Parkgreen Residences (Liwan) — SKID Score 6.4/10

Key information

Delivery date: Dec 2027
Location: Dubai, Liwan, Parkgreen Residences
Payment plan: 20/10/70
Property types: Apartment
Government fee: 4% + AED 3,150 admin
Ownership type: Freehold
Starting price / sq.ft: AED 1,328 / sq.ft
Unit sizes: From 696 sq.ft
SKID score: 6.4 / 10 (Proceed with caution)

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Payment plan

20%

Down payment

AED 185K

At sales launch

10%

During construction

AED 92K

Construction milestones

70%

On handover

AED 647K

Dec 2027

Published milestone schedule · Payment Plan 1

20% + 4% DLD + 3150 AED Admin fees20% · AED 185K

5%5% · AED 46K

70%70% · AED 647K

Project timeline

Project announcement
Alishaan Developments official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Dec 2027

About the project

Proceed with caution.

Several evidenced factors are weak.

Parkgreen Residences is a residential project by Alishaan Developments, located in the heart of Liwan. The building features nine residential floors above a ground floor and forms a calm community focused on family living and well-being. Parkgreen Residences offers one-, two- and three-bedroom apartments. The semi-furnished residences include fully equipped kitchens, while interiors feature light-filled layouts, natural textures and refined finishes designed for everyday comfort. The contemporary exterior combines clean architectural lines with nature-inspired elements and integrated greenery, creating a serene and balanced appearance. Residents enjoy a swimming pool, fitness studio, multipurpose room, co-working space, kids’ play area and landscaped community spaces. The complex offers convenient access to key destinations. Silicon Central Mall is 3 minutes away, GEMS FirstPoint School is 7 minutes away, Dubai Outlet Mall is 10 minutes away, Zayed University and Academic City are 12 minutes away, Dubai Hills Mall is 15 minutes away, Global Village is 18 minutes away, Downtown Dubai, Dubai Mall and Dubai International Airport are 20 minutes away.

Asking price is 24.4% above nearby closed sales (+AED 260/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

Billiards
Covered Gym
Covered Kids’ Play Area
Coworking Zone
Fitness Zone
Gaming Lounge
Indoor Multipurpose Space
Landscaped Open Areas
Leisure Areas
Lift
Lobby
Lounge
Park Access
Parking
Pool Deck
Recreational Areas
Resting Areas
Shared Gym & Fitness Centre
Shared Pool
Sitting Area
Smart Home
Social Zone
Table Tennis
Yoga Area

Units

from developer

1 BR

Floor plan not published by source

696 sq.ft · AED 1,328 / sq.ft

From AED 924K

2 BR

Floor plan not published by source

Size on request

Price on request

3 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

6.4/ 10

Historical DLD Transaction Context

Asking price is 24.4% higher than nearby completed homes (+AED 260/sq.ft.)

24.4% above comparable sales

The developer asks AED 924,400 (~AED 1,328/sq.ft. for a published 696 sq.ft. starting unit), while comparable residential homes in Liwan sold for a median of AED 1,068/sq.ft. (AED 743,328 for the same size).

1. Published Asking Price

AED 1,328 / sq.ft.

AED 924,400 starting price · 696 sq.ft.

2. Historical Nearby Closed Sales

AED 1,068 / sq.ft.

~AED 743,328 for the same size

3. Spread vs Historical Median

+AED 260 / sq.ft. (+24.4%)

+AED 181,072 vs historical median

Show bar comparison & transaction context

Published Launch AskAED 1,328 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,068 / sq.ft.

Historical transaction context: The asking rate is 24.4% (~AED 181,072 on a 696 sq.ft. unit) above recent nearby completed homes in Liwan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 24.4% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment20%

AED 185K

At booking

During construction10%

AED 92K

Construction milestones

On handover70%

AED 647K

Handover Dec 2027

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 24.4% above nearby closed sales (+AED 260/sq.ft.)

The developer asks AED 1,328/sq.ft., whereas comparable homes in Liwan sold for a median of AED 1,068/sq.ft. (~AED 181,072 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+24.4% (+AED 260/sq.ft.)

Asking price is 24.4% above nearby closed sales (+AED 260/sq.ft.)

The developer asks AED 1,328/sq.ft., whereas comparable homes in Liwan sold for a median of AED 1,068/sq.ft. (~AED 181,072 higher for the same area).

Why this matters: The asking rate is 24.4% (~AED 181,072 on a 696 sq.ft. unit) above recent nearby completed homes in Liwan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 24.4% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for Alishaan Developments in catalog

Alishaan Developments is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

Payment-Plan Exposure

30/70 Split

Balanced milestone schedule: 70% payable at or after handover

The published payment schedule requires 30% of the contract price (~AED 277,320) during construction, with 70% due at or after handover.

