Dubai real estate developer Object One is ending the year with remarkable growth after seeing sales value grow by 913% and sales volume up by over one thousand percent in 2023.
Unprecedented Milestones and Market Expansion
Object1 is making waves in Dubai’s thriving real estate market with remarkable growth and has achieved unprecedented milestones. Object 1 has launched nine high-quality projects and expanded its market share in key locations in Dubai. The company’s sales value grew by an impressive 913% YOY, successfully selling more than 860 units.
Significant Sales Volume Increase
As a result, sales volume has increased by 1,059% over the prior year. The developer’s portfolio includes residential properties and mixed-use developments, which have attracted strong demand.
Strategic Project Locations
Object1 will reveal new initiatives in in-demand fields, such as:
- Jumeirah Village Triangle
- Al Furjan
- Dubai Land Residence Complex
- Dubai Islands
Leadership Perspective
Tatiana Tonu, Managing Director at Object 1, said: “The UAE’s real estate market has been a cornerstone of growth this year, driven by the country’s robust economic recovery, forward-thinking government policies, and a rising demand for premium properties.
“Dubai alone has achieved remarkable milestones, with transactions reaching a combined value of AED625bn ($170.2bn) in 2024. As a company deeply committed to quality, innovation, and customer satisfaction, Object1 is proud to contribute to this flourishing sector with its future-proof developments.
“Our upcoming projects will reflect the growing preference for smart home technologies, sustainable building features, and integrated community living, further strengthening our presence and redefining urban living standards.“
Diverse International Buyer Base
Both domestic and foreign consumers make up Object 1’s clientele, and investors are particularly interested in:
- Turkey
- Iran
- France
- India
- Germany
- China
Also Read: DAMAC Islands records AED10bn in sales with 3,100 units sold
Attractive Investment Opportunities
Buyer interest has been further increased by the developer’s flexible payment plans and alluring financing choices, especially for first-time homeowners and investors looking for high rental yields.
Strategic Partnerships
The developer also secured several strategic partnerships with top-tier architects, sustainability-focused technology providers, and investment funds that have driven its growth.
