Parkwood Residences
The facts, verified
About the project
Project general facts Parkwood Residences is a beautifully designed community-style development created for warm, family-focused living. The project offers a wonderful variety of homes to suit every lifestyle, ranging from smart studios and one-bedroom apartments to spacious two- and three-bedroom residences, as well as impressive three-bedroom duplexes. With its low-rise, boutique feel and thoughtful design, Parkwood Residences delivers a truly welcoming and modern place to call home. Residents are treated to an exceptional collection of amenities set within lush, landscaped courtyards filled with palm trees and greenery. The development features sparkling swimming pools, a fully equipped state-of-the-art fitness centre, and a delightful children's play area complete with a splash pad and playground. Elegant lounge spaces, secure parking, and green communal areas complete a resort-inspired lifestyle that the whole family can enjoy every day. Inside, every home is finished to an outstanding standard, blending warm timber tones with a bright, contemporary palette for a calm and sophisticated atmosphere. The residences come as smart homes and boast premium Scavolini luxury kitchen
Amenities
Parkwood Residences payment plan
| Milestone | Share | On AED 828K |
|---|---|---|
| On booking | 20% | AED 166K |
| During construction | 20% | AED 166K |
| Upon Handover | 10% | AED 83K |
| Within 36 months PH | 50% | AED 414K |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 165,600 |
| During construction (70%) | ≈ AED 24,150 equivalent per month over 24 months | AED 579,600 |
| Handover (10%) | On completion | AED 82,800 |
| DLD fee (4%) | On booking | AED 33,120 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Parkwood Residences prices and unit mix
Project documents
JVC (Jumeirah Village Circle) masterplan
Parkwood Residences location and connectivity
About AG Properties
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AG Properties & Arabian Gulf Properties are one of the top-tier luxury real estate developers in the Middle East. They are the most trusted real estate development group of companies for over 2 decades. AG Properties & Arabian Gulf Properties are committed to creating residential & commercial developments across the…
Questions investors ask about Parkwood Residences
What is the starting price at Parkwood Residences?
Parkwood Residences starts from AED 828K and runs to AED 1.87M, across 0 bedroom, 0 bedroom, 0 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
What is the Parkwood Residences payment plan?
20% on booking, 20% during construction, 10% upon handover, 50% within 36 months ph, worked in dirhams on AED 828K in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Parkwood Residences handover?
AG Properties lists handover for Q3 2025, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Parkwood Residences?
In JVC (Jumeirah Village Circle), Dubai. The JVC (Jumeirah Village Circle) community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Yes, escrow account 019500000616. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.