Dubai real estate developer Object1 reports a 913 per cent increase in sales value
Object1 Real Estate Achieves Unprecedented Growth in Dubai’s Booming Market
Dubai-based real estate developer Object1 is closing the year on a high note, celebrating exceptional growth in both sales value and volume. With a staggering 913% increase in sales value and an impressive 1,059% rise in sales volume compared to 2023, Object1 has firmly established itself as a key player in Dubai’s dynamic real estate market.
Expanding Horizons with Strategic Developments
In 2024, Object1 unveiled nine premium projects, significantly increasing its market presence across Dubai. The company successfully sold over 860 units, further cementing its reputation for delivering quality residential and mixed-use developments that cater to growing market demands.
Upcoming Projects in Prime Locations
Building on its success, Object1 is gearing up to launch new projects in some of Dubai’s most desirable neighborhoods, including:
- Jumeirah Village Triangle (JVT)
- Al Furjan
- Dubai Land Residence Complex
- Dubai Islands
Driving Innovation and Excellence
Tatiana Tonu, Managing Director of Object1, highlighted the company’s commitment to excellence, stating:
“The UAE’s real estate market has witnessed phenomenal growth this year, fueled by robust economic recovery, visionary government initiatives, and a surge in demand for premium properties. Dubai alone recorded transactions worth AED625 billion ($170.2 billion) in 2024, showcasing its resilience and global appeal. At Object1, we are proud to contribute to this thriving sector with innovative, sustainable, and customer-centric developments.”
The company’s upcoming projects are set to embrace smart home technologies, sustainable building features, and integrated community living, aligning with modern preferences and redefining urban living standards.
Catering to a Diverse Clientele
Object1 continues to attract a diverse customer base, including both local and international buyers. Investors from countries like Turkey, Iran, France, India, Germany, and China have shown strong interest in the company’s offerings. The developer’s flexible payment plans and attractive financing options have been particularly appealing to first-time homeowners and investors seeking high rental yields.
Strategic Partnerships Powering Growth
Key to Object1’s remarkable growth has been its strategic collaborations with top-tier architects, sustainability-focused technology providers, and prominent investment funds. These partnerships have enabled the company to stay ahead in innovation while delivering projects that resonate with modern buyers.
As Object1 continues to grow, it remains dedicated to enhancing Dubai’s real estate landscape with future-proof developments that blend quality, innovation, and customer satisfaction.
