Parkway by Prestige One

Parkway by Prestige One

By Prestige One Development

Spacious premium apartments with equipped kitchens near the lagoon and Ras Al Khor Nature Reserve in Meydan Horizon, Dubai. It takes only 12 minutes to drive to Burj Khalifa and 15 minutes to DXB Airport. Payment of 35% upon transfer of ownership.

Parkway by Prestige One — Location

The Parkway residential complex is located in the Meydan Horizon community in Dubai, which is part of the MBR City area in Dubai. This location is advantageous for investment. The area is forecasted for stable growth in rental yields and property prices.

According to the latest data, the rental yield in MBR City in 2023 was about 6.8%, with higher figures for new and attractive properties. In 2024, the rental yield is expected to rise to 7.4% for apartments. Price growth forecasts are also encouraging: a 5% increase in property prices is expected in 2024.

The Parkway project offers a rare combination of urban comfort and natural beauty, thanks to its location opposite the Ras Al Khor Nature Reserve. This proximity guarantees stunning views of exotic birds and mangroves, as the area around the reserve is protected from development.

One of the four lagoons of the Meydan Horizon community runs alongside Parkway. Each waterway features a promenade, beaches, running and walking paths, and leisure areas with bars and restaurants.

Major shopping centers and international schools are within a 15-20 minute drive. The travel time to Dubai Airport is about 25 minutes, to Downtown Dubai and Burj Khalifa is about 15 minutes, to the DMCC Free Zone is 20 minutes, and to Dubai beaches is 25 minutes.

Another advantage of the project's location is its proximity to the metro station, which will be built in the Meydan Horizon area, major shopping centers, and the best international schools in the UAE — North London Collegiate School and Hartland International School.

7 mins North London Collegiate School 

8 mins Ras Al Khor Wildlife Sanctuary 

10 mins Meydan Racecourse 

10 mins Meydan One Mall 

10 mins The Dubai Mall 

11 mins Dubai Frame 

12 mins Downtown Dubai 

12 mins Zabeel Park 

14 mins Dubai International Airport (DXB) 

25 mins Palm Jumeirah

Parkway by Prestige One — Floor Plans

Apartments Number of bedrooms

1 bedroom apartment

1,550,000 AED

1 bedroom apartment
    Bathrooms 1 Total area 724 sqft

    2 bedroom apartment

    2,400,000 AED

    2 bedroom apartment
      Bathrooms 2 Total area 1103 sqft

      3 bedroom apartment

      3,400,000 AED

      3 bedroom apartment
        Bathrooms 4 Total area 1735 sqft

        Parkway by Prestige One — Payment Plan

        • 65% 01

          During construction

        • 35% 02

          On handover in Q1 2028

        Buy property at the developer prices

        0%

        our commission

        Amenities

        • Club lounge
        • Game room
        • Cinema
        • Gym
        • Yoga studio
        • Children's playground

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        Prices start from 1.55 million AED for one-bedroom apartments, from 2.4 million AED for two-bedroom apartments, and from 3.4 million AED for three-bedroom apartments. This information is as of October 1, 2024. For current data, please check with Everhomes experts.

        One-bedroom apartments have an area of 67 m², two-bedroom apartments are 102 m², and three-bedroom apartments are 161 m².

        The Meydan Horizon area in Dubai, where the Parkway project is located, offers high rental yields, accessibility to shopping centers, schools, and airports, as well as developed transport infrastructure.

        The travel time to DXB Airport is about 25 minutes.

        The construction is planned to be completed in the first quarter of 2028.

        The down payment is 40,000 AED, 65% is due during construction, and 35% is payable on transfer of ownership in Q1 2028.

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