logo
ALTA V1EW by Object 1 brings elevated, design-led living with sky-high leisure to JVC's evolving skyline

ALTA V1EW by Object 1 brings elevated, design-led living with sky-high leisure to JVC's evolving skyline

Zawya4 days ago

Dubai, UAE – Object 1 has announced the launch of ALTA V1EW, a striking 54-storey residential tower set in District 10 of Jumeirah Village Circle (JVC). Designed to bring panoramic perspectives and serene elegance to everyday life, ALTA V1EW represents the next chapter in Object 1's commitment to lifestyle-focused, purpose-driven, and globally-minded real estate narrative. The development is scheduled for completion in Q4 2028 and includes a mix of studio, one-, and two-bedroom apartments, complemented by expansive terraces and sky-high amenities.
Set to be one of the tallest buildings in JVC, ALTA V1EW Skyhomes, rooted in the concept of "Life Above It All", ALTA V1EW Skyhomes is a reimagination of modern living, combining intentional design with a deep connection to light, nature, and space. With eco-conscious architecture integrated throughout, each residence is built to provide both comfort and quiet sophistication. Located in one of Dubai's most dynamic and family-centric communities, JVC continues to attract residents and investors alike, with apartment prices climbing by 12% in the last year alone.
The area's strong market performance underscores the ideal timing for ALTA V1EW's launch, aligning with growing buyer interest in well-connected communities offering long-term capital appreciation. Its affordability, strong rental demand, and proximity to key business districts make it especially appealing to young professionals. With quick access to major highways like Al Khail Road and Sheikh Mohammed Bin Zayed Road, as well as leading schools and nurseries, JVC stands out as one of Dubai's most active, family-friendly real estate hubs. Nearby landmarks such as Circle Mall, Palm Jumeirah, and City Centre Me'aisem further enhance its appeal.
'The market today is shaped by people who want more than square footage; they want meaning, connection, and seamless functionality,' said Tatiana Tonu, CEO of Object 1. 'ALTA V1EW is our answer to this new lifestyle mindset. It combines elevated design with grounded comfort, offering a truly distinctive skyline presence in JVC. With panoramic views, immersive nature-inspired elements, and a world-class suite of amenities, it's a sanctuary in the sky for those who seek beauty, privacy, and intentionality in how they live.'
Spanning 46 residential floors, ALTA V1EW has been designed to elevate every day with resort-style living. ALTA V1EW's interiors emphasize clarity and openness. In the residences, floor-to-ceiling windows invite natural light into every room, while ergonomic layouts offer a smooth flow between living, dining, and sleeping areas. High-quality finishes, contemporary kitchens, and stylish bathrooms elevate the everyday, making each space feel luxurious yet practical. Every detail, from spacious terraces to smart systems, is crafted to offer privacy, serenity, and timeless elegance.
Residents will enjoy access to a comprehensive range of indoor and outdoor amenities. These include a Lagoon-style pool, water slide, Aqua & Sand oasis, kids' pool, outdoor and indoor play areas, a gym, clubhouse, BBQ area, tennis courts, table tennis zone, outdoor CrossFit setup, and lush landscaped gardens. For everyday convenience, the development will also feature retail outlets on the ground level, offering easy access to essential goods and services.
Sky Deck amenities bring the experience full circle, featuring a Sky Leisure Deck, Sky Infinity Pool, and sunken lounge zones for relaxation. One of the development's standout features is the Sky Infinity Terrace, a viewing deck perched on the upper levels of the tower. This space offers a sweeping sight of Dubai's skyline and surrounding greenery, creating a tranquil escape above the city.
Dubai's off-plan market continues to gain momentum, contributing 63% of all property transactions in 2024, reaching AED 254.46 billion. Developments like ALTA V1EW are ideally positioned to tap into this demand, offering long-term growth potential for investors seeking to enter the market at an early stage.
With its elevated lifestyle offering, strategic location, and smart design, ALTA V1EW is an aspirational choice for end-users and investors alike. As Dubai's residential sector continues to grow, Object 1 remains focused on shaping homes that match the evolving aspirations of modern city dwellers.
About Object 1
Object 1 is a real estate developer and part of the international TSZ Group, specializing in elegant, sustainable, and innovative developments. Object 1 has quickly established itself as a top-tier developer, delivering high-quality projects in key areas. With a focus on modern urban living and investor-friendly services, Object 1 continues to shape the region's skyline with cutting-edge design and functionality.
For more information, visit www.object-1.com.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Thawani Pay and Ominvest unveil ‘Ominvest Plus' for enhanced employee lifestyle benefits
Thawani Pay and Ominvest unveil ‘Ominvest Plus' for enhanced employee lifestyle benefits

