Park Residency

1. Is it on schedule?0% built in November 2026 against a July 2029 handover: 100% left to build in 32 months · DLD project register, Nov 20260%Context
2. Is my money protected?Payments go to an escrow account at يونايتد بنك ليمتد (مكتب ادارة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,448/sqft, 19.2% above the International City Phase 2 off-plan median across 31 projects+19.2%Context
4. Is it selling?8 off-plan sales registered in the last 12 months, of 98 units; the latest on 1 Oct 20268Context
5. Who is building it?Park Residency, licence no. 2467Context

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 pending project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

يونايتد بنك ليمتد (مكتب ادارة)

Developer, as licensed

PARK RESIDENCY REAL ESTATE DEVELOPMENT L.L.C (no. 2467)

Master developer

International City LLC

Registered start

July 2026

Configuration

Residential Building(B+G+6)

Construction progress is the percentage DLD recorded in its project register as of November 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 2 Nov 2026.

When is Park Residency handed over?

The developer registered handover for July 2029, 32 months after DLD’s latest record, and the project was 0% built as of November 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of November 2026.

How far along is construction of Park Residency?

Park Residency was 0% built as of November 2026, the Land Department’s recorded progress, not a developer claim. Dubai Land Department project register as of November 2026.

Who is the developer of Park Residency?

PARK RESIDENCY REAL ESTATE DEVELOPMENT L.L.C, licence no. 2467, by the register’s own licence number; the master developer that owns the land is International City LLC. Dubai Land Department project register as of November 2026.

What does Park Residency cost per square foot?

AED 1,448 per sqft, the median of 8 registered off-plan sales in the 12 months to 2 Nov 2026; the median unit sold for AED 563,618. That is 19.2% above the International City Phase 2 off-plan median across 31 projects.

Is Park Residency in escrow?

Yes: the Land Department register names يونايتد بنك ليمتد (مكتب ادارة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of November 2026.

How many units does Park Residency have?

98 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 November 2026.