OBG "241 WATERSIDE" (Dubai Islands) — SKID Score 7.1/10

Key information

Delivery date: Mar 2028
Location: Dubai, Dubai Islands, OBG "241 WATERSIDE"
Payment plan: 10/20/70
Property types: Apartment
Government fee: 4% + AED 5,250 admin
Ownership type: Freehold
Starting price / sq.ft: AED 2,295 / sq.ft
Unit sizes: From 880 sq.ft
SKID score: 7.1 / 10 (Worth comparing)

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Payment plan

10%

Down payment

AED 202K

At sales launch

20%

During construction

AED 404K

Construction milestones

70%

On handover

AED 1.41M

Mar 2028

Published milestone schedule · Payment Plan

10% + 4% DLD + 5250 AED Admin Fees10% · AED 202K

10%10% · AED 202K

5%5% · AED 101K

70%70% · AED 1.41M

Project timeline

Project announcement
Regent Developments official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Mar 2028

About the project

Worth comparing.

The evidenced factors are mixed.

241 WATERSIDE is a residential development by Regent Developments, exclusively represented by One Broker Group, located on Dubai Islands. The project combines a resort-style island atmosphere with a refined architectural approach, creating a private waterfront living environment. The complex includes a ground floor, two podium levels, eight residential floors, and a rooftop with leisure areas. The project features duplex one-bedroom loft-style residences, two- and three-bedroom apartments, and one exclusive penthouse. Layouts focus on comfort and functionality: spacious living areas, panoramic windows, and private balconies provide abundant natural light and sea views. Interiors are finished in a calm natural palette with high-quality materials, integrated solutions, and premium sanitary fittings. The architecture is defined by clean lines, terraced forms, and landscaped balconies that create a light, harmonious silhouette along the coastline. Residents enjoy a curated selection of amenities, including a rooftop infinity pool, leisure terraces, a Technogym fitness center, yoga space, sauna and jacuzzi, walking track, landscaped courtyard, children’s play area, barbecue zones, and lounge spaces. The location provides easy access to key destinations: around 3 minutes to Dubai Islands Beach, 15 minutes to Dubai International Airport and DIFC, 20 minutes to Burj Khalifa and Dubai Mall, and about 30 minutes to Palm Jumeirah.

80 competing off-plan launches tracked in Dubai Islands — potential handover competition

SKID tracks 80 competing off-plan launches in Dubai Islands. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Amenities

Adults’ Pool
Arbour
BBQ
Cabanas
Covered Parking
Coworking Zone
Floating Deck with Sunbeds
Green Lawn (Dog Park)
Infinity Pool
Jogging Tracks
Kids’ Play Area
Landscaped Garden
Lavish Sundeck
Leisure Areas
Lift
Lobby
Lounge
Outdoor Yoga
Pool Deck
Pool Lounge
Private Jacuzzi
Recreational Areas
Resting Areas
Sauna
Security & CCTV
Shared Gym & Fitness Centre
Shared Jacuzzi
Shared Pool
Sitting Area
Smart Home
Social Zone
Sunken Seating
Temperature-Controlled Swimming Pool
Terrace Garden
Yoga Area
Zen Garden

Units

from developer

1 BR

Floor plan not published by source

880 sq.ft · AED 2,295 / sq.ft

From AED 2.02M

2 BR

Floor plan not published by source

Size on request

Price on request

3 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

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

7.1/ 10

Historical DLD Transaction Context

Asking price is 9.2% lower than comparable off-plan registrations (-AED 232/sq.ft.)

9.2% below comparable sales

The developer asks AED 2,020,000 (~AED 2,295/sq.ft. for a published 880 sq.ft. starting unit), while comparable off-plan residential registrations in Dubai Islands sold for a median of AED 2,527/sq.ft. (AED 2,224,518 for the same size).

1. Published Asking Price

AED 2,295 / sq.ft.

AED 2,020,000 starting price · 880 sq.ft.

2. Historical Nearby Closed Sales

AED 2,527 / sq.ft.

~AED 2,224,518 for the same size

3. Spread vs Historical Median

-AED 232 / sq.ft. (-9.2%)

-AED 204,518 vs historical median

Published Launch AskAED 2,295 / sq.ft.

Historical Nearby Closed Sales MedianAED 2,527 / sq.ft.

Historical transaction context: The asking rate is 9.2% (~AED 204,518) below recent comparable off-plan registrations in Dubai Islands. While a lower entry rate reduces your starting cost basis, it does not guarantee capital upside or an immediate financial advantage—final outcomes still depend on 4% registration fees, construction delivery, unit micro-location, and market demand at handover.

Get an available quotation

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

Down payment10%

AED 202K

At booking

During construction20%

AED 404K

Construction milestones

On handover70%

AED 1.41M

Handover 2028

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

80 competing off-plan launches tracked in Dubai Islands — potential handover competition

SKID tracks 80 competing off-plan launches in Dubai Islands. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover. (Potential Risk · Estimate — Potential Supply Risk)

Competing Supply (Potential Risk)

80 Launches

80 competing off-plan launches tracked in Dubai Islands — potential handover competition

SKID tracks 80 competing off-plan launches in Dubai Islands. 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 Regent Developments in catalog

Regent 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.

