GRID "Elmora"
Neoterra Real Estate Development · Jumeirah Garden City · Dubai
SKID Score5.8 / 10
SKID Score
5.8 / 10
Proceed with caution
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: entry price.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 1.15M
- Payment plan
- Down payment 20%.
- Handover
- Feb 2028
- Available units
- 1–2 beds · Freehold
- Gross yield
- 2.8%
- Fair value
- +31.2%
- Risk
- Medium
- At handover
- 80% at or after handover
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 2.8%
- Fair value
- +31.2%
↓ 1.3 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 5.8
| Factor | Weight | Score |
|---|---|---|
Location Waterfront or beach positioning | 26.7% | 7.9/ 10 |
Entry price Launch is +31.2% versus median DLD sale price per sq ft in this community | 20% | 3.2/ 10 |
Supply / competition Heavy competing supply: 16 other launches in Jumeirah Garden City | 13.3% | 3.6/ 10 |
Appreciation potential Community closed-sale trend is +0.0% year on year | 13.3% | 6.3/ 10 |
Rental yield Implied gross yield is 2.8% against community rents | 10% | 3.8/ 10 |
Delivery risk Handover sits in a typical 1–3 year off-plan window | 6.7% | 8.6/ 10 |
Service charges Service charge published at 18 | 3.3% | 7.1/ 10 |
Exit liquidity 382 closed sales in the last year in this community | 6.7% | 8.6/ 10 |
Strong
- • Handover sits in a typical 1–3 year off-plan window
- • 382 closed sales in the last year in this community
Watch
- • Waterfront or beach positioning
- • Community closed-sale trend is +0.0% year on year
- • Service charge published at 18
Risk
- • Launch is +31.2% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 16 other launches in Jumeirah Garden City
- • Implied gross yield is 2.8% against community rents
🤖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.
Neoterra 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 8.6 / 10. Handover sits in a typical 1–3 year off-plan window.
Community read for Jumeirah Garden City: location 7.9 / 10, supply 3.6 / 10. Waterfront or beach positioning Amenities mention park Heavy competing supply: 16 other launches in Jumeirah Garden City
Pricing agent: Launch is +31.2% versus median DLD sale price per sq ft in this community Service charge published at 18 382 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 2.8% 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: delivery risk. Weakest: entry price.
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
Neoterra 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 8.6 / 10. Handover sits in a typical 1–3 year off-plan window.
Community
Community read for Jumeirah Garden City: location 7.9 / 10, supply 3.6 / 10. Waterfront or beach positioning Amenities mention park Heavy competing supply: 16 other launches in Jumeirah Garden City
Pricing
Pricing agent: Launch is +31.2% versus median DLD sale price per sq ft in this community Service charge published at 18 382 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 2.8% 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: delivery risk. Weakest: entry price.
Payment plan
Payment Plan 80% is due at or after handover. Down payment 20%.
Location
Jumeirah Garden City · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-06 | Off-plan · Apartment | AED 1.34M | 480 | 2,795 |
| 2026-07-06 | Off-plan · Apartment | AED 850K | 333 | 2,553 |
| 2026-07-06 | Off-plan · Apartment | AED 1.54M | 751 | 2,046 |
| 2026-07-06 | Off-plan · Apartment | AED 1.24M | 494 | 2,510 |
| 2026-07-06 | Off-plan · Apartment | AED 1.05M | 435 | 2,420 |
| 2026-07-06 | Off-plan · Apartment | AED 1.87M | 717 | 2,613 |
| 2026-07-03 | Off-plan · Apartment | AED 894K | 435 | 2,056 |
| 2026-07-03 | Off-plan · Apartment | AED 1.65M | 644 | 2,565 |
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 1.15M – AED 2.02M
393 – 872 sq.ft
From AED 2.18M
957 sq.ft
From 393 sq ft / sq m as published
Service charge 18
Amenities
- Security & CCTV
- Concierge Service
- Lobby
- Shared Gym & Fitness Centre
- Leisure Areas
- Infinity Pool
- Recreational Areas
- Landscaped Garden
- Jogging Tracks
- Lift
- Smart Home
- Parking
- Pool Deck
- Sitting Area
- Lounge
- Housekeeping Services
- Shared Jacuzzi
- Coworking Zone
- Walking Paths
- Social Zone
- Resting Areas
- Laundry
- Central A/C
- Sauna
Compare
GRID "Elmora"
From AED 1.15M · ★ 5.8 / 10
Questions about this launch
- Who is building GRID "Elmora"?
- Neoterra Real Estate Development is the developer named on this launch.
- When is handover for GRID "Elmora"?
- The published handover is Feb 2028.
- What is the starting price of GRID "Elmora"?
- The published starting price is AED 1.15M.
- What does the SKID screen mean for GRID "Elmora"?
- The SKID screen for this launch in Jumeirah Garden City is 92 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.