Unit C501, Parkwood Residence: what it sold for and what it is worth now

Unit C501 at Parkwood Residence is a 2 bed of 1,215 sq ft. It last sold for AED 1,378,221 on 12 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 1,265,000 today.

Value todayAED 1,265,000AED 1,227,000 to AED 1,301,000
Last saleAED 1,378,22112 Nov 2024 · Off-plan
Change since last sale-8.2%Building trend alone: AED 1,381,110
Bedrooms2 bed
Size1,215 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 C501

DatePriceSizeAED/sq ftType
12 Nov 2024AED 1,378,2211,215 sq ft1,134Off-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 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 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 (1,215 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 1,381,110. 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 C501 at Parkwood Residence worth?

About AED 1,265,000 (range AED 1,227,000 to AED 1,301,000), based on AED 1,041 per sq ft from registered sales up to 4 Aug 2026.

When did unit C501 last sell?

12 Nov 2024, for AED 1,378,221 (off-plan). It has 1 registered sale.

Sales alert for Parkwood ResidenceAll sales in Parkwood Residence

Unit C410 · Unit C502