Park Villas - Jumeirah Village Circle

Park International Investments developed the Park Villas which consists of 93 four bedroom townhouses.

Master Community: Jumeirah Village Circle
Property Types Available: Townhouses
Location: Mohammad Bin Zayed Road, Al Khail Road
Status: Under Construction
Year Launched: 2014
Estimated Completion Date: January 2016
Developer: Park International Investments
Title Type: Freehold
Quality Classification: Mid-end
Life Cycle: Under Contruction
Under-Construction Townhouses: 93

Lookup.ae reports prices and transactional information for Jumeirah Village Circle

About Park Villas

This project consists of 93 four bedroom townhouses with built up areas ranging from 3,300 - 3,400 sq. ft. built over 3 levels. Prices for the townhouses ranges from AED 3 - 3.1 million (around AED 900 psf).

Completion is scheduled for January 2016. During the construction phase, a prospective buyer will be paying a total of 50%, and the remaining 50% wil be paid over a year following handover.

Project Payment Plan (as of August 2014):

On booking: 7.5%

After 30 days: 7.5%

After 20% complete: 7.5%

After 35% complete: 7.5%

After 50% complete: 7.5%

After 70% complete: 7.5%

After 90% complete: 7.5%

On Completion: 5%

6 months - 1 year after handover: 45%

Project Completion Status (as per DLD): 36.82% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Project: Park Villa's 1

Status: Active

Land Number: 528

Project Number: 1535

Real Estate Developer: ARABIAN GULF PROPERTIES

Trust Account Number: 3717235014802

Account Trustee Name: EMIRATES ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

-----------------------------------------------------------------------------------------------------------------

Project Completion Status (as per DLD): 71.11% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Project: Park Villa's 2

Status:

Land Number: 607

Project Number: 1536

Real Estate Developer: ARABIAN GULF PROPERTIES

Trust Account Number: 3717235014804

Account Trustee Name: EMIRATES ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

-----------------------------------------------------------------------------------------------------------------

Project Completion Status (as per DLD): 1.60% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Project: Park Villa's 3

Status: Cancelled

Land Number: 1066

Project Number: 1608

Real Estate Developer: ARABIAN GULF PROPERTIES

Trust Account Number: 0379498715090

Account Trustee Name: EMIRATES ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

---------------------------------------------------------------------------------------------------------------

Project Completion Status (as per DLD): 1.60% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Project: Park Villa's 4

Status: Cancelled

Land Number: 227

Project Number: 1609

Real Estate Developer: ARABIAN GULF PROPERTIES

Trust Account Number: 0379498716090

Account Trustee Name: EMIRATES ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

----------------------------------------------------------------------------------------------------------------

Project Completion Status (as per DLD): 1.60% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Project: Park Villa's 5

Status: Cancelled

Land Number: 226

Project Number: 1610

Real Estate Developer: ARABIAN GULF PROPERTIES

Trust Account Number: 0379498724090

Account Trustee Name: EMIRATES ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

------------------------------------------------------------------------------------------------------------

Project Completion Status (as per DLD): 47.10% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Project: Park Villa's 6

Status: Active

Land Number: 796

Project Number: 1611

Real Estate Developer: ARABIAN GULF PROPERTIES

Trust Account Number: 3717235014080

Account Trustee Name: EMIRATES ISLAMIC BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Help us to improve this section