OBG "THE LX"
Mulk Properties · Arjan · Dubai
SKID Score5.9 / 10
SKID Score
5.9 / 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 2.8M
- Payment plan
- —
- Handover
- Sep 2027
- Available units
- Freehold
- Gross yield
- 4.4%
- Fair value
- -21.9%
- Risk
- Medium
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 4.4%
- Fair value
- -21.9%
Last evaluated: 2026-10-08
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 5.9
| Factor | Weight | Score |
|---|---|---|
Location Amenities mention park | 26.7% | 6.5/ 10 |
Entry price Launch is -21.9% versus median DLD sale price per sq ft in this community | 20% | 3.2/ 10 |
Supply / competition Heavy competing supply: 63 other launches in Arjan | 13.3% | 3.6/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 13.3% | 8.4/ 10 |
Rental yield Implied gross yield is 4.4% against community rents | 10% | 5.2/ 10 |
Delivery risk Handover sits in a typical off-plan window | 6.7% | 8.6/ 10 |
Service charges Service charge published at 16 | 3.3% | 7.1/ 10 |
Exit liquidity 2031 closed sales in the last year in this community | 6.7% | 8.6/ 10 |
Strong
- • Community closed-sale trend is +8.0% year on year
- • Handover sits in a typical off-plan window
- • 2031 closed sales in the last year in this community
Watch
- • Amenities mention park
- • Service charge published at 16
Risk
- • Launch is -21.9% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 63 other launches in Arjan
- • Implied gross yield is 4.4% 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.
Mulk Properties 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 off-plan window.
Community read for Arjan: location 6.5 / 10, supply 3.6 / 10. Amenities mention park Heavy competing supply: 63 other launches in Arjan
Pricing agent: Launch is -21.9% versus median DLD sale price per sq ft in this community Service charge published at 16 2031 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 4.4% 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
Mulk Properties 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 off-plan window.
Community
Community read for Arjan: location 6.5 / 10, supply 3.6 / 10. Amenities mention park Heavy competing supply: 63 other launches in Arjan
Pricing
Pricing agent: Launch is -21.9% versus median DLD sale price per sq ft in this community Service charge published at 16 2031 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 4.4% 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.
Location
Arjan · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Ready · Apartment | AED 640K | 465 | 1,377 |
| 2026-07-07 | Ready · Apartment | AED 2.1M | 1,781 | 1,179 |
| 2026-07-07 | Ready · Apartment | AED 550K | 474 | 1,161 |
| 2026-07-07 | Off-plan · Apartment | AED 663K | 475 | 1,396 |
| 2026-07-07 | Ready · Apartment | AED 630K | 405 | 1,557 |
| 2026-07-07 | Ready · Apartment | AED 950K | 755 | 1,258 |
| 2026-07-07 | Ready · Apartment | AED 1.87M | 1,331 | 1,403 |
| 2026-07-07 | Off-plan · Apartment | AED 800K | 435 | 1,839 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
Commerce
From 1512 sq ft / sq m as published
Service charge 16
Amenities
- Lobby
- Retail Outlets
- Lift
- Parking
- Dining outlets (coffee houses & restaurants)
Compare
OBG "THE LX"
From AED 2.8M · ★ 5.9 / 10
Questions about this launch
- Who is building OBG "THE LX"?
- Mulk Properties is the developer named on this launch.
- When is handover for OBG "THE LX"?
- The published handover is Sep 2027.
- What is the starting price of OBG "THE LX"?
- The published starting price is AED 2.8M.
- What does the SKID screen mean for OBG "THE LX"?
- The SKID screen for this launch in Arjan is 80 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.