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Under construction

SKY LEVEL 1

Price from

AED 993,945≈ $270,645 · Rate as of 2026-11-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

AED 17,809 per m² ≈ $4,849

cheaper than 60% of city projects: -10%

Data verified Nov 2, 2026 · price source: developer partner network · updated 11 days ago

Properties
Apartments
Area
56 - 69 m²
Bedrooms
1
Completion
Q2 2029
Readiness
Under construction
Dry season
Jul, Aug, Oct
First instalment
20%

Price

Is this expensive for the city

$4,849 per m², Dubai median $5,399

$2,302$52,237

-10% vs the city median (Dubai), sample of 372 projects. cheaper than 60% of city projects.

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.

Purchase estimate for this project

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The cost of this project

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What it really costs

Payment plan

  1. 20%Step 1 · On booking$54,129
  2. 4%Step 2 · Tax$10,826
  3. 20%Step 3 · Before commissioning$54,129
  4. 60%Step 4 · On transfer$162,387
Total
104% · $281,471
of which above the price: $10,826Converted at the platform rate as of 14 November 2026: 1 AED = 0.272294 USD

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$216,516$541,291
$259$4,071

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

40%100%
0%20%
Monthly income
$1,028
Annual income
$12,333
Gross yield
5.7%
Net yield
4.6%
Value in 5 years
$362,185
5-year ROI
57%
See calculation details
Gross annual rent
$15,521
Common area fee
-$274
Tax (10%)
-$1,552
Agent commission
-$1,361
Net annual income
$12,333
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Oct Wettest months: Jan, Mar, Dec Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan20.117
Feb20.88
Mar23.316
Apr26.99
May30.74
Jun33.14
Jul35.01
Aug35.41
Sep33.52
Oct30.71
Nov26.58
Dec22.514

Source: NASA POWER, climate normal (2001-2020). Grid node 25.1, 55.2. This is a multi-year normal, not a weather forecast.

About the project

Properties
Apartments
Completion
Q2 2029
Status
Under construction
Area
56 - 69 m²

Floor plans

Floor planUnit typeAreaPrice range
1 Bedroom56 - 69 m²from 993,945 AEDto 1,235,532 AED

Price is indicative, updated 12.11.2026

Description

SKY LEVEL 1 is under construction in Dubai, United Arab Emirates. The developer is Object One Real Estate Development, with completion set for June 2029.

The project offers one-bedroom apartments with an area ranging from 51.28 to 68.09 square meters. Prices start from AED 968,467 and go up to AED 1,235,532, with a price per square meter from AED 18,146.

With areas starting at 51 square meters, the one-bedroom layouts are built for compact living.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Price in your currency

Rate: 1 USD = 3.6725 AED≈ $270,645Rate as of 2026-11-14

Denominated in AED - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Dubai, United Arab Emirates

Amenities

  • Yoga Area
  • Spa Center
  • Fitness Center
  • Sauna
  • Pharmacy
  • Massage Center
  • Medical Center
  • Restaurant & Cafe
  • Meeting Room
  • Bakery
  • Outdoor Pool
  • Beauty Salon
  • Swimming Pool

Market context

Apartment prices20%
Villa prices29%
Residential transactions56,723transactions, ↑ +16% YoY
Average apartment rentAED 107,000↑ +8.5% YoY
Price per sqmAED 1,600↑ +8% YoY

Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.

Sources (6) · updated 21/08/2026

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