Essenl1fe by Object 1 Payment Plan & Down Payment
20/40/40 — 20% down payment at booking, 40% during construction, 40% post-handover.
Down payment: 20% on booking, about AED 150,400 at the entry price, plus the 4% DLD fee at registration.
| Milestone | % | Entry price (AED 752.0K) |
|---|---|---|
| Down payment at booking | 20% | AED 150,400 |
| During construction | 40% | AED 300,800 |
| Post-handover | 40% | AED 300,800 |
| DLD transfer fee, on purchase | 4% | AED 30,080 |
| Cash needed before handover | 60% + fee | AED 481,280 |
| After handover | 40% | AED 300,800 |
40% falls due after you get the keys, so the unit can be let before the balance is paid. Excludes the AED 1,000 Oqood registration, any developer admin fee and service charges; confirm every figure against your sale agreement. Compare payment plans across every Dubai project →
If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.
Essenl1fe by Object 1 Handover Date & Construction Progress
Handover: Q4 2027. Essenl1fe by Object 1 is not in the part of the DLD register we track (projects registered or due in 2026), so we cannot show its % built here.
Check the escrow account and construction progress on the DLD register or the Dubai REST app before you pay — here is how to read an escrow account, and what it does not protect →
Property Overview
Essenl1fe by Object 1 unit types & floor plans
| Unit | From |
|---|---|
| Studio (from 435 sqft, furnished) | AED 752,000 |
| 1 Bed Apartment (furnished) | – |
| 2 Bed Apartment (furnished) | – |
| 3 Bed Apartment (up to 1,762 sqft) | – |
Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.
Essenl1fe by Object 1 Location & Master Plan
Amenities & Facilities
Is Essenl1fe by Object 1 a good investment? Our view
Essenl1fe pairs furnished delivery with a 40% post-handover plan in JVT — rent it out at handover while paying off almost half the price. The trade-offs are a newer developer and JVT's growing tower supply.
Who it suits
Best suited for yield investors who want furnished, rent-ready units with a genuine post-handover plan, and end users who prefer JVT's quieter feel over JVC's density. Check Object 1's delivered buildings if developer track record is your main filter.
For investors
For investors, the 20/40/40 structure is the story: only 60% is paid by handover, and the furnished unit can generate rent immediately while the remaining 40% is settled — genuinely cash-flow-positive scenarios are possible at JVT rents. Weigh Object 1's shorter track record and the volume of similar furnished stock launching across JVT and JVC, which will compete for the same tenants.
If you will live there
For end users, Essenl1fe offers a furnished, move-in-ready home in JVT's quieter grid with quick highway access — and the post-handover plan spreads nearly half the cost after you've moved in.
How Jumeirah Village Triangle (JVT) compares
Thinking about Essenl1fe by Object 1? See how its area stacks up on recorded prices, unit mix and delivery.
FAQs
What is the starting price of Essenl1fe at JVT?
Essenl1fe starts from around AED 752,000 for a fully furnished studio of about 435 sqft, with 1, 2 and 3-bedroom apartments up to 1,762 sqft at higher price points.
What is the payment plan for Essenl1fe?
A 20/40/40 structure: 20% down payment, 40% during construction, and 40% after handover — meaning you can take keys and rent the unit out while still paying nearly half the price.
When is the handover of Essenl1fe?
Essenl1fe is scheduled for handover in Q4 2027.
Are Essenl1fe apartments furnished?
Yes — units are delivered fully furnished, which cuts landlord fit-out costs and lets rental income start almost immediately after handover.
Who is Object 1?
Object 1 is a fast-scaling mid-market Dubai developer, part of TSZ Group, with a growing cluster of projects across JVT, JVC and Dubailand. They are newer than the established names — inspect one of their delivered buildings if track record is your key criterion.
Is Essenl1fe a good investment?
The furnished-plus-post-handover combination is genuinely investor-friendly: only 60% paid by handover with rent starting immediately. Balance that against Object 1's shorter record and the volume of similar furnished stock arriving across JVT and JVC that will compete for tenants.
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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 13 Oct 2026.