About Evergr1n House 2

Modern apartments with studio, 1-bedroom, and 2-bedroom layouts
Favourable payment plan with 50% during construction and 50% on completion
Prime location in Al Satwa, close to major landmarks
Extensive amenities including swimming pools, fitness zones, and wellness spaces
Completion anticipated in the third quarter of 2026

Evergr1n House 2 at Al Satwa: Luxury homes by Object 1

Evergr1n House 2 is a promising residential project in the heart of Dubai, developed by Object 1. This project offers a unique combination of modern architecture, high-quality finishes, and a tranquil, nature-inspired environment. Located in Al Satwa, an area known for its charming mix of traditional and contemporary elements, this project provides an ideal living environment for both individual professionals and families. The apartments range from studios to 2-bedroom units, ensuring a suitable option for every need. With a starting price of AED 992,000, this is an excellent opportunity to invest in a high-quality real estate project in one of Dubai’s most sought-after locations. Completion is planned for the third quarter of 2026, meaning investors will need some patience but can expect a project with a strong vision and quality execution.

Homes and Unit Types

Evergr1n House 2 offers a diverse range of unit types, including studios, 1-bedroom, and 2-bedroom apartments. This diversity ensures a suitable option for every lifestyle. The studios are perfect for individuals or young couples seeking a compact yet stylish home. The 1-bedroom apartments offer more space and are ideal for small families or professionals who work from home. The 2-bedroom units are spacious, providing ample privacy and comfort for families or housemates. While the exact square footage is not specified, it is clear that each home has been carefully designed to offer a sense of comfort and convenience. The modern finishes and high-quality materials contribute to a luxurious living environment that meets the expectations of the most discerning buyers.

About the developer Object 1 and the Evergr1n House 2 design

Evergr1n House 2 is a mid-rise building distinguished by its architectural elegance and functionality. The project is being developed by Object 1, a renowned developer with a strong reputation in Dubai. The developer is known for its attention to detail and its ability to deliver projects that perfectly meet the needs of modern residents. The building features a wide range of amenities, including two swimming pools, a fitness zone, a children’s play area, and wellness spaces for yoga and meditation. Additionally, there are communal areas such as an open BBQ zone and a lounge, where residents can relax and socialise. These amenities make Evergr1n House 2 not just a place to live, but a place to enjoy all the conveniences of modern life.

Prime location in Al Satwa near key Dubai destinations

The location of Evergr1n House 2 in Al Satwa is one of the project’s greatest assets. This area combines the charm of old Dubai with the dynamism of a modern city. Residents have access to a wide range of shops, dining establishments, and cultural attractions. Furthermore, the project is a short distance from some of Dubai’s most iconic landmarks, such as the Burj Khalifa, Dubai Mall, and the Museum of the Future. Public transport is excellent, with Sheikh Zayed Road and the World Trade Centre Metro station in the immediate vicinity. For those who enjoy the sun and sea, Jumeirah Beach and La Mer Beach are within a 10-minute drive. This ideal location makes Evergr1n House 2 a perfect base for both work and leisure, making it an attractive option for both expatriates and local residents.

Flexible payment plan for Evergr1n House 2 homes

The payment plan for Evergr1n House 2 is designed to offer investors and buyers maximum flexibility. The plan stipulates a payment of 50% during the construction phase and the remaining 50% upon final completion. This allows buyers to spread their investment and facilitates easier financial planning. It is important to emphasise that this payment plan contains no additional fees or hidden conditions, making it a transparent and reliable option. For international buyers interested in this project, we are ready to answer all questions and assist with the purchasing procedure. We can also advise on financing options and other practical matters, so you can invest in this promising project with confidence.

Read the full description Show less

Payment plan for Evergr1n House 2

50%50%

50%

During construction, in instalments

AED 496,000

≈ € 119,000

50%

After handover

AED 496,000

≈ € 119,000

Percentages are based on the starting price and are indicative. The developer determines the exact instalments. Please contact us for more information about the payment plans.

Monthly payments and your own funds

How much do you need for Evergr1n House 2, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE? No, non-resident Yes, UAE resident

Purchase price AED 992,000 Finance at handover 50% Maximum 50%: 50% is due at handover, and banks generally finance no more than 50% for non-residents. Interest rate 3.6% Term 25 years

Monthly payments after handover

AED 2,510

≈ € 600 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan: AED 496,000≈ € 119,000
Your funds at handover: AED 0≈ € 0
Mortgage at handover: AED 496,000≈ € 119,000
Purchase costs4% DLD fee and mortgage costs: AED 46,750≈ € 11,200
Total funds required: AED 542,750≈ € 130,300

Request finance guidance for Evergr1n House 2

How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)	Maximum mortgage
First home up to AED 5m	80%
First home above AED 5m	70%
Second home or investment	60%
Off-plan, before handover	50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

About Object 1

Object 1 is a leading developer in Dubai, specialising in off-plan property projects. On this page, you will find a complete overview of all projects currently under development. From luxury apartments to modern villas, Object 1 offers diverse investment opportunities. One of the most talked-about projects is the recently announced Skyline Residence in Business Bay, with units starting from AED 1,200,000 and areas starting from 75 m².

In addition, Marina Heights is a popular project in Dubai Marina, where investors can benefit from sea and skyline views. Every Object 1 project is characterised by attention to detail, high-quality materials, and strategic locations. Are you interested in a specific project? Please contact us for more information.

All projects by Object 1

Similar projects