Unit B506, Parkwood Residence: what it sold for and what it is worth now

Unit B506 at Parkwood Residence is a 1 bed of 718 sq ft. It last sold for AED 949,162 on 6 Nov 2025. At AED 1,150 per sq ft, from 15 sales of units ending 06 (same position in the tower), it is worth about AED 825,000 today.

Value todayAED 825,000AED 791,000 to AED 893,000
Last saleAED 949,1626 Nov 2025 · Off-plan
Change since last sale-13.1%Building trend alone: AED 937,655
Bedrooms1 bed
Size718 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 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 B506

DatePriceSizeAED/sq ftType
6 Nov 2025AED 949,162718 sq ft1,322Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
A00620 Oct 2025AED 1,100,705982 sq ft1,121Off-plan
A5062 Sep 2025AED 1,374,9851,196 sq ft1,150Off-plan
A40627 Feb 2025AED 1,295,0001,196 sq ft1,083Off-plan
B10626 Feb 2025AED 1,430,2661,404 sq ft1,019Off-plan
B30619 Feb 2025AED 970,189717 sq ft1,353Off-plan
C50620 Nov 2024AED 819,731631 sq ft1,299Off-plan
C20628 Oct 2024AED 957,332817 sq ft1,172Off-plan
A10624 Sep 2024AED 1,435,3261,361 sq ft1,055Off-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
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
A5072 Jul 2025AED 1,000,078718 sq ft1,393Off-plan

How we worked out the value

We took the 15 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,150). We multiplied it by the size of this unit (718 sq ft). The range uses the middle half of those sales (AED 1,102 to AED 1,243 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 937,655. 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 B506 at Parkwood Residence worth?

About AED 825,000 (range AED 791,000 to AED 893,000), based on AED 1,150 per sq ft from registered sales up to 4 Aug 2026.

When did unit B506 last sell?

6 Nov 2025, for AED 949,162 (off-plan). It has 1 registered sale.

Sales alert for Parkwood ResidenceAll sales in Parkwood Residence

Unit B505 · Unit B507