- From
- AED 539K
- ≈ $147K
- Handover
- Q3 2029
- 0% built
- Homes
- Studio to 2 bed
- 369 – 1,133 sqft · 98 units
Price per sqft vs registered sales
Dubai Land Department open dataAED 1,322/sqft (est.)
The DLD median for apartments in Al Warsan is AED 1,256/sqft (as of 25 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
How the 60 was scored
6 of 7 factors · 95% of the weight · 25 Sep 2026- Price against what buyers actually paidAssessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterAssessed · weight 10
- Construction on scheduleAssessed · weight 10
- The basics on fileNot assessed · weight 5
67 → 60 25 Sep 2026, developer record factorScored since 24 Sep 2026 · 1 change
Capped at 60: a project scores at most 15 above its developer's rating of 45. The factors alone give 63.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full working behind the 60
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- Projects covered
- 1,740
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2029
Announced · 0% built, the DLD's project register, 24 Sep 2026
What this means
Park Residency is due to hand over in Q3 2029. Construction is 0% complete according to the DLD's project register (24 Sep 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
20/30/10 + 40 post-handover
- Down payment
- 20%
- During construction
- 30%
- On handover
- 10%
- After handover
- 40%
What you’d pay and when
On the starting price of AED 538,891, as the plan splits it.
- 20% at bookingAED 107,778≈ $29.3K
- 30% during construction, until handover (Q3 2029)AED 161,667≈ $44K
- 10% on handover (Q3 2029)AED 53,889≈ $14.7K
- 40% after handover (Q3 2029)AED 215,557≈ $58.7K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Part of the price is paid after the keys. How post-handover payment plans work, and which other projects offer one.
Unit types
from AED 539KStudio
from 369 sqft
1 bed
from 690 sqft
2 bed
from 1,133 sqft
Apartment · 98 homes · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Apartment | Studio | from 369 | AED 539K | AED 1,460 |
| Apartment | 1 bed | from 690 | AED 966K | AED 1,400 |
| Apartment | 2 bed | from 1,133 | AED 1.5M | AED 1,322 |
DLD registration status
- Project registration4322
- Escrow account200930376
- Developer licenceNot published yet
Where the figures come from, and what escrow means
Park Residency is registered with the Dubai Land Department (DLD) under project number 4322. Buyer payments go to escrow account 200930376. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/park-group/park-residency), read 2026-09-24; found in the Dubai web sweep; 7 off-plan sales registered with the DLD in 2026 under "Park Residency". Construction figure from the DLD's project register, 24 Sep 2026. Launch date from the DLD's project register.
About
Park Residency is Park's 7-storey apartment tower of 98 homes in Al Warsan, Dubai, with studios to two-bedroom apartments from about 369 to 1,133 sq ft.
Read more
Prices start at AED 538,891 on a 20% booking, 30% during construction, 10% on handover and 40% after handover plan, with handover listed for the third quarter of 2029. The project is registered in Dubai as 4322, escrow account 200930376, and stood at 0% built at the register's last reading (2026-09-24).
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Park apartment tower in Al Warsan
- Studios to two-bedroom apartments from 369 sq ft
- 20/30/10/40 post-handover payment plan
- Handover Q3 2029
- Developer
- Park Group
- Area
- Al Warsan
- Status
- Announced
- Sales launch
- 20 Jul 2026
- Total units
- 98
- Storeys
- 7
- Ownership
- Freehold
Amenities
- Indoor Swimming Pool
- Landscaped Gardens
- CCTV Security
- Gymnasium
- Restaurants
- Children's Play Area
Al Warsan · Dubai
District on Dubai's eastern edge beside International City, where a cluster of new mid-rise apartment buildings is being built in Al Warsan 4.
More in Al Warsan
Compare side by sideAll projects in Al WarsanPark Residency: questions buyers ask
How much does Park Residency cost?
Prices at Park Residency start from AED 538,891 (about $147K) for studios, 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at Park Residency?
The asking price is around AED 1,322 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the Park Residency handover date?
Park Residency is expected to hand over in Q3 2029. The project is announced, 0% built according to the DLD's project register. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the Park Residency payment plan?
Park Residency is offered on a 20/30/10 + 40 post-handover plan: 20% on booking, 30% during construction and 10% at handover, with 40% spread after you get the keys. Developers change plans between phases, so confirm yours before signing.
What is the Rendr Score of Park Residency?
Park Residency scores 60 of 100 on the Rendr Score, fair, as of 25 Sep 2026. The score weighs seven factors: the price against what buyers paid in Al Warsan according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 6 of the 7 are assessed here, 95% of the weight. Our opinion, not investment advice; every input is on this page.
Who is the developer of Park Residency?
Park Residency is being developed by Park Group. It sits in Al Warsan, Dubai. You can see every project by Park Group we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at Park Residency?
Park Residency is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is Park Residency registered with DLD?
Park Residency is registered with the Dubai Land Department (DLD) under number 4322. Buyer payments go to escrow account 200930376. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 25 Sep 2026
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/park-group/park-residency), read 2026-09-24; found in the Dubai web sweep; 7 off-plan sales registered with the DLD in 2026 under "Park Residency"
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