Price from
AED 1.38M
Starting price for One Sky Park.

Under Construction
One Sky Park by Iman Developers in JVC offers 1-bedroom units from AED 1.38M and 2-bedroom units at AED 2.29M, with a Q1 2028 handover target.
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Price from
AED 1.38M
Starting price for One Sky Park.
Completion
Q1 2028
Tracked completion target for One Sky Park.
Related projects
8
Nearby launches and other Iman Developers projects.
One Sky Park is a residential development by Iman Developers in Jumeirah Village Circle (JVC), priced from AED 1.38M for 1-bedroom units and AED 2.29M for 2-bedroom units, targeting a Q1 2028 handover. The 527 tracked transactions attached to this project indicate strong buyer activity, but construction is currently running 30.74% behind schedule — a fact that materially changes the risk calculation for any buyer relying on a 2028 delivery date. At AED 16,104 to AED 16,948 per sqm, One Sky Park prices in line with mid-tier JVC benchmarks rather than below them, so the investment case rests on JVC's structural yield story rather than an entry-price discount. Before committing, buyers should benchmark Tresora By Wadan, Nexara Tower, and Sierra on both per-sqm cost and current build progress to determine whether One Sky Park's risk profile justifies its position in the JVC selection.
One Sky Park offers two configuration tiers. The 1-bedroom units span 83.89 to 99.25 sqm and are priced from AED 1.38M to AED 1.6M, placing the per-sqm range between AED 16,104 and AED 16,948. The 2-bedroom configuration is fixed at AED 2.29M across 138.11 sqm, equating to approximately AED 16,581 per sqm. Both bands sit within the competitive mid-tier JVC pricing range — a market where per-sqm values have stabilised as the submarket absorbed significant off-plan supply over the past two years. Buyers should treat neither tier as a discount entry; both reflect current market rate for location and specification rather than a below-benchmark opportunity. Total acquisition cost on a AED 1.38M unit rises to approximately AED 1.51M once the mandatory 4% DLD transfer fee and 5% buyer-side fee are included. Buyers unfamiliar with Dubai off-plan cost structures should review the Dubai buying guide for a full breakdown of payment plan mechanics, escrow protections, and acquisition fees before deciding any off-plan project. Those weighing an off-plan entry against completed stock can compare the timing and liquidity tradeoffs at off-plan vs ready.
Construction on One Sky Park is tracking 30.74% behind its original build schedule, with Q1 2028 remaining the formally stated handover target. For any buyer committing capital today, that delay figure is the most important single data point on this project. A build running nearly a third behind plan at this stage of the cycle raises the realistic delivery window to Q3 or Q4 2028 at minimum, with further slippage possible depending on subcontractor sequencing, materials supply, and site conditions. Buyers should request the current RERA-certified construction progress report and confirm the standing of the DLD escrow account before exchanging. Under UAE off-plan regulation, developers must hold buyer funds in a RERA-registered escrow account and release capital only against verified construction milestones — this structure limits financial exposure, but does not eliminate timeline risk. Iman Developers have delivered JVC projects previously, and buyers should examine the actual versus planned handover record on those completed projects before drawing conclusions about One Sky Park's likely trajectory.
Jumeirah Village Circle (JVC) is one of Dubai's highest-volume off-plan submarkets, with consistent 1-bedroom rental demand driven by professionals working across Dubai Internet City, JLT, and Media City — all accessible within 10 to 15 minutes via Al Khail Road. Mid-spec JVC 1-bedroom units typically achieve AED 75,000 to AED 90,000 per year in annual rent, positioning the submarket at gross yields of 5% to 7% at current pricing levels. JVC's structural yield case is credible and underpinned by real occupier demand, but the submarket's supply pipeline is exceptionally dense. More than a dozen active off-plan launches are targeting 2027 and 2028 handovers across JVC, meaning One Sky Park will deliver into a market absorbing significant concurrent new supply. Buyers projecting income from day one of handover should model occupancy conservatively and stress-test returns against a 10% to 15% rental softening scenario driven by simultaneous completions across the district.
Iman Developers have concentrated their pipeline in JVC, making One Park Central and 15 Cascade the two most directly comparable launches within the Iman portfolio. One Park Central targets a similar buyer demographic in the same submarket, and buyers should obtain current construction progress data for both projects before deciding which Iman launch carries lower delivery risk relative to its pricing. 15 Cascade sits at a different point in the build cycle and may offer a more advanced construction stage, making it the stronger option for buyers who prioritise handover certainty over unit configuration. When evaluating any developer's active portfolio, buyers should examine the actual versus promised delivery record on completed projects — specifically whether Iman's past JVC handovers arrived within their original target windows — before extending confidence to One Sky Park given its existing delay.
JVC's active launch landscape gives buyers genuine comparison leverage before committing to One Sky Park. Tresora By Wadan and Nexara Tower are among the competing JVC projects worth benchmarking on per-sqm price and build stage simultaneously. Sierra and New Project By Empire add further JVC alternatives from different developers — an important consideration when developer-specific construction risk is part of the evaluation. Spreading a JVC selection across developers and build timelines is sound practice in a submarket where multiple projects share a 2027–2028 completion window and a single developer's delays will not affect alternatives from other builders. Buyers whose primary filter is handover certainty should prioritise current construction stage over launch price when comparing options; a project already at structural completion stage and priced similarly to One Sky Park may represent a materially better risk-adjusted entry. The full Jumeirah Village Circle (JVC) area breakdown and the broader off-plan projects index both provide additional context for positioning One Sky Park within the wider Dubai off-plan market.

Q1 2028 remains the developer's stated target, but a project running nearly a third behind its original build plan at this stage significantly elevates the probability of slippage. Buyers should treat Q3 to Q4 2028 as a more defensible planning assumption and verify the current DLD construction milestone report and RERA escrow account status before signing. If your return model depends on rental income or a resale event timed to a 2028 delivery, the delay risk needs to be explicitly stress-tested — not absorbed into a best-case scenario.
The per-sqm range reflects current JVC mid-tier market rate rather than a below-market entry. JVC has seen sustained pricing competition as the submarket absorbed a large volume of new launches, and several competing projects — including [Nexara Tower](/projects/nexara-tower) and [Sierra](/projects/sierra) — are pricing within the same band. Buyers should not treat One Sky Park's entry price as a discount without first comparing it against alternatives on build stage as well as price. A project priced similarly but at a more advanced construction stage may offer meaningfully better risk-adjusted value.
At an entry price of AED 1.38M to AED 1.6M, and with mid-spec JVC 1-bedroom units currently achieving AED 75,000 to AED 90,000 per year in annual rent, the indicative gross yield range sits between approximately 5.4% and 6.5%. That range narrows once service charges, the mandatory 4% DLD transfer fee, the 5% agent acquisition cost, and realistic vacancy periods are factored in. JVC's yield floor is structurally supported by proximity to major employment hubs, but the dense 2027–2028 completion pipeline across the submarket will test rental absorption at precisely the moment One Sky Park is expected to deliver.

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