ESNAAD "The Spark"
ESNAAD Real Estate Development · MBR City · Dubai
SKID Score6.3 / 10
SKID Score
6.3 / 10
Proceed with caution
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: entry price. Weakest: delivery risk.
- Published price
- From AED 1.35M
- Payment plan
- —
- Handover
- Jan 2026
- Available units
- 1–2 beds · Freehold
- Gross yield
- 6.9%
- Fair value
- -6.8%
- Risk
- High
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 6.9%
- Fair value
- -6.8%
↑ 0.8 since last analysis
Last evaluated: 2026-10-21
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.3
| Factor | Weight | Score |
|---|---|---|
Location Located in MBR City | 26.7% | 6.0/ 10 |
Entry price Launch is -6.8% versus median DLD sale price per sq ft in this community | 20% | 7.6/ 10 |
Supply / competition Busy pipeline: 15 other launches in MBR City | 13.3% | 5.0/ 10 |
Appreciation potential Community closed-sale trend is +0.0% year on year | 13.3% | 6.3/ 10 |
Rental yield Implied gross yield is 6.9% against community rents | 10% | 7.6/ 10 |
Delivery risk The published handover date is already in the past | 6.7% | 3.8/ 10 |
Service charges Service charge published at 17 | 3.3% | 7.1/ 10 |
Exit liquidity 24 closed sales in the last year in this community | 6.7% | 5.8/ 10 |
Strong
—
Watch
- • Located in MBR City
- • Launch is -6.8% versus median DLD sale price per sq ft in this community
- • Community closed-sale trend is +0.0% year on year
- • Implied gross yield is 6.9% against community rents
- • Service charge published at 17
Risk
- • Busy pipeline: 15 other launches in MBR City
- • The published handover date is already in the past
- • 24 closed sales in the last year in this community
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
ESNAAD Real Estate Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 3.8 / 10. The published handover date is already in the past.
Community read for MBR City: location 6.0 / 10, supply 5.0 / 10. Located in MBR City Busy pipeline: 15 other launches in MBR City
Pricing agent: Launch is -6.8% versus median DLD sale price per sq ft in this community Service charge published at 17 24 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 6.9% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: entry price. Weakest: delivery risk.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
ESNAAD Real Estate Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 3.8 / 10. The published handover date is already in the past.
Community
Community read for MBR City: location 6.0 / 10, supply 5.0 / 10. Located in MBR City Busy pipeline: 15 other launches in MBR City
Pricing
Pricing agent: Launch is -6.8% versus median DLD sale price per sq ft in this community Service charge published at 17 24 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 6.9% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: entry price. Weakest: delivery risk.
Location
MBR City · MBR District 11 · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Off-plan · Apartment | AED 3.28M | 1,180 | 2,783 |
| 2026-07-07 | Off-plan · Apartment | AED 2.13M | 788 | 2,699 |
| 2026-07-07 | Off-plan · Apartment | AED 2.15M | 786 | 2,742 |
| 2026-07-07 | Off-plan · Apartment | AED 2.11M | 784 | 2,689 |
| 2026-07-07 | Ready · Apartment | AED 350K | 242 | 1,449 |
| 2026-07-07 | Ready · Apartment | AED 1.27M | 899 | 1,409 |
| 2026-07-07 | Ready · Apartment | AED 1.23M | 681 | 1,805 |
| 2026-07-07 | Off-plan · Apartment | AED 1.13M | 462 | 2,439 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
1–2 beds · Apartments
AED 1.35M – AED 2.52M
670 – 1,384 sq.ft
From AED 2.73M
1,510 sq.ft
From 670 sq ft / sq m as published
Service charge 17
Amenities
- Shared Pool
- Lobby
- Shared Gym & Fitness Centre
- Leisure Areas
- Lift
- Electric Vehicle Charger
- Shared Gym
- Dining outlets (coffee houses & restaurants)
- Sauna
- Coworking Zone
Compare
ESNAAD "The Spark"
From AED 1.35M · ★ 6.3 / 10
Questions about this launch
- Who is building ESNAAD "The Spark"?
- ESNAAD Real Estate Development is the developer named on this launch.
- When is handover for ESNAAD "The Spark"?
- The published handover is Jan 2026.
- What is the starting price of ESNAAD "The Spark"?
- The published starting price is AED 1.35M.
- What does the SKID screen mean for ESNAAD "The Spark"?
- The SKID screen for this launch in MBR City is 55 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.