MIRA DEVELOPMENTS "John Richmond District" (Al Furjan) — SKID Score 6.7/10

Key information

Delivery date: Jun 2029
Location: Dubai, Al Furjan, MIRA DEVELOPMENTS "John Richmond District"
Payment plan: 10/35/5/50 (post-handover)
Property types: Apartment
Government fee: 4%
Ownership type: Freehold
Starting price / sq.ft: AED 2,368 / sq.ft
Unit sizes: From 420 sq.ft
SKID score: 6.7 / 10 (Worth comparing)

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Payment plan

10%

Down payment

AED 99K

At sales launch

35%

During construction

AED 348K

Construction milestones

5%

On handover

AED 50K

Jun 2029

50%

Post-handover

AED 497K

Over 39 months

Published milestone schedule · Payment Plan (post handover 3 years)

10% + 4% DLD10% · AED 99K

10%10% · AED 99K

5%5% · AED 50K

40% (4% every 3 months)40% · AED 398K

Project timeline

Project announcement
Mira Developments official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Jun 2029

About the project

Worth comparing.

The evidenced factors are mixed.

John Richmond District — luxury residential complex by Mira Developments in Al Furjan, Dubai. The project unites five residential towers and a business hub, connected via a shared podium, with retail, wellness and leisure zones. The architectural concept reflects the iconic John Richmond brand aesthetic, blending boldness with luxury. Building facades feature contemporary mashrabiya screens, providing enhanced privacy and coolness without compromising natural light, while creating a dynamic architectural presence. All apartments include full finishing and John Richmond furnishings. Buyers can choose from layout options: studios and one- and two-bedroom apartments. Residents enjoy an extensive range of amenities, including concierge, valet, housekeeping and room service. The podium hosts three resort-style pools, a decorative waterfall, elegant water features, a modern fitness center and an outdoor training area. For active leisure, playgrounds and a yoga zone are provided. The site also features cafes, restaurants and retail outlets. Thanks to its prime location, residents have swift access to Dubai's key attractions. Discovery Gardens Metro Station is just one minute away. To Bluewaters Island — 8 minutes, to Palm Jumeirah — 10 minutes, to Downtown Dubai — 18 minutes. Al-Maktoum International Airport is located 20 minutes' drive from the complex.

Asking price is 73.6% above nearby closed sales (+AED 1,004/sq.ft.)

The developer asks AED 2,368/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 421,620 higher for the same area).

Amenities

Accessibility for people with disabilities
Concierge Service
Dining outlets (coffee houses & restaurants)
Fountain
Housekeeping Services
Lift
Lobby
Lounge
Multipurpose Sports Courts
Pool Deck
Recreational Areas
Retail Outlets
Shared Gym & Fitness Centre
Shared Pool
Table Tennis
Valet Parking
Waterfall
Yoga Area

Units

from developer

Studio

Floor plan not published by source

420 sq.ft · AED 2,368 / sq.ft

From AED 995K

1 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

6/8 factors backed by verified evidence (64% weight coverage) · skid-geo-v3.0-8factor

6.7/ 10

Historical DLD Transaction Context

Asking price is 73.6% higher than nearby completed homes (+AED 1,004/sq.ft.)

73.6% above comparable sales

The developer asks AED 994,500 (~AED 2,368/sq.ft. for a published 420 sq.ft. starting unit), while comparable residential homes in Al Furjan sold for a median of AED 1,364/sq.ft. (AED 572,880 for the same size).

1. Published Asking Price

AED 2,368 / sq.ft.

AED 994,500 starting price · 420 sq.ft.

2. Historical Nearby Closed Sales

AED 1,364 / sq.ft.

~AED 572,880 for the same size

3. Spread vs Historical Median

+AED 1,004 / sq.ft. (+73.6%)

+AED 421,620 vs historical median

Published Launch AskAED 2,368 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,364 / sq.ft.

Historical transaction context: The asking rate is 73.6% (~AED 421,620 on a 420 sq.ft. unit) above recent nearby completed homes in Al Furjan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 73.6% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 99K

At booking

During construction35%

AED 348K

Construction milestones

On handover5%

AED 50K

Handover 2029

Post-handover50%

AED 497K

Over 39 months

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 73.6% above nearby closed sales (+AED 1,004/sq.ft.)

The developer asks AED 2,368/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 421,620 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+73.6% (+AED 1,004/sq.ft.)

Asking price is 73.6% above nearby closed sales (+AED 1,004/sq.ft.)

The developer asks AED 2,368/sq.ft., whereas comparable homes in Al Furjan sold for a median of AED 1,364/sq.ft. (~AED 421,620 higher for the same area).

