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Park Residences

Park Residences
License number: 202302934469

About Park Residences

Ask for Price Starting Price from
1-3BR Available Units
1,600 Area from
(sq. ft.)
Ready Handover

Park Residences is part of an integrated complex located in the Khalifa Park neighbourhood of eastern Abu Dhabi. It has more than 200 residential units, which differ in size, number of bedrooms, and layout. The project was developed by Rotana.

The complex provides a variety of amenities, including:

  • Swimming pool with temperature controls
  • Children’s playground
  • Modern gym
  • Security with video surveillance
  • Fire detection systems
  • Laundry and dry cleaning services
  • Beauty salon and hairdresser
  • Parking on the ground floor

Properties include one- to three-bedroom apartments. Units feature quality furniture, stylish interior design, and spacious balconies with beautiful views of the surrounding area and the Sheikh Zayed Grand Mosque.

The most popular properties are the two-bedroom apartments with a size of 1,600 sq. ft (148 sq. m), and the annual rental rates are approximately AED 100,000 (USD 27,200).

*The price is valid for 2021

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Property Information

  • Location Khalifa City, Abu-Dhabi, UAE
  • Status of Project Ready
  • Type of Project Residential Tower
  • Units 1-3BR
  • Area from 1,600 sq. ft.
  • Total Amout of Units 200

Location

Park Residences is located near Abu Dhabi International Airport and the city centre, and Khalifa Park can be reached within a two-minute walk of the complex.

Residents can shop for groceries and fresh produce at local supermarkets that are situated within walking distance of the apartments, and there are shopping malls located within a short drive and feature clothing stores, restaurants, and entertainment venues.

There are several local attractions near the complex, including the island of Yas, Sheikh Zayed Grand Mosque, and the waterfront of Eastern Mangroves.

Residents can choose from a selection of nearby restaurants, including Teatro, Ginger, and Cooper’s Bar.

The Bodylines fitness centre can be reached within a five-minute walk of the apartments. Public transportation is also available near the apartments.

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Payback

Park Residences offers several profitable real estate investment opportunities. Properties have a return on investment rate that averages 5.6%, depending on the type of apartment.

The modern complex is an ideal place to live for families with children and professionals. The building is situated in a vibrant area with a well-developed infrastructure, good transport interchanges, and an abundance of amenities.

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