Parkwood

This 3-bedroom apartment at Parkwood by Emaar Properties offers 1,821 sq ft in Dubai Hills Estate, priced from AED 4,260,888 (about AED 2,340 per sq ft), with handover expected in Q1 2029.

Parkwood is an Emaar development in Dubai Hills Estate with two apartment towers and podium townhouses, and direct access to Al Khail Road. The Dubai Land Department lists it as project 3488 (Dubai Hills Estate L.L.C), registered in January 2025 with 488 residential units, including 241 one-bedroom, 163 two-bedroom and 83 three-bedroom homes. Construction stood at 15% at the latest DLD inspection on 7 May 2026. Sales opened in May 2025 with 1, 2 and 3-bedroom apartments. Facilities include resort-style pools for adults and children, a fitness centre, a rooftop lounge, an outdoor cinema and amphitheatre, sports courts, children's play areas, green spaces with jogging and cycling tracks, and covered parking.

Dubai Hills Mall is about 5 minutes away by car, Mall of the Emirates, Dubai Marina and Meydan about 12 minutes, Downtown Dubai about 15 minutes and Dubai International Airport about 20 minutes.

The 3-bedroom layout, which includes a maid's room, suits families who want more space close to Dubai Hills Park, schools and Dubai Hills Mall.

What is the payment plan for Parkwood? 10% on booking, 70% during construction and 20% on handover. Dubai Land Department registration adds 4% of the purchase price.

How does the price compare with Dubai Hills Estate? Registered sales in Dubai Hills Estate had a median of AED 2,282 per sq ft from 1 January to 1 October 2026 (Dubai Land Department, 761 sales). At about AED 2,340 per sq ft, this unit is in line with that median.

What rental yield can investors expect in Dubai Hills Estate? The median annual rent was AED 110,000, a gross yield of about 6% over the same period (Dubai Land Department, 4,062 Ejari contracts in Hadaeq Sheikh Mohammed Bin Rashid). Actual returns depend on the unit, floor and market at handover.

When will Parkwood be completed? Our feed lists handover in Q1 2029.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.