Price from
AED 827.5K
Starting price for IR1DIAN PARK 2.

New Launch
IR1DIAN PARK 2 by Object One delivers 221 units across two price bands in Jumeirah Village Circle (JVC) — studios and compact one-bedrooms from AED
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Data coverage
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Price from
AED 827.5K
Starting price for IR1DIAN PARK 2.
Completion
Q2 2027
Tracked completion target for IR1DIAN PARK 2.
Related projects
30
Nearby launches and other Object One projects.
IR1DIAN PARK 2 by <a href="Object One">Object One</a> enters <a href="Jumeirah Village Circle JVC">Jumeirah Village Circle (JVC)</a> with studios from AED 827,500 and one-bedroom layouts from AED 1.24M, targeting Q2 2027 completion. Two distinct unit bands define the offer: compact configurations from 41.76 to 55.9 sqm at AED 827,500 to AED 1.03M, and larger one-bedroom layouts from 68.13 to 94.25 sqm at AED 1.24M to AED 1.51M, with observed per-sqm pricing spanning AED 15,156 to AED 21,409 across the full project. JVC is Dubai's most active sub-AED 1.5M off-plan submarket, and IR1DIAN PARK 2 sits at the yield-sensitive price threshold where investor demand for studios and compact one-bedrooms is structurally deepest. selection consideration depends on how this launch's per-sqm pricing benchmarks against the volume of competing JVC launches active right now, and whether Object One's delivery track record supports the stated Q2 2027 handover target.
<p>IR1DIAN PARK 2 splits its 221-unit inventory across two commercially distinct segments. The first — 110 units from 41.76 to 55.9 sqm at AED 827,500 to AED 1.03M — targets yield-focused buyers and entry investors seeking sub-AED 1M JVC exposure with approximately fifteen months of runway to Q2 2027 handover. At the AED 827,500 floor price on a 41.76 sqm unit, the implied per-sqm cost sits near AED 19,800; larger units in the same band at 55.9 sqm priced at mid-range bring the effective per-sqm figure toward the AED 16,000 level. The second band — 111 units from 68.13 to 94.25 sqm at AED 1.24M to AED 1.51M — is priced for buyers who need more lettable area to support higher absolute rents and who accept a larger capital commitment in exchange for a broader tenant pool at handover.</p><p>Observed pricing across the full project spans AED 15,156 to AED 21,409 per sqm. Floor level and orientation account for most of this variance: lower floors in the larger one-bedroom configurations approach the bottom of the range, while premium floors in compact units push toward the ceiling. Buyers should identify which specific floor and orientation they are being quoted before drawing per-sqm comparisons against competing JVC launches.</p><p>True acquisition cost runs materially above the headline price. A 5% buyer-side fee adds AED 41,375 at the AED 827,500 entry. Dubai Land Department registration fees of 4% add approximately AED 33,100 on the same unit, bringing minimum all-in cost to roughly AED 901,975 before mortgage or conveyancing fees. At the AED 1,510,000 upper end, combined agency and DLD charges add approximately AED 136,000. Confirm payment plan installment timing directly with <a href="Object One">Object One</a> — the split between construction-linked and post-handover installments materially determines your cash exposure between now and Q2 2027. For a framework to evaluate what off-plan payment structures mean for your holding strategy, the <a href="Off-Plan vs Ready">off-plan vs ready comparison</a> is worth reading before committing.</p>
<p><a href="Jumeirah Village Circle JVC">Jumeirah Village Circle (JVC)</a> is a freehold master-planned community positioned between Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), placing it within a fifteen-to-twenty-minute drive of Dubai Marina, JBR, and the Expo City corridor under normal traffic conditions, and approximately twenty to twenty-five minutes from DIFC and Downtown Dubai. The community's circular road layout, central parkland, Circle Mall retail anchor, and established school presence make it one of Dubai's more self-contained mid-market residential zones — a characteristic that sustains tenant retention and reduces the void risk common in more transient parts of the city.</p><p>JVC's investment case rests on three structural pillars. First, freehold ownership rights available to all nationalities with no restrictions on foreign buyer participation. Second, a deep and consistent rental tenant pool dominated by single professionals, young couples, and small families who value the community's amenity density and road connectivity over proximity to a single employment node. Third, relatively moderate service charge levels compared to waterfront or central business district communities, which protects net yield margins for buy-to-let investors. These factors have made JVC one of Dubai's highest-volume off-plan submarkets for sub-AED 1.5M product over multiple market cycles.</p><p>IR1DIAN PARK 2's Q2 2027 handover sits inside a busy JVC completion window. Buyers should monitor the volume of competing projects delivering in the same quarter, as a concentration of supply at handover can compress achievable rents in the short term even in a strong occupancy market. The <a href="live projects">full off-plan project database</a> provides the current supply picture across Dubai's key submarkets for cross-referencing against IR1DIAN PARK 2's timeline.</p>
<p><a href="Object One">Object One</a> is a Dubai-based residential developer with an active JVC pipeline spanning more than thirty tracked projects. The IR1DIAN PARK name signals continuity within the community — IR1DIAN PARK 2 is positioned as a successor to the developer's established JVC product line, which means buyers inherit both the brand recognition built by the predecessor project and the scrutiny that comes with it. Delivery track record on prior Object One launches in JVC should be the first diligence step: verify whether the original IR1DIAN PARK completed on schedule and whether handover quality matched the sales presentation before treating Q2 2027 as a reliable planning date.</p><p>Two Object One projects from the same developer family warrant direct head-to-head comparison with IR1DIAN PARK 2 on pricing and handover timing. <a href="Verdan1a 5">Verdan1a 5</a> and <a href="Elar1s Axis">Elar1s Axis</a> share overlapping submarket positioning — comparing per-sqm pricing, payment plan front-loading, and completion dates across these three launches will reveal whether IR1DIAN PARK 2 represents the most advantageous entry point in the current Object One portfolio or whether a sister project offers a better price-to-timeline ratio for your investment parameters. When evaluating any off-plan developer, use the <a href="buying advice">buying guide</a> to build a structured due diligence checklist covering SPA terms, escrow account registration, and developer licence status before signing.</p>
<p>JVC's off-plan supply in the AED 800K to AED 1.5M band is among the deepest in Dubai, and IR1DIAN PARK 2 competes directly against a significant volume of active launches. Buyers owe it to themselves to benchmark at least four alternatives before deciding this project earns selection priority.</p><p><a href="Tresora By Wadan">Tresora by Wadan</a> and <a href="New Project By Empire">New Project by Empire</a> offer JVC exposure from different developer profiles. Compare their per-sqm pricing, payment plan front-loading, and handover dates against IR1DIAN PARK 2's Q2 2027 target to identify which launch offers the most favourable entry given your capital deployment timeline. <a href="Nexara Tower">Nexara Tower</a> is a direct unit-type comparable — benchmark it on configuration size and floor-level pricing to test whether IR1DIAN PARK 2's AED 15,156 to AED 21,409 per-sqm range is competitive or above-market within the current JVC cycle. <a href="Flu1d One">Flu1d One</a> represents another compact-unit JVC alternative with its own handover profile and developer credentials; compare it primarily on per-sqm cost and payment structure against IR1DIAN PARK 2's two unit bands.</p><p>For buyers willing to look beyond the immediate JVC core, <a href="Elar1s Axis">Elar1s Axis</a> and <a href="Verdan1a 5">Verdan1a 5</a> complete the competitive picture and are particularly useful for buyers already evaluating Object One's wider portfolio. The most efficient starting point for contextualising all of these alternatives within one area-level framework is the <a href="Jumeirah Village Circle JVC">Jumeirah Village Circle (JVC) area guide</a>.</p>

