Parkgreen Residences by Alishaan

1. Is it on schedule?4% built in November 2026 against a June 2028 handover: 96% left to build in 19 months · DLD project register, Nov 20264%Context
2. Is my money protected?Payments go to an escrow account at مصرف الشارقه الاسلامى, as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,238/sqft, 13.2% below the Liwan off-plan median across 9 projects−13.2%Context
4. Is it selling?17 off-plan sales registered in the last 12 months, of 116 units; the latest on 2 Nov 202617Context
5. Who is building it?Alishaan, licence no. 2297Context

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

مصرف الشارقه الاسلامى

Developer, as licensed

ALISHAAN DEVELOPMENTS L.L.C (no. 2297)

Master developer

Liwan

Registered start

January 2026

Configuration

G+9+ RESIDENTIAL BUILDING

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 3 Nov 2026.

When is Parkgreen Residences by Alishaan handed over?

The developer registered handover for June 2028, 19 months after DLD’s latest record, and the project was 4% 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 Parkgreen Residences by Alishaan?

Parkgreen Residences by Alishaan was 4% 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 Parkgreen Residences by Alishaan?

ALISHAAN DEVELOPMENTS L.L.C, licence no. 2297, by the register’s own licence number; the master developer that owns the land is Liwan. Dubai Land Department project register as of November 2026.

What does Parkgreen Residences by Alishaan cost per square foot?

AED 1,238 per sqft, the median of 17 registered off-plan sales in the 12 months to 3 Nov 2026; the median unit sold for AED 845,105. That is 13.2% below the Liwan off-plan median across 9 projects.

Is Parkgreen Residences by Alishaan in escrow?

Yes: the Land Department register names مصرف الشارقه الاسلامى 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 Parkgreen Residences by Alishaan have?

116 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.