Park Lane - Dubai South (Dubai World Central)  

Park Lane is an upcoming development in Dubai South featuring stacked townhouses and apartments with 30:70 Payment plan, releasing on 7th October 2017. Townhouses are called Park Lane Town Houses and the apartments are called Park Lane Residence and Park Lane Views.

Master Community: Dubai South (Dubai World Central)
Property Types Available: Townhouses, Apartments
Location: Mohammad Bin Zayed Road
Status: Under Construction
Year Launched: 2017
Estimated Completion Date: April 2020
Developer: Dubai South
Title Type: Freehold
Quality Classification: Mid-end
Life Cycle: Under Construction
Special Classification: Residential Building

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Park Lane

Investment Score

Value for Money
80%
Project Uniqueness
85%
Location & Connectivity
70%
Rental Yield Expectation
85%
Capital Growth Expectation
85%
More information on investment scores

Total Score

Synopsis

Sale Status: Launching soon

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 700 PSF - AED 900 PSF

Unit Types Available: Apartment, Townhouse

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What Our Experts Think

Park Lane is a residential development in Dubai South featuring affordable apartments and townhouses. Dubai South will play a major role in Dubai’s future economy. The expansion of the Al Maktoum International Airport, the Logistics components and the Expo 2020 site will generate thousands of new jobs and opportunities for businesses further strengthening the resale and rental market in the area. There is potential for capital gains for early investors in this area.

Prices for apartments start from AED 300,000, while prices for townhouses start from AED 1.1 million. Downpayment is only 5%, 25% during construction period, and 70% upon handover.

Interested in buying an apartment in Dubai South?

Studios, one, two, and three bedroom apartments as well as townhouses starting from AED 300,000. Contact for more information.

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About Park Lane

Park Lane is an upcoming community in Dubai South featuring townhouses and apartments: Park Lane Townhouses, Park Lane Residence, and Park Lane Views. The Park Lane development will also feature a community club house and a community retail center.

Park Lane Townhouses

Park Lane Townhouses feature 406 stacked townhouses. There are four types. These townhouses are gated and have easy access to the clubhouse and small retail center as well as access to the green belt. Starting prices AED 1.1 million.

Unit Types – Townhouses

-2 Bed + Study Simplex + Garden: 1,240 sq. ft. + 500 sq. ft. Garden

-2 Bed + Study Duplex + Garden: 1,400 sq. ft. + 400 sq. ft. Garden

-3 Bed + Study Duplex + Garden: 1,880 sq. ft. + 500 sq. ft. Garden

-3 Bed +Study Duplex + Maid’s Room + Terrace:1,940 + 1,400 sq. ft. Terrace

-4 Bed + Study + Maid’s Room + Terrace Duplex: 2,340 sq. ft. + 1,400 sq. ft. Terrace

Prices - Townhouses

-2 Bed Simplex with Garden starting from AED 1.1 million

-2 Bed Duplex with Garden starting from AED 1.2 million

-3 Bed Duplex with Study, Maid’s Room and Garden starting from AED 1.55 million

-3 Bed Duplex with Study, Maid’s Room, and Terrace starting from AED 1.65 million

-4 Bed Duplex with Study, Maid’s Room and Terrace starting from AED 1.85 million

Park Lane Residence

Park Lane Residence is a 4 building complex of apartments in Park Lane. The project is located in close proximity to the communty retail center and the community club house. There are 798 studios, one, two and three bedroom apartments. The podium level has green space and connects all four buildings.

Unit Sizes

-Studio: 380 sq. ft.

-1 Bed: 670 sq. ft.

-2 Bed: 1,075 sq. ft.

-3 Bed: 1,460 sq. ft.

- 2/3 Bed Duplex: 1,300 sq. ft. - 2,000 sq. ft.

Prices

-Studio starting from AED 300,000

-1 Bed starting from AED 540,000

-2 Bed starting from AED 820,000

-3 Bed starting from AED 1.1 million

-2 Bed Duplex starting from AED 1.1 million

-3 Bed Duplex starting from AED 1.65 million

Park Lane Views

Park Lane Views is a residential building within Park Lane featuring one, two, three bedroom apartments as well as one, two, and three bedroom duplexes.

Prices

-1 Bed starting from AED 580,000

-2 Bed starting from AED 840,000

-2 Bed + Maid’s Room starting from 910,000

-3 Bed + Maid’s Room starting from AED 1.15 million

-1 Bed Duplex starting from AED 840,000

-2 Bed Duplex starting from AED 1.25 million

-3 Bed Duplex starting from AED 1.6 million

Payment Plan

-5% Downpayment

-5% After 3 months from purchase date

-5% After 6 months from purchase date

-5% After 9 months from purchase date

-5% After 12 months from purchase date

-5% After 15 months from purchase date

-70% On Handover

Dubai Land Classification & Escrow Account Details:

Land Number: 493

Project Number: 1945

Real Estate Developer: Dubai South Properties

Trust Account Number: 10613405342003

Account Trustee Name: ABU DHABI COMMERCIAL BANK

RERA Permit No:: 15128

Brokerage Firm: Taktical Realty Group LLC

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