Zawya

time14 minutes ago

  • Zawya

Thawani Pay and Ominvest unveil ‘Ominvest Plus' for enhanced employee lifestyle benefits

Muscat: In alignment with its strategic vision to invest in the well-being of its human capital and foster meaningful private-sector partnerships, Thawani Pay has signed a strategic agreement with Oman International Development & Investment Company (Ominvest) to launch the "Ominvest Plus" initiative - an exclusive discount and offers platform tailored for Ominvest employees and their families. The agreement was signed by Majid Al Amri, Founder and CEO of Thawani Pay, and Abdulaziz Al Balushi, Group CEO of Ominvest, marking a significant step forward in employee-focused benefits under Thawani's 'Sama' corporate offers platform. The 'Ominvest Plus' platform unlocks a curated selection of offers across diverse lifestyle categories, including restaurants, hotels, wellness services, and automotive care. Designed to provide exceptional convenience, the card enables users to redeem unlimited offers through the Thawani app, with the flexibility to complete transactions via the app or through other preferred payment methods. The platform will be available exclusively to Ominvest employees and their families, ensuring a seamless and rewarding experience integrated into their everyday lives. In this context, Majid Al Amri, CEO of Thawani Pay said: 'At Thawani, our mission is to lead the fintech sector by delivering smart, simple, and secure payment services today's launch of the 'Ominvest Plus' exemplifies this commitment. By bringing exclusive lifestyle benefits directly to Ominvest employees and their families through our Sama platform, we're not only enhancing convenience but also redefining how fintech innovations can uplift human capital. This partnership underscores our belief that when technology, purpose, and care come together, we create ecosystems that drive real impact.' Commenting on the partnership, AbdulAziz Al Balushi, Group CEO of Ominvest said: 'At Ominvest, we continuously seek opportunities to create synergies across our diverse group companies and leverage cutting-edge technology to enhance value. 'Ominvest Plus' is a prime example of how we integrate innovation into our strategy to benefit our most valuable asset—our people. This collaboration with Thawani not only introduces tangible lifestyle benefits for our employees and their families but also reinforces our commitment to a tech-driven future and fostering a connected ecosystem within the Ominvest group. This collaboration with Thawani Pay aligns perfectly with our vision of building a future-ready enterprise.' Waleed Al Yarubi, Chief People, Corporate Communication and Sustainability Officer, added: 'This initiative is a testament to Ominvest's unwavering commitment to cultivating a thriving, people-first culture. This initiative is strategically aligned with our broader goals of sustainability and ESG, demonstrating our commitment to the well-being and growth of our human capital. By empowering our employees with smart, lifestyle-enhancing solutions, we are not only increasing engagement and retention but also building a more resilient and impactful organization from within.' This initiative underscores Thawani Pay's forward-looking approach to innovation and its role as a catalyst for transforming workplace experiences across the private sector. By aligning with institutions such as Ominvest, Thawani is helping shape dynamic and progressive work environments that prioritize employee well-being. Through thoughtful, tech-driven collaborations, the company continues to redefine how organizations can uplift their teams by offering smart benefits that are both practical and inspiring. As Thawani Pay continues to expand its corporate solutions and deepen its engagement with key stakeholders, it remains steadfast in its mission to build value-driven ecosystems where innovation and human impact go hand in hand. The launch of 'Ominvest Plus' stands as a testament to this vision by delivering meaningful benefits through collaboration, technology, and purpose.

