Urban - Park Residences — project image
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
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 31,190 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,337
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 332,497 / 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 Urban Venture Real Estate Development.

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Payment Structure

10% down payment

Published payment summary

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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 Sports City

Developer and Project Facts

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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Property Enquiries

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

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