Object 1

ALTA V1EW Skyhomes

Studios, one- and two-bedroom apartments in District 10 of JVC, on a 70/30 post-handover plan running to August 2030 — and a correction: the handover is Q4 2028, not the Q3 2027 the property portals still show.

Location
JVC District 10, Dubai
From
AED 748,000 (portal-listed)
Homes
Studio–2 bed410–1,172 sq ft
Handover
Q4 2028portal says Q3 2027
Plan
70 / 30post-handover to Aug 2030

The completion date on this project has moved, and the portals have not caught up. The listing portal still shows ALTA V1EW finishing in Q3 2027, and so did our own earlier page, which was built from those portal records. Every current source — the broker unit sheet for the building and the developer’s own 2026 launch material — says Q4 2028 on a five-year post-handover plan. Fifteen months is not a rounding error. Object 1’s official project page publishes no completion date at all, which is why the wrong one circulated for so long.

About ALTA V1EW Skyhomes

ALTA V1EW Skyhomes is Object 1’s tower in District 10 of Jumeirah Village Circle, sold as studios, one-bedroom and two-bedroom apartments on space, light and ceiling height rather than on amenity count. Every unit type in the building is a named plan — 1BR_18, STUDIO_2, 2BR_3 and so on — and Object 1 publishes twelve floor-plan sheets that give the gross area of each one. That is unusually good documentation for a JVC launch, and it is the backbone of the sizes on this page.

The building is a single loaded corridor with a park on three sides. The plates show units wrapped around a central lift and stair core, with balconies pushed out along the perimeter and one side left open to the JVC community — which is what the developer means by “JVC community view”. The opposite side faces the lagoon and the wider district. In a district where most towers are built shoulder to shoulder, having a low-rise community on one flank rather than another tower is worth more than it sounds: it is the difference between daylight and a view of someone’s balcony.

What you are paying for is the ground plane. The published amenity set is far more extensive than the tower itself implies: a lagoon pool with a sand beach, a sky infinity pool, a water slide, floating cabanas, an aqua and sand oasis, a kids’ pool and play room, a gym and a CrossFit zone, tennis and table tennis, BBQ and gazebo areas, gardens, a clubhouse, a sky leisure deck and outdoor showers. Object 1’s own page lists a shorter set — lobby, swimming pool, kids’ play room, outdoor lounge, BBQ area, clubhouse, pool deck with sun loungers and gym — and the floor plates show the pool deck and outdoor seating on the podium. Both are true; the longer list is the marketing version of the same building.

The post-handover structure is the real selling point. A 70/30 plan that leaves 30% — nearly AED 342,000 on a one-bedroom — payable over 1.7 years after you get the keys is a materially different proposition from a 50/50 plan that clears on handover. It is the difference between buying a building you have to fund entirely before it earns anything, and buying one where the rent can carry part of the balance. In a district where the rent is the whole investment case, that matters.

Layouts, sizes and price

The areas come from Object 1’s own floor plans, not from a broker’s summary. Each is a named unit type, and the published plates run from ground and podium level through to level 48.

Type Plan reference Gross area (ft²) Portal price Portal rate
Studio STUDIO_1 / 2 / 3 410.52 – 416.10 AED 748,000 AED 1,798
1-bedroom 1BR_6 to 1BR_27 720.47 – 767.67 AED 1,149,000 AED 1,598
2-bedroom 2BR_2 to 2BR_5 1,133.02 – 1,172.24 AED 1,630,000 AED 1,400

Areas: Object 1’s published floor-plan sheets, measured gross (the developer’s sheet for Unit 407 splits 722.13 sq ft into 559.77 sq ft living and 162.36 sq ft balcony, so balcony is inside the figure). Prices and rates: the listing portal’s unit records for the 416 sq ft studio, the 719 sq ft one-bedroom and the 1,164 sq ft two-bedroom — those records were last refreshed between July and November 2025, so treat the rates as the shape of the price list, not today’s numbers.

The one-bedroom is the widest band in the building. Twenty distinct one-bedroom plans, from 1BR_9 at 720.47 sq ft to 1BR_21 at 767.67 sq ft — a 47 sq ft spread on the same bedroom count. Those plans are not interchangeable: the corner units and the ones on the community side carry the extra balcony depth, and the middle-of-the-run ones do not. On a per-square-foot price you are paying for outside space, so ask which plan the unit you are being shown actually is before you compare rates.

The two-bedrooms are where the price list is most sensible. At AED 1,400 per square foot on the portal’s record they sit 22% below the studio rate, which is the opposite of what a premium building does. Either the studios are priced for investors who will not do the arithmetic, or the two-bedrooms are the loss leader. The worked example below shows the same effect at unit level.

Unit 407, worked through

A current broker sheet prices one specific home in this building, and it is worth going through line by line because it is the only unit-level price we have seen published.

