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Parkwood Residences

JVC District 14 · Arabian Gulf Properties

Project factsheet

Storeys 5
Units in the building 170
Developer Arabian Gulf Properties
Status Under development
District JVC District 14

About the building

5-storey residential building in JVC District 14. Developer — Arabian Gulf Properties. Architect — CVTEC Consulting Engineers.

Specifications for Parkwood Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

About the project

Parkwood Residences is a 5-storey residential building in JVC District 14, currently under construction.

The developer is Arabian Gulf Properties. The architecture is by CVTEC Consulting Engineers.

The building holds 170 apartments in total.

The database currently holds 1 lot in this project, from 1 790 000 AED.

Five storeys and 170 residences from Arabian Gulf Properties in Al Barsha, under construction. Price per ft² of AED 1,471.

What it is

Parkwood Residences is a residential complex with 5 storeys and 170 residences by Arabian Gulf Properties in Al Barsha. Status: under construction.

Our stock has one unit of around 1,217 ft² for AED 1.79 million, at AED 1,471/ft².

Five storeys is low-rise construction, which is rare for a district dominated by towers near the metro.

Dubai's affordable belt

Al Barsha runs at AED 1,373/ft² with a median of AED 3.36 million; Parkwood sits slightly above the district figure.

Dubai's affordable belt: median lot price and price per ft² — our own stock
DistrictMedian lot price, AED millionAED / ft²Lots
Dubai Science Park2.20188811
JVT0.89184822
Dubai Sports City5.00186515
DubaiLand2.04176111
Motor City4.38165512
Majan0.97161812
Arjan1.15161436
Al Furjan4.45160482
Dubai Production City1.0014826
JVC1.241474276
Town Square2.20145512
Al Barsha3.36137312
International City0.9012431
Dubai Silicon Oasis3.3112296
Sports City0.7010835

Our own stock as of 28 August 2026. The spread in price per ft² within the belt is 1.7x, while the gap between the belt and Bluewaters (6717) is sixfold. Median and price per ft² diverge: a high median means large lots, not an expensive district.

A low-rise building in a residential district

Al Barsha in our database has 12 lots, a median of AED 3.36 million and a price per ft² of AED 1,373.

It's one of the oldest residential districts in this part of the city, with established infrastructure — schools, clinics, shopping centres. Unlike Arjan and Majan, it isn't being built from scratch.

Parkwood's low-rise format offers what the surrounding towers don't: fewer neighbours, less strain on lifts.

Check what's being built around it — Al Barsha is still densifying with new projects.

propsearch property passport: 5 storeys, 170 residences, developer Arabian Gulf Properties, status "under construction". Our own stock as of 28 August 2026: one project lot (area, price, price per ft²), and medians and prices per ft² across the affordable belt.

Where it is

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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Frequently asked about Parkwood Residences

Who is the developer of Parkwood Residences?

Arabian Gulf Properties. The architecture is by CVTEC Consulting Engineers.

How many floors does Parkwood Residences have?

5. The building has 170 apartments.

When is Parkwood Residences handed over?

The project is under construction. I check the exact date for a particular unit in the contract before the deal.

Where is Parkwood Residences?

JVC. Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.

How much does an apartment in Parkwood Residences cost?

The database currently holds 1 lot in this project, from 1 790 000 AED. The list changes daily — I will send a fresh selection for the building on request.

In the news

What has been written about the building, its developer and JVC District 14

Where this project stands today

Message me for the free layouts in Parkwood Residences, the real entry price and what owners and tenants say — not the brochure copy.

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