New homes in Parkwood by Emaar start at AED 1,770,000; keys are due Jan 2029; you pay 10% to book, 70% while it is built and 20% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 32 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Parkwood. Their median price is AED 2,387 per sq ft (about AED 1,735,000 at 727 sq ft). This project's from price is AED 2,435 per sq ft (AED 1,770,000 for its smallest home, 727 sq ft), 2% more.
Keys
Jan 2029
The developer's handover date
Payment plan
10 / 70 / 20
10% to book, 70% while it is built, 20% at the keys
Bedrooms
1 to 3 beds
Sizes
727 to 3,868 sq ft
Ownership
Freehold
Property types
Apartment and Townhouse
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.
Dubai Land Department register
From price per sq ft
AED 2,435 per sq ft
Similar off-plan homes: AED 2,387 per sq ft
RERA project
3488
Check it in Dubai REST, the Dubai Land Department's official app.
Built
0%
Not started. DLD register, Jun 12, 2026
Completion on the register
Jan 2029
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
488
In 3 buildings
Paying for it
You pay 10% when you book, 70% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
10%
AED 177,000
Feb 2027
While it is built
8.8%
AED 154,875
May 2027
While it is built
8.8%
AED 154,875
Aug 2027
While it is built
8.8%
AED 154,875
Nov 2027
While it is built
8.8%
AED 154,875
Jan 2028
While it is built
8.8%
AED 154,875
Apr 2028
While it is built
8.8%
AED 154,875
Jul 2028
While it is built
8.8%
AED 154,875
Oct 2028
While it is built
8.8%
AED 154,875
Jan 2029
Keys
20%
AED 354,000
Booking payment, 10%
AED 177,000
Dubai Land Department fee (Oqood), 4%
AED 70,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 247,800
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.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 29 finished projects by this developer since 2018. 26 of the 29 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Emaar Properties for the estimate.
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 32 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Parkwood, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 32 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Parkwood, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 2,387 per sq ft
AED 2,284 to AED 2,309 per sq ft
1 sale
AED 2,309 to AED 2,335 per sq ft
0 sales
AED 2,335 to AED 2,360 per sq ft
6 sales
AED 2,360 to AED 2,386 per sq ft
9 sales
AED 2,386 to AED 2,411 per sq ft
12 sales
AED 2,411 to AED 2,437 per sq ft
2 sales
This project's from price is in this band.
AED 2,437 to AED 2,462 per sq ft
0 sales
AED 2,462 to AED 2,487 per sq ft
2 sales
AED 2,284 per sq ftAED 2,487 per sq ft
This project AED 2,435 per sq ft
Half of the sales sold for AED 2,363 to AED 2,402 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 2,284 to AED 2,309 per sq ft
1
AED 2,309 to AED 2,335 per sq ft
0
AED 2,335 to AED 2,360 per sq ft
6
AED 2,360 to AED 2,386 per sq ft
9
AED 2,386 to AED 2,411 per sq ft
12
AED 2,411 to AED 2,437 per sq ft
2
AED 2,437 to AED 2,462 per sq ft
0
AED 2,462 to AED 2,487 per sq ft
2
The 3 closest sales
Picked from the 32 similar sales above, closest in size to this project's smallest home.
