Unit A501, Parkwood Residence: what it sold for and what it is worth now

Unit A501 at Parkwood Residence is a 1 bed of 836 sq ft. It last sold for AED 870,327 on 25 Nov 2024. At AED 1,041 per sq ft, from 17 sales of units ending 01 (same position in the tower), it is worth about AED 870,000 today.

Value todayAED 870,000AED 844,000 to AED 895,000
Last saleAED 870,32725 Nov 2024 · Off-plan
Change since last sale-0.0%Building trend alone: AED 872,151
Bedrooms1 bed
Size836 sq ft
Floor5 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingParkwood Residence by Arabian Gulf Properties, handed over 2026
Registered sales of this unit1

Every registered sale of unit A501

DatePriceSizeAED/sq ftType
25 Nov 2024AED 870,327836 sq ft1,041Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
C10123 Jul 2025AED 1,460,1531,405 sq ft1,039Off-plan
B2019 Jul 2025AED 1,223,1621,187 sq ft1,030Off-plan
A2016 Mar 2025AED 1,205,8901,004 sq ft1,201Off-plan
C3013 Mar 2025AED 1,276,7011,215 sq ft1,051Off-plan
A1013 Mar 2025AED 1,012,9071,004 sq ft1,009Off-plan
C0012 Mar 2025AED 818,384652 sq ft1,255Off-plan
B10126 Feb 2025AED 1,350,8121,371 sq ft985Off-plan
A0014 Dec 2024AED 1,449,3481,641 sq ft883Off-plan

Latest 1 bed sales in Parkwood Residence

UnitDatePriceSizeAED/sq ftType
A5054 Aug 2026AED 862,003718 sq ft1,201Off-plan
C20719 Nov 2025AED 1,010,618863 sq ft1,171Off-plan
B5066 Nov 2025AED 949,162718 sq ft1,322Off-plan
A00620 Oct 2025AED 1,100,705982 sq ft1,121Off-plan
A41223 Jul 2025AED 1,072,3931,206 sq ft889Off-plan
B1024 Jul 2025AED 1,033,100834 sq ft1,239Off-plan
A2114 Jul 2025AED 846,442788 sq ft1,074Off-plan
C5052 Jul 2025AED 903,440663 sq ft1,363Off-plan

How we worked out the value

We took the 17 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,041). We multiplied it by the size of this unit (836 sq ft). The range uses the middle half of those sales (AED 1,010 to AED 1,071 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 872,151. Floor, view, condition and upgrades can move the price either way. Sales data to 4 Aug 2026, from the Dubai Land Department register.

Questions

What is unit A501 at Parkwood Residence worth?

About AED 870,000 (range AED 844,000 to AED 895,000), based on AED 1,041 per sq ft from registered sales up to 4 Aug 2026.

When did unit A501 last sell?

25 Nov 2024, for AED 870,327 (off-plan). It has 1 registered sale.

Sales alert for Parkwood ResidenceAll sales in Parkwood Residence

Unit A412 · Unit A502