Sold Prices · DLD Data
Parkwood Residences
Jumeirah Village Circle, Dubai
AED 1,178
Avg Price / sqft
AED 914K
Avg Sale Price
3
DLD Sales Recorded
12.3%
Est. Gross Yield
Market snapshot
Parkwood Residences — the numbers
Parkwood Residences is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 3 sales in the building, at an average price of AED 914K — around AED 1,178 per square foot.
Since April 2026, 3 sales completed in Parkwood Residences, with the average price per square foot moving from AED 1,457 to AED 1,201 (-17.6%). That softening can open negotiating room for buyers.
Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Parkwood Residences returns an estimated 12.3% gross rental yield before service charges — a useful starting point for investors comparing towers across Jumeirah Village Circle.
Figures are from Dubai Land Department transaction records for Parkwood Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Jumeirah Village Circle residential rents, before service charges.
Price trend
Price trend in Parkwood Residences
Average sale price per sqft by month since April 2026-17.6%
Unit types
Prices by unit type
Studio
AED 705K
AED 1,457/sqft
1 sale · last 12 months
1 Bed
AED 862K
AED 1,201/sqft
1 sale · last 12 months
2 Bed
AED 1.2M
AED 878/sqft
1 sale · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 04 Aug 2026 | Sales | 1 | 718 | AED 862K | AED 1,201 |
| 06 Jul 2026 | Sales | 2 | 1,339 | AED 1.2M | AED 878 |
| 01 Apr 2026 | Sales | 0 | 484 | AED 705K | AED 1,457 |
About the area
Parkwood Residences is in Jumeirah Village Circle
Jumeirah Village Circle (JVC) is a master-planned community developed by a consortium of reputable developers, including Damac Properties and Binghatti Developers. Known for its family-friendly environment, JVC features a mix of residential and commercial properties, designed with a focus on community living.
Explore the Jumeirah Village Circle area guideNearby
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FAQ
Parkwood Residences: frequently asked questions
What is the average price in Parkwood Residences?
The average recorded sale price in Parkwood Residences, Jumeirah Village Circle is AED 914K, around AED 1,178 per square foot, based on Dubai Land Department transaction data.
Are prices in Parkwood Residences going up or down?
Average sale prices in Parkwood Residences have eased -17.6% per square foot since April 2026, across 3 DLD-recorded sales.
What rental yield can I expect in Parkwood Residences?
Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Parkwood Residences yields roughly 12.3% gross per year, before service charges and fees.
How many properties have sold in Parkwood Residences?
3 sales have been recorded in Parkwood Residences according to DLD data.
Considering Parkwood Residences?
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