New homes in Parkgreen Residences start at AED 852,800; keys are due Dec 2027; you pay 20% to book, 20% while it is built and 60% at the keys.
In the 12 months to Nov 9, 2026, Dubai Land Department recorded 244 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Liwan1. Their median price is AED 1,382 per sq ft (about AED 906,000 at 656 sq ft). This project's from price is AED 1,300 per sq ft (AED 852,800 for its smallest home, 656 sq ft), 6% less.
Keys
Dec 2027
The developer's handover date
Payment plan
20 / 20 / 60
20% to book, 20% while it is built, 60% at the keys
Bedrooms
1 to 3 beds
Sizes
656 to 1,831 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,300 per sq ft
Similar off-plan homes: AED 1,382 per sq ft
RERA project
4197
Check it in Dubai REST, the Dubai Land Department's official app.
Built
4%
Being built. DLD register, Nov 11, 2026
Completion on the register
Jun 2028
DLD shows only the current date. We have recorded it since Nov 11, 2026 and it hasn't moved.
Escrow account
مصرف الشارقه الاسلامى
The bank that holds your payments
Registered homes
116
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 20% when you book, 20% as the building goes up, and 60% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
NowBooking · 20%
Booking
20%
AED 170,560+ AED 34,112 DLD fee
AED 204,672
Feb 2027While it is built · 5%
While it is built
5%
AED 42,640
AED 247,312
Apr 2027While it is built · 5%
While it is built
5%
AED 42,640
AED 289,952
Jul 2027While it is built · 5%
While it is built
5%
AED 42,640
AED 332,592
Sep 2027While it is built · 5%
While it is built
5%
AED 42,640
AED 375,232
Dec 2027Keys · 60%
Keys
60%
AED 511,680
AED 886,912
Booking payment, 20%
AED 170,560
Dubai Land Department fee (Oqood), 4%
AED 34,112
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 204,672
Total costPrice plus the DLD fee
AED 886,912
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 244 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Liwan1, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Too few similar homes in PARKGREEN RESIDENCES BY ALISHAAN sold in 24 months, so we compare with off-plan sales across Liwan1.
Dubai Land Department recorded 244 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Liwan1, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,382 per sq ft
AED 996 to AED 1,107 per sq ft
24 sales
AED 1,107 to AED 1,219 per sq ft
30 sales
AED 1,219 to AED 1,331 per sq ft
36 sales
This project's from price is in this band.
AED 1,331 to AED 1,442 per sq ft
85 sales
AED 1,442 to AED 1,554 per sq ft
40 sales
AED 1,554 to AED 1,666 per sq ft
12 sales
AED 1,666 to AED 1,778 per sq ft
15 sales
AED 1,778 to AED 1,889 per sq ft
2 sales
AED 996 per sq ftAED 1,889 per sq ft
This project AED 1,300 per sq ft
Half of the sales sold for AED 1,237 to AED 1,452 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 996 to AED 1,107 per sq ft
24
AED 1,107 to AED 1,219 per sq ft
30
AED 1,219 to AED 1,331 per sq ft
36
AED 1,331 to AED 1,442 per sq ft
85
AED 1,442 to AED 1,554 per sq ft
40
AED 1,554 to AED 1,666 per sq ft
12
AED 1,666 to AED 1,778 per sq ft
15
AED 1,778 to AED 1,889 per sq ft
2
The 3 closest sales
Picked from the 244 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 827,009AED 1,260 per sq ftParkgreen Residences by Alishaan, 656 sq ft
Jul 2026AED 830,000AED 1,265 per sq ftParkgreen Residences by Alishaan, 656 sq ft
Jul 2026AED 800,000AED 1,219 per sq ftParkgreen Residences by Alishaan, 656 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Liwan in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 852,800 here
Off-plan medianAED 1,200,000AED 1,436 per sq ft
Sales442
6% below 244 similar sales
2-bed apartment
Off-plan medianAED 1,772,000AED 1,507 per sq ft
Sales225
3-bed apartment
Off-plan medianAED 2,700,000AED 1,551 per sq ft
Sales45
