Parkway — project image
Off-Plan

Parkway

From AED 1.65M·Handover Jan 2028·20% down payment Payment
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AED 1.65M
Starting Price
Jan 2028
Handover
20% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Parkway is a contemporary residential development by Prestige One, located in the vibrant Meydan Horizon district of MBR City. Inspired by nature, the project’s architecture features smooth lines, landscaped podiums, and panoramic glazing that seamlessly blend the city’s energy with serene greenery. The design harmoniously combines aesthetics, comfort, and functionality, creating a private sanctuary in the heart of Dubai. The complex comprises a ground floor, a podium, and thirty-two residential levels. It offers one-, two-, and three-bedroom apartments with spacious layouts, large windows, and breathtaking views of the surrounding lagoons and lush parks. Residents of Parkway enjoy an exceptional range of amenities, including a residents’ lounge, yoga studio, children’s play areas, cinema, sauna, and both adult and children’s pools. Outdoor features include BBQ areas, a multi-sports court, and a mini golf course. Every detail is designed to inspire comfort, relaxation, and a sense of community. Ideally located in Meydan Horizon, Parkway provides excellent connectivity to Dubai’s key destinations: 3 minutes to Meydan Racecourse, 5 minutes to Meydan One Mall and Ras Al Khor Wildlife Sanctuary, 15 minutes to Dubai International Airport, and 18 minutes to Downtown Dubai and Burj Khalifa. Parkway offers a refined balance between urban convenience and natural tranquility, making it perfect for modern living and investment.

Project Specifications
DeveloperPrestige One
LocationBukadra
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaBukadra
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 71,197 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,747
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 759,000 / 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 Prestige One.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

BBQ
Bar
Broadband Internet
Children’s pool
Club house
Golf course
Kids Play Area
Kids splash pad
Landscaped garden
Leisure areas
Lift
Lobby
Outdoor cinema
Recreational areas
Shared gym & fitness
Social zone
Sports ground
Yoga studio

Location

Parkway location map
Project location

Nearby Destinations

Bukadra

Developer and Project Facts

01

Parkway by Prestige One

02

Located in Bukadra

03

Starting from AED 1,650,000

04

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

05

Expected handover: Jan 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

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

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