What is the rental yield in Sky Level 1?

No gross yield is published for Sky Level 1 as of 2 Nov 2026: no rental contract is registered for it yet. In the last 12 months it had 7 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 7.4% gross.

How much does a 1 bedroom in Sky Level 1 cost?

The median registered sale price is AED 996,960 (1,677 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How many apartments change hands in Sky Level 1?

7 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Which metro station is closest to Sky Level 1?

Dubai Internet City, per the Dubai Land Department’s own nearest-landmark fields. The nearest mall is Mall of the Emirates.

Data to 2 Nov 2026

Sky Level 1

A 1 bed in Sky Level 1 costs a median AED 996,960.

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Price per sq ft, 1 bed: 1,677 AED/sqft; 7 sales
Units let in 12 months: 0%; Jumeirah Village Circle median 39%
Sales, 12 months: 7; 2% of the tower · 0 the year before

1 bed · typical price

996,960 AED

AED 1,677/sqft

vs Jumeirah Village Circle: 25% above
Cost to buy, all in: AED 1.06M

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What stands 420 units, as registered with the Land Department · share of the tower and typical size by type

1 bed · most traded
420 units,
100% · Typically 596 sqft

Is Sky Level 1 a good investment? Few units change hands and lots of new supply is coming; no record of the yield and the rent trend

Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
Is it easy to let?None of the 420 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
How fast do fees pay back?AED 65,014 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 65,014
Can I sell easily?7 sales in 12 months, 2% of the tower (0 the year before)7Watch
Is a lot being built nearby?15,091 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 53% of the 28,687 homes let there today. A further 9,569 are past their planned date. Jumeirah Village Circle supply by year →53%Watch
Did earlier buyers gain?Up 0% for launch buyers, before fees0.0%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 2 Nov 2026

Check an asking price →How each reading works →

Sky Level 1 prices and rents by unit typeA one-bed costs about AED 996,960

Type	Units · share	Median price	Gross yield	New rent	12 m change
1 bed	420100% · 596 sqft	AED 996,9601,677/sqft		not yet let	not yet let	no prior year7 sales

Units and typical sizes are as registered with the Dubai Land Department: what stands, not what traded. Gross yield is the new-lease rent over the price benchmark, before service charge; the change under it is against the Jumeirah Village Circle median for the type. Sales are registered sales in the 12 months to 2 Nov 2026. Every yield is gross: the 4% DLD transfer fee, agency fee, mortgage, vacancy and furnishing are not in it.

Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Jumeirah Village Circle · area median AED 1,340/sqft

vs area median: +25.2%
Rank by price per sqft: 17th of 302

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing: a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department: data to 2026-11-02.

Median price paid by year, 1 bed, with fainter bars resting on fewer sales. Too few monthly records in Sky Level 1 to draw an honest monthly line. The last bar, 2026, is the year to 2 Nov 2026; the trailing 12-month figure above runs back a full year from the same date, so the two can differ.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,677 · before fees

Launch, 2026: 0%; 1,677; 7 sales
Last 12 months: Today; 1,677; 7 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. Sky Level 1 places 42nd of 356; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12 m change	Sales
38	Binghatti TulipCompleted 2025 · off-plan 1,377/sqft	AED 865,000	1,714+2.2%	7.5%	+11.4%	33
39	The Autograph-I Series4% · Q3 2028 · off-plan 1,626/sqft	AED 1.45M	1,692+0.9%	n/a	+4.1%	38
40	Binghatti Amberhall70% · Q1 2026 · off-plan 1,664/sqft	AED 1.17M	1,682+0.3%	n/a	+13.1%	427
41	Maison Elysee III by Pantheon4% · Q4 2027 · off-plan 1,726/sqft	AED 727,202	1,680+0.2%	n/a	−3.0%	88
42	Sky Level 1 · this building0% · Q1 2029 · off-plan 1,677/sqft	AED 996,960	1,677	n/a	n/a	7
43	The Weave8% · Q3 2028 · off-plan 1,656/sqft	AED 1.33M	1,656−1.3%	n/a	n/a	20
44	Pearl House IV by Imtiaz18% · Q1 2028 · off-plan 1,653/sqft	AED 1.32M	1,654−1.4%	n/a	n/a	205
45	Eleganz 5 By Danube	AED 2.92M	1,653−1.4%	n/a	+4.5%	5
46	Concept 7 ResidencesCompleted 2024 · off-plan 1,347/sqft	AED 1.10M	1,650−1.6%	6.6%	+4.3%	17

Rank 1 is the dearest per square foot. Differences are against Sky Level 1 (AED 1,677/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Sky Level 1 has registered sale prices 25% above the Jumeirah Village Circle median price per square foot of 1,340 AED, across 302 eligible buildings. It ranks 17th of 302 by price per square foot in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,269 ready apartment sales in the 12 months to 2026-11-02.

+3.2% in median AED/sqft versus the preceding year, supported by 4,269 current and 5,325 prior price observations.

Explore sales activity

Planned apartment projects

7,986 known registered units across 36 pending projects planned within one year of the 2026-11-01 register.

40 projects had already passed their planned date; 15 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,091 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 53% of the 28,687 homes let there today.

Ready prices per sqft fell in 52% of 183 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.3%.

The pooled median moved +3.2%: 3.6 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 78% of 229 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.5%.

How these are counted

Find service-charge budget evidence for Sky Level 1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Sky Level 1

Sky Level 1 is an under-construction (0% built) apartment building by Object One in Jumeirah Village Circle. 7 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors: 47
Lifts: 7
Parking bays: 509
Pools: 1
Master developer: Object One

Nearest, as registered

Metro: Dubai Internet City
Mall: Mall of the Emirates
Landmark: Sports City Swimming Academy

Nearby in Jumeirah Village Circle

Every building in Jumeirah Village Circle →

Prices per sq ft around Sky Level 1, on the map

Pills show median sale price, AED. 306 buildings pinned from Google place records and Apple geocoding · Sky Level 1 is the inverted pinOpen in Apple Maps

Binghatti Apex

Jumeirah Village Circle · 300 sales, 12 months

950,000

AED, resale median · 1,485/sqft

Luma Park Views

Jumeirah Village Circle · 272 sales, 12 months

1.37M

AED, resale median · 1,598/sqft

Binghatti Royale

Jumeirah Village Circle · 131 sales, 12 months

1.97M

AED, resale median · 2,388/sqft

Binghatti Phoenix

Jumeirah Village Circle · 94 sales, 12 months

1.17M

AED, resale median · 1,503/sqft

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Sky Level 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: n/a; 4.5% over 25 years
Monthly rent: n/a
Cash needed at purchase: n/a

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Sky Level 1?: No gross yield is published for Sky Level 1 as of 2 Nov 2026: no rental contract is registered for it yet. In the last 12 months it had 7 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 7.4% gross.
How much does a 1 bedroom in Sky Level 1 cost?: The median registered sale price is AED 996,960 (1,677 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How many apartments change hands in Sky Level 1?: 7 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Sky Level 1?: Dubai Internet City, per the Dubai Land Department’s own nearest-landmark fields. The nearest mall is Mall of the Emirates.

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