Parkwood Residences
- Under construction · 57% built · handover Q4 2025, overdue
- 7 floors
- 6 lifts
- 220 parking bays
- 1 pool
- Master developer Arabian Gulf
A 1 bed in Parkwood Residences costs a median AED 979,890.
1 bed · typical price
979,890AED
AED 1,186/sqft
- vs Jumeirah Village Circle
- 11% below the median
Cost to buy, all inAED 1.04M
- Price
- AED 979,890
- DLD fee 4%
- AED 39,196
- Agent 2% + VAT
- AED 20,578
- Trustee
- AED 4,200
Is Parkwood Residences a good investment?Prices rising; few units change hands and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Is it easy to let?None of the 170 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?All types: AED 1,123/sqft a year ago, 1,186 now+5.6%Strength
- How fast do fees pay back?AED 63,974 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 63,974
- Can I sell easily?8 sales in 12 months, 5% of the tower (94 the year before)8Watch
- Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
- Did earlier buyers gain?Up 5% for launch buyers, before fees+4.5%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Parkwood Residences prices and rents by unit typeA one-bed costs about AED 979,890
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Jumeirah Village Circle · area median AED 1,332/sqft
- vs area median
- -11.0%
- Rank by price per sqft
- 203rd of 299
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
- Thin sample — 4 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Aug 2024, AED 898,950; latest, Aug 2026, AED 862,003; peak, Feb 2025, AED 1,104,278.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,186 · before fees
- Launch, 2024–26
- 1,134
- +5%
- 139 sales
- Previous 12 months
- 1,123
- +6%
- 94 sales
- Last 12 months
- 1,186
- today
- 8 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Jumeirah Village Circle
Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. Parkwood Residences places 243rd of 352; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Parkwood Residences (AED 1,186/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Parkwood Residences has registered sale prices 11% below the Jumeirah Village Circle median price per square foot of 1,332 AED, across 299 eligible buildings. It ranks 203rd of 299 by price per square foot in Jumeirah Village Circle.
Market context in Jumeirah Village Circle
Registered sales activity
4,341 ready apartment sales in the 12 months to 2026-10-12.
+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.
Explore sales activityPlanned apartment projects
7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.
29 projects had already passed their planned date; 16 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.
Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.
The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Parkwood Residences
Parkwood Residences is an under-construction (57% built) apartment building by Arabian Gulf in Jumeirah Village Circle. 148 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 7
- Lifts
- 6
- Parking bays
- 220
- Pools
- 1
- Master developer
- Arabian Gulf
Drive times · typical
- Downtown
- 22 min · 22 km
- DXB Airport
- 24 min · 31 km
- DIFC
- 19 min · 26 km
- Dubai Marina
- 16 min · 14 km
- Palm Jumeirah
- 22 min · 19 km
Nearest, as registered
- Metro
- Nakheel Metro Station
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Parkwood Residences: AED 1,186 per sq ft, 13% below the median Jumeirah Village Circle building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Parkwood ResidencesAED 1,186
- Jumeirah Village Circle, readyAED 1,300
- Jumeirah Village Circle, off-planAED 1,575
- Dubai, readyAED 1,421
More from Arabian Gulf
The Corner
Dubailand Residence Complex · 95 sales, 12 months
1.11M
AED, resale median · 1,088/sqft
Ag Tower
Business Bay · 39 sales, 12 months
891,000
AED, resale median · 1,446/sqft
K1
Dubailand Residence Complex · 14 sales, 12 months
425,000
AED, resale median · 954/sqft
A 99
Dubailand Residence Complex · 7 sales, 12 months
1.10M
AED, resale median · 1,010/sqft
Nearby in Jumeirah Village Circle
Prices per sq ft around Parkwood Residences, on the mapPrices per sq ft around Parkwood Residences, on the map
Binghatti Apex
Jumeirah Village Circle · 288 sales, 12 months
912,500
AED, resale median · 1,497/sqft
Luma Park Views
Jumeirah Village Circle · 282 sales, 12 months
1.37M
AED, resale median · 1,603/sqft
Binghatti Royale
Jumeirah Village Circle · 135 sales, 12 months
1.97M
AED, resale median · 2,388/sqft
Binghatti Azure
Jumeirah Village Circle · 105 sales, 12 months
700,000
AED, resale median · 1,659/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedRead with care
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerRead with care
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Parkwood Residences’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Parkwood Residences?
- No gross yield is published for Parkwood Residences as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 4 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 7.4% gross.
- How much does a 1 bedroom in Parkwood Residences cost?
- The median registered sale price is AED 979,890 (1,186 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How many apartments change hands in Parkwood Residences?
- 4 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to Parkwood Residences?
- Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
For agents
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Parkwood Residences sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Parkwood Residences sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/parkwood-residences
Stable dataJSON