![Floarea Lakes image of Floarea Lakes by Mashriq Elite Developments, Dubai,Dubai Production City (IMPZ) — [1]](https://new-projects-media.propertyfinder.com/project/a925763d-a37d-4010-bcff-9688669fa35c/gallery/image/fGVoZNkKxYIizY81o_mCdGFVZukfgn8c8pYUoDZIVNc=/medium.webp)

From: 640K AED
Dubai,Dubai Production City (IMPZ)
Starting from 650K AED*
*This is the current lowest price available for this project. Prices are subject to change based on market conditions and availability.

September 2025
June 1, 2023
Apartment
4%
Freehold
10%
Down payment
At sales launch
50%
During construction
40%
On handover
Project announcement
Booking Started
Construction Started
Construction progress: 88.18%
Latest update: November 27, 2025
Expected Completion
Experience the epitome of contemporary luxury living at V1ter Residence, an extraordinary project by Object 1 Contemporary Development. This majestic architectural marvel is home to 175 ultra luxurious apartments, ranging from cozy studios to spacious 4 bedroom homes. Nestled in the prime location of District 12, Jumeirah Village Circle, V1ter Residence is a gem that personifies comfort, style, and modern living.
Conveniently situated in District 12, Jumeirah Village Circle, V1ter Residence is a tranquil oasis, strategically located away from the busy tourist routes. This prime location means residents can relish the tranquility of a peaceful neighborhood, yet remain well connected to the city's major attractions. Exceptional transport links ensure commuting is never a hassle, making V1ter Residence the perfect place to work, live, and relax.
Luxury Living: V1ter Residence is a 25 story residential marvel. It features a basement, ground floor, three podium floors, and 22 residence floors. Furnished with top quality Italian furniture and appliances, the apartments offer both style and comfort. The design is not only functional but also aesthetically pleasing, creating a perfect balance for a comfortable life in Dubai.
V1ter Residence offers a variety of housing options to cater to diverse needs. The apartments range from compact studios to spacious 3 bedroom options. Each apartment is crafted with exceptional attention to detail, ensuring that residents experience the finest living.
V1ter Residence is more than just a residential complex; it's a lifestyle statement. With its future ready amenities, Italian made furnishings, and its prime location, V1ter Residence is undoubtedly an excellent choice for those in search of a modern, luxurious living experience in Dubai. The project is currently under construction, with expected delivery in Q3 2025. Get ready to experience modern living at its finest at V1ter Residence."
![image of V1ter Residence by Object 1, Dubai,Jumeirah Village Circle,District 12,V1ter Residence — [1] image of V1ter Residence by Object 1, Dubai,Jumeirah Village Circle,District 12,V1ter Residence — [1]](https://new-projects-media.propertyfinder.com/project/32136352-42ee-4626-a4c2-b43ea9e33373/master_plan/image/IpH58-Vy0HwsDNVuAnt7gY_tYHqNa-vajhM_23zuTxY=/original.webp)
Located in District 12 of Jumeirah Village Circle, the V1ter Residence masterplan is an extraordinary residential development by Object 1 Contemporary Development. Offering 175 ultra-luxurious apartments, from studios to 4-bedroom homes, this 25-story tower combines modern design with tranquility. With premium Italian furnishings and top-notch amenities, V1ter Residence provides the ultimate in comfort and style. The development is ideally situated for easy access to Dubai's key attractions while remaining a peaceful retreat from the city bustle.
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A | 391 | 1 | |
| Type B | 377 | 1 | |
| Type D | 1,018 | 1 | |
| Type E | 1,052 | 2 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type F | 811 | 1 | |
| Type D | 681 | 1 | |
| Type H | 817 | 1 | |
| Type E | 680 | 1 | |
| Type A | 678 | 1 | |
| Type C | 634 | 1 | |
| Type B | 681 | 2 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type C | 999 | ||
| Type B | 1,033 | 3 | |
| Type A | 1,015 | 2 | |
| Type F | 1,033 | 2 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A | 1,607 | 3 | |
| Type C | 1,504 | 3 | |
| Type D | 1,495 | 3 | |
| Type B | 1,621 | 3 |
available in this project.
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| 1 bed apartment | 830,959 | 638 | 17 Feb 2026 |
| 2 bed apartment | 1,354,514 | 1,036 | 17 Feb 2026 |
| Studio apartment | 513,271 | 392 | 17 Feb 2026 |
| 3 bed apartment | 2,098,480 | 1,631 | 5 Aug 2025 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.
| Type | Rental Yield | Estimated rent (AED/year) |
|---|---|---|
| 1 bed apartment | 8 % | 52,465 |
| 2 bed apartment | 7 % | 77,839 |
| 3 bed apartment | 7 % | 119,096 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.