Palm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
Essenl1fe Residence Offices — commercial office space in JVT from Mitchell's Commercial Real Estate

Object 1 · JVT

Essenl1fe Residence Offices

PriceFrom AED 2,000 PSF
Payment plan60/40

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Sizes
01 – 3,243 sq ft
Handover
Q4 2027
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Property

Essenl1fe Residence by Object 1

Location: Jumeirah Village Triangle (JVT), Dubai

Essenl1fe is located in Jumeirah Village Triangle (JVT), a self-contained, family-oriented freehold community on the northern side of Dubai. Known for its parks, schools, and peaceful environment, JVT is highly regarded by both investors and residents.

The project sits at the strategic junction of Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), offering smooth connectivity across the city. Key destinations include Dubai Miracle Garden (9 mins), Palm Jumeirah (22 mins), The Walk JBR (20 mins), Mall of the Emirates (15 mins), and Dubai Hills Mall (17 mins). Leading schools such as Sunmarke (2 mins) and Arcadia (5 mins) are also nearby.

Project Overview

Essenl1fe Residence Offices form part of a prime mixed-use development by Object 1, set within a 343-unit residential tower designed to deliver a tranquil, resort-style lifestyle. The building configuration consists of B + G + 5P + 23F + R, with commercial office floors located on Podium Levels 1 and 2, separated from the residential zone via an independent lobby and entrance. The development caters to professionals and businesses seeking to operate within a peaceful, high-amenity environment, while benefiting from immediate residential catchment and strong infrastructure connectivity.

This lifestyle-driven project blends work, wellness, and family-oriented living, with access to high-end shared facilities including a lagoon-style pool, padel court, fitness and wellness zones, sky deck with infinity pool, and indoor social spaces such as a cinema, clubhouse, and party hall. The combination of high-end design, functional zoning, and location within the rapidly growing JVT district positions Essenlife as a compelling commercial address for SMEs, medical practices, legal offices, and consultancies

Key highlights include

  • Separate residential and commercial lobbies located on the ground floor
  • Access to resort-style amenities, including a gym, padel court, and sky deck

Building Configuration

  • Basement: Commercial and retail parking
  • Ground Floor: Residential and commercial lobbies
  • P1–P2: Office floors
  • P3–P5: Parking
  • Floors 1–23: Residential apartments, health club, and sky deck
  • Total Units in Tower: 343 residential + 4 available commercial office units

Office Space Overview

  • Available Units:

    • Office 01 – 3,243 sq. ft.
    • Office 02 – 2,483.55 sq. ft.
    • Office 04 – 2,111.35 sq. ft.
    • Office 05 – 2,923.97 sq. ft.
  • Starting Price: From AED 2,000 PSF

  • Location: Podium Levels 1 & 2

  • Payment Plan: 60/40

  • Completion Date: Q4 2027

Payment Plan

InstallmentDue DateAmount
Booking Deposit Within 14 days of reservation 5%
1st Installment October 2025 5%
2nd Installment January 2026 5%
3rd Installment August 2026 5%
4th Installment December 2026 5%
5th Installment April 2027 5%
6th Installment August 2027 5%
7th Installment (Handover) December 2027 40%

Other Fees: DLD Fee: 4% of property value Registration Fee: AED 5,050

Post-Handover Payment Plan

InstallmentsScheduleAmount
8th to 14th Installments Every 3 months (Apr 2028 – Oct 2029) 5% each (total 35%)

Post-Handover Term: 21 months after completion

Frequency: 5% every 3 months

Office Space Features

  • Flexible open-plan layouts for customized fit-outs
  • Exclusive access through dedicated commercial entrance
  • Positioned within a high-density, family-focused community
  • Ideal for consultancies, clinics, training centers, and SME offices
  • Direct connectivity to major highways and Dubai’s central districts

Project Amenities

  • Elegant commercial lobby with high-end finishes
  • Resort-style leisure deck with lagoon pool and sunken lounge
  • Rooftop sky deck with infinity pool and relaxation zone
  • Wellness-focused fitness area with CrossFit, sauna, and yoga space
  • Indoor and outdoor social lounges, cinema room, party hall
  • Padel court, table tennis zone, and outdoor play areas

Design & Finishes

  • Warm, inviting lobby interiors for commercial guests and clients
  • Exterior façade blends with natural surroundings and resort aesthetic
  • Functional core layouts to support modular design configurations
  • Shared access to high-end leisure amenities across podium and rooftop

Views

  • Offices overlook internal community landscaping and podium zones
  • Open-air corridors and glass frontage in select units
  • Set within a quiet low-rise district, promoting natural light and low noise exposure

Location

Strategically Positioned at the Heart of Jumeirah Village Triangle

Essenl1fe Residence Offices is situated in Jumeirah Village Triangle (JVT)—a well-established, low-rise freehold district designed for peaceful living and long-term community growth. Known for its greenery, schools, and self-sufficient infrastructure, JVT offers an ideal setting for businesses looking to serve both local residents and the wider city. The development sits at the intersection of Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), ensuring quick access to all major commercial, residential, and leisure zones in Dubai.

With a growing mid-income population and expanding retail ecosystem, JVT provides both demand and convenience. Essenl1fe is well positioned for professionals and SMEs seeking proximity to clients, talent, and supporting infrastructure—without the congestion of CBD areas.

Travel Times to Key Destinations

Attractions

  • Dubai Miracle Garden – 9 minutes
  • The Walk, JBR – 20 minutes
  • Palm Jumeirah – 22 minutes
  • Motiongate Dubai – 25 minutes
  • Legoland Dubai – 27 minutes

Retail & Malls

  • City Centre Me’aisem – 11 minutes
  • Circle Mall – 15 minutes
  • Mall of the Emirates – 15 minutes
  • Dubai Hills Mall – 17 minutes

Education

  • Sunmarke School – 2 minutes
  • Arcadia School – 5 minutes
  • JSS International School – 12 minutes
  • GEMS Founders School – 18 minutes

Hotels

  • Novotel JVT – 2 minutes
  • Mövenpick Hotel JVT – 2 minutes

Essenl1fe’s location not only offers excellent regional connectivity but also direct access to a high-demand, family-centric community. For businesses, it represents a rare opportunity to operate in a fast-growing residential district with long-term commercial upside.

Location

Essenl1fe Residence — JVT, Dubai

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Illustrative model

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Set your own assumptions and see how Essenl1fe Residence Offices behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

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Holding & income

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Acquisition costs

4% is the Dubai standard.

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Exit

1 to 40 years.

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Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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