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
District
Median lot price, AED million
AED / ft²
Lots
Dubai Science Park
2.20
1888
11
JVT
0.89
1848
22
Dubai Sports City
5.00
1865
15
DubaiLand
2.04
1761
11
Motor City
4.38
1655
12
Majan
0.97
1618
12
Arjan
1.15
1614
36
Al Furjan
4.45
1604
82
Dubai Production City
1.00
1482
6
JVC
1.24
1474
276
Town Square
2.20
1455
12
Al Barsha
3.36
1373
12
International City
0.90
1243
1
Dubai Silicon Oasis
3.31
1229
6
Sports City
0.70
1083
5
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.
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.
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.
A developer building a small residential project in JVC. The service charge is the largest recurring cost of owning in Dubai — and it is regulated, budgeted and challengeable.
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.