Nov 2025AED 1,716,372AED 2,362 per sq ftParkwood Tower B, 727 sq ft
Nov 2025AED 1,719,252AED 2,363 per sq ftParkwood Tower B, 728 sq ft
Nov 2025AED 1,812,372AED 2,487 per sq ftParkwood Tower B, 729 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 Dubai Hills Estate 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 1,770,000 here
Off-plan medianAED 1,807,000AED 2,411 per sq ft
Sales703
2% above 32 similar sales
2-bed apartment
Off-plan medianAED 2,769,000AED 2,405 per sq ft
Sales504
3-bed apartment
Off-plan medianAED 4,590,000AED 2,574 per sq ft
Sales208
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
5.4%
Typical for similar ready homes
6.6%
Median rent of 1-bed apartments in Dubai Hills Estate
AED 96,000 a year
Rent contracts counted
1,363
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 96,000 a year
2-bed apartment
AED 150,000 a year
3-bed apartment
AED 290,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 96,000 ÷ AED 1,770,000 = 5.4%. 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
Equiti Metro Station (formerly First Abu Dhabi Bank)4.5 km, 12 min driveMetro station
GEMS International School, Al Khail950 m, 15 min walkSchool
GEMS Wellington Academy950 m, 16 min walkBritish school
Dubai International School6.1 km, 16 min driveAmerican school
GEMS New Millenium School1.1 km, 18 min walkIndian school
Parkwood by Emaar is an Emaar Properties project in Dubai Hills Estate with apartments of one to three bedrooms and three-bedroom townhouses from AED 1,770,000, with handover listed for January 2029. The price check puts the from price per square foot 2.0% above 32 similar one-bedroom off-plan sales in Parkwood itself.
The Dubai Land Department registered 32 one-bedroom off-plan sales in Parkwood in the 12 months to October 2026. The price check puts the from price per square foot 2.0% above their median. Ask for the price per square foot of the exact home you are offered before you book.
The plan is 10% on booking, 70% during construction and 20% at handover. At the from price that is AED 177,000 to book, AED 1,239,000 during the build and AED 354,000 at handover in January 2029, a little over two years away. So 80% of the price is paid before handover. Separately, the 4% DLD fee comes to AED 70,800; ask when it is due.
There are 487 homes. The listing gives about 728 sq ft for one-bedroom apartments, 1,071 sq ft for two bedrooms and 1,577 sq ft for three, and about 3,858 sq ft for the townhouses. Interiors are by Vida. Shared facilities include a pool, a gym, a children's play area and 24/7 security.
Kings Hospital is about 500 m away and Dubai Hills Golf Club about 700 m. GEMS International School, Al Khail is about 940 m away, GEMS Wellington Academy about 960 m and GEMS New Millenium School about 1.1 km. The nearest metro is Equiti Metro Station (formerly First Abu Dhabi Bank), about 4.5 km away or 12 minutes by car.
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
3 BR Townhouse
How prices moved
Median price of 1-bed apartments in Dubai Hills Estate, over the 12 months to each dateUp 7% from Dec 2024 to Sep 2026.
Dec 2024AED 2,262 per sq ft
Sep 2026AED 2,411 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 2,411 per sq ft
703 sales
Jun 2026
AED 2,391 per sq ft
1,072 sales
Mar 2026
AED 2,426 per sq ft
1,323 sales
Dec 2025
AED 2,411 per sq ft
1,412 sales
Sep 2025
AED 2,289 per sq ft
1,779 sales
Jun 2025
AED 2,320 per sq ft
2,239 sales
Mar 2025
AED 2,277 per sq ft
2,646 sales
Dec 2024
AED 2,262 per sq ft
2,569 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which company builds Parkwood?
Emaar Properties. The project is in Dubai Hills Estate and has 487 homes.
How does the price compare with recent sales?
The price check puts the from price per square foot 2.0% above the median of 32 similar one-bedroom off-plan sales in Parkwood over the 12 months to October 2026.
How much is paid before handover?
80% of the price: AED 177,000 on booking and AED 1,239,000 during construction at the from price. The last AED 354,000 is due at handover. Separately, the 4% DLD fee comes to AED 70,800; ask when it is due.
Can foreigners buy here?
Yes. The listing says it is freehold, so foreign buyers can own outright.
How big are the townhouses?
The three-bedroom townhouses are about 3,858 sq ft. Apartments run from about 728 sq ft for one bedroom to 1,577 sq ft for three.
How far is the metro?
Equiti Metro Station (formerly First Abu Dhabi Bank) is about 4.5 km away on the map, roughly 12 minutes by car.
