IR1DIAN PARK 2
Off-Plan

IR1DIAN PARK 2

From AED 894,955·Handover Jun 2027·40% down payment Payment
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AED 894,955
Starting Price
Jun 2027
Handover
40% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

IR1DIAN PARK 2 is a residential complex featuring modern architecture in neutral tones with elements of natural textures. The clean lines of the faсade, glass balconies, and large windows give the building a neat and bright appearance. The complex consists of a ground level, a podium floor, and five residential floors with apartments, offering a balanced combination of aesthetics and comfort. IR1DIAN PARK 2 offers studios, one-bedroom, and two-bedroom apartments. The spaces are designed to emphasize natural lighting, creating a sense of lightness and coziness. The interiors are filled with warmth thanks to carefully selected finishing materials, forming a balanced and contemporary atmosphere. The complex includes a variety of amenities: a stylish lobby, an adult swimming pool, a children’s pool, a modern gym, a kids play area, a barbecue zone, and a cozy clubhouse. All infrastructure elements are designed for comfort, active recreation, and social interaction among residents. Thanks to its convenient location in Jumeirah Village Circle, residents can quickly reach key city destinations. Dubai Hills Mall is a 17-minute drive away, The Walk JBR is 20 minutes away, and Palm Jumeirah is 22 minutes away. EOI: 30 000 AED Launch date: will be announced later

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 38,617 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,084
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 58,172 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
IR1DIAN PARK 2 launch basis994AED 894,955Current launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

IR1DIAN PARK 2 — View 2
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IR1DIAN PARK 2 official render 1

IR1DIAN PARK 2 official render 1

IR1DIAN PARK 2 official render 2

IR1DIAN PARK 2 official render 2

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IR1DIAN PARK 2 official render 3

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IR1DIAN PARK 2 official render 4

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IR1DIAN PARK 2 official render 5

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IR1DIAN PARK 2 official render 6

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IR1DIAN PARK 2 official render 7

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IR1DIAN PARK 2 official render 8

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IR1DIAN PARK 2 official render 9

IR1DIAN PARK 2 official render 10

IR1DIAN PARK 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

40% down payment

Flexible Payment

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Floor Plans

IR1DIAN PARK 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
BBQ
Children’s pool
Club house
Covered gym
Kids Play Area
Leisure areas
Lift
Lobby
Parking
Recreational areas
Resting Areas
Sitting Area
Social zone

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

IR1DIAN PARK 2 by Object One Real Estate Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 894,955

04

Unit mix includes Studio, 1 BR, 2 BR, Apartments

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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