Park Views Residences Tower B
Off-Plan

Park Views Residences Tower B

From AED 3.88M·Handover Oct 2026·10% down payment Payment
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AED 3.88M
Starting Price
Oct 2026
Handover
10% down payment
Payment Plan
3 BR · Apartments
Type

Project Overview

Park Views Residences Tower B is a luxury development by developer Wasl with impeccable interior finishes, spacious apartments and breathtaking views of Zabeel Park. The tower has three basement and one ground levels, fourty four residential floors as well as a roof that consists of two levels. This tower offers a wide range of elegantly designed 1-4 bedroom apartments with attention to every detail. Each residence has a balcony or terrace to enjoy the luxurious views of Zabeel Park. Residents have access to premium amenities that a discerning homeowner can only dream of! Namely, children's playgrounds and barbecue areas, access to shopping, dining and recreational facilities, and entertainment for all. Exclusive amenities for tower residents include a swimming pool and gym. Park Views Residences Tower B is very well-located, providing easy access to all points of the city. There are major roads and transportation hubs nearby: Sheikh Zayed Road, Metro Max. Located in a vibrant neighborhood, the complex allows residents to enjoy proximity to parks, shopping centers, restaurants and entertainment facilities. There are also important social infrastructure facilities nearby. Burj Khalifa and Dubai Mall are just 10 minutes away from the complex. It will also be convenient to reach the Max metro station.

Project Specifications
DeveloperWasl
LocationAl Kifaf
Unit Types3 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 167,326 / year
Cash-on-Cash
2.2%
Levered cashflow AED 39,359
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 252,056 / 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 B launch basis4,309AED 3.88MCurrent 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 B — View 2
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Park Views Residences Tower B official render 1

Park Views Residences Tower B official render 1

Park Views Residences Tower B official render 2

Park Views Residences Tower B official render 2

Park Views Residences Tower B official render 3

Park Views Residences Tower B official render 3

Park Views Residences Tower B official render 4

Park Views Residences Tower B official render 4

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Park Views Residences Tower B official render 5

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Park Views Residences Tower B official render 6

Park Views Residences Tower B official render 7

Park Views Residences Tower B official render 7

Park Views Residences Tower B official render 8

Park Views Residences Tower B official render 8

Park Views Residences Tower B official render 9

Park Views Residences Tower B official render 9

Park Views Residences Tower B official render 10

Park Views Residences Tower B 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 B — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym
Shared gym & fitness
Social zone
Sports ground
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 B by Wasl

02

Located in Al Kifaf

03

Starting from AED 3,877,777

04

Unit mix includes 3 BR, Apartments

05

Expected handover: Oct 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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