Park Residency von Park Gruppe

On sale now are 1 bedroom apartments of 691 to 915 sq ft and one 2 bedroom apartment of 1,132 sq ft. The building also includes studios.

Apartments currently start from AED 1,011,111 for a 1 bedroom, and the 2 bedroom is listed at AED 1,635,012. These are prices for units on sale today and may change.

The plan is 5/45/10/40: 5% down payment, three 5% instalments and then 1% a month for 30 months during construction, 10% on handover and 1% a month for 40 months after handover.

Handover is marketed for Q4 2028. The 10% handover payment falls due then, followed by 40 monthly instalments of 1%.

It is in Dubai International City, about 8 minutes by car from Dubai Silicon Oasis and roughly 21 minutes from Dubai International Airport.

Park Residency is developed by Park Group, which designed the building as a compact residence with most of its leisure facilities placed on the roof.

Residents have adult and children's pools, a poolside deck, a firepit lounge, an outdoor cinema, a rooftop jogging track, a gym, a padel court and basement parking.

The entry price, a service charge quoted at AED 13 per sq ft and 40% of the price payable after handover let investors collect rent while still paying off the unit.