Unit B508, Parkwood Residence: what it sold for and what it is worth now

Unit B508 at Parkwood Residence is a 2 bed of 1,218 sq ft. It last sold for AED 1,314,475 on 9 Sep 2024. At AED 1,129 per sq ft, from 14 sales of units ending 08 (same position in the tower), it is worth about AED 1,375,000 today.

Value todayAED 1,375,000AED 1,268,000 to AED 1,521,000
Last saleAED 1,314,4759 Sep 2024 · Off-plan
Change since last sale+4.6%Building trend alone: AED 1,311,117
Bedrooms2 bed
Size1,218 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 B508

DatePriceSizeAED/sq ftType
9 Sep 2024AED 1,314,4751,218 sq ft1,079Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
A4082 Jul 2025AED 856,350482 sq ft1,777Off-plan
C00811 Jun 2025AED 824,917652 sq ft1,265Off-plan
B2083 Mar 2025AED 1,396,5001,218 sq ft1,147Off-plan
C40827 Feb 2025AED 1,296,9371,331 sq ft974Off-plan
B40827 Nov 2024AED 1,426,2941,218 sq ft1,171Off-plan
A20812 Nov 2024AED 640,043482 sq ft1,328Off-plan
A1087 Nov 2024AED 1,390,2901,405 sq ft990Off-plan
C20825 Oct 2024AED 1,379,7521,349 sq ft1,023Off-plan

Latest 2 bed sales in Parkwood Residence

UnitDatePriceSizeAED/sq ftType
A1116 Jul 2026AED 1,174,6851,338 sq ft878Off-plan
A5062 Sep 2025AED 1,374,9851,196 sq ft1,150Off-plan
C10319 Aug 2025AED 1,434,9891,361 sq ft1,054Off-plan
C10123 Jul 2025AED 1,460,1531,405 sq ft1,039Off-plan
B2019 Jul 2025AED 1,223,1621,187 sq ft1,030Off-plan
A5096 Jul 2025AED 1,315,8081,221 sq ft1,078Off-plan
A2099 May 2025AED 1,263,2931,222 sq ft1,034Off-plan
A4096 Mar 2025AED 1,297,9601,221 sq ft1,063Off-plan

How we worked out the value

We took the 14 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,129). We multiplied it by the size of this unit (1,218 sq ft). The range uses the middle half of those sales (AED 1,041 to AED 1,249 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,311,117. 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 B508 at Parkwood Residence worth?

About AED 1,375,000 (range AED 1,268,000 to AED 1,521,000), based on AED 1,129 per sq ft from registered sales up to 4 Aug 2026.

When did unit B508 last sell?

9 Sep 2024, for AED 1,314,475 (off-plan). It has 1 registered sale.

Sales alert for Parkwood ResidenceAll sales in Parkwood Residence

Unit B507 · Unit C001