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Parkwood Residences

AG Properties · JVC (Jumeirah Village Circle) · Dubai · United Arab Emirates

Parkwood Residences

10unsold of 10 on offerNow sellingUnder construction · 52% builtPost-handover plan

Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole.

The essentials

Available now from
AED 828,000
Available up to
AED 1,872,000
Layouts on offer
Studio – 3 bed
Available sizes
553 – 1,496 sqft (51.4 – 139 sqm)
Service charge
14–15 AED/sqftCharged once a year — about AED 7,742 – AED 8,295 on the smallest published layout, 553 sqft
Status
under construction
Construction started
December 2023
Build progress
52% complete
Furnishing
semi furnished
Handover
Q3 2025
Buildings releasing now
1
Escrow account
Registered

Parkwood Residences is being built as apartments, in studio – 3 bed layouts.

Payment plan

20 / 20 / 10 / 50
20%
30% during construction
50% on handover

AED 165,600 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about AED 248,400 a month to handover.

Live availability

10 homes are still unsold — see the price list.

Get the developer’s own price list — unit number, floor, exact size, price and price per square foot for every one.

Arrives in about a minute. No phone call unless you ask for one.

What does your budget buy here?

Set a figure and we will match it against what is still available in this project.

AED
AED 828,000AED 1,872,000
How I plan to pay

Off-plan mortgages are arranged at handover, against the completed home.

The service charge starts at handover, not at purchase, and the first year is usually pro-rated from the day you collect the keys. In Dubai the budget behind it is filed with the Mollak system each year, so the rate is reviewed once the building is occupied and can move from the launch figure.

You will get the unit number, floor, size and exact price for each — not the whole building.

About this project

AG Properties

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 cabinets, adding a touch of Italian craftsmanship to daily living. Expansive floor-to-ceiling windows fill each space with natural light, while refined fittings and quality materials create interiors that feel both effortlessly stylish and wonderfully comfortable.

Location description and benefits

Nestled in the heart of Dubai, Jumeirah Village Circle, or JVC, is a vibrant and rapidly growing community that captivates residents and visitors alike. This idyllic circular-shaped neighborhood is designed to offer a harmonious blend of modern living and natural beauty.

JVC's tree-lined streets, tranquil parks, and spacious villas and apartments make it a truly unique and welcoming place to call home. The community exudes a sense of peace and balance, providing a welcome escape from the hustle and bustle of city life, while still being conveniently located within Dubai.

Residents of JVC enjoy a host of amenities, including schools, shopping centers, parks, and recreational facilities, all thoughtfully integrated into the community's design. It's a place where families thrive, professionals find a convenient home, and nature lovers revel in the serene surroundings.

Layouts

10

Studio

553 sqft

51.4 sqm

AED 828,000

553 sqft

51.4 sqm

AED 841,000

604 sqft

56.1 sqm

AED 856,000

1 bed

1,104 sqft

103 sqm

AED 1,267,000

1,086 sqft

101 sqm

AED 1,277,000

1,187 sqft

110 sqm

AED 1,347,000

1,187 sqft

110 sqm

AED 1,347,000

1,187 sqft

110 sqm

AED 1,370,000

2 bed

1,196 sqft

111 sqm

AED 1,451,000

3 bed

1,496 sqft

139 sqm

AED 1,872,000

Amenities

5

State-Of-The-Art Gym

Barbeque & External Seating Area

Adults & Kids Swimming Pool

Splash Water Area & Kids Play Area

Retail Shops

Good to know

Straight answers from the developer's published terms, checked 8 Oct 2026.

What is the payment plan for Parkwood Residences?

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Payment Plan: 20% on booking, 30% during construction and 50% on handover.

How much is the booking amount for Parkwood Residences?

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20% of the purchase price falls due on booking — from AED 165,600 on the lowest-priced home. A bank or a broker may call the same figure the reservation deposit or the down payment; it is one and the same first instalment, and it is paid to the developer rather than to us.

When does Parkwood Residences hand over?

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Handover is scheduled for Q3 2025. Construction is 52.03% complete.

What do homes in Parkwood Residences cost?

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Homes currently available start from AED 828,000 and range up to AED 1,872,000 for Studio – 3 bed homes. These are the prices of the homes released for sale through our live feed today, not the launch prices — earlier and cheaper releases may have sold out.

How much does each bedroom size cost at Parkwood Residences?

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Published starting prices by layout are Studio from AED 828,000; 1 bed from AED 1,267,000; 2 bed from AED 1,451,000; 3 bed from AED 1,872,000. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.

Is there a price list for Parkwood Residences?

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Yes. Ask for it on this page and the developer’s own price list is emailed to you — unit number, floor, exact size, price and price per square foot for every home still available. 10 homes were unsold at the last check on 8 Oct 2026.

Who is the developer of Parkwood Residences?

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Parkwood Residences is developed by AG Properties in JVC (Jumeirah Village Circle) · Dubai · United Arab Emirates.

What is the service charge at Parkwood Residences?

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The published service charge at Parkwood Residences is 14–15 AED/sqft, billed once a year. On the smallest published layout, 553 sqft, that is roughly AED 7,742 – AED 8,295 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.

Is my money protected when buying off-plan at Parkwood Residences?

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AG Properties has registered an escrow account for Parkwood Residences. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.

How the money actually moves — escrow, the 50/50 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.

Parkwood Residences vs Serenz

The closest live alternative we hold. Both are still selling, so the two sets of terms can be weighed against each other rather than against a memory.

Side by side

Parkwood Residences

Serenz

Available from
AED 828,000
AED 933,300
Layouts on offer
Studio – 3 bed
Studio – 2 bed
Handover
Q3 2025
Q4 2029
District
JVC (Jumeirah Village Circle)
JVC (Jumeirah Village Circle)
Developer
AG Properties
Danube
Payment plan
20 / 20 / 10 / 50
10 / 51 / 39

Figures are the developers' own published terms, checked 8 Oct 2026. A dash means the developer has not published that detail yet — an advisor can ask.

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