Silver Park Residency: off-plan project in International City Phase 3
Silver Park Residency is an off-plan residential apartment project in International City Phase 3, registered with the Dubai Land Department as project no. 3236 and developed by Manjothi Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 20 off-plan sales were registered there at a median price of AED 688,088 (AED 960 per sq ft); 80% of sales fall between AED 477,273 and AED 1,150,520.
- 20off-plan sales in 12 months
- AED 688,088median sale price
- AED 960median price per sq ft
- 55.6%construction progress (DLD)
- October 2025end date in the register
- 76registered 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 960 per sq ft, Silver Park Residency is 17.1% below the median of off-plan sales across the 16 projects tracked in International City Phase 3 (AED 1,159 per sq ft), and 45.7% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 20 off-plan sales in 12 months, about 2 a month; number 14 by sales in International City Phase 3 over the period.
- Construction: 55.6% complete in the DLD register, construction is under way; planned end October 2025.
- Profile: a concentrated project, 65% of sales are the same unit type (apartment · 1 bedroom).
- Secondary market: 20 resales of completed units were also registered over 12 months.
Silver Park Residency: 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 | 3236 |
| Registered developer | Manjothi Real Estate Development L.L.C (developer no. 1993) |
| Master developer | International City (L.L.C) |
| Community (master project) | International City Phase 3 |
| DLD area | Warsan Fourth |
| Register status | active |
| Construction progress | 55.6% |
| Project start | May 12, 2024 |
| Planned end | October 30, 2025 |
| Registered units | 76 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.
Silver Park Residency off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 495,000.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 5 | AED 495,000 | 316,501 – 536,000 | 36 m² (388 sq ft) | AED 1,207 |
| Apartment · 1 bedroom | 13 | AED 707,313 | 530,884 – 1,100,000 | 68 m² (732 sq ft) | AED 950 |
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: 65% of off-plan sales, with a median size of 68 m² (59 to 94 m² for 80% of them).
- Apartment · 1 bedroom: 65% (13 sales)
- Apartment · Studio: 25% (5 sales)
- Apartment · 2 bedrooms: 10% (2 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Silver Park Residency off-plan price by quarter
The median off-plan price per sq ft moved from AED 965 in Q1 2025 to AED 990 in Q1 2026 (+2.5%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2025 | 6 | AED 965 | — |
| Q2 2025 | 11 | AED 950 | -1.6% |
| Q3 2025 | 34 | AED 957 | +0.7% |
| Q4 2025 | 7 | AED 950 | -0.7% |
| Q1 2026 | 14 | AED 990 | +4.2% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in International City Phase 3
To gauge the rental market around Silver Park Residency: annual rents of Ejari contracts registered in International City Phase 3 over the last 12 months (9,614 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 2,922 | AED 37,450 | 33,000 – 41,000 |
| Apartment · 1 bedroom | 5,562 | AED 49,000 | 42,418 – 56,400 |
| Apartment · 2 bedrooms | 1,056 | AED 61,605 | 55,000 – 70,000 |
| Apartment · 3 bedrooms | 66 | AED 86,750 | 74,500 – 100,000 |
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 Silver Park Residency?
Silver Park Residency is in International City Phase 3 (DLD area Warsan Fourth), Dubai.
- Nearest metro station: Rashidiya Metro Station
- Nearest shopping mall: City Centre Mirdif
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in International City Phase 3
- All DLD sales at Silver Park Residency (new and resale)
- International City Phase 3 property prices
- International City Phase 3 rents
- All Manjothi Real Estate Development L.L.C projects
Other off-plan projects in International City Phase 3
- Greenfield by Samana Developers — AED 1,415/sq ft
- Zenith Residences — AED 1,055/sq ft
- Equiti Tower — AED 1,078/sq ft
- Chapter 01 By Newbury Developments — AED 1,159/sq ft
- Nest — AED 1,054/sq ft
- Elevia Residences — AED 1,327/sq ft
- 08 Life Residences — AED 1,027/sq ft
- Stellar Axis by Ajmal Estate Developers — AED 1,111/sq ft
Same budget elsewhere in Dubai (around AED 688,088)
- Sky Gate Tower, Jumeirah Village Triangle — AED 686,021
- COVE EDITION RESIDENCE 5 by Imtiaz, Dubai Land Residence Complex — AED 688,795
- Q Gardens Lofts, Jumeirah Village Circle — AED 677,504
- Guzel Towers, Jumeirah Village Triangle — AED 690,612
- Omya Residences, Wasl Gate — AED 677,400
- The Community Motor City, Motor City — AED 691,805
Projects presented by Cevitas
Frequently asked questions
How much does a home at Silver Park Residency cost?
Over the last 12 months, the 20 off-plan sales registered with the DLD show a median price of AED 688,088, or AED 960 per sq ft; 80% fall between AED 477,273 and AED 1,150,520. The developer's current prices are on its price list.
When will Silver Park Residency be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 55.6% complete, with a planned end date of October 30, 2025. The handover date is confirmed by the developer.
Who is the developer of Silver Park Residency?
The DLD register lists Manjothi Real Estate Development L.L.C (developer no. 1993), in a community developed by International City (L.L.C).
What unit types are sold at Silver Park Residency?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (13), apartment · studio (5), apartment · 2 bedrooms (2). Best-selling type: apartment · 1 bedroom, at a median AED 707,313 for 68 m².
Has the price per sq ft at Silver Park Residency changed?
The median off-plan price moved from AED 965 per sq ft in Q1 2025 to AED 990 in Q1 2026, based on DLD-registered sales.
How do I get the Silver Park Residency 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.