Parkwood, Hadaeq Sheikh Mohammed Bin Rashid

    Sold Prices · DLD Data

    Parkwood

    Hadaeq Sheikh Mohammed Bin Rashid, Dubai · Dubai Hills Estate

    AED 2,538

    Avg Price / sqft

    AED 2.8M

    Avg Sale Price

    37

    DLD Sales Recorded

    5.3%

    Est. Gross Yield

    View listings Explore Mohammed Bin Rashid City

    Market snapshot

    Parkwood — the numbers

    Parkwood is a residential building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai with approximately 488 units. Dubai Land Department records show 37 sales in the building, at an average price of AED 2.8M — around AED 2,538 per square foot.

    Since January 2026, 35 sales completed in Parkwood, with the average price per square foot moving from AED 2,524 to AED 2,543 (+0.7%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Hadaeq Sheikh Mohammed Bin Rashid, a typical unit in Parkwood returns an estimated 5.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Hadaeq Sheikh Mohammed Bin Rashid.

    Figures are from Dubai Land Department transaction records for Parkwood; individual units vary by floor, view and finish. Gross yield is estimated against average Hadaeq Sheikh Mohammed Bin Rashid residential rents, before service charges.

    Price trend

    Price trend in Parkwood

    Average sale price per sqft by month since January 2026 (single-sale months excluded)+0.7%

    2,3252,5222,718Jan 26: AED 2,524/sqft · 9 salesJan 26Mar 26: AED 2,784/sqft · 11 salesMar 26Apr 26: AED 2,259/sqft · 9 salesApr 26Jun 26: AED 2,471/sqft · 2 salesJun 26Jul 26: AED 2,543/sqft · 4 salesJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.9M

    AED 2,397/sqft

    18 sales · last 12 months

    2 Bed

    AED 3.3M

    AED 2,713/sqft

    14 sales · last 12 months

    3 Bed

    AED 4.6M

    AED 2,558/sqft

    5 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    27 Jul 2026Sales1824AED 1.9MAED 2,347
    24 Jul 2026Sales21,233AED 3.4MAED 2,771
    22 Jul 2026Sales21,302AED 3.2MAED 2,430
    21 Jul 2026Sales21,075AED 2.8MAED 2,623
    12 Jun 2026Sales31,806AED 4.6MAED 2,538
    02 Jun 2026Sales1824AED 2.0MAED 2,404
    15 May 2026Sales1732AED 1.9MAED 2,596
    24 Apr 2026Sales1830AED 2.0MAED 2,376
    23 Apr 2026Sales21,310AED 3.4MAED 2,559
    22 Apr 2026Sales1764AED 1.8MAED 2,395
    20 Apr 2026Sales21,071AED 568KAED 531
    16 Apr 2026Sales31,806AED 4.6MAED 2,571
    16 Apr 2026Sales31,808AED 4.7MAED 2,576
    07 Apr 2026Sales21,302AED 3.3MAED 2,514
    07 Apr 2026Sales1762AED 1.8MAED 2,393
    06 Apr 2026Sales1830AED 2.0MAED 2,420
    31 Mar 2026Sales21,302AED 3.3MAED 2,556
    30 Mar 2026Sales1824AED 1.9MAED 2,336
    30 Mar 2026Sales1824AED 2.0MAED 2,409
    30 Mar 2026Sales1830AED 2.0MAED 2,379

    About the area

    Parkwood is in Mohammed Bin Rashid City

    Mohammed Bin Rashid City, often referred to as MBR City, is a visionary development in Dubai spearheaded by renowned developers such as Meraas and Sobha Realty. This expansive community is designed to embody luxury and innovation, offering a harmonious blend of residential, commercial, and leisure spaces.

    Explore the Mohammed Bin Rashid City area guide

    Nearby

    Other buildings in Hadaeq Sheikh Mohammed Bin Rashid

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    Mag Eye Phase 1

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    Rosehill

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    Park Horizon

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    Vida Residences Hillside

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    FAQ

    Parkwood: frequently asked questions

    What is the average price in Parkwood?

    The average recorded sale price in Parkwood, Hadaeq Sheikh Mohammed Bin Rashid is AED 2.8M, around AED 2,538 per square foot, based on Dubai Land Department transaction data.

    Are prices in Parkwood going up or down?

    Average sale prices in Parkwood have risen +0.7% per square foot since January 2026, across 35 DLD-recorded sales.

    What rental yield can I expect in Parkwood?

    Based on average Hadaeq Sheikh Mohammed Bin Rashid residential rents against sale prices in the building, a typical unit in Parkwood yields roughly 5.3% gross per year, before service charges and fees.

    How many properties have sold in Parkwood?

    37 sales have been recorded in Parkwood according to DLD data, across approximately 488 units.

    Considering Parkwood?

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