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Arabian Gulf Properties · JVC (Jumeirah Village Circle) · handover Q4 2026

Parkwood Residences payment plan

Parkwood Residences by Arabian Gulf Properties in JVC (Jumeirah Village Circle), Dubai is sold on a 20/20/10, 50% post-handover payment plan. On the cheapest unit, starting from AED 828K, that is AED 414K (50%) paid by handover in Q4 2026 and AED 414K (50%) after the keys. Handover is 3 months away.

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The Parkwood Residences payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking20%
During Construction20%
On Handover10%
After Handover50%

On the cheapest unit (Studio–3 BR, AED 828K)

On BookingAED 165,600
During ConstructionAED 165,600
On HandoverAED 82,800
After HandoverAED 414,000
Paid by handover (50%)AED 414,000
Months to handover3
After handover (50%)AED 414,000

Percentages as published by Arabian Gulf Properties. Dirham figures are those percentages applied to the published starting price of AED 828,000. Registration and other fees are not included.

The Parkwood Residences instalment schedule, line by line

Every instalment Arabian Gulf Properties publishes for Parkwood Residences, in order, with the charges listed alongside the plan.

Payment Plan

Published by Arabian Gulf Properties

StageInstalmentShareOn AED 828,000
On Booking20%DLD Feefee4%AED 33,120
Oqood FeefeefixedAED 1,618
On Booking20%AED 165,600
During Construction20%1st Installment to 2nd Installment2 × 10%AED 82,800 each
On Handoveras published10%AED 82,800
After Handover50%1st Installmet10%AED 82,800
2nd Installmet10%AED 82,800
3rd Installmet10%AED 82,800
4th Installmet10%AED 82,800
5th Installmet10%AED 82,800
Total of the plan100%AED 828,000

Lines marked fee (DLD Fee, Oqood Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Arabian Gulf Properties; the dirham column applies each percentage to the published starting price of AED 828,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Parkwood Residences

The same plan, applied to the starting price Arabian Gulf Properties publishes for each size in the building.

UnitFromOn Booking (20%)During Construction (20%)On Handover (10%)After Handover (50%)
Studiofrom 553 sq ftAED 828,000AED 165,600AED 165,600AED 82,800AED 414,000
1 bedfrom 1,086 sq ftAED 1,267,000AED 253,400AED 253,400AED 126,700AED 633,500
2 bedfrom 1,196 sq ftAED 1,451,000AED 290,200AED 290,200AED 145,100AED 725,500
3 bedfrom 1,496 sq ftAED 1,872,000AED 374,400AED 374,400AED 187,200AED 936,000

Starting price per size as published by Arabian Gulf Properties; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Parkwood Residences

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Arabian Gulf Properties and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

UnitFromLand Department 4%
StudioAED 828,000AED 33,120
1 bedAED 1,267,000AED 50,680
2 bedAED 1,451,000AED 58,040
3 bedAED 1,872,000AED 74,880

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Parkwood Residences

Parkwood Residences payment plan: questions buyers ask

What is the payment plan for Parkwood Residences?
Parkwood Residences by Arabian Gulf Properties is sold on a 20/20/10, 50% post-handover plan: 20% on booking, 20% during construction, 10% on handover, 50% after handover, as published by the developer.
How much is the booking amount for Parkwood Residences?
20% of the price. On the cheapest unit at AED 828K that is AED 165,600.
How much do I pay before I get the keys to Parkwood Residences?
50% of the price, the payment due on handover day included. On the cheapest unit at AED 828K that is AED 414K by handover in Q4 2026.
Does Parkwood Residences have a post-handover payment plan?
Yes. 50% (AED 414K on the cheapest unit) is paid after handover.
What are the registration fees on Parkwood Residences?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 828K that is AED 33,120. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Parkwood Residences?
Arabian Gulf Properties publishes Q4 2026, which is 3 months from now.

Payment plans in JVC (Jumeirah Village Circle)

Arabian Gulf Properties payment plans

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handover Q4 2026

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