Emaar Parkwood at Dubai Hills Estate

Emaar Properties, the company behind Emaar Parkwood, has delivered more than 125,600 residential units worldwide since 2002.

Mohamed Alabbar founded the company in 1997 and is its Founder and Managing Director, while Jamal Bin Theniyah serves as Chairman. Emaar listed on the Dubai Financial Market in 2000.
In 2025 the company recorded USD 21.9 billion in property sales and USD 13.5 billion in revenue, and it was ranked among the Middle East's 100 most valuable companies in 2026 with a market value of USD 36.1 billion.

Emaar works across more than 12 global markets. Alongside homes, its portfolio includes malls, leisure assets and a hospitality arm that runs the Address, Vida and Armani hotel brands.

Emaar handed over more than 2,500 homes in Dubai Hills Estate in just 6 months of 2019, across villas, townhouses and apartments. The table lists completed projects with the year each was finished

As of June 2024, more than 42,200 Emaar residential units were under development across its markets.

Dubai Hills Estate is a 2,700 acre master community that Emaar and Meraas announced as a joint venture in June 2013. It covers more than 11 million sq.m. of homes, parks, schools and retail, and is one of the largest green communities in Dubai.

At its centre is an 18 hole championship golf course. Parks and open spaces cover 1,450,000 sq.m. of the community, including the 180,000 sq.m. Dubai Hills Park, and a 54 km cycle route links the neighbourhoods. Residents also have 3 schools inside the community and the 282,000 sq.m. Dubai Hills Mall for shopping, dining and entertainment.

Parkwood moved from launch to active structural work in about 16 months: enabling, piling, foundation and structure works were all in progress at the site inspection on 7 May 2026.

The main contract is listed as progressing, and the work has been independently inspected and audited for progress. Site photos from that visit show the shared base and the lower levels of both towers taking shape, with tower cranes in place.

Milestones so far: project launch in January 2025, enabling and piling works started, foundations under way, and the superstructure rising by May 2026. The next stage is the climb of both towers to their roof levels ahead of the Q1 2029 handover.

3 established schools are within 5 minutes by car, which matters for families buying the 2 and 3 bedroom layouts.

Buying Emaar Parkwood direct means you pay the developer's list price with no resale premium. Each benefit below applies to this project specifically.

Developer list pricing: units are sold at Emaar's published prices, with no premium added by a reselling owner.
Choice of layout and stack: you can pick between 4 unit types and 2 towers, including the rare townhouse format.
Staged payment: 70 percent of the price is paid in 7 equal instalments tied to construction progress.
New home warranty: the developer's legal liability for structural parts and installations starts fresh from completion and handover.

Payments for Parkwood Emaar Dubai Hills homes go into a project trust account at First Abu Dhabi Bank, not into the developer's general funds.
Under Dubai's escrow law, the developer can only draw from this account to pay for work on this project. Releases are tied to construction progress, which RERA confirms through independent site inspections such as the May 2026 report.
If a project is cancelled, the money held in escrow is protected for buyers rather than spent elsewhere. This is the main legal safeguard when you pay 80 percent before handover.

Booking takes 4 steps, and your ownership is recorded with the Dubai Land Department at the final step.

• Expression of Interest (EOI): register for a unit with the developer or an appointed broker to hold your choice.
• Booking form: sign the booking form and pay the 10 percent booking amount to the escrow account.
• Sales and Purchase Agreement (SPA): sign the SPA with Emaar, which sets out the price, payment dates and handover terms.
• Oqood registration: the SPA is registered on Oqood, the Dubai Land Department's interim register for off plan homes.

Buying off plan in Dubai Hills Estate means buying a new home in a community people already live in, with the mall, park, golf course and schools open today. The trade off is a wait of several years for keys and rent.

The verified drivers are the developer's record in this community, recorded resale prices and the protection of the escrow structure. No return is promised here.

Resale activity: 2 bedroom units of 1,310 Sq.Ft. were registered at AED 3.3 million each in September 2026, or AED 2,493 to 2,515 per Sq.Ft.
Entry pricing: those recorded resale rates are above the developer's starting rates per Sq.Ft. shown in the price table.
Community track record: Emaar has already completed and handed over thousands of homes in Dubai Hills Estate, so the area is a lived in community, not a new district.

A property valued at AED 2 million or more by the Dubai Land Department qualifies for the 10 year UAE Golden Visa. Since February 2026, off plan homes qualify on value alone, with no minimum amount paid first.

Dubai law makes the developer liable for structural defects for 10 years from the completion certificate.

Before you take the keys, you or a snagging inspector walk through the unit, test fittings and record defects such as cracks, leaks or uneven tiles. The developer then fixes that list.
Mechanical, electrical, plumbing and drainage installations are covered for 1 year from the date the unit is handed over to you. Both periods come from Article 40 of Dubai Law No. 6 of 2019 on jointly owned property.

Report the defect in writing to the developer's customer service with photos and the unit number.
Keep the reference number and allow access for inspection and repair.
If the issue is not resolved, refer to the dispute terms in your SPA and raise it with the Dubai Land Department.

The building structure and common areas are insured through the owners' association policy, and the cost is part of your annual service charge.

Contents cover: protects furniture, appliances and personal items, which the building policy excludes.

Landlord cover: adds loss of rent and tenant damage protection for rented units.
Mortgage requirements: lenders in the UAE usually require life cover on the borrower and property insurance for the term of the loan.