Fifth Tower Jumeirah Village Circle Dubai

Fifth Tower, which its developer brands F1FTH Tower, is a 36-storey residential building by Object 1 Real Estate Development in District 16 of Jumeirah Village Circle (JVC). It has 345 homes - studios, one-bedrooms and two-bedrooms - over a ground floor of parking and retail and a podium of amenities. Buyers search for it as the Fifth Tower JVC, the F1FTH Tower JVC, the 5th tower or simply the Fifth JVC.

Units launched from AED 554,000 (about Rs 1.43 crore) for a studio of about 380 sq ft, on a 20/40/40 plan with 40% due at handover. Booking opened in March 2024 and construction started in April 2024. Handover is on record for Q4 2026, but the last construction update we found had slabs cast to the 12th floor, so plan for later.

At a glance

Price and unit pricing

The catalogue row for this project carries no price, so we print the launch start of AED 554,000, which Property Finder's new-project page, propsearch and broker pages all repeat. It is the only figure tied to a unit size: the 30 m² studio, about 380 sq ft. Studio plans run up to about 624 sq ft, and those cost more.

The launch price is two years old. A 2026 listing on object1.com starts at AED 1,380,284, which only fits a one-bedroom of 844 sq ft or more, so the cheapest studios may have sold. Two-bedrooms are oddly quoted at 1,112 to 1,113 sq ft, smaller than the largest one-bedroom at 1,375 sq ft. Object 1's current price list, with the unit number and suite area printed, settles both points.

Against JVC

JVC's median transacted rate in 2026 guides is about AED 1,347 per sq ft, with ready apartments averaging AED 1,337 to 1,461. At about AED 1,458 per sq ft, the launch studio sat at the top of the ready-market average, a fair price for a new building. Most 2025 and 2026 JVC launches are priced 25% to 60% above the median, so a resale here near the launch rate compares well.

Payment plan and total cost

The Fifth Tower payment plan on most pages is 20/40/40: 20% on booking, 40% during construction and 40% on handover. Other pages print 10/50/40, 40/20/40, and one shows the last 40% spread over 24 months after handover. The plan in your SPA is the one that counts, so ask which applies to the unit you are offered.

Worked example: a AED 554,000 studio on 20/40/40

What that means today. The construction share was meant to be paid over 2024 to 2026, so a buyer now pays most of the 60% before handover in a short time, and 40% at keys. A resale buyer repays the seller's paid amount plus their premium and takes on the handover payment; ask Object 1 for the statement of account and its transfer fee in writing.

Service charge. Not published. JVC commonly runs about AED 10 to 18 per sq ft a year, about AED 3,800 to 6,840 on a 380 sq ft studio. A podium with pools and an indoor cinema suggests the middle of that range.

Location and connectivity

The building sits in JVC District 16, inside Jumeirah Village Circle, between Al Khail Road and Sheikh Mohammed bin Zayed Road. District 16 is on the quieter side of JVC, close to the community's parks. Mall of the Emirates is about 10 to 15 minutes away, Dubai Marina and JLT about 15 minutes and Downtown about 20 minutes. Broker pages also point to Dubai Miracle Garden and The Els Club as short drives.

There is no Dubai Metro station inside JVC; the nearest are on Sheikh Zayed Road, a 10 to 15 minute drive. JVC is mostly built, with Circle Mall, schools and clinics, but it also has one of Dubai's largest off-plan pipelines, so expect building work in the area for years.

Object 1 has several buildings in JVC, and its newest launch there, Sky Level 1, was announced in 2026. For other options in the community and the city, see all Dubai projects we track and the full projects list. In the same community, Auresta Tower in District 11 is the contrast: 63 floors, 814 furnished homes, studios listed from AED 636.1K and handover in Q4 2028, against this building's 345 homes and much nearer date.

Amenities and specifications

The podium holds the shared amenities: swimming pools, a gym, a children's play area, green walkways, table tennis, a games room, an indoor cinema, and BBQ and dining areas. The lobby has a lounge with concierge service. The ground floor is parking and retail.

Plans are larger than the JVC norm. Studios run about 380 to 624 sq ft, one-bedrooms about 844 to 1,375 sq ft and two-bedrooms about 1,112 sq ft. Broker pages describe large windows and furnished interiors, but no source says every unit is sold furnished, so check what the SPA includes.

No source publishes the finish schedule, appliance brands, parking per unit or the cooling arrangement. Ask for them with the floor plan. Final specification as per the SPA.

About the developer

Fifth Tower by Object 1 is one of about 36 projects that broker and data guides credit to Object 1 Real Estate Development, across JVC, JVT, Al Satwa, Dubailand Residence Complex, Jebel Ali and Dubai Sports City. The developer puts a '1' in its building names - RA1N, V1TER, 1WOOD, F1FTH - and has grown quickly since about 2020.

Its first handovers, RA1N, V1TER and 1WOOD, came in 2025 with reported delays of three to four months. One data guide goes further and claims every contracted unit was delivered on or before the DLD date with no cancellations; we treat that as the developer's best case. Handovers on the rest of its pipeline run from 2026 to 2029. It is a newer developer with a short but real delivery record, and the honest test for this tower is the DLD progress figure.

For Indian buyers

Ownership. JVC is freehold and open to every nationality. During construction your purchase is an Oqood record at the DLD; after handover the DLD issues the title deed in your name. The UAE has no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 22,160 on the launch studio.

Remittance. Under the Liberalised Remittance Scheme each person can send USD 250,000 per financial year. The studio with fees is about AED 580,400, roughly USD 158,000, inside one person's allowance. The 40% handover payment, about AED 221,600 or USD 60,000, needs to be ready in the year of handover. TCS above Rs 10 lakh a year is adjusted against your income tax.