Mobily recognized among the world's top 5 telecom operators
Mobily recognized among the world's top 5 telecom operators

Zawya

time14 minutes ago

  • Zawya

Mobily recognized among the world's top 5 telecom operators

Mobily continues to drive strong value creation, positioning itself as a key player in the global telecom landscape. Deployment of AI positioned as an essential driver for operational excellence and competitive differentiation. BCG analysis serves as a guiding framework for telecom leaders aiming to navigate the complexities of an evolving digital ecosystem and capitalize on emerging opportunities for sustainable growth and industry leadership. Riyadh — Saudi Arabia's Mobily has entered the ranks of the world's top 5 telecom operator value creators, according to the Boston Consulting Group's (BCG) 2025 Telco Value Creators Report. The milestone is attributed to $7 billion in value creation from 2020 to 2024, representing a successful transformation driven by digital innovation and strategic positioning. The BCG report, titled "Returns May Be Declining, but Opportunity Is Calling," advocates for transformative growth in the telecommunications sector, despite prevailing industry challenges. According to the analysis, Mobily ranks 4th based on its five-year Total Shareholder Return (TSR) from 2020 to 2024, which stands at 19%. This achievement signifies a market capitalization of $11 billion. The competitive edge for six of the top ten telecom performers from emerging markets stems from regulatory conditions and investment approaches that successfully yield a Return on Invested Capital (ROIC) outpacing the Weighted Average Cost of Capital (WACC) by 60 basis points. Kaustubh Wagle, Managing Director & Partner, BCG said: "Developments in network structures and the introduction of innovative products, driven by the adoption of AI, have paved the way for significant value generation for telecommunications companies such as Mobily. These technological advancements harness AI's capabilities to significantly enhance the telecom sector, marking a pivotal moment for operators globally to re-evaluate their conventional approaches, considering the prospects that lie ahead towards the 2025 outlook. The research shows that by adopting progressive strategies, leading telecom firms illustrate a practical plan for substantial value growth, providing a model for others to follow in achieving success within the current market environment." The report underscores the critical necessity for telecom operators to enhance value generation through a multifaceted approach: optimizing physical and network assets, adopting new cost-efficient network architectures, and innovating with next-generation products and marketing strategies. How GCC Telcos Are Leading the Shift AI and digital services are emerging as pivotal elements in the transformation toward smarter, more efficient enterprises. Investments by operators in automation, customer intelligence, and tailored AI solutions for enterprises underscore this pivotal shift. This is further propelled by strategic alliances with both hyperscale cloud providers and local startups, driving scalable, bespoke enterprise AI solutions. In parallel, sovereign cloud and data security initiatives are important within the GCC region. Operators are forging partnerships with global technology corporations to establish compliant, local cloud infrastructures, reinforcing data residency and sovereignty—critical components for adherence to compliance standards and the monetization of AI and analytics in regulated industries. "For telecom companies, it's crucial to act quickly and with insight, utilizing AI as a key enhancer of innovation, operational effectiveness, and customer interaction. Mobily's success underscores the value of adopting a forward-thinking and innovation-led investment strategy, highlighting the significance of transformative mergers and acquisitions as well as the adoption of cutting-edge marketing strategies,' added David Panhans, Managing Director and Senior Partner at BCG The deployment of next-generation networks, such as 5G and Open RAN, are geared toward achieving operational efficiencies and incubating new revenue streams, including low-latency services integral to smart city and IoT frameworks. Efforts in edge computing and low-earth-orbit satellite partnerships aim to extend connectivity, granting telcos the opportunity to exploit untapped markets. Regarding monetization, the focus on enterprise modernization, the bundling of AI-driven services, and an infrastructure aligned with AI optimization are key components for maximizing the returns from investment in next-generation technologies. Further investments in next-gen network infrastructures align with the GCC's ambition to advance smart cities and assert digital leadership. The Path Forward: A New Model for Value Creation Telecommunications operators could benefit from a proactive approach to optimizing their strategic assets. This involves the monetization of infrastructural assets and the simplification of business models. By exploring shared-models and cloud-based solutions for non-core assets like fixed-line networks and data centers, telecommunications operators can enhance efficiency. Additionally, mergers and acquisitions are pivotal in solidifying market presence and achieving operational synergies, driving industry consolidation towards increased profitability and market leadership. Cost and Capital Expenditure (CapEx) optimization remains at the heart of this transformative agenda, with AI and automation serving as principal levers. AI enables significant CapEx efficiency through infrastructural innovations such as Open RAN, which mitigates vendor lock-in and lowers associated expenditures while additional network-sharing arrangements can generate substantial annual cost savings. As 5G deployments mature, redirecting cash flows from these efficiencies to facilitate growth or shareholder dividends underscores a disciplined CapEx strategy. The development of next-generation network architecture takes center stage, featuring cloud-native systems, Open RAN, and edge computing. These technologies are essential to reducing costs, fostering technological flexibility, and enabling advanced applications for smart cities and the Internet of Things. In concert with this architectural evolution, sales and marketing strategies are undergoing a transformative shift towards AI-empowered personalization, enhancing interactions across both B2C and B2B domains. The blend of automated and human-driven sales interactions represents a hybrid model where AI-addressable inquiries streamline customer service, reserving high-value interactions for expert human engagement. AI is playing a dual role, reducing operational costs and accelerating growth, enabling personalized consumer offerings and sector-specific B2B tools. The telcos poised for superior performance are those merging these strategies: modernizing network and operational infrastructure, refining asset portfolios to concentrate on areas with the highest potential, and innovating customer engagement through data-driven insights. As per BCG's report, embracing cloud-native technologies, facilitating edge computing for IoT applications, and executing on network-sharing agreements, have clear-cut implications for the evolution of the telecom sector's operational and competitive dynamics. About Boston Consulting Group Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation—inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact. To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

