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Off-planKeys Dec 2027

Parkgreen Residences

Name: Parkgreen Residences
Brand: Alishaan Developments
Price: 852800 AED
Availability: PreOrder

New homes in Liwan, by Alishaan Developments

New homes in Parkgreen Residences start at AED 852,800; keys are due Dec 2027; you pay 20% to book, 20% while it is built and 60% at the keys.

In the 12 months to Oct 19, 2026, Dubai Land Department recorded 416 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Wadi Al Safa 2. Their median price is AED 1,435 per sq ft (about AED 942,000 at 656 sq ft). This project's from price is AED 1,300 per sq ft (AED 852,800 for its smallest home, 656 sq ft), 9% less.

From

AED 852,800

1 to 3 beds

See when you pay

Prices from the developer. They change as units sell; ask us for today's prices.

Worth it?

below 416 similar sales in Wadi Al Safa 2

Their median price is AED 1,435 per sq ft (about AED 942,000 at 656 sq ft). This project's from price is AED 1,300 per sq ft (AED 852,800 for its smallest home, 656 sq ft), 9% less.

See the sales

Sale prices from Dubai Land Department open data, updated Oct 26, 2026. We check the from price at the smallest size the developer lists.

Ask about Parkgreen Residences

We'll send you prices, floor plans and the units still available, and answer anything about the payment plan.

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Keys: Dec 2027; The developer's handover date
Payment plan: 20 / 20 / 60; 20% to book, 20% while it is built, 60% at the keys
Bedrooms: 1 to 3 beds
Sizes: 656 to 1,831 sq ft
Ownership: Freehold
Property types: Apartment
Registration fee: 4% of the price; Paid to the Dubai Land Department

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

From price per sq ft: AED 1,300 per sq ft; Similar off-plan homes: AED 1,435 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.

Paying for it

You pay 20% when you book, 20% as the building goes up, and 60% when you get the keys.

Show the amounts for a price of

When	Stage	Share	Amount
Now	Booking	20%	AED 170,560
Feb 2027	While it is built	5%	AED 42,640
Apr 2027	While it is built	5%	AED 42,640
Jul 2027	While it is built	5%	AED 42,640
Sep 2027	While it is built	5%	AED 42,640
Dec 2027	Keys	60%	AED 511,680

Pick a month to see what you'll have paid by thenBy Jul 2027 you will have paid AED 298,480, 35% of the price.Still to pay: AED 554,320.

Booking payment, 20%: AED 170,560
Dubai Land Department fee (Oqood), 4%: AED 34,112
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.: AED 204,672

The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

Before you buy

Pay into the project's escrow account only.: Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.: Buildings in this area paid a median of AED 11 per sq ft a year in 2023, from 38 buildings on the Dubai Land Department register. For the smallest home (656 sq ft) that is about AED 7,000 a year.
Register the sale with Oqood.: The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

Dubai Land Department recorded 416 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Wadi Al Safa 2, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across Wadi Al Safa 2, as this project isn't on the Dubai Land Department register yet or has too few sales.

Median price AED 1,435 per sq ft

AED 996 per sq ftAED 1,889 per sq ft

This project AED 1,300 per sq ft

Half of the sales sold for AED 1,355 to AED 1,599 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table

Price per sq ft	Sales
AED 996 to AED 1,107 per sq ft	27
AED 1,107 to AED 1,219 per sq ft	32
AED 1,219 to AED 1,331 per sq ft	37
AED 1,331 to AED 1,442 per sq ft	119
AED 1,442 to AED 1,554 per sq ft	77
AED 1,554 to AED 1,666 per sq ft	81
AED 1,666 to AED 1,778 per sq ft	34
AED 1,778 to AED 1,889 per sq ft	9

The 3 closest sales

Picked from the 416 similar sales above, closest in size to this project's smallest home.

