OBJECT 1 "IR1DIAN PARK 2"
Object One Real Estate Development · Jumeirah Village Circle · Dubai
SKID Score6.3 / 10
SKID Score
6.3 / 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 1.05M
- Payment plan
- Down payment 20%.
- Handover
- Jun 2027
- Available units
- 0–2 beds · Freehold
- Gross yield
- 4.8%
- Fair value
- -30.4%
- Risk
- Medium
- At handover
- 80% at or after handover
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 4.8%
- Fair value
- -30.4%
Last evaluated: 2026-10-07
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 Waterfront or beach positioning | 26.7% | 7.9/ 10 |
Entry price Launch is -30.4% versus median DLD sale price per sq ft in this community | 20% | 3.2/ 10 |
Supply / competition Heavy competing supply: 80 other launches in Jumeirah Village Circle | 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 4.8% 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 15 | 3.3% | 7.1/ 10 |
Exit liquidity 6416 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
- • 6416 closed sales in the last year in this community
Watch
- • Waterfront or beach positioning
- • Service charge published at 15
Risk
- • Launch is -30.4% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 80 other launches in Jumeirah Village Circle
- • Implied gross yield is 4.8% 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.
Object One 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 off-plan window.
Community read for Jumeirah Village Circle: location 7.9 / 10, supply 3.6 / 10. Waterfront or beach positioning Amenities mention park Heavy competing supply: 80 other launches in Jumeirah Village Circle
Pricing agent: Launch is -30.4% versus median DLD sale price per sq ft in this community Service charge published at 15 6416 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 4.8% 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
Object One 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 off-plan window.
Community
Community read for Jumeirah Village Circle: location 7.9 / 10, supply 3.6 / 10. Waterfront or beach positioning Amenities mention park Heavy competing supply: 80 other launches in Jumeirah Village Circle
Pricing
Pricing agent: Launch is -30.4% versus median DLD sale price per sq ft in this community Service charge published at 15 6416 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 4.8% 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 (limited offer until October 31st, 5% discount) 80% is due at or after handover. Down payment 20%.
Location
Jumeirah Village Circle · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-18 | Ready · Apartment | AED 2.92M | 1,748 | 1,667 |
| 2026-07-18 | Off-plan · Apartment | AED 771K | 424 | 1,819 |
| 2026-07-18 | Off-plan · Apartment | AED 912K | 431 | 2,116 |
| 2026-07-18 | Off-plan · Apartment | AED 530K | 404 | 1,310 |
| 2026-07-18 | Ready · Apartment | AED 800K | 690 | 1,160 |
| 2026-07-18 | Ready · Apartment | AED 700K | 502 | 1,396 |
| 2026-07-18 | Off-plan · Apartment | AED 856K | 381 | 2,248 |
| 2026-07-18 | Off-plan · Apartment | AED 2.23M | 1,306 | 1,707 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
0–2 beds · Apartments
AED 1.05M – AED 1.61M
600 – 1,045 sq.ft
AED 1.71M – AED 2.27M
1,123 – 1,568 sq.ft
From AED 2.36M
1,646 sq.ft
From 600 sq ft / sq m as published
Service charge 15
Amenities
- Children’s Pool
- Kids’ Play Area
- Lobby
- BBQ
- Covered Gym
- Recreational Areas
- Lift
- Parking
- Leisure Areas
- Social Zone
- Adults’ Pool
- Sitting Area
- Lounge
- Resting Areas
- Yoga Area
- Clubhouse
- Broadband Internet
Compare
OBJECT 1 "IR1DIAN PARK 2"
From AED 1.05M · ★ 6.3 / 10
Questions about this launch
- Who is building OBJECT 1 "IR1DIAN PARK 2"?
- Object One Real Estate Development is the developer named on this launch.
- When is handover for OBJECT 1 "IR1DIAN PARK 2"?
- The published handover is Jun 2027.
- What is the starting price of OBJECT 1 "IR1DIAN PARK 2"?
- The published starting price is AED 1.05M.
- What does the SKID screen mean for OBJECT 1 "IR1DIAN PARK 2"?
- The SKID screen for this launch in Jumeirah Village Circle 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.