ParkLane Residence
About the project
(sq. ft.)
ParkLane Residence is a modern residential complex located in Dubai World Central, one of the city’s most ambitious projects. The development consists of four towers that offer accommodations with exclusive designs and clever layouts. The towers were commissioned in 2019 by Dubai South Properties.
Properties include studios and one- to three-bedroom apartments that are available to buy and rent. Studios cover an area of 380 sq. ft. and cost approximately AED 300,000 (USD 82,000). One-bedroom apartments cover an area of 670 sq. ft. and cost approximately AED 540,000 (USD 147,000).
*The price is valid for 2021
Two-bedroom apartments have one or two levels and range in size from 1,075 sq. ft. to 1,300 sq. ft. Units have a starting price of AED 820,000 (USD 224,000).
Three-bedroom apartments have a minimum size of 1,460 sq. ft. and have standard or duplex layouts. Units have a starting price of AED 1,100,000 (USD 300,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
- Ample parking
- High-speed elevators
- State-of-the-art gym and fitness centre
- Swimming pool
- Children’s playgrounds
- Areas for recreation
- Round-the-clock security and reliable video surveillance
- Fire safety systems
Property Information
- Location Dubailand, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios - 3BR Apartments
- Area from 380 sq. ft.
Location
The nearest bus stops can be reached within walking distance of the apartments, and the area continues to develop rapidly. Residents have easy access to Emirates Road, Sheikh Mohammed Bin Zayed Road, and Expo Road, which provide direct routes to other parts of the emirate. Al Maktoum International Airport can be reached within a 10-minute drive.
Residents can choose from a selection of local restaurants and cafes. Golositalia, Skini Panini, Olives, and McDonald’s are situated within a 15-minute drive of the towers. ZOOM Supermarket, Grand Supermarket, Hilal Al Madina, and Nesto Caravan are located within a 10-minute drive. Residents can go to nearby shopping centres and entertainment venues, including Shoppers Mall, Parco Center, and Jebel Ali Mall, which can be reached within a 15-minute drive.
Residents can take advantage of educational institutions and medical centres situated in neighbouring communities. Tiny Town, Chubby Cheeks, and Greenfield International School are located within a 20-minute drive of the residences. Access Clinic, GSM Clinic, Aster Cedars, GMC Clinic, and NMC Royal Hospital can also be reached within a 20-minute drive. For leisure activities, residents can go to Dubai Parks & Resorts, which includes attractions for visitors of all ages.
Payback
Properties at ParkLane Residence are conveniently located in Dubai World Central, and units belong to the budget segment of the market. As a result, studios and apartments are in demand among tenants and investors. Properties have a return on investment rate that ranges from 6% to 9%. If current trends continue, investments can be recouped within 13 to 19 years.
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!