Pricing vs. Closed Sales

-9.2% vs. DLD

Asking price is 9.2% below comparable off-plan sales (-AED 232/sq.ft.)

Published asking rate (AED 2,295/sq.ft.) is below the AED 2,527/sq.ft. off-plan registration median in Dubai Islands, though off-plan units remain unbuilt and subject to construction and market risk.

Why this matters: The asking rate is 9.2% (~AED 204,518) below recent comparable off-plan registrations in Dubai Islands. While a lower entry rate reduces your starting cost basis, it does not guarantee capital upside or an immediate financial advantage—final outcomes still depend on 4% registration fees, construction delivery, unit micro-location, and market demand at handover.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

• 70% 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

Watch

• Waterfront or beach positioning
• Published starting price vs historical DLD closed sales median: 9.2% below historical DLD closed sales median per sq ft in this community
• Service charge published at 16

Risk

• Heavy competing supply: 80 other launches in Dubai Islands
• 88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

See all 8 scoring factorsWhy SKID gave it 7.1

Why SKID gave it 7.1

Location

Weight: 29.6%

7.9/ 10

Waterfront or beach positioning

Entry price

Weight: 22.2%

7.6/ 10

Published starting price vs historical DLD closed sales median: 9.2% below historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

3.6/ 10

Heavy competing supply: 80 other launches in Dubai Islands

Payment plan

Weight: 14.8%

9.0/ 10

70% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

8.6/ 10

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

Exit liquidity

Weight: 7.4%

4.5/ 10

88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

Service charges

Weight: 3.7%

7.1/ 10

Service charge published at 16

Factor	Weight	Score
Location Waterfront or beach positioning	29.6%	7.9/ 10
Entry price Published starting price vs historical DLD closed sales median: 9.2% below historical DLD closed sales median per sq ft in this community	22.2%	7.6/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Heavy competing supply: 80 other launches in Dubai Islands	14.8%	3.6/ 10
Payment plan 70% of the price is due at or after handover, keeping strong buyer leverage until completion	14.8%	9.0/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	7.4%	8.6/ 10
Exit liquidity 88 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)	7.4%	4.5/ 10
Service charges Service charge published at 16	3.7%	7.1/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Off-plan · Apartment	AED 2.83M	1,272	2,223
2026-07-07	Off-plan · Apartment	AED 2.66M	1,585	1,676
2026-07-07	Off-plan · Apartment	AED 4.26M	2,295	1,858
2026-07-07	Off-plan · Apartment	AED 3.23M	1,568	2,060
2026-07-06	Off-plan · Apartment	AED 4.15M	1,504	2,760
2026-07-06	Off-plan · Apartment	AED 4.35M	1,635	2,661
2026-07-06	Off-plan · Apartment	AED 3.37M	1,553	2,170
2026-07-06	Off-plan · Apartment	AED 3.4M	1,550	2,194
2026-07-06	Off-plan · Apartment	AED 2.45M	910	2,687
2026-07-06	Off-plan · Apartment	AED 3.31M	1,403	2,361
2026-07-06	Off-plan · Apartment	AED 5.79M	1,596	3,629
2026-07-06	Off-plan · Apartment	AED 2.94M	837	3,519
2026-07-06	Off-plan · Apartment	AED 4.42M	1,285	3,439
2026-07-06	Off-plan · Apartment	AED 3.57M	1,202	2,971
2026-07-06	Off-plan · Apartment	AED 4.02M	1,376	2,925
2026-07-06	Off-plan · Apartment	AED 3.71M	1,383	2,683
2026-07-06	Off-plan · Apartment	AED 2.29M	862	2,660
2026-07-03	Off-plan · Apartment	AED 2.23M	1,196	1,864
2026-07-03	Off-plan · Apartment	AED 4.1M	1,652	2,481
2026-07-03	Off-plan · Apartment	AED 2.96M	1,295	2,287
2026-07-03	Off-plan · Apartment	AED 2.4M	1,333	1,800
2026-07-02	Off-plan · Apartment	AED 3.35M	1,622	2,066
2026-07-02	Off-plan · Apartment	AED 3.71M	1,568	2,370
2026-07-02	Off-plan · Apartment	AED 2.42M	1,274	1,901

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

Location

Dubai, Dubai Islands, OBG "241 WATERSIDE"

Interactive map ready (1 verified location)

· Dubai Islands, Dubai

View project

Living in Dubai Islands

Historical DLD Median

AED 2,527 / sq.ft

Historical DLD Sample

1012 closed sales

Ownership

Freehold

Frequently asked questions

Is OBG "241 WATERSIDE" a good off-plan investment in Dubai Islands?

OBG "241 WATERSIDE" in Dubai Islands (Dubai) scores 7.1/10 (compare) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: payment plan. Weakest: supply. Historical DLD Closed Transactions: matched closed sales in Dubai Islands record a median of AED 2,527/sqft across 1012 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building OBG "241 WATERSIDE"?

Regent Developments is the developer named on this launch.

When is handover for OBG "241 WATERSIDE"?

The published handover is Mar 2028.

What is the starting price of OBG "241 WATERSIDE"?

The published starting price is AED 2.02M.

What does the SKID screen mean for OBG "241 WATERSIDE"?

The SKID screen for this launch in Dubai Islands is 88 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.