Sep 2026AED 827,009AED 1,260 per sq ftParkgreen Residences by Alishaan, 656 sq ft
Jul 2026AED 830,000AED 1,265 per sq ftParkgreen Residences by Alishaan, 656 sq ft
Jul 2026AED 800,000AED 1,219 per sq ftParkgreen Residences by Alishaan, 656 sq ft

Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

The median price of off-plan homes with the same number of bedrooms that sold in Liwan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

Type	Off-plan median	Sales	Against similar sales
1-bed apartmentFrom AED 852,800 here	Off-plan medianAED 1,200,000AED 1,436 per sq ft	Sales442	9% below 416 similar sales
2-bed apartment	Off-plan medianAED 1,772,000AED 1,507 per sq ft	Sales225
3-bed apartment	Off-plan medianAED 2,700,000AED 1,551 per sq ft	Sales45

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price: 6.4%
Typical for similar ready homes: 9.2%
Median rent of 1-bed apartments in Liwan: AED 55,000 a year
Rent contracts counted: 1,357
Rented between: Apr 1, 2025 and Mar 31, 2026

1-bed apartment: AED 55,000 a year
2-bed apartment: AED 78,000 a year
3-bed apartment: AED 97,500 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 55,000 ÷ AED 852,800 = 6.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

Gems First Point School (The Villa)1.5 km, 3 min driveSchool
GEMS Wellington Academy2.6 km, 11 min driveBritish school
Indian International School1.8 km, 4 min driveIndian school
Silicon Central1.3 km, 3 min driveMall
HLG Umar2.9 km, 6 min driveHospital
Centro Courtyard 3750 m, 12 min walkPark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. School curricula from KHDA.

About Parkgreen Residences

Parkgreen Residences is an Alishaan Developments apartment project in Liwan with 1- to 3-bedroom homes from AED 852,800 and handover listed for December 2027. The price check puts the from price per square foot 9.4% below 416 similar one-bedroom off-plan sales in Liwan over the 12 months to October 2026.

Over the 12 months to October 2026, the Dubai Land Department registered 416 one-bedroom off-plan sales in Liwan, and the price check puts the from price per square foot 9.4% below their median. Those sales were across the area, not in this project. Ask for the price per square foot of your exact unit.

The plan is 20% on booking, 20% during construction and 60% at handover. At the from price that is AED 170,560 to book, AED 170,560 during the build and AED 511,680 at handover in December 2027, about 13 months away. Separately, the 4% DLD fee comes to AED 34,112; ask when it is due.

The listing gives sizes of 656 to 1,831 sq ft, and names about 970 sq ft for one bedroom, 1,179 sq ft for two and 1,831 sq ft for three. Ask for the floor plan of your exact unit. Homes are listed as semi-furnished, with built-in kitchen appliances. Shared facilities include a pool, a gym, a children's play area and 24/7 security.

A medical centre is about 600 m away. Gems First Point School (The Villa) is about 1.5 km away, Indian International School about 1.8 km and GEMS Wellington Academy about 2.6 km. The nearest metro, Creek Metro Station, is about 13.4 km away, roughly 20 minutes by car.

The developer

Alishaan Developments

See every project by Alishaan Developments

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

1 BR
2 BR
3 BR

How prices moved

Median price of 1-bed apartments in Liwan, over the 12 months to each dateUp 37% from Dec 2024 to Sep 2026.

Dec 2024AED 1,050 per sq ft

Sep 2026AED 1,436 per sq ft

Show as table

12 months to	Median price	Sales
Sep 2026	AED 1,436 per sq ft	442 sales
Jun 2026	AED 1,462 per sq ft	643 sales
Mar 2026	AED 1,455 per sq ft	691 sales
Dec 2025	AED 1,438 per sq ft	601 sales
Sep 2025	AED 1,398 per sq ft	488 sales
Jun 2025	AED 1,142 per sq ft	254 sales
Mar 2025	AED 1,039 per sq ft	175 sales
Dec 2024	AED 1,050 per sq ft	229 sales

Off-plan sales registered with the Dubai Land Department.

Questions about this project

Which company builds Parkgreen Residences?

Alishaan Developments. The project is in Liwan.

How does the price compare with recent sales?

The price check puts the from price per square foot 9.4% below the median of 416 similar one-bedroom off-plan sales in Liwan over the 12 months to October 2026. Those sales were in the area, not in this project.

What is due before handover?

40% of the price: AED 170,560 on booking and AED 170,560 during construction at the from price. The remaining AED 511,680 is due at handover. Separately, the 4% DLD fee comes to AED 34,112; ask when it is due.

Can foreigners buy here?

Yes. The listing says it is freehold, so foreign buyers can own outright.

When is handover?

The listed handover is December 2027, about 13 months away.

Do the homes come with furniture?

The listing says they are semi-furnished. Ask for a written list of what is included.

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Dubai Land Department register