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For Sale:
Dubai Apartments
Dubai South
Parklane

Buying an Apartment in Parklane

Dubai South has introduced many luxury and ambitious projects which have significantly increased the demand for real estate in Dubai, especially for expats. People trying to settle in Dubai may find properties in Dubai South an appealing choice due to its role in the growth of the economy. This spectacular community is a multi-purpose development located near the Al Maktoum International Airport. It features different residential projects, such as Parklane which offers some of the best properties for sale in the entire area.

Types of Apartments in Parklane

The apartments in Parklane are divided into Park Lane Residence or Park Lane Views that are complemented by the presence of more than 400 luxury townhouses that are up for sale as well. Parklane is conveniently located in front of the largest park in Dubai South. It offers an incredibly healthy and modern lifestyle to the residents. The residential area consists of a number of extremely stunning apartments such as studios and 1, 2 and 3-bedroom units with typical floor specification that include large master bedrooms with en-suite bathrooms, a spacious balcony, a living area, a laundry room and a fitted ultra-modern kitchen. If we talk about Park Lane Residence then it is a complex with 4 apartment buildings with over 700 residential units for sale. The Parklane studios have an average size of 380 sq. ft. while 1-bedroom units are as large as 670 sq. ft. 3-bedrooms are based on 1,460 sq. ft. of land. 

Sale Price Trend for Apartments in Parklane

The payment plan required to buy an apartment in Parklane starts with a 5% down payment which is followed by another 5% payment after 3 months from the date of purchase. After 3 months, 5% of the total payment is made and the rest is paid at the time of handover of the property. When it comes to studio units, the average price of a studio is about AED 375,000 while for a single-bedroom apartment, the price starts from AED 580,000. A 2-bedroom apartment in Parklane with a maid’s room starts from a value of AED 910,000 and finally, potential homeowners can buy a 3-bedroom apartment in this community with the starting figure of AED 1.15 million.

Highlights of Parklane

The community has easy access to retail stores, sports centres, schools, hospitals, gas station mosques, hotels and restaurants. Parklane apartments are extremely close to the Dubai Metro Line extension, Dubai Expo 2020 site, Business Park, Grand Hyper DWC, Centre Point and Home Box Furniture. The community has neighbours like Al Furjan and Jumeirah Golf Estate while the amenities provided by this gated-community include swimming pools, clubhouses, parks, fitness centres, international schools and restaurants such as Olives Restaurant, Skini Panini, Golos Italia Restaurant, ENOC and McDonald`s Drive Thru. Residents can also avail good medical attention at DWC AMI Airport Medical Centre and DWC AMI PTB Ambulance Office.