Park Views Residences B: off-plan project in Wasl 1
Park Views Residences B is an off-plan residential apartment project in Wasl 1, registered with the Dubai Land Department as project no. 2576 and developed by Park 1 L.L.C. From October 16, 2025 to October 16, 2026, 38 off-plan sales were registered there at a median price of AED 2,454,888 (AED 2,043 per sq ft); 80% of sales fall between AED 2,158,644 and AED 3,571,677.
- 38off-plan sales in 12 months
- AED 2,454,888median sale price
- AED 2,043median price per sq ft
- 53%construction progress (DLD)
- March 2027end date in the register
- 476registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 2,043 per sq ft, Park Views Residences B is 12% below the median of off-plan sales across the 4 projects tracked in Wasl 1 (AED 2,322 per sq ft), and 15.6% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 38 off-plan sales in 12 months, about 3 a month; number 3 by sales in Wasl 1 over the period.
- Construction: 53% complete in the DLD register, construction is under way; planned end March 2027.
- Profile: the best-selling type (apartment · 2 bedrooms) makes up 52.6% of sales, alongside 3 other types.
Park Views Residences B: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 2576 |
| Registered developer | Park 1 L.L.C (developer no. 1203) |
| Community (master project) | Wasl 1 |
| DLD area | Al Kifaf |
| Register status | active |
| Construction progress | 53% |
| Project start | March 1, 2023 |
| Planned end | March 1, 2027 |
| Registered units | 476 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Park Views Residences B off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 2 bedrooms, at a median AED 2,256,277.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · 2 bedrooms | 20 | AED 2,256,277 | 2,175,399 – 2,500,000 | 105 m² (1,130 sq ft) | AED 1,989 |
| Apartment · 3 bedrooms | 15 | AED 3,438,777 | 3,123,377 – 3,633,111 | 153 m² (1,647 sq ft) | AED 2,092 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 2 bedrooms: 52.6% of off-plan sales, with a median size of 105 m² (103 to 112 m² for 80% of them).
- Apartment · 2 bedrooms: 52.6% (20 sales)
- Apartment · 3 bedrooms: 39.5% (15 sales)
- Apartment · 1 bedroom: 5.3% (2 sales)
- Apartment · 4 bedrooms: 2.6% (1 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Park Views Residences B off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,118 in Q1 2024 to AED 2,217 in Q3 2026 (+4.7%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2024 | 15 | AED 2,118 | — |
| Q2 2024 | 40 | AED 1,987 | -6.2% |
| Q3 2024 | 111 | AED 2,017 | +1.5% |
| Q4 2024 | 59 | AED 2,066 | +2.5% |
| Q1 2025 | 15 | AED 2,029 | -1.8% |
| Q2 2025 | 19 | AED 2,046 | +0.8% |
| Q3 2025 | 22 | AED 2,068 | +1.1% |
| Q4 2025 | 12 | AED 2,013 | -2.7% |
| Q1 2026 | 9 | AED 2,077 | +3.2% |
| Q2 2026 | 8 | AED 1,938 | -6.7% |
| Q3 2026 | 8 | AED 2,217 | +14.4% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Wasl 1
To gauge the rental market around Park Views Residences B: annual rents of Ejari contracts registered in Wasl 1 over the last 12 months (640 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · 1 bedroom | 240 | AED 105,000 | 95,000 – 112,000 |
| Apartment · 2 bedrooms | 364 | AED 150,000 | 140,000 – 160,000 |
| Apartment · 3 bedrooms | 29 | AED 220,000 | 195,000 – 245,000 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Park Views Residences B?
Park Views Residences B is in Wasl 1 (DLD area Al Kifaf), Dubai.
- Nearest metro station: Al Jafiliya Metro Station
- Nearest shopping mall: Dubai Mall
- Nearest landmark: Burj Khalifa
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Wasl 1
- All DLD sales at Park Views Residences B (new and resale)
- Wasl 1 property prices
- Wasl 1 rents
- All Park 1 L.L.C projects
Other off-plan projects in Wasl 1
- Avenue Park Towers — AED 2,322/sq ft
- Park Views Residences A — AED 2,152/sq ft
- Avenue Park Towers II — AED 2,297/sq ft
Same budget elsewhere in Dubai (around AED 2,454,888)
- Wynwood Residences by Imtiaz, Palm Deira — AED 2,430,209
- Sobha Central Phase II, DMCC EZ2 — AED 2,461,959
- Sobha Hartland Waves Opulence, Sobha Hartland — AED 2,421,825
- Expo City Mangrove Residences, Expo City — AED 2,466,691
- Creek Waters 2, Dubai Creek Harbour — AED 2,414,000
- Fior 1, Mina Rashid — AED 2,466,888
Projects presented by Cevitas
Frequently asked questions
How much does a home at Park Views Residences B cost?
Over the last 12 months, the 38 off-plan sales registered with the DLD show a median price of AED 2,454,888, or AED 2,043 per sq ft; 80% fall between AED 2,158,644 and AED 3,571,677. The developer's current prices are on its price list.
When will Park Views Residences B be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 53% complete, with a planned end date of March 1, 2027. The handover date is confirmed by the developer.
Who is the developer of Park Views Residences B?
The DLD register lists Park 1 L.L.C (developer no. 1203).
What unit types are sold at Park Views Residences B?
Off-plan sales over the last 12 months cover: apartment · 2 bedrooms (20), apartment · 3 bedrooms (15), apartment · 1 bedroom (2), apartment · 4 bedrooms (1). Best-selling type: apartment · 2 bedrooms, at a median AED 2,256,277 for 105 m².
Has the price per sq ft at Park Views Residences B changed?
The median off-plan price moved from AED 2,118 per sq ft in Q1 2024 to AED 2,217 in Q3 2026, based on DLD-registered sales.
How do I get the Park Views Residences B price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.