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
6.4%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
5.4%
Typical gross yield of similar ready homes
9.2%
Median rent of 1-bed apartments in Liwan
AED 55,000 a year
Service charge a year, from the keysThe area median, AED 11 per sq ft from 38 buildings, as of 2023, for the smallest home (656 sq ft)
AED 7,216
Rent contracts counted
1,357
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 55,000 a year
2-bed apartment
AED 78,000 a year
3-bed apartment
AED 97,500 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 55,000 ÷ AED 852,800 = 6.4%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Gems First Point School (The Villa)1.5 km, 3 min driveSchool
GEMS Wellington Academy2.6 km, 11 min driveBritish school
Indian International School1.8 km, 4 min driveIndian school
Parkgreen Residences is an Alishaan Developments apartment project in Liwan with 1- to 3-bedroom homes from AED 852,800 and handover listed for December 2027. The price check puts the from price per square foot 9.4% below 416 similar one-bedroom off-plan sales in Liwan over the 12 months to October 2026.
Over the 12 months to October 2026, the Dubai Land Department registered 416 one-bedroom off-plan sales in Liwan, and the price check puts the from price per square foot 9.4% below their median. Those sales were across the area, not in this project. Ask for the price per square foot of your exact unit.
The plan is 20% on booking, 20% during construction and 60% at handover. At the from price that is AED 170,560 to book, AED 170,560 during the build and AED 511,680 at handover in December 2027, about 13 months away. Separately, the 4% DLD fee comes to AED 34,112; ask when it is due.
The listing gives sizes of 656 to 1,831 sq ft, and names about 970 sq ft for one bedroom, 1,179 sq ft for two and 1,831 sq ft for three. Ask for the floor plan of your exact unit. Homes are listed as semi-furnished, with built-in kitchen appliances. Shared facilities include a pool, a gym, a children's play area and 24/7 security.
A medical centre is about 600 m away. Gems First Point School (The Villa) is about 1.5 km away, Indian International School about 1.8 km and GEMS Wellington Academy about 2.6 km. The nearest metro, Creek Metro Station, is about 13.4 km away, roughly 20 minutes by car.
The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.
1 BR
2 BR
3 BR
How prices moved
Median price of 1-bed apartments in Liwan, over the 12 months to each dateUp 37% from Dec 2024 to Sep 2026.
Dec 2024AED 1,050 per sq ft
Sep 2026AED 1,436 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,436 per sq ft
442 sales
Jun 2026
AED 1,462 per sq ft
643 sales
Mar 2026
AED 1,455 per sq ft
691 sales
Dec 2025
AED 1,438 per sq ft
601 sales
Sep 2025
AED 1,398 per sq ft
488 sales
Jun 2025
AED 1,142 per sq ft
254 sales
Mar 2025
AED 1,039 per sq ft
175 sales
Dec 2024
AED 1,050 per sq ft
229 sales
Off-plan sales only.
Questions about this project
Which company builds Parkgreen Residences?
Alishaan Developments. The project is in Liwan.
How does the price compare with recent sales?
The price check puts the from price per square foot 9.4% below the median of 416 similar one-bedroom off-plan sales in Liwan over the 12 months to October 2026. Those sales were in the area, not in this project.
What is due before handover?
40% of the price: AED 170,560 on booking and AED 170,560 during construction at the from price. The remaining AED 511,680 is due at handover. Separately, the 4% DLD fee comes to AED 34,112; ask when it is due.
Can foreigners buy here?
Yes. The listing says it is freehold, so foreign buyers can own outright.
When is handover?
The listed handover is December 2027, about 13 months away.
Do the homes come with furniture?
The listing says they are semi-furnished. Ask for a written list of what is included.