Golden Visa. The property route needs AED 2 million. Nothing here is priced near that.

Rent and tax. JVC returned about 6.6% gross in 2026 guides, studios 7% to 8.5%. On AED 554,000 a 7% return needs about AED 38,800 a year, realistic for a new JVC studio. The UAE does not tax the rent; an Indian tax resident declares it in India with the 30% standard deduction and reports the flat as a foreign asset.

Pros

• AED 554,000 for a 380 sq ft studio is about AED 1,458 per sq ft, near JVC's ready-market average
• Larger plans than most JVC launches: one-bedrooms from 844 sq ft
• A smaller building of 345 homes, so fewer identical units competing at handover
• Construction has been under way since April 2024, so this is not a paper launch
• Object 1 has handed over buildings in 2025 with modest delays

Cons

• The Q4 2026 date looks unlikely on the last progress figure we found
• 40% due at handover is a large lump sum with no post-handover cushion on the main plan
• Launch prices are two years old; today's units sell higher, with one 2026 listing from AED 1,380,284
• Sources disagree on sizes, plan and dates, so every figure needs checking against the SPA
• Project number, escrow bank and service charge not published

Who this is for

• Buyers who want a JVC unit with keys likely in 2027 rather than 2029
• Resale buyers who can negotiate with launch buyers facing the 40% handover payment
• Families who want a larger one-bedroom than JVC usually offers
• Indian buyers who can fund the handover lump sum within the LRS

Who should look elsewhere

• Anyone who needs the post-handover plan to make the numbers work
• Buyers who need keys by a fixed date in early 2027
• Golden Visa buyers - no unit type here is priced near AED 2 M
• Anyone not willing to check the DLD progress figure before paying

Our verdict

Fifth Tower is a mid-size JVC building, 345 homes on 36 floors, from a developer that has only been handing over since 2025. The launch price of AED 554,000 for a 380 sq ft studio, about AED 1,458 per sq ft, was close to JVC's ready-market average, which made it one of the better-priced launches of 2024. Two problems follow. The date: Q4 2026 is printed everywhere, but the last progress figure we found had the frame at the 12th floor. The plan: 40% is due at handover, so a buyer today pays most of the price in one go, soon. Object 1's first handovers ran three to four months late, which is ordinary for Dubai.

A sensible buy at or near the launch rate, for a buyer who can pay the 40% handover instalment and wait into 2027. Do not pay a large premium over AED 1,500 per sq ft without checking DLD transactions, and confirm the project number and escrow account with Object 1 first. If you need post-handover terms, look elsewhere.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the Fifth Tower JVC price?

The launch price started at AED 554,000 (about Rs 1.43 crore) for a studio of about 380 sq ft. Two years on, a 2026 listing on object1.com starts at AED 1,380,284, which fits a one-bedroom, so the cheapest studios may be gone. Ask Object 1 for the current price list and compare recorded resales on the Dubai REST app.

What is the Fifth Tower payment plan?

Most pages print 20/40/40: 20% on booking, 40% during construction and 40% on handover. On AED 554,000 that is AED 110,800, AED 221,600 and AED 221,600, plus the 4% DLD fee of AED 22,160. Variants of 10/50/40 and 40/20/40 are also printed.

When is the Fifth Tower handover?

Q4 2026 on most sources; one record gave completion as July 2026, now passed, and one source gives Q3 2027. A construction update showed slabs cast to the 12th of 36 floors. Plan for 2027 and check the completion percentage on the Dubai REST app.

What sizes does the Fifth Tower floor plan offer?

Studios of about 380 to 624 sq ft, one-bedrooms of about 844 to 1,375 sq ft and two-bedrooms of about 1,112 to 1,113 sq ft, as quoted. Some one-bedrooms are larger than the two-bedrooms on these figures, so check the plan and suite area for your exact unit.

Where can I get the Fifth Tower brochure?

Object 1 and its agents send the brochure and floor plans on request. Ask for the version with the unit number, suite area and the payment schedule, because broker summaries disagree on the plan.

Is the 5th tower in JVC the same as the F1FTH Tower?

Yes. Object 1 brands the building F1FTH, and buyers search for it as the Fifth Tower, the 5th tower or the Fifth JVC. It is one 36-storey building in District 16.

What service charge should I expect?

Not published. JVC commonly runs AED 10 to 18 per sq ft a year, about AED 3,800 to 6,840 on a 380 sq ft studio. Ask Object 1 for the budget before handover.

What rental yield can I expect?

JVC returned about 6.6% gross in 2026 guides, studios 7% to 8.5%. A studio bought at AED 554,000 needs about AED 38,800 a year to reach 7% gross, which is realistic for a new JVC studio.

Compare with other Dubai projects

Also in Jumeirah Village Circle: Samana Waves 2 (from AED 552,636, off-plan), Pearl House 2 By Imtiaz (from AED 556,500, ready), Five Jumeirah Village (from AED 549,999, ready) and The Residence by Prestige One (from AED 562,000, ready). See every Jumeirah Village Circle project with prices and handover dates.

More by Object 1: AUREL1A Residence (from AED 674 K, handover 2027), VERDAN1A (from AED 0.91 M, handover 2027) and Evergr1n House 2 (from AED 992 K, off-plan).

A similar budget elsewhere in Dubai: Eleve by Deyaar (from AED 555,458, handover 2027), Azizi Berton (from AED 550,000, ready) and Azizi Pearl (from AED 550,000, ready).

Read next: Apartments for Sale in JVC, Dubai: Prices and Yields · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.