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About Park Residency
Park Residency is an apartment building by Park Group in Al Warsan.
Launch pricing is listed at AED 538,891.
Delivery is scheduled for Q3 2029.
At a glance
Park Residency key facts
- Developer
- Park Group
- Community
- Al Warsan
- Status
- Launched
- Handover
- Q3 2029
- Starting price
- AED 539K
- Unit types
- Studio, 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Park Residency
- 01
Shortlist and reserve
Choose a unit type and view at Park Residency and secure it with the booking deposit.
- 02
Sign the SPA
Park Group issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q3 2029), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Sub-AED 550K entry
- Long construction runway for staged payments
What to weigh
- Q3 2029 delivery
- Limited developer information
FAQ
Park Residency — frequently asked questions
What is the starting price of Park Residency?
Published pricing at Park Residency starts from AED 539K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Park Residency?
Park Residency is scheduled for handover in Q3 2029. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Park Residency?
Park Residency is developed by Park Group in Al Warsan, Dubai.
What unit types are available at Park Residency?
Park Residency offers Studio, 1 Bedroom, 2 Bedroom.
Where is Park Residency located?
Park Residency is in Al Warsan, Dubai.
Can foreigners buy at Park Residency?
Yes. Al Warsan is a freehold area, so buyers of any nationality can own property at Park Residency outright.
Does buying at Park Residency qualify for the UAE Golden Visa?
The entry price of AED 539K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Park Residency?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 22K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Park Residency?
MRK Real Estate advises on primary purchases and resales at Park Residency. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Park Group before any transaction.
