Object 1 launches 54-storey ALTA V1EW tower in JVC

by Staff Reporter
Object 1 launches 54-storey ALTA V1EW tower in JVC

Real estate developer Object 1 has announced the launch of ALTA V1EW, a new 54-storey residential tower planned for Jumeirah Village Circle (JVC), one of Dubai’s most active and family-friendly communities.

The development is scheduled for completion in the fourth quarter of 2028.

Tallest in JVC

Set to become one of the tallest towers in JVC, ALTA V1EW will offer studio, one-, and two-bedroom apartments, with expansive terraces and a variety of indoor and outdoor amenities.

The project’s “Skyhomes” concept integrates natural light, open space, and eco-conscious design throughout its 46 residential floors.

According to Object 1, the tower aims to reflect “Life Above It All” by blending modern architectural elements with functional layouts and high-quality finishes.

Demand and location

JVC continues to attract both residents and investors, with average apartment prices in the area increasing by 12% over the past year. Its appeal is supported by proximity to key business areas, access to highways like Al Khail Road and Sheikh Mohammed Bin Zayed Road, and nearby schools, malls, and recreational sites.

“The market today is shaped by people who want more than square footage; they want meaning, connection, and seamless functionality,” said Tatiana Tonu, CEO of Object 1. “ALTA V1EW is our answer to this new lifestyle mindset. It combines elevated design with grounded comfort, offering a truly distinctive skyline presence in JVC.”

Amenities and features

Residents will have access to a range of amenities, including a lagoon-style pool, Aqua & Sand oasis, kids’ play zones, gym, clubhouse, and tennis courts. Additional features include a Sky Infinity Pool, sunken lounge, and a Sky Terrace offering panoramic views of Dubai’s skyline.

Retail outlets on the ground floor will provide everyday essentials, while landscaped gardens and fitness zones are designed to enhance daily living.

Off-plan growth

The launch comes as Dubai’s off-plan property market continues to grow. In 2024, off-plan sales accounted for 63% of total real estate transactions, valued at Dhs 254.46 billion. ALTA V1EW is positioned to attract early-stage investors looking for long-term growth in a well-connected community.

tanvir@dubainewsweek.com

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