New homes in IR1DIAN Park 2 start at AED 816,000; keys are due Jun 2027; you pay 10% to book, 50% while it is built and 40% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 1,374 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle. Their median price is AED 1,942 per sq ft (about AED 796,000 at 410 sq ft). This project's from price is AED 1,990 per sq ft (AED 816,000 for its smallest home, 410 sq ft), 2% more.
Keys
Jun 2027
The developer's handover date
Payment plan
10 / 50 / 40
10% to book, 50% while it is built, 40% at the keys
Bedrooms
Studio to 2 beds
Sizes
410 to 1,659 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,990 per sq ft
Similar off-plan homes: AED 1,942 per sq ft
RERA project
3765
Check it in Dubai REST, the Dubai Land Department's official app.
Built
21%
Being built. DLD register, Nov 11, 2026
Completion on the register
Feb 2027
When we started recording it on Jun 12, 2026 it was Dec 2026. It has moved once since, by 2 months in total.
Escrow account
مصرف ابوظبى الاسلامى
The bank that holds your payments
Registered homes
86
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 50% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 10%
Booking
10%
AED 81,600+ AED 32,640 DLD fee
AED 114,240
Jan 2027While it is built · 25%
While it is built
25%
AED 204,000
AED 318,240
Apr 2027While it is built · 25%
While it is built
25%
AED 204,000
AED 522,240
Jun 2027Keys · 40%
Keys
40%
AED 326,400
AED 848,640
Booking payment, 10%
AED 81,600
Dubai Land Department fee (Oqood), 4%
AED 32,640
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 114,240
Total costPrice plus the DLD fee
AED 848,640
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 1,374 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in Iridian Park 2 sold in 24 months, so we compare with off-plan sales across Jumeirah Village Circle.
Dubai Land Department recorded 1,374 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,942 per sq ft
AED 977 to AED 1,191 per sq ft
5 sales
AED 1,191 to AED 1,405 per sq ft
75 sales
AED 1,405 to AED 1,619 per sq ft
100 sales
AED 1,619 to AED 1,833 per sq ft
332 sales
AED 1,833 to AED 2,047 per sq ft
374 sales
This project's from price is in this band.
AED 2,047 to AED 2,261 per sq ft
235 sales
AED 2,261 to AED 2,475 per sq ft
237 sales
AED 2,475 to AED 2,688 per sq ft
16 sales
AED 977 per sq ftAED 2,688 per sq ft
This project AED 1,990 per sq ft
Half of the sales sold for AED 1,752 to AED 2,173 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 977 to AED 1,191 per sq ft
5
AED 1,191 to AED 1,405 per sq ft
75
AED 1,405 to AED 1,619 per sq ft
100
AED 1,619 to AED 1,833 per sq ft
332
AED 1,833 to AED 2,047 per sq ft
374
AED 2,047 to AED 2,261 per sq ft
235
AED 2,261 to AED 2,475 per sq ft
237
AED 2,475 to AED 2,688 per sq ft
16
The 3 closest sales
Picked from the 1,374 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 676,992AED 1,651 per sq ftStax, 410 sq ft
Apr 2026AED 775,000AED 1,890 per sq ftBEVERLY RESIDENCE 2, 410 sq ft
Feb 2026AED 690,500AED 1,684 per sq ftGREYGATE RESIDENCES BY ADE, 410 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 816,000 here
Off-plan medianAED 741,000AED 1,825 per sq ft
Sales2,549
2% above 1,374 similar sales
1-bed apartment
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6.4%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.2%
Typical gross yield of similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (410 sq ft)
AED 7,790
Rent contracts counted
5,438
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 52,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 52,000 ÷ AED 816,000 = 6.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station6.1 km, 24 min driveMetro station
Victory Heights Primary School1.9 km, 4 min driveSchool
Nord Anglia International School2 km, 4 min driveIB school
JSS International School2.9 km, 12 min driveIndian school
Joud Boulevard West1.8 km, 4 min driveMall
Mediclinic Springs4.3 km, 8 min driveHospital
Jumeirah Lakes Towers7.2 km, 21 min driveOffices
The Els Club, Dubai Sports City2.1 km, 4 min driveGolf
IR1DIAN Park 2 is an Object One Real Estate Development apartment project in Jumeirah Village Circle, with studios to 2-bedroom homes from AED 816,000, and the listed handover is June 2027. The from price per square foot is 2.5% above 1,374 similar studio off-plan sales in Jumeirah Village Circle over the 12 months to November 2026.
The plan is 10% on booking, 50% during construction and 40% on handover. At the from price that is AED 81,600 on booking, AED 408,000 during the build and AED 326,400 on handover. Separately, the 4% DLD fee comes to AED 32,640; ask when it is due. The listing gives no dates for the construction payments, so ask for them.
The price check puts the from price per square foot 2.5% above the median of 1,374 similar studio off-plan sales in Jumeirah Village Circle over the 12 months to November 2026. Those sales cover the whole area, not this project alone. The check compares price per square foot, not total price.
The listing gives studios to 2 bedrooms and 410 to 1,659 sq ft overall. The developer quotes 410 sq ft for a studio, 673 sq ft for one bedroom and 1,036 sq ft for two. Residents get a gym, a shared pool, a children's pool, covered parking and 24/7 security, and homes have balconies. Three floor plans are listed, so ask for the plan of your unit.
T B R Poly Clinic is about 520 m away, around an 8-minute walk. Victory Heights Primary School is about 1.9 km away and Nord Anglia International School about 2 km, each around 4 minutes by car. Jumeirah Golf Estates Metro Station is about 6.1 km away, around 24 minutes by car, and JBR beach about 8.6 km, around 21 minutes.
