Object 1 has announced the completion of RA1N Residence, its residential development in Dubai, marking the company’s transition from project launches to the handover of completed homes.
The development is located in District 12 of Jumeirah Village Circle (JVC) and consists of a 25-storey tower with 144 units. The apartments include one- and two-bedroom units as well as top-floor apartments with jacuzzi facilities.
“Delivering RA1N Residence is a defining moment for Object 1, as we move from vision to tangible reality. While the world watches regional shifts with caution, our faith in Dubai’s investment climate remains absolute. This city is more than just a market; it is a global safe haven that consistently turns challenges into growth opportunities. By completing our project, we are sending a clear message to our investors: we are here for the long term, contributing to the Dubai 2040 Urban Master Plan and building high-quality communities that thrive regardless of external pressures,” Tatiana Tonu, CEO of Object 1 said in a statement.
Project delivery marks shift from launches to handovers
The project enters the market at a time when demand for ready-to-move properties continues to increase. JVC accounts for 61 per cent of apartment sales searches and 80 per cent of rental searches in the mid-market segment.
RA1N Residence includes a range of amenities such as a lobby with lounge and co-working spaces, a clubhouse, indoor and outdoor fitness areas, and two swimming pools for adults and children. The development also features retail outlets and indoor and outdoor play areas for children.
The apartments have layouts designed for functionality and include materials and finishes sourced from European factories. Units are equipped with built-in appliances and plumbing fixtures from manufacturers.
JVC records strong demand in mid-market segment
The location provides access to Al Khail Road and Sheikh Mohammed Bin Zayed Road, connecting residents to Dubai Marina, Jumeirah Lakes Towers and Dubai Internet City.
The Roads and Transport Authority (RTA) Hessa Street Phase II project is expected to increase road capacity and reduce travel times while serving nearly 650,000 residents in surrounding areas.
The announcement comes as Dubai’s property market records increased activity. In January 2026, transactions reached approximately AED108 billion, nearly double the figure recorded during the same period in the previous year.
