Object 1 payment plans, explained

Some 2024-2025 projects instead used handover-weighted 50/50 plans (V1STARA House 20/30/50, EVERGR1N House 10/40/50) and a few use 70/30 fully paid by handover (OZONE1 10/60/30, ELAR1S Sky 20/50/30). Plans genuinely differ per launch and even per unit type (penthouses at S1LVIANA get 30% over 24 months post-transfer), so exact splits must be confirmed against the project's current payment schedule. Booking is normally 10% (occasionally 14-20%), with the 4% DLD fee plus Oqood/admin charges billed to the buyer around booking/SPA; no Object 1 DLD-waiver promotion was found in 2025-2026 sources. All plans are interest-free and installments are paid into the project's RERA escrow account; Object 1 publishes no self-serve buyer payment portal, so SOAs and payment matters run through its client-relations team. The developer is young: its first handovers (RA1N, V1TER, 1WOOD) landed in 2025 with minor reported delays of 3-4 months, so its long post-handover track record is still thin.

60/40 (10/50/40) - standard plan on recent launches: 10% down payment on booking, ~50% in staged installments during construction (typically 5-10% steps, some launches add 10% at 30 days then quarterly installments), 40% on handover. This is the default structure across Object 1's 2023-2026 launches. Recent examples: IR1DIAN Park, JVC (launched 2025, handover Q2 2027) - 60/40 standard plan; S1LVA/S1LVIANA Park Living, JVT (2025, handover Q1 2027) - 10/50/40; V1TER Residence, JVC (handover Q3 2025) - 10/50/40.

70/30 post-handover (PHPP) - optional on most 2025-2026 launches: 10-20% on booking, ~50-60% during construction, small (0-10%) slice at handover, then 25-30% post-handover over roughly 16-24 months in monthly or scheduled installments. Concrete examples: IR1DIAN Park option = 70% construction + 30% over 20 monthly installments after handover; ALTA V1EW = 10% booking + 10% at 30 days + quarterly 5-10% to completion (Dec 2028) + 30% in six installments until Aug 2030; ELAR1S Sky option = 20/50 + 5% at handover + 25% over 16 months; S1LVIANA penthouses = 30% over 24 months after transfer. One broker (dxboffplan) advertises ELAR1S Sky's 30% as 'over 5 years' post-handover - unverified against more detailed listings and likely marketing inflation, do not print without developer confirmation. Recent examples: IR1DIAN Park, JVC (2025, handover Q2 2027) - PHPP 70/30 over 20 months; ALTA V1EW Skyhomes, JVC (launched H1 2025, completion Dec 2028) - 70/30 with post-handover to Aug 2030; ELAR1S Sky, JVT (2025 launch, handover Q4 2028) - 20/50/5 + 25% over 16 months.

50/50 handover-weighted (select 2024-2025 launches): 10-20% on booking, 30-40% during construction, 50% on handover; both known examples were also marketed with an optional 2-year post-handover arrangement. Used on select boutique launches rather than as the house standard. Recent examples: V1STARA House, Al Furjan (2024 launch, handover Q1 2027) - 20% down, 30% construction, 50% handover, 2-year post-handover option; EVERGR1N House, Jumeirah Garden City / Al Satwa (2024, handover Q2 2026) - 10% booking, 40% construction, 50% handover, 2-year post-handover option; EVERGR1N HOUSE 2 launched H1 2025 after phase 1 sold out.

70/30 fully paid by handover (no post-handover): 10-20% booking, 50-60% during construction, 30-36% on handover, nothing after. Splits reported: OZONE1 = 10/60/30; ELAR1S Sky base plan = 20/50/30; AUREL1A Residence = ~64% by completion / 36% at handover (one listing details it as 14% booking + 50% construction + 36% handover - the same page shows both figures, so verify with the developer before publishing an exact split). Recent examples: OZONE1 Residence, JVC (handover Q2 2026) - 10/60/30; ELAR1S Sky, JVT (2025 launch, handover Q4 2028) - base 20/50/30; AUREL1A Residence, Dubai Sports City (handover Q4 2027) - 64/36.

Installments are paid into RERA-regulated project escrow accounts, as UAE law mandates for all off-plan sales. UAE law obliges developers to collect off-plan payments into DLD-monitored escrow accounts per project; Object 1 is a DLD-registered developer and its projects carry RERA permit numbers (e.g. IR1DIAN Park RERA permit 0190066946). Buyers should always verify the project escrow account number on the SPA and pay only into it.

Booking norm: 10% down payment on most launches (occasionally 14-20%), with 4% DLD fee plus Oqood/admin fees billed to the buyer around booking/SPA. Recent Object 1 launches (S1LVIANA, IR1DIAN, ALTA V1EW) book at 10%; ELAR1S Sky and V1STARA were marketed at 20% initial, AUREL1A at 14%. The 4% DLD registration fee plus Oqood admin (~AED 580-5,250 depending on project/trustee) follows standard Dubai off-plan practice of collection at or shortly after SPA signing. Market-standard EOI deposits (AED 5,000-50,000, credited to the down payment) apply on pre-launch allocations.

No DLD-fee waiver promotion by Object 1 found for 2025-2026. Broker roundups of developers offering full/partial DLD waivers (Emaar, DAMAC, Sobha, Nakheel, Azizi, Danube, Binghatti) do not list Object 1, and no Object 1 project page advertised a DLD waiver. Guides should tell buyers to budget the full 4% DLD on Object 1 purchases unless a specific launch promo says otherwise.

Object 1 states buyers pay zero brokerage on most off-plan purchases; trustee/admin fees vary by project. Eddy Nemri, VP of Sales at Object 1, is quoted in Gulf News saying that in most off-plan transactions the buyer pays no brokerage fee (developer pays the agent), and that buyers should expect trustee or administrative fees depending on the project.

Young developer with first handovers in 2025; minor delays reported; plans genuinely vary per launch and unit type. Founded 2022 in Dubai by Egor Maslennikov under TSZ Group (in real estate since 2010); ~16 active projects and 4.5M sq ft pipeline as of H1 2025, plus Abu Dhabi expansion (A1LA Residence, Al Reem Island). First deliveries RA1N/V1TER/1WOOD in 2025, with RA1N reported ~3-4 months late. Because the company re-cuts the plan every launch (60/40, 70/30 PHPP, 50/50) and gives penthouses different post-handover terms, a guide must anchor each percentage to a named project and date, never to 'Object 1' generically.

Broker data on Object 1 splits conflicts on some projects - treat single-source percentages as unverified. Examples found during research: IR1DIAN Park listed as 60/40 by dxboffplan/1011properties but as 10/30/60 by everhomes.ae; AUREL1A shown as both '14% booking + 50% + 36%' and '64% construction / 36% handover' on the same insiderealty page; ELAR1S Sky's post-handover period claimed as both 16 months and '5 years'. A published guide should show the majority-source figure and flag the range.