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Off-planUnder construction

Parkwood Residences

by Arabian Gulf Properties Jumeirah Village Circle

About Parkwood Residences

Parkwood Residences is a residential building by Arabian Gulf Properties, in Jumeirah Village Circle, Dubai. It rises 6 storeys (1 basement level, a ground floor and 5 floors), built as a concrete structure with internal and external finishes. The project comprises 174 homes.

Key information

Arabian Gulf Properties
Developer
Arabian Gulf Properties
Expected handover
TBC
Status
Under construction
Location
Jumeirah Village Circle, Dubai
Master project
Jumeirah Village Circle
Construction started
2023
Number of buildings
1
Number of units
174
Registered with DLD
03 Jun 2024
Escrow bank
Mashreq Bank
Escrow account no.
019500000616
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2023
  2. Under construction
    52% complete
  3. Expected handover
    TBC

Construction progress

49 inspection photos from the Dubai Land Department. Latest 01 Jun 2026 at 52% complete.

Parkwood Residences construction — photo 1
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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
6 Elevators
7 Floors
Retail & Shops

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
148
Median price
AED 1.0M
Median price / sqft
AED 1K+2%
Off-plan share
100%

Priced 0% above than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio26520 sqftAED 722KAED 1K
1 Bed70858 sqftAED 992KAED 1K
2 Bed361,271 sqftAED 1.3MAED 1K
3 Bed161,807 sqftAED 1.8MAED 1K

Price per sqft by year

+2% since 2024

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
04 Aug 2026Off-plan718 sqftAED 862KAED 1K
06 Jul 2026Off-plan1,338 sqftAED 1.2MAED 878
01 Apr 2026Off-plan484 sqftAED 705KAED 1K
19 Nov 2025Off-plan863 sqftAED 1.0MAED 1K
17 Nov 2025Off-plan1,842 sqftAED 2.1MAED 1K
06 Nov 2025Off-plan718 sqftAED 949KAED 1K
20 Oct 2025Off-plan982 sqftAED 1.1MAED 1K
13 Oct 2025Off-plan553 sqftAED 673KAED 1K

Unit mix

174 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Commercial4-
Studio36467 - 652 sqft
1 B/R79631 - 1,331 sqft
2 B/R391,185 - 1,771 sqft
3 B/R161,496 - 2,893 sqft

Payment plan

Payment plans are set by Arabian Gulf and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

Parkwood Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 52% complete.

Other new projects in Jumeirah Village Circle

More off-plan launches around Jumeirah Village Circle.

Handover TBC52% complete

Parkwood Residences

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