Circle property prices
- Jumeirah Village Circle rents
- All Object One Real Estate Development L.L.C projects
Other off-plan projects in Jumeirah Village Circle
- Serenz by Danube — AED 2,257/sq ft
- Binghatti Amberhall — AED 1,683/sq ft
- Auresta Tower — AED 1,619/sq ft
- Stax — AED 1,451/sq ft
- Pearl House IV by Imtiaz — AED 1,655/sq ft
- Binghatti Ruby — AED 1,976/sq ft
- Binghatti Circle — AED 1,588/sq ft
- 311 Boulevard by Bam Eskan — AED 1,382/sq ft
More projects by Object One Real Estate Development L.L.C
Same budget elsewhere in Dubai (around AED 873,703)
- Verdana Residence 8, Dubai Investment Park First — AED 871,746
- Empire Lakeviews, Liwan 1 — AED 874,777
- Waada - Cascada 2, Dubai World Central — AED 871,000
- Oasis Residences, Dubai South Residential District — AED 875,983
- Binghatti Skyterraces, Motor City — AED 870,499
- Red Square, Jumeirah Village Triangle — AED 882,985
Projects presented by Cevitas
Our Jumeirah Village Circle guides
Frequently asked questions
How much does a home at V1TER Residence cost?
Over the last 12 months, the 30 off-plan sales registered with the DLD show a median price of AED 873,703, or AED 1,303 per sq ft; 80% fall between AED 512,096 and AED 1,332,431. The developer's current prices are on its price list.
When will V1TER Residence be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 60.2% complete, with a planned end date of September 15, 2025. The handover date is confirmed by the developer.
Who is the developer of V1TER Residence?
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 V1TER Residence?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (19), apartment · studio (6), apartment · 2 bedrooms (5). Best-selling type: apartment · 1 bedroom, at a median AED 875,406 for 63 m².
Has the price per sq ft at V1TER Residence changed?
The median off-plan price moved from AED 1,352 per sq ft in Q2 2024 to AED 1,307 in Q1 2026, based on DLD-registered sales.
How do I get the V1TER Residence 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.