Where is Park Residency located?+
Park Residency is in International City, Dubai, Dubai. It is registered with the Dubai Land Department as project 4322, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Park Residency hand over?+
The developer has scheduled handover for Jul 2029. Construction has not started yet, which is normal for a project at launch stage. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Park Residency?+
Park Residency is developed by Park Residency Real Estate Development. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in International City sell for?+
International City recorded 1,947 registered Dubai Land Department sales in the last twelve months, at a median of AED 450,000. Park Residency has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Park Residency have?+
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Can foreigners buy at Park Residency?+
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Park Residency?+
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.