Parkgreen Residences
Off-Plan

Parkgreen Residences

From AED 889,934·Handover Dec 2027·20% down payment Payment
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AED 889,934
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Parkgreen Residences is a residential project by Alishaan Developments, located in the heart of Liwan. The building features nine residential floors above a ground floor and forms a calm community focused on family living and well-being. Parkgreen Residences offers one-, two- and three-bedroom apartments. The semi-furnished residences include fully equipped kitchens, while interiors feature light-filled layouts, natural textures and refined finishes designed for everyday comfort. The contemporary exterior combines clean architectural lines with nature-inspired elements and integrated greenery, creating a serene and balanced appearance. Residents enjoy a swimming pool, fitness studio, multipurpose room, co-working space, kids’ play area and landscaped community spaces. The complex offers convenient access to key destinations. Silicon Central Mall is 3 minutes away, GEMS FirstPoint School is 7 minutes away, Dubai Outlet Mall is 10 minutes away, Zayed University and Academic City are 12 minutes away, Dubai Hills Mall is 15 minutes away, Global Village is 18 minutes away, Downtown Dubai, Dubai Mall and Dubai International Airport are 20 minutes away.

Project Specifications
DeveloperAlishaan Developments
LocationLiwan
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaLiwan
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 38,401 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,033
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 57,846 / 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
Parkgreen Residences launch basis989AED 889,934Current launch / asking basis
Liwan ready-stock comps1,500AED 1.35MIndicative resale benchmark
Liwan 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 Alishaan Developments.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Billiards
Covered Kids Play Area
Covered gym
Coworking zone
Fitness Zone
Gaming Lounge
Indoor Multipurpose Space
Landscape Open Areas
Leisure areas
Lift
Lobby
Lounge
Pool Deck
Recreational areas
Resting Areas
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Table Tennis
Yoga Area

Location

Liwan

Nearby Destinations

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

Developer Track Record

01

Parkgreen Residences by Alishaan Developments

02

Located in Liwan

03

Starting from AED 889,934

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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