The lower end of IR1DIAN PARK 2's per-sqm range is defensible for a Q2 2027 off-plan launch in JVC, where secondary-market studios in established towers have been transacting in the AED 13,000 to AED 17,000 per-sqm band. The upper end — most likely reserved for high-floor or premium-orientation units in the compact 41.76 to 55.9 sqm band — requires a conviction that JVC capital values will appreciate sufficiently before handover to justify the premium above secondary-market pricing today. Buyers targeting yield should concentrate on the lower-floor, larger-configuration units where the per-sqm cost and rental rate ratio is most favourable. Direct benchmarks worth running side by side include <a href="Nexara Tower">Nexara Tower</a> and <a href="Flu1d One">Flu1d One</a>, both active in the same JVC submarket at comparable unit sizes and timelines.
The compact band (41.76 to 55.9 sqm, AED 827,500 to AED 1.03M) typically generates higher gross yield percentages in JVC because studio and small one-bedroom rents are well-supported by single professionals, couples, and short-stay operators, while the lower absolute capital outlay maximises the yield ratio. However, the 68.13 to 94.25 sqm one-bedroom configurations at AED 1.24M to AED 1.51M offer broader tenant appeal, lower void risk between tenancies, and more durable resale liquidity on the secondary market — relevant if your investment horizon extends beyond immediate yield to a four-or-five-year capital growth hold. Neither band dominates unconditionally; the decision turns on whether you are optimising for annual cash return or total return over the hold period. The <a href="Off-Plan vs Ready">off-plan vs ready comparison</a> provides useful framework before committing capital to either configuration.
At the AED 827,500 entry point, a 5% buyer-side fee adds AED 41,375 and Dubai Land Department registration fees of 4% add a further AED 33,100, bringing minimum all-in acquisition cost to approximately AED 901,975 before any mortgage origination, valuation, or conveyancing charges. Buyers at the top of the range — AED 1,510,000 — should budget approximately AED 136,000 in combined agency and DLD charges on top of the purchase price. These are pre-financing figures; mortgage borrowers add lender arrangement fees and a property valuation fee. Payment plan structure materially affects your cash exposure between exchange and Q2 2027 handover — confirm installment timing and post-handover terms directly with <a href="Object One">Object One</a> before signing. Use the <a href="buying advice">buying guide</a> to structure your full acquisition cost model.

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