Parkway
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
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 71,198 / year
Cash-on-Cash
2.2%
Levered cashflow AED 16,748
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 107,250 / 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
Parkway launch basis1,833AED 1.65MCurrent launch / asking basis
Bukadra ready-stock comps1,500AED 1.35MIndicative resale benchmark
Bukadra 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 Prestige One.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Parkway — 1 Bedroom Floor Plan

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

Bukadra

Nearby Destinations

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

Developer Track Record

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

Get Qualified for Parkway

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