Why this matters: Deferring at least 40%–50% of the purchase price until completion reduces pre-handover cash lock-in, though buyers must still plan liquidity or financing for the final installment.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

0.4 since last analysis

Last evaluated: 2026-11-02

Strong

• 3 other live launches in Liwan
• 70% of the price is due at or after handover, keeping strong buyer leverage until completion
• Handover sits in a typical 1–3 year off-plan window
• Service charge published at 11

Watch

• Amenities mention park

Risk

• Published starting price vs historical DLD closed sales median: +24.4% above historical DLD closed sales median per sq ft in this community
• 24 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

See all 8 scoring factorsWhy SKID gave it 6.4

Why SKID gave it 6.4

Location

Weight: 29.6%

6.5/ 10

Amenities mention park

Entry price

Weight: 22.2%

3.2/ 10

Published starting price vs historical DLD closed sales median: +24.4% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

8.0/ 10

3 other live launches in Liwan

Payment plan

Weight: 14.8%

8.7/ 10

70% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 7.4%

4.5/ 10

24 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

Service charges

Weight: 3.7%

8.6/ 10

Service charge published at 11

Factor	Weight	Score
Location Amenities mention park	29.6%	6.5/ 10
Entry price Published starting price vs historical DLD closed sales median: +24.4% above historical DLD closed sales median per sq ft in this community	22.2%	3.2/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition 3 other live launches in Liwan	14.8%	8.0/ 10
Payment plan 70% of the price is due at or after handover, keeping strong buyer leverage until completion	14.8%	8.7/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	7.4%	8.6/ 10
Exit liquidity 24 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)	7.4%	4.5/ 10
Service charges Service charge published at 11	3.7%	8.6/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Ready · Apartment	AED 495K	644	769
2026-07-07	Ready · Apartment	AED 1.54M	1,442	1,067
2026-07-06	Ready · Apartment	AED 530K	856	619
2026-07-06	Off-plan · Apartment	AED 830K	664	1,250
2026-07-06	Ready · Apartment	AED 410K	853	481
2026-07-06	Off-plan · Apartment	AED 1.02M	782	1,305
2026-07-06	Off-plan · Apartment	AED 1.05M	754	1,393
2026-07-06	Off-plan · Apartment	AED 561K	400	1,402
2026-07-06	Ready · Apartment	AED 800K	655	1,221
2026-07-02	Off-plan · Apartment	AED 800K	656	1,219
2026-07-02	Off-plan · Apartment	AED 815K	664	1,227
2026-07-02	Ready · Apartment	AED 820K	655	1,252
2026-07-01	Ready · Apartment	AED 800K	1,683	475
2026-07-01	Ready · Apartment	AED 950K	802	1,185
2026-07-01	Ready · Apartment	AED 993K	950	1,045
2026-07-01	Off-plan · Apartment	AED 1.06M	754	1,412
2026-07-01	Off-plan · Apartment	AED 1.26M	830	1,518
2026-07-01	Off-plan · Apartment	AED 1.2M	857	1,400
2026-07-01	Off-plan · Apartment	AED 1.3M	754	1,731
2026-07-01	Off-plan · Apartment	AED 1.3M	790	1,645
2026-07-01	Off-plan · Apartment	AED 905K	425	2,127
2026-07-01	Off-plan · Apartment	AED 1.23M	857	1,435
2026-06-30	Ready · Apartment	AED 499K	582	858
2026-06-30	Ready · Apartment	AED 600K	448	1,340

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Liwan, Parkgreen Residences

Interactive map ready (1 verified location)

· Liwan, Dubai

View project

Living in Liwan

Historical DLD Median

AED 1,068 / sq.ft

Historical DLD Sample

249 closed sales

Ownership

Freehold

Frequently asked questions

Is Parkgreen Residences a good off-plan investment in Liwan?

Parkgreen Residences in Liwan (Dubai) scores 6.4/10 (caution) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: payment plan. Weakest: entry price. Historical DLD Closed Transactions: matched closed sales in Liwan record a median of AED 1,068/sqft across 249 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Parkgreen Residences?

Alishaan Developments is the developer named on this launch.

When is handover for Parkgreen Residences?

The published handover is Dec 2027.

What is the starting price of Parkgreen Residences?

The published starting price is AED 924K.

What does the SKID screen mean for Parkgreen Residences?

The SKID screen for this launch in Liwan is 88 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.