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 Oct 19, 2026, Dubai Land Department recorded 1,449 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle. Their median price is AED 1,928 per sq ft (about AED 790,000 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), 3% 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
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,990 per sq ft
Similar off-plan homes: AED 1,928 per sq ft
RERA project
3765
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Waiting to start. DLD register, Jun 12, 2026
Completion on the register
Dec 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
مصرف ابوظبى الاسلامى
The bank that holds your payments
Registered homes
86
In 1 buildings
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
Now
Booking
10%
AED 81,600
Jan 2027
While it is built
25%
AED 204,000
Apr 2027
While it is built
25%
AED 204,000
Jun 2027
Keys
40%
AED 326,400
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
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.
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.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (410 sq ft) that is about AED 8,000 a year.
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 1,449 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Oct 20, 2025 to Oct 19, 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 1,449 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Jumeirah Village Circle, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,928 per sq ft
AED 977 to AED 1,191 per sq ft
7 sales
AED 1,191 to AED 1,405 per sq ft
74 sales
AED 1,405 to AED 1,619 per sq ft
108 sales
AED 1,619 to AED 1,833 per sq ft
371 sales
AED 1,833 to AED 2,047 per sq ft
409 sales
This project's from price is in this band.
AED 2,047 to AED 2,261 per sq ft
240 sales
AED 2,261 to AED 2,475 per sq ft
234 sales
AED 2,475 to AED 2,688 per sq ft
6 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 1,746 to AED 2,136 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
7
AED 1,191 to AED 1,405 per sq ft
74
AED 1,405 to AED 1,619 per sq ft
108
AED 1,619 to AED 1,833 per sq ft
371
AED 1,833 to AED 2,047 per sq ft
409
AED 2,047 to AED 2,261 per sq ft
240
AED 2,261 to AED 2,475 per sq ft
234
AED 2,475 to AED 2,688 per sq ft
6
The 3 closest sales
Picked from the 1,449 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
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. 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
3% above 1,449 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
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
6.4%
Typical for similar ready homes
8.5%
Median rent of studio apartments in Jumeirah Village Circle
AED 52,000 a year
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 3.2% above 1,449 similar studio off-plan sales in Jumeirah Village Circle over the 12 months to October 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 3.2% above the median of 1,449 similar studio off-plan sales in Jumeirah Village Circle over the 12 months to October 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.
