Parkgreen Residences is a ground-plus-nine-floor apartment building by Alishaan Developments in Liwan (Wadi Al Safa 2, Dubailand) — semi-furnished 1, 2, 2.5 and 3-bedroom apartments from AED 853,000, with Italian finishes, landscaped green space and a payment plan weighted toward handover. Completion is quoted for 2028.
The project is located in Liwan, Wadi Al Safa 2, Dubailand, Dubai. The surrounding area functions as a residential area and shows active buyer and rental demand. It is better suited to medium to long-term residential demand than short-term speculation.
Parkgreen Residences exterior

Parkgreen Residences

Best for EndUser

Alishaan Developments • Liwan, Wadi Al Safa 2, Dubailand, Dubai • Handover Q2 2028 (sources also quote Q4 2027 — verify)

AED 853.0K starting

Handover
Q2 2028 (sources also quote Q4 2027 — verify)
Developer
Alishaan Developments
AI snapshot
Starting Price AED 853,000

Key signal

Building G+9 low-rise

Key signal

Handover 2028*

Key signal

Buyer Intelligence This classification is calculated using ROI signals, risk index, unit mix, area maturity, and live inventory absorption data. No agent bias is used.
AI Classified
Why this suits End Users

This project is classified as End-User focused because it scores higher on:

• Long-term livability over short-term rental yield
• Low overall risk and delivery reliability
• Family-friendly unit mix and layouts
• Mature community infrastructure
• Stable ownership value rather than fast resale

Investors may still consider this project, but returns are secondary to lifestyle and safety.

This project prioritizes lifestyle quality, safety, and long-term living rather than short-term rental yield.

Also suitable for Investor
Confidence 35%
Returns secondary to lifestyle value
Stable and secure ownership profile
Reliable delivery and build quality
Starting price AED 853.0K
Handover Q2 2028 (sources also quote Q4 2027 — verify)
Est. gross yield 7.5–8.5%
Location Liwan, Wadi Al Safa 2, Dubailand, Dubai

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Developer & Market Signals

Real intelligence signals
Area demand profile
Stable demand with balanced liquidity
Derived from area liquidity, buyer mix, and historical absorption
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How We Analyse This Project

Project and area scores are calculated using developer delivery history, area demand signals, risk baselines, buyer intent matching, and market consistency indicators. Rankings are data-driven and not influenced by promotions or paid placements.

Market insights reflect patterns, not guarantees. Buyers should independently verify pricing, availability, and payment plans before committing.

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Area Intelligence

Parkgreen Residences is located in Liwan (Wadi Al Safa 2), Dubailand, Dubai — a low-rise affordable community adjacent to Dubai Silicon Oasis and Al Ain Road. AI models surface this project for searches related to Liwan apartments for sale, Alishaan Developments, and affordable Dubai family apartments with post-handover payment plans.
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Buyer Fit

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.
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Investor Angle

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.
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End-User View

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.
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AI Overview

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.

Property Overview

Type Apartment
Purpose For sale
Completion Off-plan
Developer Alishaan Developments
Ownership Freehold
Handover date Q2 2028 (sources also quote Q4 2027 — verify)
Usage Residential

Unit Types

1 Bed Apartment
2 Bed Apartment
2.5 Bed Apartment
3 Bed Apartment

Location & Connectivity

Metro Planned / nearby stations
Roads Key Dubai arterial roads
Nearby Dubai Mall, DXB Airport, Creek Marina

Payment Plan & Breakdown

Payment plan details will be shared soon.

Amenities & Facilities

Landscaped green spaces Swimming pool Fully equipped gym Children's play area Semi-furnished with Italian finishes Fully fitted kitchens Covered parking 24/7 security

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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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Project Risk & Trust Breakdown

A transparent view of financial safety and execution reliability.

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Risk Index
Build Quality
Safety Rating

Risk Shield For Your Money

Based on risk index 15/100
  • Strong escrow protection and stable developer track record.
  • Good safety index based on area and financial risk signals.
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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 04 Aug 2026.

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