Park Residency — project image
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Park Residency

From AED 561,875·Completed Contact for handover timeline·5% down payment Payment
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AED 561,875
Starting Price
Contact for handover timeline
Handover
5% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Park Residency is a residential complex developed by Park Group, located in the Warsan 4 area of Dubai. The complex is designed in an elegant architectural style featuring an expressive façade, panoramic glazing, and decorative lighting, creating a stylish and memorable appearance. The project offers studios as well as one- and two-bedroom apartments, distinguished by well-thought-out layouts and high functionality. The interiors are finished in a contemporary minimalist style, using high-quality materials, light color palettes, and built-in German kitchen appliances. Residents have access to a wide range of amenities, including adult and children’s swimming pools, a fully equipped gym with cardio and strength zones, a padel court, a rooftop jogging track, an outdoor cinema, lounge areas, and landscaped rooftop spaces. The convenient location ensures quick access to key city destinations: Blue Line Metro — 5 minutes on foot, Dubai International Airport — 15 minutes by car, Downtown Dubai and Dubai Mall — 20 minutes, as well as direct access to Sheikh Mohammed Bin Zayed Road. EOI: 30 000 AED The launch date will be announced later

Project Specifications
DeveloperPark Group
LocationDubai International City
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai International City
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 24,245 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,703
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 258,463 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Park Group.

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Payment Structure

5% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
BBQ
Broadband Internet
Children’s pool
Covered Parking
Jogging tracks
Landscaped garden
Lavish Sundeck
Lift
Lobby
Outdoor cinema
Paddle court
Pool Deck
Resting Areas
Shared gym
Social zone

Location

Park Residency location map
Project location

Nearby Destinations

Dubai International City

Developer and Project Facts

01

Park Residency by Park Group

02

Located in Dubai International City

03

Starting from AED 561,875

04

Unit mix includes Studio, 1 BR, 2 BR, Apartments

05

Official brochure and PDF marketing materials available

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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