AnnouncedApartment

Al Warsan · Dubai

Park Residency

by Park Group

© Park Group
60of 100
From
AED 539K
≈ $147K
Handover
Q3 2029
0% built
Homes
Studio to 2 bed
369 – 1,133 sqft · 98 units
Why 60? Unlock all 7 factor scores and the score history. Free.One sign-up opens the full working on all 1,740 projects for 90 days.Unlock →

Price per sqft vs registered sales

Dubai Land Department open data

AED 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
Confidence: lowThe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

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.

Share this score
Show this score on your site

Paste this where the badge should appear. It links back here and updates when the Rendr Score does.

Score card · Change card (1080 × 1350, for posting).

The full working behind the 60

Registered visitors
  • All 7 factor scores, with the figure and source behind each
  • Score history since 24 Sep 2026 and why each move happened
  • The same on all 1,740 projects, for 90 days

Free · 90 days · every project

Everything behind the 60, and behind every other score on the site.

One sign-up opens the full breakdown on all 1,740 projects for 90 days. Nothing to pay; the working is the product.

I am

By registering you agree that Rendr may contact you about the projects and market data on this site; tell us once and we stop. Not an enquiry about a property. Privacy.

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.

  1. 20% at bookingAED 107,778≈ $29.3K
  2. 30% during construction, until handover (Q3 2029)AED 161,667≈ $44K
  3. 10% on handover (Q3 2029)AED 53,889≈ $14.7K
  4. 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 539K

Studio

from 369 sqft

1 bed

from 690 sqft

2 bed

from 1,133 sqft

Apartment · 98 homes · Freehold

Full table
TypeBedroomsSize (sqft)PricePer sqft
ApartmentStudiofrom 369AED 539KAED 1,460
Apartment1 bedfrom 690AED 966KAED 1,400
Apartment2 bedfrom 1,133AED 1.5MAED 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
Open in the map

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.

Park 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
  1. 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"

Still weighing Park Residency?

The 7 factor scores and the score history are one sign-up away. Free, 90 days, every project.

Open the full working

From

AED 539K

Unlock the full breakdown · free