Oak Yard

A group from Kyiv and Frankfurt makes its JVC debut with a tower handed over furnished

Oak Yard stacks a ground floor, three parking levels and 19 residential floors on a plot in Jumeirah Village Circle. The project is developed by One Yard, an entity backed by Futura EDGE, an investment group that claims 16 years in business with operations in Ukraine, Germany, the UK, Spain and Georgia. For this newcomer, Dubai is a market to win over. The product makes that clear: studios and one to three bedroom apartments sold fully furnished, a majority of one bedroom units, and a property manager already appointed. Completion is slated for the fourth quarter of 2026, on a freehold basis.

Futura EDGE, from Comfort Town to Jumeirah Village Circle

The brochure spends several pages on the group's track record before even getting to the building. It lists mass housing schemes in Kyiv such as Comfort Town with its 6,560 apartments and Svitlo Park with more than 7,500 units, plus a business center on Hanover Square in London and another one in Frankfurt. The group states it has completed more than 20 major projects and delivered 3 million sqm. Anton Viktorov, the general manager, puts the Dubai entry down to the clarity of local regulation and steady market growth. The main contractor is Vision Catalyst Construction, a builder founded in 2008 that lists FIVE Luxe JBR among its references. Buyers should keep in mind that One Yard has not yet handed over anything in the UAE, so the track record worth checking sits mostly in Eastern Europe.

Curves, natural wood and vertical gardens

On the facade, the developer talks about bio-architecture. Lines are rounded, terraces shift asymmetrically from one floor to the next, and columns are wrapped in greenery. Natural wood warms up the look, a departure from the glass and white facades that dominate JVC. Inside, the palette stays in natural tones, with raw textures and plants built into the decor. According to the brochure, every unit comes with a terrace, and the building tops out with a two story penthouse.

27 meter pool and a 200 sqm gym

Two amenities stand out. The first is a 27 meter pool, long enough for lap swimming, set within roughly 1,000 sqm of outdoor space that also includes a barbecue area, sun loungers and cabanas. The second is a 200 sqm gym with cardio, weights and group class zones, which One Yard markets as the largest in the neighborhood (a claim still to be verified). On top of that there's a coworking space with video call rooms and private booths, a yoga studio, a sauna, a kids' play room and private storage units. Every apartment also gets an air filtration system and connected home automation.

Handed over furnished, managed by McCone Living

Furniture comes from Italian and German makers, and kitchens are fitted with European appliances. The intent is obvious: target remote buyers who want to rent the unit out as soon as they get the keys, without dealing with furnishing. Rental management is handled by McCone Living, part of the McCone Properties agency. The brochure quotes 15% annual returns on short term rentals and 8% on 12 month leases, figures that should be weighed against the neighborhood average of around 7.7% cited in the same document. The heavy weighting toward one bedroom units confirms the target market: young expat professionals renting, and overseas investors buying.

Between Al Khail Road and Mohammed bin Zayed Road

The tower sits along two of Dubai's major roads, which matters in a neighborhood still built around car use. JSS International School, Erudio Early nursery and a Viva supermarket are all within walking distance. The Samer Park bus stop is 500 meters away, and Circle Mall with its Nesto hypermarket is about a 20 minute walk. By car, it's 27 minutes to Downtown Dubai, 30 to Al Maktoum Airport and 35 to Dubai International. The brochure mentions a future metro line serving JVC but admits no route or timeline has been announced yet. Best not to factor that into any resale value projections.