Parkway
Parkway Offered by Buy Dubai Off-Plan
Parkway

Parkway

by Prestige One Developments in Mohammed Bin Rashid City View on map Under construction

Starting price
AED 1,550,000
Payment plan
Op aanvraag
Handover
Q1 2028

≈ € 372,000

Project details

Starting price AED 1,550,000 ≈ € 372,000 What will my monthly payments be?
Payment plan Op aanvraag
Handover Q1 2028 Under construction
Bedrooms On request
Property type
Apartment
Project brochure
Free, with no obligation

The Parkway brochure

Download the brochure for Parkway van Prestige One Developments in Mohd Bin Rashid City for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Parkway

  • Luxury 1, 2 and 3 bedroom apartments with floor-to-ceiling windows and smart home technology

  • Iconic 33-storey building with green podium zones for breathtaking views

  • Strategic location in MBR City, just minutes from Downtown Dubai and Meydan Racecourse

  • Infinity pool on the 21st floor with panoramic views of the Dubai skyline

  • More than 50 world-class amenities, including a cinema under the stars and an exclusive owners’ lounge

Parkway at Mohammed Bin Rashid City: Luxury homes by Prestige One Developments

Parkway in Meydan Horizon is a prestigious residential building that harmoniously combines luxury and nature. This high-end residential project, developed by Prestige One Developments, comprises 33 storeys and offers a selection of refined 1, 2 and 3 bedroom apartments. The building is distinguished by its modern architecture, with glass facades and green podium zones creating a unique living experience. Its location in Mohammed Bin Rashid City (MBR City) ensures excellent connections to key landmarks such as Downtown Dubai and Meydan Racecourse. The project is surrounded by crystal-clear lagoons and landscaped gardens, creating a serene atmosphere. Residents can enjoy a wide range of amenities, including an infinity pool with panoramic views, an outdoor cinema and an exclusive lounge. Parkway is designed for those who wish to combine urban comfort with natural tranquillity, making it an ideal choice for both families and investors.

Home types and layouts at Parkway Mohammed Bin Rashid City

Parkway offers a balanced selection of 1, 2 and 3 bedroom apartments, all featuring high-quality finishes and smart technology. The apartments are characterised by spacious living areas with floor-to-ceiling windows, which optimise natural light and maximise the views of the surroundings. The kitchens are equipped with modern appliances and high-quality materials, while the bathrooms exude a spa-like atmosphere thanks to careful detailing. The living spaces are designed to combine both functionality and aesthetics, with seamless transitions between the different living zones. The 4-metre high ceilings contribute to a feeling of spaciousness and luxury. Each apartment features integrated smart home capabilities, allowing residents to easily control lighting, climate and security. This makes Parkway not just a place to live, but a place where comfort and convenience are paramount.

About the developer Prestige One Developments and the Parkway design

The 33-storey Parkway is a masterpiece of modern architecture, developed by Prestige One Developments, a renowned name in Dubai’s real estate sector. The building combines sleek, glass facades with green podium zones, creating a harmonious balance between urban sophistication and natural beauty. The developer is known for its attention to detail and quality, which is reflected in the careful selection of materials and innovative designs. The building offers more than 50 amenities, including a fitness centre, a yoga studio and a children’s play area, making it a complete living environment for all ages. The infinity pool on the 21st floor is one of the highlights, with breathtaking views of the Dubai skyline. In addition, the exclusive owners’ lounge provides a space for relaxation and social interaction. Prestige One Developments has created a project with Parkway that not only meets the highest standards, but also introduces a new definition of luxury living.

Prime location in Mohammed Bin Rashid City near key Dubai destinations

Parkway is located in the prestigious Mohammed Bin Rashid City (MBR City), an area synonymous with luxury and comfort. The strategic location offers excellent connections to key destinations such as Downtown Dubai, the Burj Khalifa and Dubai International Airport, all within a 15 to 18 minute drive. The proximity to Meydan Racecourse and Ras Al Khor Wildlife Sanctuary adds a unique element to the surroundings, where urban dynamism and natural tranquillity go hand in hand. The neighbourhood is characterised by wide avenues, green areas and high-quality amenities, including shopping centres such as Meydan Mall. The project itself is surrounded by crystal-clear lagoons and carefully landscaped gardens, creating a peaceful and elegant atmosphere. Thanks to this combination of accessibility and natural beauty, Parkway is an ideal choice for those who wish to experience the best of both worlds: the vibrancy of Dubai and the tranquillity of a green oasis.

Flexible payment plan for Parkway homes

The payment plan for Parkway is currently available on request, and we are happy to provide you with detailed information. We understand that investing in Dubai real estate is an important decision, and we are therefore ready to provide you with all the necessary details regarding payment terms and available options. Our team has extensive experience with off-plan projects in Dubai and can advise you on the best approach for your specific situation. Please do not hesitate to contact us for a personal consultation, during which we can inform you about the latest developments and opportunities. We strive to make the process as transparent and straightforward as possible, so that you can invest in this unique project with confidence. Please let us know if you are interested, and we would be happy to discuss the next steps with you.

Amenities

Monthly payments and your own funds

How much do you need for Parkway, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,137

≈ € 750 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 930,000≈ € 223,200
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 620,000≈ € 148,800
Purchase costs4% DLD fee and mortgage costs
AED 70,620≈ € 16,900
Total funds required
AED 1,000,620≈ € 240,100
Request finance guidance for Parkway
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Photos of Parkway

Location

Mohd Bin Rashid City, Dubai Burj Khalifa: 15 minutes (car) · Downtown Dubai: 12 minutes (car)
Open in Google Maps

Travel times from Parkway

  • Burj Khalifa: 15 minutes (car)
  • Downtown Dubai: 12 minutes (car)
  • Dubai International Airport: 18 minutes (car)
  • Mall of the Emirates: 15 minutes (car)
  • Meydan Mall: 10 minutes (car)
  • Ras Al Khor Wildlife Sanctuary: 10 minutes (car)

About Prestige One Developments

Prestige One is a renowned developer in Dubai, specialising in off-plan property projects with a strong focus on quality and location. Their portfolio includes residential and commercial projects in top locations such as Downtown Dubai, Dubai Marina, and Palm Jumeirah. One of their most recent projects is a luxury residential tower with apartments starting from 85 m2, where investors can benefit from a payment plan of just 10% upon booking. Off-plan investments with Prestige One often offer an attractive price advantage compared to ready properties. Furthermore, many projects are designed to meet the demand for sustainable and energy-efficient homes. For a complete overview of all available off-plan projects, please contact us.

Since its establishment, Prestige One has experienced impressive growth in the Dubai real estate market. The developer began with small-scale projects but quickly positioned itself as a reliable party for high-quality off-plan investments. Over the years, Prestige One has won several awards, including the Arabian Property Award for best architecture. Their first major project, a residential tower in Business Bay, was completed within the set deadline and received praise for its finishing. This success formed the basis for further expansion. Today, Prestige One is known for its transparent approach and customer-focused service. Their experience and track record make them a favourite among both local and international investors.

All projects by Prestige One Developments

Similar projects

Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.