Parkwood: off-plan project in Dubai Hills Estate
Parkwood is an off-plan residential apartment project in Dubai Hills Estate, registered with the Dubai Land Department as project no. 3488 and developed by Dubai Hills Estate L.L.C. From October 16, 2025 to October 16, 2026, 76 off-plan sales were registered there at a median price of AED 2,006,888 (AED 2,413 per sq ft); 80% of sales fall between AED 1,790,629 and AED 7,845,888.
- 76off-plan sales in 12 months
- AED 2,006,888median sale price
- AED 2,413median price per sq ft
- 0%construction progress (DLD)
- January 2029end date in the register
- 488registered 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 2,413 per sq ft, Parkwood is in line with the median of off-plan sales across the 16 projects tracked in Dubai Hills Estate (AED 2,490 per sq ft), and 36.5% above the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 76 off-plan sales in 12 months, about 6 a month; number 5 by sales in Dubai Hills Estate over the period.
- Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end January 2029.
- Profile: the best-selling type (apartment · 1 bedroom) makes up 50% of sales, alongside 2 other types.
Parkwood: 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 | 3488 |
| Registered developer | Dubai Hills Estate L.L.C (developer no. 984) |
| Community (master project) | Dubai Hills Estate |
| DLD area | Hadaeq Sheikh Mohammed Bin Rashid |
| Register status | not started |
| Construction progress | 0% |
| Project start | May 2, 2025 |
| Planned end | January 31, 2029 |
| Registered units | 488 units |
| Buildings | 3 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Parkwood off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 1 bedroom, at a median AED 1,839,252.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · 1 bedroom | 38 | AED 1,839,252 | 1,772,532 – 1,994,388 | 71 m² (764 sq ft) | AED 2,392 |
| Apartment · 2 bedrooms | 21 | AED 3,314,888 | 3,163,888 – 3,404,888 | 121 m² (1,302 sq ft) | AED 2,551 |
| Apartment · 3 bedrooms | 17 | AED 7,845,888 | 4,591,088 – 7,845,888 | 358 m² (3,853 sq ft) | AED 2,034 |
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 · 1 bedroom: 50% of off-plan sales, with a median size of 71 m² (68 to 77 m² for 80% of them).
- Apartment · 1 bedroom: 50% (38 sales)
- Apartment · 2 bedrooms: 27.6% (21 sales)
- Apartment · 3 bedrooms: 22.4% (17 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Parkwood off-plan price by quarter
The median off-plan price per sq ft moved from AED 2,535 in Q1 2025 to AED 2,493 in Q3 2026 (-1.6%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2025 | 25 | AED 2,535 | — |
| Q2 2025 | 274 | AED 2,541 | +0.2% |
| Q3 2025 | 24 | AED 2,457 | -3.3% |
| Q4 2025 | 40 | AED 2,381 | -3.1% |
| Q1 2026 | 21 | AED 2,415 | +1.5% |
| Q2 2026 | 12 | AED 2,526 | +4.6% |
| Q3 2026 | 7 | AED 2,493 | -1.3% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Dubai Hills Estate
To gauge the rental market around Parkwood: annual rents of Ejari contracts registered in Dubai Hills Estate over the last 12 months (5,014 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 109 | AED 70,000 | 63,000 – 75,000 |
| Apartment · 1 bedroom | 2,401 | AED 90,000 | 80,000 – 107,500 |
| Apartment · 2 bedrooms | 2,056 | AED 140,000 | 120,000 – 170,000 |
| Apartment · 3 bedrooms | 445 | AED 245,000 | 210,000 – 300,000 |
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 Parkwood?
Parkwood is in Dubai Hills Estate (DLD area Hadaeq Sheikh Mohammed Bin Rashid), Dubai.
Further reading
- All off-plan projects in Dubai Hills Estate
- All DLD sales at Parkwood (new and resale)
- Dubai Hills Estate property prices
- Dubai Hills Estate rents
- All Dubai Hills Estate L.L.C projects
Other off-plan projects in Dubai Hills Estate
- Palace Residences Hillside A — AED 2,594/sq ft
- Greencrest — AED 2,141/sq ft
- Rosehill — AED 2,246/sq ft
- Vida Residences Hillside — AED 2,490/sq ft
- Elvira — AED 2,514/sq ft
- Hillsedge — AED 2,495/sq ft
- City View Dubai Hills Residences — AED 2,794/sq ft
- Greenside Residence — AED 2,271/sq ft
More projects by Dubai Hills Estate L.L.C
- Palace Residences Dubai Hills Estate
- Club Place
- Park Lane
- Address Residences l Dubai Hills Estate
- Golf Hillside
- Parkside Views
Same budget elsewhere in Dubai (around AED 2,006,888)
- Symbolic Zen Residences, Al Furjan — AED 2,010,000
- Vista Ridge, Dubai World Central — AED 2,003,888
- Agua Residences by Citi Developers - Tower 1, Palm Deira — AED 2,016,403
- Oceanz 2 By Danube, Dubai Maritime City — AED 2,000,000
- Imtiaz Symphony Tower, Bukadra — AED 2,000,000
- Binghatti Aquarise, Business Bay — AED 2,032,837
Projects presented by Cevitas
Frequently asked questions
How much does a home at Parkwood cost?
Over the last 12 months, the 76 off-plan sales registered with the DLD show a median price of AED 2,006,888, or AED 2,413 per sq ft; 80% fall between AED 1,790,629 and AED 7,845,888. The developer's current prices are on its price list.
When will Parkwood be completed?
In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of January 31, 2029. The handover date is confirmed by the developer.
Who is the developer of Parkwood?
The DLD register lists Dubai Hills Estate L.L.C (developer no. 984).
What unit types are sold at Parkwood?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (38), apartment · 2 bedrooms (21), apartment · 3 bedrooms (17). Best-selling type: apartment · 1 bedroom, at a median AED 1,839,252 for 71 m².
Has the price per sq ft at Parkwood changed?
The median off-plan price moved from AED 2,535 per sq ft in Q1 2025 to AED 2,493 in Q3 2026, based on DLD-registered sales.
How do I get the Parkwood 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.