IR1DIAN PARK
Off-Plan

IR1DIAN PARK

From AED 931,564·Handover Jun 2027·40% down payment Payment
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AED 931,564
Starting Price
Jun 2027
Handover
40% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

IR1DIAN PARK is a residential complex by Object One Real Estate Development, located in the Jumeirah Village Circle area. The project is inspired by the interplay of light and form, combining modern architecture with natural harmony. The complex consists of a ground floor, a podium level, and five residential floors with apartments. The building stands out with its contemporary architectural style, featuring smooth faсade lines and panoramic windows that create a sense of openness and light. The development offers studios and 1- and 2-bedroom apartments with functional layouts and abundant natural lighting. Interiors are designed in neutral tones with wood and stone elements, creating an atmosphere of comfort and modern elegance. IR1DIAN PARK offers a wide range of amenities designed for a stylish and balanced lifestyle. Residents can enjoy a swimming pool with sun loungers, a children’s pool, a gym, a clubhouse, a kids’ playroom, a barbecue area, and an open-air lounge. A spacious lobby with elegant design highlights the premium character of the project. Located in the heart of Jumeirah Village Circle, the complex provides convenient access to Dubai’s main destinations: 9 minutes to Dubai Miracle Garden, 11 minutes to City Centre Me’aisem, 15 minutes to Mall of the Emirates and Dubai Hills Mall, and 20–22 minutes to Palm Jumeirah and Dubai Marina.

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 40,197 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,455
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 60,552 / 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 launch basis1,035AED 931,564Current 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

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IR1DIAN PARK official render 1

IR1DIAN PARK official render 1

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IR1DIAN PARK 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 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Children’s pool
Club house
Covered Kids Play Area
Kids Play Area
Leisure areas
Lift
Lobby
Lounge
Parking
Pool Deck
Private Jacuzzi
Recreational areas
Shared Pool
Shared gym & fitness
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 by Object One Real Estate Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 931,564

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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