About The Fifth Tower

Modern architecture with 36 storeys in Jumeirah Village Circle
345 residential units, from studios to 2-bedroom apartments
Excellent location with quick access to key landmarks
Extensive amenities including swimming pools, fitness centres, and play areas
Flexible payment plan for investors and buyers

The Fifth Tower at Jumeirah Village Circle (Dubai): Luxury villas by Object 1 Development

The Fifth Tower is an impressive residential project in the heart of Jumeirah Village Circle, developed by Object 1 Development. With 36 storeys, it offers a mix of stylish homes, ranging from compact studios to more spacious one or two-bedroom apartments. The tower’s design combines modern architecture with high-quality finishes, making it a striking addition to the Dubai skyline. Handover is scheduled for the fourth quarter of 2026, making it an attractive option for both residents and investors seeking a future-proof real estate project. Its location in District 16 of JVC provides a perfect balance of tranquillity and accessibility, with numerous amenities and connecting roads in the immediate vicinity. The project targets an international audience.

Villa types and layouts at The Fifth Tower Jumeirah Village Circle (Dubai)

The Fifth Tower offers a diverse range of homes, suitable for different lifestyles. The studios range in size from 35.3 to 58 m2 and are ideal for individuals or young couples seeking compact yet comfortable living. The 1-bedroom apartments, with an area between 78.4 and 127.7 m2, offer more space and are perfect for small families. For those requiring even more space, there are 2-bedroom apartments, ranging from 103.3 to 103.4 m2. All units are fitted with high-quality materials and a neutral colour palette, allowing residents to add their own style. The layout of the homes is carefully designed to make optimal use of the available space, with ample natural light and practical storage solutions. This makes The Fifth Tower an excellent choice for those seeking a modern home in Dubai.

About the developer Object 1 Development and the The Fifth Tower design

The Fifth Tower is a project by Object 1 Development, a renowned developer in Dubai known for its quality and innovative real estate projects. The building comprises 36 storeys and includes various communal facilities alongside the residential units. These include a beautifully landscaped garden with cooling mist systems, children’s play areas, and separate swimming pools for adults and kids. Furthermore, there is a fitness centre, wellness facilities, and welcoming communal spaces such as a barbecue area and a cinema room. The entrance lobby is spacious and features a lounge area, supported by 24-hour concierge service. Object 1 Development guarantees high-quality finishes and attention to detail, ensuring residents can rely on a comfortable and luxurious living environment. The project fits perfectly within their portfolio of quality real estate in Dubai.

Prime location in Jumeirah Village Circle (Dubai) near key Dubai destinations

Located in Jumeirah Village Circle, District 16, The Fifth Tower offers an excellent location with easy access to key points in Dubai. Thanks to its proximity to Al Khail Road, connections to the rest of the city are effortless. Within a ten-minute drive, you can reach the Dubai Autodrome, while the world-famous Burj Khalifa is just fifteen minutes away. For daily shopping or leisure, the Dubai Hills Mall is a seven-minute drive, and Jumeirah Beach is reachable within twenty minutes for a day at the shore. Business travellers benefit from the short distance to Dubai World Center, approximately a 28-minute drive. The neighbourhood itself is quiet and green, with ample amenities such as schools, shops, and restaurants in the immediate vicinity. This makes The Fifth Tower an ideal place for those who want to combine the best of Dubai: a relaxed residential environment with all the advantages of a global city within easy reach.

Flexible payment plan for The Fifth Tower villas

The payment plan for The Fifth Tower is structured flexibly, making it attractive for both buyers and investors. The starting price for a studio begins at AED 554,000, with various payment options available on request. The plan is designed so that buyers do not have to bear a large financial burden immediately but can pay in phases during the construction period. This provides certainty and reduces risk for investors. A real estate agent in Dubai can provide additional information on financing options. The project is particularly suitable for those looking for a profitable investment or a second home in a dynamic city like Dubai. Please feel free to contact us for a detailed overview of the payment terms.

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Monthly payments and your own funds

How much do you need for The Fifth Tower, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE? No, non-resident Yes, UAE resident

Purchase price AED 650,000 Finance at handover 40% Maximum 40%: 40% is due at handover, and banks generally finance no more than 50% for non-residents. Interest rate 3.6% Term 25 years

Monthly payments after handover

AED 1,316

≈ € 320 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan: AED 390,000≈ € 93,600
Your funds at handover: AED 0≈ € 0
Mortgage at handover: AED 260,000≈ € 62,400
Purchase costs4% DLD fee and mortgage costs: AED 30,120≈ € 7,200
Total funds required: AED 420,120≈ € 100,800

Request finance guidance for The Fifth Tower

How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)	Maximum mortgage
First home up to AED 5m	80%
First home above AED 5m	70%
Second home or investment	60%
Off-plan, before handover	50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

About Object 1

Object 1 is a leading developer in Dubai, specialising in off-plan property projects. On this page, you will find a complete overview of all projects currently under development. From luxury apartments to modern villas, Object 1 offers diverse investment opportunities. One of the most talked-about projects is the recently announced Skyline Residence in Business Bay, with units starting from AED 1,200,000 and areas starting from 75 m².

In addition, Marina Heights is a popular project in Dubai Marina, where investors can benefit from sea and skyline views. Every Object 1 project is characterised by attention to detail, high-quality materials, and strategic locations. Are you interested in a specific project? Please contact us for more information.

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