Parkwood Residences
Arabian Gulf Properties · Jumeirah Village Circle · 174 homes · Under construction
A Arabian Gulf Properties project under construction in Jumeirah Village Circle: 174 homes, 57% built, with completion promised for Q2 2026 on the register, a date that has passed. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,142 per sqft, 1% below the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q3 2024 | 1,151 | 35 |
| Q4 2024 | 1,094 | 49 |
| Q1 2025 | 1,148 | 31 |
| Q3 2025 | 1,109 | 16 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs today. Launch to today.
24% under the Jumeirah Village Circle median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When will Parkwood Residences be completed?
The register declares completion for Q2 2026, and the project is reported 57% built. That date has passed without a handover on the register.
What do homes in Parkwood Residences sell for?
From Jul 2025 to Jun 2026, 22 homes sold on the register at a median of AED 1,142 per sqft and AED 1.05M per home. By unit type: Studio AED 770K (5 sales), 1 BR AED 1M (8 sales), 2 BR AED 1.38M (5 sales). These are registered deeds, not the developer's price list.
Who built Parkwood Residences?
Arabian Gulf Properties. The project is registered to Arabian Gulf Properties on the Dubai Land Department register, which lists 9 projects for the developer in Dubai, 3 of them under construction.
How many homes are in Parkwood Residences?
174, as counted on the Dubai Land Department register. The declared mix: 36 studios, 79 1 BR, 39 2 BR, 16 3 BR.
