Under Construction
Park Lane Building 5
UAE > Dubai > Dubai Hills Estate > Park Lane > Park Lane Building 5
80/20
| Description | Milestone Event | (%) Value |
|---|---|---|
| Down Payment | Immediate | 10% |
| 1st Installment | Within 2 Months of Sale Date (1st Installment) | 10% |
| 2nd Installment | Within 7 Months of Sale Date (2nd Installment) | 10% |
| 3rd Installment | Within 12 Months of Sale Date (3rd Installment) | 10% |
| 4th Installment | Within 23 Months of Sale Date (4th Installment(20% Construction Completion)) | 10% |
| 5th Installment | Within 31 Months of Sale Date (5th Installment(40% Construction Completion)) | 10% |
| 6th Installment | Within Months of Sale Date (6th Installment(60% Construction Completion)) | 10% |
| 7th Installment | Within 44 Months of Sale Date (7th Installment(80% Construction Completion)) | 10% |
| Payment At Handover | On Completion | 20% |
Details
Title :
Park Lane Building 5
Type :
Free Hold
Project Number :
N/A
Completion Status :
Under Construction
Life Cycle :
N/A
Master Development :
Park Lane
Developer :
Plot Number :
63111215
Project Configuration :
B+G+21
Number Of Units :
187
Number Of Sold Units :
N/A
Number Of Remaining Units :
N/A
Number Of Floor :
21
Plot Area :
304,317 Square Feet
Built Up Area :
74,906 Square Meter
Status Percentage :
33.44
Launch Date :
01-Oct-2023
Registration Date :
10-Oct-2023
Construction Started Date :
09-Jan-2024
Anticipated Completion Date :
31-Oct-2028
Cost Consultants :
N/A
Piling Contractors :
N/A
Handover Date :
01-Mar-2028
Main Contractors :
N/A
Sub Contractors :
N/A
Architects :
N/A
MEP Contractors :
N/A
Project Managers :
N/A
Amenities
Description
Park Lane Building 5, located within the prestigious Dubai Hills Estate, is a 22-storey residential building planned for Park Lane. Developed by Emaar Properties through its subsidiary, Dubai Hills Estate, this project promises a harmonious blend of convenience, aesthetics, and luxury.
Here are some key details about Park Lane Building 5:
- Units: The development will contain an estimated 187 units.
- Structure: The substructure contains one basement level used for parking.
Location and Proximity:
- Park Lane Building 5 is strategically positioned, offering easy access to major attractions, parks, beaches, golf clubs, and cinemas:
- Attractions: The Storm Coaster, Yalla Bowling, Mall of the Emirates, and Ski Dubai.
- Parks & Beaches: Dubai Hills Park, Dubai Science Park Community Park, and Barsha Pond Park.
- Golf Clubs: Dubai Hills Golf Club and Arabian Ranches Golf Club.
- Cinemas: Cinema Akil, Vox Cinemas at Mall of the Emirates, and Reel Cinemas at The Springs Souk.
- Local Schools: Nearby schools include Minerva’s Virtual Academy and GEMS International School Al Khail, with several achieving high government inspection ratings.......