Parkgreen Residences in Dubai Land
Parkgreen Residences · Dubai Land, Dubai
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Launch Price
AED 852,800
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
20/20/60
Handover
Q2 2028
Projected Yield
5.9 to 8.1%
Buyers in Dubai Land can access 1 - 3 beds apartment options at Parkgreen Residences from AED 852,800. A 20% booking payment secures the unit. Construction-phase instalments total 20%, with the remaining 60% due at handover scheduled for Q2 2028. Projected gross returns run in the 5.9 to 8.1% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 6,317/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 170,560 Due on signing SPA |
|
| During Construction | 20% | AED 6,317/mo 27 monthly instalments |
|
| On Handover | 60% | AED 511,680 Due at Q2 2028 |
|
| Total | AED 852,800 | ||
On Booking
20%
AED 170,560
Due on signing SPA
During Construction
20%
AED 6,317/mo
27 monthly instalments
On Handover
60%
AED 511,680
Due at Q2 2028
Total
100%
AED 852,800
Questions about Parkgreen Residences
What payment plan does Parkgreen Residences offer?
Parkgreen Residences uses a 20/20/60 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q2 2028.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Parkgreen Residences fits your budget and send you comparable alternatives.
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