Detail
Unit 407 — floor 4, one-bedroom
Plan 1BR_18, a plan Object 1 publishes at 722.13 sq ft
Aspect JVC community side
Total area 722.13 sq ft (living 559.77 + balcony 162.36)
Headline price AED 1,265,172
Discounted price AED 1,138,655 — 10% off
Rate AED 1,577 per sq ft
Plan 70/30, post-handover to August 2030

It is the same unit Object 1 draws. The 722.13 sq ft on the sheet matches the area printed on the developer’s own typical-floor plan for 1BR_18, and floor 4 is one of the floors that plan is used for. That does not prove the price is current, but it does mean the unit being sold is a real plan in a real building rather than a spreadsheet line.

The balcony is 22.5% of what you are buying. At AED 1,577 per gross square foot the flat looks cheap against the studio. Strip out the 162 sq ft of balcony and the living space costs AED 2,034 per sq ft. That is the number to hold in your head when you compare it with a 719 sq ft one-bedroom in the same tower, because the smaller plan may well have proportionally less balcony and therefore cheaper internal space.

Ask what the 10% is. A discount that size on a launch is either a developer-approved promotion or a broker working on its own margin. It matters, because the Dubai Land Department fee of 4% is charged on the price in the sale and purchase agreement: the sheet computes DLD as AED 45,546, which is 4% of the discounted figure, so the contract appears to be at AED 1,138,655. Confirm that in writing. If the contract is instead written at AED 1,265,172, your DLD fee rises to AED 50,607 and every future resale benchmark starts from the higher number.

Price and payment plan

On Unit 407 the money works like this. Seventy per cent during construction, thirty per cent after you take the keys, spread over 1.7 years to August 2030.

Stage Share Note
On reservation 20% AED 227,731
Dubai Land Department fee 4% AED 45,546
Registration flat AED 5,050
Due within 14 days — AED 278,327
Balance during construction 50% AED 569,328
After handover, to Aug 2030 30% AED 341,596

The AED 278,327 is the sheet’s own figure and it reconciles exactly: 20% of AED 1,138,655, plus 4%, plus AED 5,050. Nothing is hidden in it, which is rare enough to be worth saying.

The post-handover balance is roughly AED 16,700 a month. That is arithmetic on the sheet’s 1.7-year tail, split evenly — the sheet does not publish the individual instalment dates. Ask for them, because a quarterly or half-yearly schedule is a very different cash-flow from a monthly one.

Two versions of this plan are circulating and one of them is wrong. Some resellers publish ALTA V1EW as 10% booking, 55% during construction, 5% on handover, 30% post-handover; others publish 20 / 50 / 30. The unit sheet supports the 20% down and the 30% tail. Treat any 70/30 headline as shorthand and get the milestone table attached to the specific unit.

A note on what 70/30 does to your exit. If you sell before the post-handover balance is cleared, the outstanding instalments usually have to be settled at transfer — which can wipe out the gain on a flip. Ask what the developer’s transfer policy is on unpaid post-handover amounts before you buy one of these as a short hold.

Amenities

Pools and water: lagoon pool with a sand beach, sky infinity pool, water slide, floating cabanas, aqua and sand oasis, sun loungers, kids’ pool, outdoor showers.

Sport and fitness: gym, CrossFit zone, tennis court, table tennis.

Social and family: kids’ play room and outdoor play area, BBQ area, lounge, gazebo, gardens, clubhouse, sky leisure deck, lobby.

The water programme is the differentiator and also the cost. A lagoon pool with a sand beach, a second pool on the roof and a slide are expensive to run and to insure, and that lands in the service charge. Nothing is published on the service charge — ask for the estimate per square foot, and ask specifically how the lagoon is treated, because a beach-edged pool with filtration and landscaping is a materially different line item from a rectangular pool on a podium.

Where it is

Jumeirah Village Circle is the large, low-rise district on Dubai’s western side, built around a circular road with parks, schools, clinics and a retail strip inside it. District 10 sits on the eastern side of the circle, which puts it closest to Al Khail Road and the quickest exit north toward the Marina and the city.

Object 1 positions its JVC towers at 10 to 15 minutes from Mall of the Emirates, 15 to 20 from Burj Al Arab, 20 to 25 from Burj Khalifa and 25 to 30 from the airport. Those are fair on a good day from District 10, and they are the reason JVC works for anyone employed in Media City, Internet City, Jebel Ali or the Marina.

The honest caveat is that JVC has no metro and no shortcut. The district functions by car, and the single access onto Al Khail at peak times is the constraint on the whole area. Time the drive at 6pm before you accept a 20-minute figure. In exchange, JVC is the deepest rental market in Dubai: there is always a tenant, and always a competing building. That means low vacancy risk and limited rent growth — which suits a long income hold and frustrates anyone underwriting capital appreciation.

