Parkwood Residences construction progress
Parkwood Residences in Jumeirah Village Circle is 57% built at the Land Department inspection of September 2026. Developer Arabian Gulf Properties. Completion registered for April 2026.
57%
Built, at the Land Department site inspection of 18 September 2026
5 months past its registered completion date
- Completion date (Land Department)
- April 2026
- Finish at recent pace
- December 2029
- Construction started
- December 2023
- Registered with the Land Department
- June 2024
- Developer
- Arabian Gulf Properties
- Community
- Jumeirah Village Circle
- Units
- 174
- Escrow bank
- Mashreq Bank
- Name in Arabic
- باركوود ريزيدنسز
- Land Department project number
- 2764
- Land Department site inspections
- 9
Schedule
Parkwood Residences was registered to complete in April 2026, 5 months ago, and is still under construction. Over the last year of inspections it has added about 1.1 points a month. Kept at that rate, the site would reach 100% around December 2029.
Site inspections
18 September 2026
57%+5.0 pts
1 June 2026
52%+4.0 pts
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5 February 2026
48%+1.6 pts
4 December 2025
46%+5.1 pts
1 August 2025
41%+1.3 pts
26 June 2025
40%+8.0 pts
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17 January 2025
32%+3.5 pts
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16 September 2024
29%+14 pts
20 March 2024
15%
Context
Jumeirah Village Circle has 119 projects under construction, 40% built on average.
Arabian Gulf Properties has 3 projects under construction in Dubai; 1 has passed its registered completion date.
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Notify me when it launchesQuestions
- When will Parkwood Residences be completed?
- The completion date registered with the Dubai Land Department is April 2026. At the pace of its recent inspections the site would reach 100% around December 2029. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Parkwood Residences is built?
- 57%, measured at the Land Department site inspection on 18 September 2026. The Land Department engineers have inspected the site 9 times since March 2024.
- Is Parkwood Residences delayed?
- Yes. Its registered completion date of April 2026 has passed and the Land Department still lists it as under construction.
- Who is building Parkwood Residences?
- The registered developer is Arabian Gulf Properties. It has 2 other projects under construction in Dubai.
- Which bank holds the escrow account for Parkwood Residences?
- Mashreq Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- A 99Also by Arabian Gulf Properties. 45%, Due October 2026.
- The CornerAlso by Arabian Gulf Properties. 38%, Due June 2027.
- German Supreme Tower 2Nearby in Jumeirah Village Circle. 42%, Due January 2013, passed.
- Serenity Lakes 2Nearby in Jumeirah Village Circle. 50%, Due November 2025, passed.
- Dusit Princess RijasNearby in Jumeirah Village Circle. 64%, Due April 2027.
- Samana WavesNearby in Jumeirah Village Circle. 90%, Due April 2026, passed.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.