SICO Capital announces strategic voluntary transition in management of SICO Saudi REIT
SICO Capital announces strategic voluntary transition in management of SICO Saudi REIT

Zawya

time14 minutes ago

  • Zawya

SICO Capital announces strategic voluntary transition in management of SICO Saudi REIT

SICO Capital, the fund manager of SICO Saudi REIT , announced today that unitholders of SICO Saudi REIT have approved its decision to voluntarily withdraw from managing the fund and voted to appoint Wasatah Capital as its successor, subject to final approval from the Saudi Capital Market Authority. The resolution was passed during a meeting of the REIT's unitholders which was held virtually on 26 June 2025 via Tadawulaty. This decision to transition out of the Fund's management came after a thorough internal strategic review process at SICO Capital, which also appointed its new CEO last month. Management views the move as a strategic step in the best interest of unitholders and the long-term sustainable growth of the fund. Wissam Haddad, CEO of SICO Capital, said, 'This transition represents a new chapter for the REIT and reflects SICO Capital's ongoing commitment to unitholders. We received significant interest from several fund managers, these requests were handled with full transparency and objectivity, underscoring our commitment to ensuring a smooth and well-governed transition that safeguards unitholder's interest and supports price stability. We are confident that this step will support the long-term sustainability of the fund's success, in compliance with the Capital Market Law, its implementing regulations, and other relevant laws and regulations.' -Ends- About SICO Capital SICO Capital is a full-service financial services firm that offers a comprehensive range of services and products to individual, institutional and corporate clients. SICO Capital has a paid-up capital of SAR 60.0 million and is incorporated as a closed joint stock company (CJSC) in Riyadh, Kingdom of Saudi Arabia (KSA) under Commercial Registration No. (1010259328). SICO Capital is licensed by the Capital Market Authority (CMA) under Authorization No. (08096-37) and commenced operations on 20/06/2009G (previously under Muscat Capital). Our comprehensive licenses allow us to offer the full spectrum of capital market activities such as Arranging, Advising, Custody, Dealing, Managing Investments and Operating Fund. SICO Capital manages SAR 7 billion in AUMs (as of March 31, 2024G) across mutual funds and discretionary portfolios, we aim to service our clients to achieve their investment objectives through our research driven investment process, insightful financial advisory while operating in a client-centric, high-performance culture. SICO Capital is 100% owned by SICO BSC (c), Bahrain, SICO is a leading regional asset manager, broker, and investment bank with more than USD 7 bn in assets under management (AUM). Media Contact: Ms. Nadeen Oweis Head of Corporate Communications, SICO Email: noweis@

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store