Parkwood

1. Is it on schedule?0% built in July 2026 against a January 2029 handover: 100% left to build in 30 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك أبوظبي الأول ش.م.ع., as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 2,411/sqft, 1.2% below the Dubai Hills Estate off-plan median across 30 projects-1.2%Context
4. Is it selling?77 off-plan sales registered in the last 12 months, of 487 units; the latest on 10 Sept 202677Context
5. Who is building it?Dubai Hills Estate, licence no. 984; 0 of its 13 dated live projects are past their registered dates0%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك أبوظبي الأول ش.م.ع.

Developer, as licensed

DUBAI HILLS ESTATE L.L.C (no. 984)

Master developer

Dubai Hills Estate

Registered start

May 2025

Configuration

Tower A: B + G + P + 20 floors, 184 Residential Units Tower B: B + G + P + 19 floors, 292 Residential Units Townhouses: G + 1, 11 Residential Units Clinic: G + 1

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Parkwood be completed?

The developer registered handover for January 2029, 30 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Parkwood cost per square foot?

AED 2,411 per sqft, the median of 77 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.01M. That is 1.2% below the Dubai Hills Estate off-plan median across 30 projects.

Is Parkwood in escrow?

Yes: the Land Department register names بنك أبوظبي الأول ش.م.ع. as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Parkwood?

DUBAI HILLS ESTATE L.L.C, licence no. 984, by the register’s own licence number; the master developer that owns the land is Dubai Hills Estate. Dubai Land Department project register as of July 2026.

How many units does Parkwood have?

487 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.