Parkgreen Residences: the DLD record
On 2 November 2026, the Dubai Land Department project register listed Parkgreen Residences (DLD project no. 4197) by Alishaan Developments LLC as active, 4.3% built, with completion filed for 30 June 2028. Its escrow account is open. The Land Department recorded 17 purchases here in 2026 (to 2 November 2026) at a median AED 845,105, or AED 1,238 per square foot.
- What do buyers actually pay?
- The median recorded 2026 purchase price is AED 845,105; the lowest recorded purchase was AED 700,000.
- Is it ready or off-plan?
- Off-plan. 4.3% built at the last DLD inspection; completion filed for 30 June 2028.
- Which unit sizes sell here?
- Of the recorded 2026 purchases to 2 November 2026, none were studios and 88% were one-bedrooms.
Check it yourself: search DLD project no. 4197 in the Dubai REST app (Project Status Enquiry). Figures come from the DLD register and DLD sales records, not from the developer or agents.
Broker or developer? Show this DLD record on your own listing, free: it updates itself and sends enquiries to your WhatsApp.
Parkgreen Residences Payment Plan
If the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.
What Actually Sold at Parkgreen Residences
What buyers actually paid, from Dubai Land Department records. Recorded by the register as “PARKGREEN RESIDENCES BY ALISHAAN” in LIWAN. Data as of 2 Nov 2026.
Buying pace through the year
What buyers bought
| Unit size | Sales | Share |
|---|---|---|
| 1 B/R | 15 | 88% |
| 2 B/R | 2 | 12% |
What the DLD register records
| Registered units | 116 |
| Escrow account | Open — units may lawfully be sold |
| Registered completion | 30 Jun 2028 — marketed as Q2 2028 (sources also quote Q4 2027 — verify) |
| Construction progress | 4.28% complete |
Where the registered completion date and the marketed handover date differ, the date in your sale agreement is the one that governs. Get it in writing.
Source: Dubai Land Department, 2026. Medians move as more sales register, and do not separate developer sales from resales.
Own a unit here? See what it is worth from these sales → · Search all DLD transactions in Dubai →
Before You Pay: Check Parkgreen Residences Against the DLD Register
Marketing material is written by the seller. The Dubai Land Department register is not. These are the facts filed with the government for this project — escrow status, unit count, construction progress and the completion date on record. Free, no email needed.
Want to know if any of this changes?
We read the DLD register every morning. If the escrow status, completion date or unit count changes for Parkgreen Residences, we will email you. Nothing else.
Parkgreen Residences Handover Date & Construction Progress
Handover: Q2 2028 (sources also quote Q4 2027 — verify). Parkgreen Residences is not in the part of the DLD register we track (projects registered or due in 2026), so we cannot show its % built here.
Check the escrow account and construction progress on the DLD register or the Dubai REST app before you pay — here is how to read an escrow account, and what it does not protect →
Property Overview
Parkgreen Residences unit types & floor plans
| Unit | From | Share of recorded sales |
|---|---|---|
| 1 Bed Apartment | AED 853,000 | 88% |
| 2 Bed Apartment | – | 12% |
| 2.5 Bed Apartment | – | not recorded |
| 3 Bed Apartment | – | not recorded |
Share of 17 Dubai Land Department sales in 2026 where the unit size was recorded — the layout most people bought is the one you will compete with at resale. Floor plans: not published in a form we can verify — ask the developer for the plan of your exact unit and floor before you commit.
Parkgreen Residences Location & Master Plan
Amenities & Facilities
Is Parkgreen Residences a good investment? Our view
A low-rise Liwan building weighted toward family-sized apartments from AED 853,000 — differentiated in a corridor saturated with studios, but from a developer with a short public record.
Who it suits
Best suited for investors targeting family tenants rather than transient sharers, and for end users who want a genuine two or three-bedroom home under AED 1.5M. Less suited to buyers who need a proven developer track record or metro access.
For investors
The differentiator here is unit mix, and it is worth more than it first appears. Dubailand's supply problem is overwhelmingly a studio and one-bedroom problem; a building offering 2, 2.5 and 3-bedroom layouts competes in a much shallower pool and attracts families, who turn over far less often than the sharers who fill the corridor's compact stock. Lower vacancy and lower re-letting cost do more for net yield than a slightly higher gross figure.
The low-rise G+9 format helps too — fewer units in the building means less internal competition, and service charges in Liwan run below the Dubailand tower average. Against that, underwrite two risks properly: Alishaan is a smaller developer whose delivery record is not yet publicly established, and the quoted handover moves between Q4 2027 and mid-2028 depending on the source. Confirm the DLD escrow account and the contractual date before committing capital.
If you will live there
For end users, Parkgreen offers a genuine family apartment — two or three bedrooms, semi-furnished with Italian finishes — at a price point where most of Dubai offers a one-bed. Liwan is quiet, low-rise and already partly lived-in, with schools and Silicon Oasis retail nearby. The honest trade-off is that you will need a car; there is no metro.
How Liwan compares
Thinking about Parkgreen Residences? See how its area stacks up on recorded prices, unit mix and delivery.
FAQs
What is the starting price of Parkgreen Residences?
Pricing starts from AED 853,000 for a one-bedroom apartment, with 2, 2.5 and 3-bedroom layouts above that. For Liwan this sits around the middle of the community range — you are paying for the larger layouts and the semi-furnished specification rather than for location.
Who is the developer of Parkgreen Residences?
Alishaan Developments. It is a smaller Dubai developer without a long publicly documented delivery history, which is the main risk to price in. Verify the Dubai Land Department escrow account and the contractual completion date in writing before paying anything.
When is the handover of Parkgreen Residences?
Sources quote both Q4 2027 and June 2028. That spread is exactly why you should get the contractual date from the sale agreement rather than from marketing material.
What unit types does Parkgreen Residences offer?
1, 2, 2.5 and 3-bedroom apartments in a ground-plus-nine-floor building. The weighting toward family-sized layouts is unusual for Dubailand, where studios and one-beds dominate almost every launch.
Where is Liwan and is it a good area?
Liwan is in Wadi Al Safa 2 within Dubailand, near Dubai Silicon Oasis and Al Ain Road, roughly 22 minutes from Downtown. Its strengths are low-rise buildings, lower service charges than Dubailand towers, and an already-occupied phase (Queue Point) with an observable rental market. Its weakness is the absence of metro and still-thin retail.
Is Parkgreen Residences a good investment?
The case rests on unit mix. Family-sized apartments compete in a far shallower pool than Dubailand's studio glut and attract tenants who stay longer, which lifts net yield through lower vacancy. Gross yields in Liwan run above 8%. Against that: an unproven developer, a handover date that moves between sources, and a heavy area pipeline through 2028. It suits an investor who can tolerate delivery risk in exchange for a differentiated product.
Are apartments at Parkgreen Residences furnished?
They are delivered semi-furnished with Italian finishes and fully equipped kitchens. For a landlord that reduces fit-out cost before first letting, though confirm exactly what is included in the schedule attached to the sale agreement — 'semi-furnished' is not a standardised term.
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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 02 Nov 2026.