At a glance

  • District 10, JVC: studios, one-bedrooms and two-bedrooms.
  • Gross areas from Object 1’s own floor plans: studios 410.52–416.10 sq ft; one-beds 720.47–767.67 sq ft; two-beds 1,133.02–1,172.24 sq ft.
  • Handover Q4 2028 — the portal still says Q3 2027 and the developer publishes no date.
  • 70/30 post-handover, with the tail running to August 2030.
  • Unit 407: 1BR_18, 722.13 sq ft, AED 1,138,655 after 10% off, AED 1,577 per sq ft gross — AED 2,034 on internal area alone.
  • 22.5% of that unit is balcony.
  • Lagoon pool, sky infinity pool, water slide, tennis, CrossFit and a full family programme.
  • No service charge published.
  • Twenty distinct one-bedroom plans — the plan reference matters more than the bedroom count.

What we verify before you reserve

  • The completion date in the sale and purchase agreement. Q4 2028 is what every current source says; the portal still publishes Q3 2027. Get the contractual date and the delay remedy, because a fifteen-month discrepancy in public records is exactly the kind of thing that ends up disputed.
  • Whether the contract price is AED 1,138,655 or AED 1,265,172. Your DLD fee and your future resale benchmark both depend on which figure is written down.
  • What the 10% discount is. Developer promotion or broker margin — and whether it is still available on the unit you are offered.
  • The full post-handover instalment schedule. The sheet gives a 1.7-year tail to August 2030 but not the dates. Ask for them, and for the policy on unpaid post-handover balances at resale.
  • The plan reference for the actual unit. There are twenty one-bedroom plans from 720 to 768 sq ft; make sure the plan quoted is the plan you viewed.
  • The service charge estimate per square foot, and specifically how the lagoon pool, beach and sky pool are funded and staffed.
  • Net versus gross. The published areas include balcony — 22.5% of Unit 407. Ask for the internal area of any unit you compare, or you are comparing outside space at inside prices.
  • Escrow and DLD registration for the project, and the permit number on the unit.
  • Furnishing. Some current broker marketing describes ALTA V1EW as fully furnished with smart home systems; Object 1’s own page does not say so. Get the furnishing and smart-home scope written into the specification schedule, not the advert.
  • The “54-storey” claim. At least one published description calls this a 54-storey tower. Object 1’s own floor plates stop at level 48 above a ground floor and podium. Ask for the building height and the total unit count rather than relying on either figure.
  • The JVC community view. It is a real advantage on the plans, and it is only guaranteed if the plots between this tower and the low-rise community stay low-rise. Ask what is approved on them.

ALTA V1EW Skyhomes: frequently asked questions

Where is ALTA V1EW Skyhomes?

In District 10 of Jumeirah Village Circle (JVC), Dubai, on the eastern side of the district closest to Al Khail Road. One flank faces the JVC low-rise community, the other towards the lagoon and the wider district.

When is handover?

Q4 2028. The listing portal still shows Q3 2027 and this page said the same until it was rebuilt from current records; Object 1's own project page publishes no completion date at all.

How much does a home at ALTA V1EW cost?

The listing portal records a 416 sq ft studio at AED 748,000, a 719 sq ft one-bedroom at AED 1,149,000 and a 1,164 sq ft two-bedroom at AED 1,630,000, at rates of AED 1,798, 1,598 and 1,400 per square foot. Those records are a year old. A current broker sheet prices Unit 407, a 722.13 sq ft one-bedroom, at AED 1,138,655 after a 10% discount, which is AED 1,577 per square foot.

What is the payment plan?

70/30 with a post-handover tail: 20% on reservation, 50% during construction and 30% after handover, spread over 1.7 years to August 2030. On Unit 407 that is AED 227,731 plus AED 45,546 DLD and AED 5,050 registration within 14 days, AED 569,328 during construction and AED 341,596 after handover.

How big are the apartments?

From Object 1's own floor plans: studios 410.52 to 416.10 square feet, one-bedrooms 720.47 to 767.67 and two-bedrooms 1,133.02 to 1,172.24. The areas are gross and include balcony.

Why does the size matter so much here?

Because 22.5% of Unit 407 is balcony. At AED 1,577 per gross square foot the flat looks reasonably priced; on internal area alone it works out at AED 2,034 per square foot. Compare units on internal area, not on the advertised total.

What amenities are there?

A lagoon pool with a sand beach, sky infinity pool, water slide, floating cabanas, kids' pool and play room, gym, CrossFit zone, tennis and table tennis, BBQ and gazebo areas, gardens, clubhouse, sky leisure deck and outdoor showers.

Is ALTA V1EW a good buy?

The documentation is better than most JVC launches, the community-side aspect is a genuine advantage, and a 30% post-handover tail lets the rent carry part of the balance. The cautions are the service charge on a lagoon-pool building, a completion date that public records get wrong by fifteen months, and a studio rate higher per foot than the one- and two-bedrooms. Do the arithmetic on internal area before you reserve.

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