Parkwood Residences

TL;DR Summary: • A premier 6-storey boutique residential development by AG Properties in JVC District 14. • Features an exclusive collection of 174 luxury units including studios, apartments, and duplexes. • Estimated handover in Q2 2026, featuring Italian Scavolini kitchens and smart home tech. • Boasts world-class amenities including an infinity pool, rooftop garden, and private cinema room. • Strategically located just 5 minutes from Circle Mall with rapid access to Al Khail Road.

Project Overview: Parkwood Residences, originally announced as the Kensington project, is an extraordinary and ultra-modern residential development situated in the strategic heart of District 14 within Jumeirah Village Circle (JVC). Masterfully developed by the visionary Arabian Gulf Properties (AG Properties) and rising to 6 storeys (B + G + 5 + Roof), this boutique project is designed to redefine the standards for "contemporary urban luxury" in the area. The project represents a physical testament to modern architectural elegance, featuring a sophisticated facade and meticulously planned interiors that maximize space and natural light. Target completion is set for the second quarter of 2026, serving as a prestigious urban sanctuary for professionals and families who desire a refined, low-density living environment near the city's future growth hubs.

Property Specifications and Unit Types: The high-performance development houses exactly 174 meticulously crafted residential units characterzied by their modern aesthetics and functional layouts. Prospective buyers and tenants can choose from well-appointed studio apartments (~496 sqft), generous 1-bedroom units (~718 to 982 sqft), and expansive 2 and 3-bedroom family layouts and duplexes reaching up to 2,888 sqft. Every residence is a fully integrated smart home and features high-end finishes including premium Italian cabinetry by Scavolini and European kitchen appliances. Current market valuations price units starting from AED 630,000 for studios, representing a robust investment with high potential for capital growth and strong rental yields due to the building's limited availability and high maintenance standards.

Resort-Style Amenities and Lifestyle: AG Properties has engineered Parkwood Residences to provide a holistic wellness and leisure ecosystem. The building is anchored by its spectacular rooftop infinity swimming pool and a state-of-the-art gymnasium. Health and wellness are prioritized with professional spa facilities and beautifully landscaped rooftop gardens with BBQ areas. Unique lifestyle features include a private cinema room for residents, safe children's play areas, and a sophisticated lobby lounge. Convenience is maximized with 24-hour security with CCTV surveillance, professional concierge services, and secure allocated basement parking for all inhabitants.

Exceptional Strategic Connectivity: Logistically, Parkwood Residences offers an unparalleled strategic advantage in the JVC corridor. Positioned flawlessly in District 14, residents enjoy rapid, traffic-free access to major arterial highways, including Al Khail Road (E44) and Hessa Street (D61). The development is situated just 5 minutes away from the Circle Mall and approximately 15 minutes from the Mall of the Emirates, Dubai Marina, and JBR. Surrounded by top-tier international schools like JSS International School and essential healthcare services, Parkwood Residences stands as the ultimate residential choice for those who wish to merge high-end comfort with unmatched city connectivity.