Comprehensive assessment of developer's core competencies
Object 1 is a UAE-based real estate developer founded in 2010, part of the TSZ Group. In just a few years, it has launched over nine residential and mixed-use projects—including Ra1n, Ozone 1, V1ter, 1Wood, Essenl1fe, Aurelia, Verdan1A—across Jumeirah Village Circle, Triangle, Al Furjan, Dubai Land Residence Complex, and Sports City. In 2024 alone, Object 1 achieved a 913 % year-over-year increase in sales value and a 1,059 % jump in volume, selling over 860 units—a remarkable growth for a mid-tier developer.
Though privately held, Object 1 has demonstrated financial capacity through rapid project rollouts and impressive sales numbers (over AED 11.5 billion portfolio reported). It also maintains a wide brokerage network and has earned awards like “Emerging Urban Developer of the Year.” While no audited statements exist, its operational momentum indicates sound financial health.
Projects feature modern minimalistic architecture, high‑end finishes (imported tiles, fitted kitchens), and smart‑home integrations. Common amenities include rooftop pools, gyms, landscaped gardens, children’s play areas, BBQ lounges, cinemas, EV charging, and concierge services. The developer aims to combine functional design with lifestyle-oriented features across accessible price points.
The developer is properly licensed and registered with RERA. There are no public legal issues, regulatory penalties, or licensing concerns, suggesting full compliance with escrow accounts and regulatory approvals.
In online forums, feedback is cautiously optimistic. A Reddit user noted: “Object 1 is a Ukrainian based developer… Their projects are of great quality… first project Ra1N is delayed for 3–4 months… It is a decent developer to go with.” Another observation: “Their projects… look super promising!… DLD 4% waiver, up to 10% discount… payment plans… lifesaver” These comments indicate perceptions of quality and flexibility, tempered by typical off-plan caution.
Object 1 is viewed as a rising mid-tier developer with a creative, design-focused identity. Their artistic branding (“real estate as modern art”), combined with flexible payment plans and tech-forward positioning, has earned them early market attention. Industry awards and growth metrics further support a growing positive profile.
The developer emphasizes smart-home systems, energy-efficient materials, EV charging, and wellness amenities. New releases like Essenl1fe highlight smart locks, climate control, and community wellbeing, though independent sustainability certifications have yet to be published.