South Park Residences — project image
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
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 112,190 / year
Cash-on-Cash
2.2%
Levered cashflow AED 26,390
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.20M / 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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Astraterra Properties

Official Documents

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Payment Structure

Developer payment plan available

Published payment summary

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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 Industrial City

Developer and Project Facts

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

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