Dubai United Arab Emirates
Object 1 Real Estate Development has recorded sales to buyers from more than 60 nationalities in 2026 across four continents, driven by accessible entry prices and flexible payment plans, amidst Dubai’s AED 252 billion Q1 real estate transactions.
Sales analysis from 1 May to 3 August 2026 reveals that Indian purchasers accounted for nearly 20% of total deals, while Europe, Africa, and the MENA region each represented approximately a fifth of transactions, led by buyers from France, the UK, Germany, Spain, Turkey, Saudi Arabia, Syria, Jordan, and the UAE. Additionally, the developer hosted roadshows across Africa, engaging buyers from Egypt, Zimbabwe, South Africa, Mozambique, and Morocco.
Tatiana Tonu, CEO of Object 1, stated that 2026 serves as the company's "Year of Delivery", emphasizing that earning buyer trust relies on execution standards at every stage of construction and delivering right-priced products aligned with investor strategies.
Entry prices across Object 1's portfolio start from above AED 700,000 to below AED 1 million for select units, with post-handover payment options. This value proposition is reflected in the near sold-out status of its recently launched 420-unit (one-bedroom) tower, SKY LEVEL 1 in Jumeirah Village Circle (JVC), scheduled for handover in Q2 2029.
In terms of construction progress, RA1N Residence and V1TER Residence obtained Building Completion Certificates in H1 2026, as Object 1 prepares further project handovers and advances its ongoing expansion into Abu Dhabi.
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