“Park Views Residences Tower A”
Off-Plan

“Park Views Residences Tower A”

From AED 3.47M·Handover Mar 2027·10% down payment Payment
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AED 3.47M
Starting Price
Mar 2027
Handover
10% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Park Views Residences Tower A is a luxury complex from developer Wasl with spectacular views of Zabeel Park. The project is part of the master plan of the multifunctional complex Wasl 1. The tower includes three basement levels, one ground and fourty two residential floors and a two-leveled roof, which feature a wide range of elegantly decorated apartments with one to four bedrooms. The exterior of the complex stands out for its modern and stylish design. Architectural solutions combine functionality and aesthetics, creating an attractive building appearance. Panoramic glazing provides wonderful views of the surrounding landscape. The interiors of the apartments are distinguished by their exquisite design and attention to detail. Thoughtful layouts, high-quality finishing materials and modern equipment create an atmosphere of luxury and comfort. Premium class amenities are available to residents, namely: children's playgrounds and barbecue areas, access to shops, restaurants and recreation areas, as well as entertainment facilities. Among the exclusive amenities for the residents of the tower are a swimming pool and a gym. The project is characterized by excellent transport accessibility and proximity to the main attractions of Dubai. The complex is located in the immediate vicinity of the Max Metro Station, which provides convenient transportation around the city.

Project Specifications
DeveloperWasl
LocationAl Kifaf
Unit Types2 BR, Apartments
AreaAl Kifaf
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 149,678 / year
Cash-on-Cash
2.2%
Levered cashflow AED 35,208
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 225,471 / 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 Views Residences Tower A” launch basis3,854AED 3.47MCurrent launch / asking basis
Al Kifaf ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Kifaf premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

“Park Views Residences Tower A” — View 2
“Park Views Residences Tower A” — View 3
“Park Views Residences Tower A” — View 4
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“Park Views Residences Tower A” official render 1

“Park Views Residences Tower A” official render 1

“Park Views Residences Tower A” official render 2

“Park Views Residences Tower A” official render 2

“Park Views Residences Tower A” official render 3

“Park Views Residences Tower A” official render 3

“Park Views Residences Tower A” official render 4

“Park Views Residences Tower A” official render 4

“Park Views Residences Tower A” official render 5

“Park Views Residences Tower A” official render 5

“Park Views Residences Tower A” official render 6

“Park Views Residences Tower A” official render 6

“Park Views Residences Tower A” official render 7

“Park Views Residences Tower A” official render 7

“Park Views Residences Tower A” official render 8

“Park Views Residences Tower A” official render 8

“Park Views Residences Tower A” official render 9

“Park Views Residences Tower A” official render 9

“Park Views Residences Tower A” official render 10

“Park Views Residences Tower A” official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Wasl.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

“Park Views Residences Tower A” — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Basketball court
Community Lawn
Covered Parking
Indoor Multipurpose Space
Kids Play Area
Kids splash pad
Landscaped garden
Leisure areas
Lift
Lobby
Pool Deck
Retail outlets
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Walking paths

Location

Al Kifaf

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al KifafAl KifafDubai, UAE

Developer Track Record

01

“Park Views Residences Tower A” by Wasl

02

Located in Al Kifaf

03

Starting from AED 3,468,777

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Mar 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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