PropertyIndex

Parkwood

Under Construction · Due Q1 2029|488 units · 3 buildings

Alerts: Get notified of every new DLD-registered sale and rental contract.

Parkwood is an under-construction apartment development by DUBAI HILLS ESTATE L.L.C in Dubai Hills Estate, Hadaeq Sheikh Mohammed Bin Rashid, comprising 488 registered units. 398 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,479 per sqft. At AED 2,479 per sqft, Parkwood prices 4% above the Dubai Hills Estate average of AED 2,374 per sqft on registered sales.

PIX© price · 2.1% YoY
2.81MAED
Typical
2,479AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
398
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Parkwood

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
727 – 18,100 sqft
4882.81M2,4792.1%
Residential
1 Bed · Apartment
727 – 830 sqft
241
2 Bed · Apartment
1,071 – 1,508 sqft
163
3 Bed · Apartment
1,577 – 3,868 sqft
83
Commercial
Clinic
18,100 sqft
1
No rental contracts registered — the project has not handed over.
Sales — Project-Wide398 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower & Floor Analysis
last 24 months
All towers · 387 sales
Floors 1-8 · 138 sales
Floors 9-20 · 249 sales
Tower B · 264 sales
Floors 1-8 · 102 sales
Floors 9-20 · 162 sales
Tower A · 123 sales
Floors 1-8 · 36 sales
Floors 9-20 · 87 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
27 Jul 20261 BedTower A · Floor 68241,933,8882,347Entry LevelOff-Plan Sale
24 Jul 20262 BedTower A · Floor 201,2333,416,8882,771PremiumOff-Plan Sale
22 Jul 20262 BedTower A · Floor 81,3023,163,8882,4300.0%Entry LevelOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Hills Estate

The closest-priced registered projects in Dubai Hills Estate.

Common questions about Parkwood

Answered from Dubai Land Department registered transactions.

How much does a property in Parkwood cost?

Property in Parkwood sells at a current PIX© price of AED 2,479 per sqft, or about AED 2,809,613 for a typical unit, based on 398 sales registered with the Dubai Land Department.

When is Parkwood handing over?

Parkwood is under construction, due q1 2029.

Who is the developer of Parkwood?

Parkwood is developed by DUBAI HILLS ESTATE L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Parkwood?

Parkwood holds 488 registered units, per the Dubai Land Department unit register.

Have prices in Parkwood gone up or down?

Price per sqft has risen +2.1% over the last 12 months, to AED 2,479, across 398 registered sales.