Evergr1n House 2 Jumeirah Garden City Dubai

Evergr1n House 2 is Object 1's second fully furnished mid-rise in Jumeirah Garden City, the freehold pocket of Al Satwa that sits a short drive from Sheikh Zayed Road, Downtown and the Jumeirah beach strip. The source listing shows studios from AED 992.0 K (about Rs 2.55 crore), with 1 BHK from AED 1.61 M and 2 BHK from AED 2.43 M, on a 10/40/50 plan and a handover printed as Q3 2026.

The building is 12 floors — eight residential, two parking, one services, one roof — and it follows the first Evergr1n House next door. Two gaps in the public record matter: no source prints unit sizes, so the rate per sq ft cannot be checked from a desk, and the handover date is printed as both March 2026 and Q3 2026 with no reported delivery. Both are questions for the sales office before you pay the 10%.

At a glance

Price and unit pricing

The pocket's numbers are the check. Jumeirah Garden City apartments trade at AED 1,400 to 2,400 per sq ft, averaging AED 1,848 to 2,093 depending on building, with studios from about AED 560,000 and 1 BHK from AED 980,000. Evergr1n House 2's studio at AED 992.0 K and 1 BHK at AED 1.61 M are therefore near the top of the pocket — a premium for a new, furnished building from a known developer. Whether it is a fair premium depends entirely on the unit areas, which Object 1 will have on its price sheet. A 450 sq ft studio at AED 992.0 K is about AED 2,200 per sq ft, inside the pocket's range; a 350 sq ft studio would be well outside it.

Payment plan and total cost

10% on booking, 40% during construction, 50% on handover. With handover imminent, the construction instalments may already be due in full. Worked on the AED 992.0 K entry unit:

If the building has completed before you buy, the sale becomes a ready one: full payment at transfer or a UAE mortgage, with the same 4% DLD fee. The service charge is not published; furnished mid-rises with a rooftop pool tend to sit mid-to-high in Dubai's range, and on a small studio it is a meaningful share of a AED 55,000 to 65,000 rent.

Location and connectivity

Jumeirah Garden City is a freehold sub-zone of about 22 mid-rise buildings and 3,200 homes inside Al Satwa, the old low-rise neighbourhood between Sheikh Zayed Road and Jumeirah Road. From here the World Trade Centre metro and Sheikh Zayed Road are 5 to 10 minutes, Downtown and Burj Khalifa 10 to 15, the beach and La Mer about 10, and the airport about 15. Nothing else in this section is this central at this price.

The trade-off is the surroundings: Satwa is dense, busy and old, and the freehold pocket is a cluster of new buildings inside it rather than a planned community with parks. For Object 1's suburban alternative see AUREL1A Residence in Dubai Sports City, where the same developer sells studios at about 60% of this price. See all Dubai projects we track and the projects list.

Amenities and specifications

Every unit is fully furnished with kitchen appliances included. The building has eight residential floors over two parking levels, a services floor and a roof deck; the first Evergr1n House next door offers a rooftop pool, gym and lounge, and the same package is marketed for House 2. The 1.5 BHK is a 1 BHK with a study or second small room, which is worth checking on the plan.

Not published: unit sizes, the furniture schedule, parking allocation or service-charge budget. Ask for the furniture inventory as an SPA annex. Final specification as per the SPA.

About the developer

Object 1 (Object One Real Estate Development LLC) was founded in 2014 and has more than 30 active projects across JVC, JVT, Al Satwa, Dubai Land Residence Complex, Jebel Ali and Dubai Sports City. A developer-data site counts about 4,800 homes delivered or in handover across 2020-2025, six delivered projects and 32 active, with on-time delivery at 73% and a 1% cancellation rate; another notes early deliveries on some projects.

The first Evergr1n House in the same pocket is the direct precedent, and the best due diligence is to walk through it: the finish, the furniture and the service-charge bills there are what House 2 will deliver. Ask Object 1 for the announced and actual handover dates on its six delivered projects.

For overseas buyers

Any nationality. Dubai's designated freehold areas are open to buyers of every nationality, resident or not: no local partner, no residence visa needed in order to buy, and the Land Department issues the title deed in your own name. On the AED 992,000 entry price the 4% Dubai Land Department transfer fee is about AED 39,680 (USD 10,800), and registration, trustee and agency charges take the all-in cost to roughly 6% to 7% over the price. UAE banks lend non-residents about 50% to 60% of the price, which is why the developer payment plan above carries most overseas purchases. The paragraphs below work the numbers for an Indian buyer, the largest single group buying in Dubai, but the ownership, visa and yield rules are the same whatever passport you hold.

Jumeirah Garden City is freehold, so a foreign buyer holds the title outright. AED 992.0 K is a little above one person's LRS allowance of USD 250,000 (about AED 918,000); with half due at handover, two allowances or two financial years cover it without strain. The studio and 1 BHK are below the AED 2 M Golden Visa threshold; the 1.5 BHK at AED 2.1 M and the 2 BHK at AED 2.43 M clear it, which makes this one of the more central Golden Visa purchases available under AED 2.5 M.