Why this matters: The asking rate is 73.6% (~AED 421,620 on a 420 sq.ft. unit) above recent nearby completed homes in Al Furjan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 73.6% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Competing Supply (Potential Risk)

18 Launches

18 competing off-plan launches tracked in Al Furjan — potential handover competition

SKID tracks 18 competing off-plan launches in Al Furjan. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for Mira Developments in catalog

Mira Developments is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 6/8 factors (63.6%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

• 55% of the price is due at or after handover, keeping strong buyer leverage until completion
• Handover sits in a typical 1–3 year off-plan window
• 518 closed sales in the last year in this community

Watch

• Amenities mention park

Risk

• Heavy competing supply: 18 other launches in Al Furjan
• Service charge published at 20

See all 8 scoring factorsWhy SKID gave it 6.7

Why SKID gave it 6.7

Location

Weight: 38.1%

6.5/ 10

Amenities mention park

Entry price

Weight: 18.2%

Insufficient evidence (N/A)

Published starting price vs historical DLD closed sales median is +73.7% (excluded: > 50% above historical ready stock)

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 19%

3.6/ 10

Heavy competing supply: 18 other launches in Al Furjan

Payment plan

Weight: 19%

8.4/ 10

55% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 9.5%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 9.5%

8.6/ 10

518 closed sales in the last year in this community

Service charges

Weight: 4.8%

5.5/ 10

Service charge published at 20

Factor	Weight	Score
Location Amenities mention park	38.1%	6.5/ 10
Entry price Published starting price vs historical DLD closed sales median is +73.7% (excluded: > 50% above historical ready stock)	18.2%	Insufficient evidence (N/A)
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Heavy competing supply: 18 other launches in Al Furjan	19%	3.6/ 10
Payment plan 55% of the price is due at or after handover, keeping strong buyer leverage until completion	19%	8.4/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	9.5%	8.6/ 10
Exit liquidity 518 closed sales in the last year in this community	9.5%	8.6/ 10
Service charges Service charge published at 20	4.8%	5.5/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Ready · Apartment	AED 709K	428	1,657
2026-07-07	Off-plan · Apartment	AED 1.85M	1,239	1,493
2026-07-07	Off-plan · Apartment	AED 1.72M	1,090	1,581
2026-07-07	Ready · Apartment	AED 945K	681	1,387
2026-07-07	Off-plan · Apartment	AED 1.61M	907	1,780
2026-07-07	Off-plan · Apartment	AED 641K	359	1,784
2026-07-07	Off-plan · Apartment	AED 1.27M	837	1,512
2026-07-06	Ready · Apartment	AED 661K	769	859
2026-07-06	Off-plan · Apartment	AED 1.55M	1,084	1,431
2026-07-06	Ready · Apartment	AED 545K	407	1,338
2026-07-03	Off-plan · Apartment	AED 1.55M	1,084	1,430
2026-07-03	Off-plan · Apartment	AED 1.55M	1,446	1,069
2026-07-03	Off-plan · Apartment	AED 1.72M	1,446	1,191
2026-07-03	Off-plan · Apartment	AED 1.01M	819	1,236
2026-07-03	Off-plan · Apartment	AED 1.52M	1,446	1,051
2026-07-03	Off-plan · Apartment	AED 834K	594	1,404
2026-07-03	Off-plan · Apartment	AED 1.03M	907	1,141
2026-07-02	Off-plan · Apartment	AED 1.66M	1,396	1,189
2026-07-02	Ready · Apartment	AED 2.1M	1,664	1,262
2026-07-02	Off-plan · Apartment	AED 1.9M	1,497	1,269
2026-07-02	Ready · Apartment	AED 1.83M	1,531	1,192
2026-07-01	Ready · Apartment	AED 1.51M	1,460	1,035
2026-07-01	Ready · Apartment	AED 1.13M	985	1,142
2026-07-01	Ready · Apartment	AED 1.1M	985	1,117

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Al Furjan, MIRA DEVELOPMENTS "John Richmond District"

Interactive map ready (1 verified location)

· Al Furjan, Dubai

View project

Living in Al Furjan

Historical DLD Median

AED 1,364 / sq.ft

Historical DLD Sample

499 closed sales

Ownership

Freehold

Frequently asked questions

Is MIRA DEVELOPMENTS "John Richmond District" a good off-plan investment in Al Furjan?

MIRA DEVELOPMENTS "John Richmond District" in Al Furjan (Dubai) scores 6.7/10 (compare) on the independent SKID 8-factor off-plan model across 64% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: delivery risk. Weakest: supply. Historical DLD Closed Transactions: matched closed sales in Al Furjan record a median of AED 1,364/sqft across 499 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building MIRA DEVELOPMENTS "John Richmond District"?

Mira Developments is the developer named on this launch.

When is handover for MIRA DEVELOPMENTS "John Richmond District"?

The published handover is Jun 2029.

What is the starting price of MIRA DEVELOPMENTS "John Richmond District"?

The published starting price is AED 995K.

What does the SKID screen mean for MIRA DEVELOPMENTS "John Richmond District"?

The SKID screen for this launch in Al Furjan is 82 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.