Object 1 vs Sobha Realty
At the median, Sobha Realty asks AED 2,775 per sqft against AED 1,772 across Object 1 stock, 57% dearer per sqft. Half of the Sobha Realty inventory we hold a price for sits between AED 2,450 and AED 2,919 per sqft, against AED 1,528 to AED 1,892 for Object 1.
Sobha Realty runs the larger book: 97 tracked off-plan projects and 6,022 priced units, against 58 projects and 1,122 priced units for Object 1.
Payment terms sit level: the median plan on both sides asks 60% before keys, from 82 published plans for Object 1 and 99 for Sobha Realty.
Price per sqft, and the band around it
Dot is the median AED per sqft, bar is p25 to p75. Figures after each name are the median AED per sqft and the priced units.
- Sobha Realty2,775 6,022
- Object 11,772 1,122
Dot is the median asking price per sqft, bar is the middle half of the priced inventory. Bases are 1,122 priced units in Object 1 and 6,022 in Sobha Realty.
Side by side
| Metric | Object 1 | Sobha Realty |
|---|---|---|
| Off-plan projects tracked | 58 | 97 |
| Priced units | 1,122 | 6,022 |
| Median AED per sqft | 1,772 | 2,775 |
| AED per sqft, p25 to p75 | 1,528 to 1,892 | 2,450 to 2,919 |
| Median asking price | AED 1.37M | AED 2.19M |
| Lowest starting price | AED 537K | AED 800K |
| Median paid before handover | 60% | 60% |
| Plans with a post-handover tail | 21% | 2% |
| Plans asking 60% or more before keys | 80% | 87% |
| Peak handover year | 2027 (31 projects) | 2029 (32 projects) |
| Communities built in | 11 | 25 |
Every figure is computed by OffplanIndex over developer-published unit inventories and payment plans. A row neither side can answer is left out rather than filled in. Comparing two developers compares their current off-plan books, not their build quality or their delivery record. Not investment advice.
Price
Object 1 is the cheaper book per sqft, at AED 1,772 against AED 2,775 for Sobha Realty, so Sobha Realty is 57% dearer per sqft. On the typical unit that reads as AED 1.37M for a median 771 sqft home from Object 1, against AED 2.19M for a median 802 sqft home from Sobha Realty. Part of that gap is product, not premium: the two are not selling the same mix of unit.
Object 1 sells mostly 1 BR units, 678 priced records at a median AED 1,787 per sqft and AED 1.37M a unit. Sobha Realty leans to 1 BR units, 2,732 records at AED 2,895 per sqft and AED 2.05M a unit.
Entry pricing: the lowest published starting price is AED 537K from Object 1 and AED 800K from Sobha Realty.
Terms
Across 82 published plans from Object 1, the median asks 60% before handover, with 21% carrying instalments that run past the keys. Sobha Realty publishes 99 plans, a median of 60% before handover and 2% with a post-handover tail.
The heavy end matters more than the median when the plan is the reason to buy. 80% of Object 1 plans want 60% or more before keys, against 87% of Sobha Realty plans. At the light end, 15% of Object 1 plans and 13% of Sobha Realty plans ask 50% or less.
Where and when
Object 1 builds in Dubai, Abu Dhabi, across 11 communities, most of it in Jumeirah Village Circle, Jumeirah Village Triangle, Dubai Land Residence Complex. Sobha Realty builds in Dubai, Umm Al Quwain, Abu Dhabi, across 25 communities, concentrated in Umm Al Quwain Marina, Bukadra, Mohammed Bin Rashid City.
Object 1 peaks in 2027, when 31 of its 58 tracked projects are scheduled to hand over. Sobha Realty peaks in 2029 with 32 of 97. Published handover dates move, so read them as developer intent rather than a delivered date.
21% of the Object 1 projects tracked are listed as sold out or out of stock, against 25% for Sobha Realty. That is the share of each book no longer taking new bookings at listed prices, which reads as demand on the way in and as scarcity on the way out.
Go deeper
More comparisons
The full report: every community, every developer, ranked.
Object 1 and Sobha Realty in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
Source: OffplanIndex derived analytics, built 2026-09-02 from developer-published project facts and unit inventories aggregated from public portals (latest observation 2026-07-30). All statistics are computed by OffplanIndex; no third-party database is reproduced. See the methodology and data policy. Not investment advice.