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Parkwood Residences by Arabian Gulf Properties, developer's renderOff-plan · Freehold
Jumeirah Village Circle · Dubai

Parkwood Residences

by Arabian Gulf Properties · handover Q4 2026

AED 828Kstarting price today
AED 2,403registered per sq ft
88sales in 12 months
662units
Get the brochure & planWhatsApp Atif
Q4 2026Planned handover
Arabian Gulf PropertiesDeveloper
662Units registered
Registered, not startedConstruction
FreeholdOwnership
3488DLD project number
About the project

Parkwood Residences, in plain numbers.

Parkwood Residences is an off-plan residential project by Arabian Gulf Properties in Jumeirah Village Circle (Hadaeq Sheikh Mohammed Bin Rashid), Dubai. It is registered with the Dubai Land Department as project 3488, a tower a: b + g + p + 20 floors, 184 residential units tower b: b + g + p + 19 floors, 292 residential units townhouses: g + 1, 11 residential units clinic: g + 1 scheme, with works dated from May 2025. Handover is planned for Q4 2026. 662 units are registered, mostly one-bedroom homes of about 786 sq ft and 2-bedroom homes of about 1,206 sq ft. The register shows 553 sales since October 2025, 88 of them in the last twelve months, at a median of AED 2,403 per sq ft.

Our view
  • Entry price under AED 1.2M
  • 4% above ready resales in Hadaeq Sheikh Mohammed Bin Rashid per sq ft
  • 88 registered sales in 12 months
  • Keys this year

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Parkwood Residences.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
Studio36538 sq ft18AED 729,3271,410
1 bedroom320786 sq ft238AED 1,805,3882,398
2 bedrooms2021,206 sq ft154AED 2,923,3882,602
3 bedrooms991,959 sq ft58AED 4,113,3882,520

Matched to the Land Department project Parkwood (project no. 3488).

Payment plan

How you pay.

The developer's payment plan is in the brochure pack.

Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.

Send me the payment plan
From the Land Department register

What Parkwood Residences actually sells for.

Registered sale prices, not the developer's list prices.

AED 2,403median per sq ft, last 12 months
86sales registered in 12 months
553sales registered in total, since October 2025
+4%against ready homes in Hadaeq Sheikh Mohammed Bin Rashid (AED 2,315 per sq ft)
1,0001,5002,0002,5003,000 2024 Q4: AED 1,223 per sq ft, 26 sales2025 Q1: AED 2,202 per sq ft, 45 sales2025 Q2: AED 2,536 per sq ft, 279 sales2025 Q3: AED 2,421 per sq ft, 32 sales2025 Q4: AED 2,377 per sq ft, 45 sales2026 Q1: AED 2,414 per sq ft, 20 sales2026 Q2: AED 2,514 per sq ft, 13 sales2026 Q3: AED 2,492 per sq ft, 8 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 2645279324520138 sales
1,0001,5002,0002,5003,000 2024 Q4: AED 1,223 per sq ft, 26 sales2025 Q1: AED 2,202 per sq ft, 45 sales2025 Q2: AED 2,536 per sq ft, 279 sales2025 Q3: AED 2,421 per sq ft, 32 sales2025 Q4: AED 2,377 per sq ft, 45 sales2026 Q1: AED 2,414 per sq ft, 20 sales2026 Q2: AED 2,514 per sq ft, 13 sales2026 Q3: AED 2,492 per sq ft, 8 sales Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 2645279324520138 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
10 Sept 20262 B/R1,310AED 3,293,8882,515Off-plan
10 Sept 20262 B/R1,310AED 3,265,2502,493Off-plan
24 Aug 20262 B/R1,302AED 3,241,8882,490Off-plan
4 Aug 20261 B/R718AED 862,0031,201Off-plan
27 Jul 20261 B/R824AED 1,933,8882,347Off-plan
24 Jul 20262 B/R1,233AED 3,416,8882,771Off-plan
23 Jul 20262 B/R1,302AED 3,163,8882,430Off-plan
21 Jul 20262 B/R1,075AED 2,819,8882,623Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Jumeirah Village Circle, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Parkwood Residences handed over?

The developer plans handover for Q4 2026. Launch dates can move, and we track the registered progress for you.

Who is the developer of Parkwood Residences?

Arabian Gulf Properties (registered as Dubai Hills Estate L.L.C). The project is registered with the Dubai Land Department as number 3488.

What is the payment plan for Parkwood Residences?

The developer shares the current plan with the price list; message us and we send both, usually the same day.

What is the price per square foot in Parkwood Residences?

Registered sales over the last 12 months have a median of AED 2,403 per sq ft, against about AED 2,315 for ready homes in Hadaeq Sheikh Mohammed Bin Rashid.

Can foreigners buy in Parkwood Residences?

Yes. Parkwood Residences is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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