Park Residency
✓ Resale Available

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 24,245 / year
Cash-on-Cash
1.8%
Levered cashflow AED 5,703
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 36,522 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Park Residency launch basis624AED 561,875Current launch / asking basis
Dubai International City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai International City premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

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

Flexible Payment

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Floor Plans

Park Residency — 1 Bedroom Floor Plan

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

Dubai International City

Nearby Destinations

Dragon Mart — 5 mins
Global Village — 15 mins
Dubai International Airport — 20 mins
Dubai Silicon Oasis — 12 mins
Dubai International CityDubai International CityDubai, UAE

Developer Track Record

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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