No UAE tax applies to the property or rent; an Indian tax resident declares the rent and any sale gain in India. On yield: the pocket returns 5.5 to 7% gross, with furnished studios and 1 BHK at the upper end and short-let an option given the location; budget 6% gross and 4 to 4.5% net on a long let after furnished-building service charges. This is a lower yield than the suburban districts because the price carries the address.

On exit: central, contained pockets hold value better than supply-heavy districts, and Jumeirah Garden City has a resale market from the first wave of buildings. A furnished studio here sells to an owner-occupier or a short-let operator as readily as to an investor, which widens the exit.

Pros

• A central freehold address 10 to 15 minutes from Downtown, the beach and the metro — rare at this price point
• Fully furnished, so it lets or is usable the week it is handed over
• Handover is imminent: months, not years, of construction risk left
• Object 1 has a volume record and built the first Evergr1n House next door
• Half the price is paid at handover, so exposure during the remaining build is limited
• Jumeirah Garden City is small (about 3,200 homes) and mid-rise, so supply is contained compared with JVC or Sports City

Cons

• AED 992.0 K for a studio is a premium: the pocket's studios start from about AED 560,000, and no source prints this building's unit sizes to check the rate
• Handover printed as March 2026 and Q3 2026 with no reported delivery yet
• Jumeirah Garden City yields are modest — 5.5 to 7% gross, and lower on larger units — because prices are high for the rents
• Al Satwa around the freehold pocket is an old, dense, low-rise neighbourhood; the address is central, not glamorous
• Furnished buildings carry higher service charges and furniture wear; no service charge is published
• Below the AED 2 M Golden Visa threshold for the studio and 1 BHK; the 1.5 BHK at AED 2.1 M and the 2 BHK at AED 2.43 M qualify

Who this is for

• Buyers who want a central, furnished pied-a-terre or a short-let unit near Downtown and the beach
• Golden Visa buyers at 1.5 or 2 BHK level (AED 2.1 M and up)
• Investors who prefer a contained mid-rise pocket to a tower district and accept a 6% yield for it
• Indian buyers who can cover the AED 496,000 handover payment this financial year

Who should look elsewhere

• Yield-first investors — DLRC or Sports City stock returns more per dirham
• Buyers who will not pay a premium without seeing the unit sizes first
• Anyone who wants a new-district masterplan with parks and schools inside the gate
• Buyers who need the handover date certain to the month

Our verdict

A fair buy for someone who wants a central furnished flat or a Golden Visa at 1.5 to 2 BHK level and is not chasing yield. Get the unit size, the completion certificate status and the DLD project number before you pay the 10%; if the building has completed, negotiate as a ready purchase.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Evergr1n House 2?

The source listing shows studios from AED 992.0 K (about Rs 2.55 crore). Portals print 1 BHK from AED 1,614,000, 1.5 BHK from AED 2,105,000 and 2 BHK from AED 2,430,000. Unit sizes are not published, so ask for the area of the specific unit before comparing rates.

What is the payment plan?

10% on booking, 40% during construction, 50% on handover. On AED 992.0 K that is AED 99,200, 396,800 and 496,000, plus a 4% DLD fee of AED 39,680. If the building completes before you buy, it becomes a ready sale paid in full at transfer.

When is the handover?

Q3 2026 on the portals and March 2026 on the source listing, with no reported delivery yet. Ask whether the completion certificate has been issued.

Is it furnished?

Yes — Object 1 sells Evergr1n House 2 fully furnished with kitchen appliances, like the first Evergr1n House next door.

Is it RERA registered?

Object 1 sells registered projects with escrow accounts, but none of the sources we checked prints this project's number. Verify on the Dubai REST app before booking.

Does it qualify for the Golden Visa?

The studio at AED 992.0 K and the 1 BHK at AED 1.61 M do not reach the AED 2 M threshold; the 1.5 BHK at AED 2.1 M and the 2 BHK at AED 2.43 M do.

What yield can I expect?

Jumeirah Garden City yields 5.5 to 7% gross in 2026 guides, with studios and 1 BHK at the upper end. A furnished, central studio can also be short-let; on a long let budget 6% gross and 4 to 4.5% net after furnished-building service charges.

How does an overseas buyer pay for it?

Jumeirah Garden City is freehold. AED 992.0 K is slightly above one person's USD 250,000 LRS (the Reserve Bank of India's Liberalised Remittance Scheme) allowance (about AED 918,000); the 10/40/50 plan puts half at handover, so two allowances or two financial years cover it easily. Buyers of any other nationality can own on the same terms: Dubai's designated freehold areas are open to all nationalities, there is no residency requirement and no local partner, and the Land Department issues the title deed in your own name.

Want the unit sizes and current availability at Evergr1n House 2, and how it compares with the first Evergr1n House on resale? Ask Realty Hunting and we will send both.