Location

District 3, Jumeirah Village Triangle

Frequently Asked Questions

What is Essenl1fe by Object 1?

Essenl1fe is a contemporary residential tower developed by Object 1 Development, situated in the vibrant community of Jumeirah Village Triangle (JVT), Dubai. The project features a mix of smartly designed studios, one-bedroom, and two-bedroom apartments, each crafted to maximize space, natural light, and modern living standards and extraordinary amenities. The development blends urban convenience with community living, making it equally attractive to young professionals, families, and long-term investors. With completion set for Q4 2027, buyers have the advantage of securing units at today’s prices while benefiting from Dubai’s continuous growth over the next few years once the Al khail Avenue Mall opens which is the 3rd largest mall in Dubai.

Why should I consider investing in Jumeirah Village Triangle (JVT)?

JVT has become one of Dubai’s most promising investment destinations because it perfectly balances affordability, connectivity, and lifestyle. Key advantages include: • Prime Connectivity: Easy access to Sheikh Zayed Road, Al Khail Road, and Mohammed Bin Zayed Road, putting major business and leisure hubs just minutes away. • Lifestyle & Family-Friendly: A peaceful neighborhood filled with landscaped parks, walking tracks, and schools, making it ideal for families. • Iconic Location: Smallest community with 3 international schools and 3rd largest mall in Dubai. • Rental Returns: JVT consistently records high rental demand due to its central location and relatively lower prices compared to areas like Dubai Marina or Downtown. • Capital Appreciation: As Dubai continues to expand and nearby communities mature, property values in JVT are expected to rise significantly.

Can I get a visa by buying a property in Dubai?

Yes, Dubai’s real estate market is directly tied to its residency visa benefits. Your investment doesn’t just give you property—it also offers you and your family the opportunity to live in the UAE. • AED 750,000+ Investment → Eligible for a 2-Year Residence Visa. • AED 1 Million+ Investment → Eligible for a 5-Year Residence Visa. • AED 2 Million+ Investment → Eligible for the prestigious 10-Year Golden Visa.

Can I flip or resell this property?

Yes, one of the most attractive features of Dubai real estate is the ability to exit or resell flexibly. With Essenl1fe, you have two options: • Flip During Construction: After paying 30% of the property value, you can legally sell your unit to another buyer, often at a profit if market values rise. • Resell After Handover: Once the project is delivered in Q4 2027, you can list it on the secondary market, either for personal gain or to generate rental income. Best of all, Dubai charges no capital gains tax, meaning whatever profit you make remains entirely yours. This is why flipping and reselling are common strategies among savvy investors.

What are the payment plans and handover details for Essenl1fe?

To make ownership easy and accessible, Object 1 offers a flexible 4.5 Years Payment Plan: • 30% on booking – secures your apartment. • 35% during construction – spread across manageable installments. • 35% after handover (Q4 2027) – period of 2 years from handover. In addition, buyers must pay a 4% Dubai Land Department (DLD) fee for property registration.