Urban - Park Residences
Off-Plan

Urban - Park Residences

From AED 722,820·Handover Oct 2026·10% down payment Payment
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AED 722,820
Starting Price
Oct 2026
Handover
10% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Urban – Park Residences is a high-rise building developed by Urban Venture Development. Located in the Dubai Sports City district, the complex features 187 apartments within a thoughtfully designed modern residential tower. The development offers a harmonious blend of form and functionality, consisting of a two basement levels, ground floor, 15 residential floors, and a rooftop. The exterior of Urban – Park Residences embraces a minimalist aesthetic with panoramic windows and spacious balconies. The project offers studios, one-bedroom, and two-bedroom apartments, each designed to maximize comfort and efficient use of space. Interiors feature ceiling heights of up to 3.1 meters, large windows, fully equipped kitchens, premium tiling, and countertops. Open-plan layouts and abundant natural light create a bright and spacious living environment. Residents benefit from 24-hour security, building management, Wi-Fi connectivity, concierge service, four high-speed elevators, smart home technology, ample parking, and a reception area with a 4.2-meter ceiling height. Nearby landmarks include Dubai International Cricket Stadium – 3 minutes, Dubai Autodrome – 8 minutes, Dubai Hills – 10 minutes, Mall of the Emirates – 12 minutes, Dubai Expo and Dubai Mall – 12 and 20 minutes respectively. Prestigious schools and major transport routes are also conveniently located nearby.

Project Specifications
DeveloperUrban Venture Real Estate Development
LocationDubai Sports City
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaDubai Sports 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 31,190 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,337
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 46,983 / 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
Urban - Park Residences launch basis803AED 722,820Current launch / asking basis
Dubai Sports City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Sports 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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Urban - Park Residences official render 1

Urban - Park Residences official render 1

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Urban - Park Residences official render 9

Urban - Park Residences official render 10

Urban - Park Residences official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Urban Venture Real Estate Development.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Urban - Park Residences — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Concierge Service
Covered Parking
Lift
Lobby
Maintenance warranty
Parking
Private Jacuzzi
Security and CCTV
Shared Pool
Shared gym & fitness
Smart home
Yoga studio

Location

Dubai Sports City

Nearby Destinations

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

Developer Track Record

01

Urban - Park Residences by Urban Venture Real Estate Development

02

Located in Dubai Sports City

03

Starting from AED 722,820

04

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

05

Expected handover: Oct 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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