Unit B407, Parkwood Residence: what it sold for and what it is worth now

Unit B407 at Parkwood Residence is a studio of 484 sq ft. It last sold for AED 759,795 on 20 Nov 2024. At AED 1,282 per sq ft, from 13 sales of units ending 07 (same position in the tower), it is worth about AED 620,000 today.

Value todayAED 620,000AED 567,000 to AED 742,000
Last saleAED 759,79520 Nov 2024 · Off-plan
Change since last sale-18.4%Building trend alone: AED 761,387
Bedroomsstudio
Size484 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 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 B407

DatePriceSizeAED/sq ftType
20 Nov 2024AED 759,795484 sq ft1,570Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
C20719 Nov 2025AED 1,010,618863 sq ft1,171Off-plan
A5072 Jul 2025AED 1,000,078718 sq ft1,393Off-plan
B5072 Jul 2025AED 769,971484 sq ft1,591Off-plan
A20730 May 2025AED 849,342718 sq ft1,183Off-plan
A10725 Feb 2025AED 867,991834 sq ft1,041Off-plan
B30725 Feb 2025AED 747,706481 sq ft1,554Off-plan
C3075 Feb 2025AED 1,106,130863 sq ft1,282Off-plan
C10710 Sep 2024AED 1,360,6171,349 sq ft1,009Off-plan

Latest studio sales in Parkwood Residence

UnitDatePriceSizeAED/sq ftType
C5021 Apr 2026AED 704,547484 sq ft1,456Off-plan
A20210 Oct 2025AED 673,000553 sq ft1,217Off-plan
B5029 Jul 2025AED 770,279484 sq ft1,591Off-plan
A4082 Jul 2025AED 856,350482 sq ft1,777Off-plan
B5072 Jul 2025AED 769,971484 sq ft1,591Off-plan
C00811 Jun 2025AED 824,917652 sq ft1,265Off-plan
C0012 Mar 2025AED 818,384652 sq ft1,255Off-plan
A50327 Feb 2025AED 686,225467 sq ft1,469Off-plan

How we worked out the value

We took the 13 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,282). We multiplied it by the size of this unit (484 sq ft). The range uses the middle half of those sales (AED 1,171 to AED 1,533 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 761,387. 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 B407 at Parkwood Residence worth?

About AED 620,000 (range AED 567,000 to AED 742,000), based on AED 1,282 per sq ft from registered sales up to 4 Aug 2026.

When did unit B407 last sell?

20 Nov 2024, for AED 759,795 (off-plan). It has 1 registered sale.

Sales alert for Parkwood ResidenceAll sales in Parkwood Residence

Unit B406 · Unit B408