South Park Residences
Off-Plan

South Park Residences

From AED 2.60M·Handover Dec 2027·Developer payment plan available Payment
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AED 2.60M
Starting Price
Dec 2027
Handover
Developer payment plan available
Payment Plan
4 BR · Townhouse
Type

Project Overview

South Park Residences is an exclusive townhouse complex designed to create an atmosphere of privacy and comfort, where every element aims to promote a sense of community among residents. The project offers the opportunity to live in a harmonious environment, surrounded by cozy green areas ideal for socializing and relaxation. South Park Residences features spacious four-bedroom townhouses, each with high-quality, elegant finishes that give the interiors a unique style and sophistication. The modern architecture of the complex blends harmoniously with the surrounding landscape, creating a sense of tranquility and comfort. Special attention is given to integrating living spaces with nature: the backyard flows seamlessly into the indoor area, creating ideal conditions for both family gatherings and private relaxation. Residents have access to a refreshing swimming pool, a modern padel court for active recreation, and a children’s play area. The convenient location of South Park Residences in Dubai Industrial City provides excellent transport accessibility to key destinations. Expo City is just 10 minutes away, Marina Mall is a 25-minute drive, Sapphire Mall is 10 minutes away, Al Maktoum Airport can be reached in 15 minutes, and Dubai International Airport in 40 minutes.

Project Specifications
DeveloperWellington Developments
LocationDubai Industrial City
Unit Types4 BR, Townhouse
AreaDubai Industrial City
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 112,190 / year
Cash-on-Cash
2.2%
Levered cashflow AED 26,390
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 169,000 / 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
South Park Residences launch basis2,889AED 2.60MCurrent launch / asking basis
Dubai Industrial City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Industrial City 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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South Park Residences official render 1

South Park Residences official render 1

South Park Residences official render 2

South Park Residences official render 2

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South Park Residences official render 3

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South Park Residences official render 4

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South Park Residences official render 7

Astraterra Properties

Official Documents

Download official marketing materials from Wellington Developments.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Covered gym
Fitness Zone
Leisure areas
Open Kids Play Area
Paddle court
Parking
Pets Allowed
Pool Deck
Recreational areas
Resting Areas
Security and CCTV
Shared Pool
Sitting Area
Social zone
Tennis court
Walking paths

Location

Dubai Industrial City

Nearby Destinations

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

Developer Track Record

01

South Park Residences by Wellington Developments

02

Located in Dubai Industrial City

03

Starting from AED 2,600,000

04

Unit mix includes 4 BR, Townhouse

05

Expected handover: Dec 2027

06

Official render/gallery images available

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