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PARK LANE TOWER

Project

THE DEVELOPER PROPERTIES L.L.C

Project typeBuildings

Master developerالخليج التجاري (ش.ذ.م.م)

Escrow agentنور بنك (مساهمة عامة)

StatusFinished

Completed100%

Start2007-09-02

Handover2016-03-08

Buildings1

Office389

Shop7

Freehold commercial tower development in Business Bay. The building is designed to be constructed as 2B+G+3P+30(office and Hotel) formed in a concrete structure with its internal and external finishes. The office and hotel units will be handed over as ?core and shell? to be individually fitted by their respective owners.

Buildings

PARK LANE TOWER 1

Floors28

Office389

Shop7

Parking707

Apartments

Hotel Rooms208

Office

Office389

Shop

Shop7

Official sales

Sales from 2008–2026

Number of sale deals945

Office685

Median sale price706,880 AED

Median price per sqft1,300 AED

Apartment244

Median sale price682,670 AED

Median price per sqft1,858 AED

Studio244

Median sale price682,670 AED

Median price per sqft1,858 AED

Shop14

Median sale price600,000 AED

Median price per sqft700 AED

Land2

Median sale price82,578,000 AED

Median price per sqft1,211 AED

Official rent

Rent from 2016–2026

Number of rent contracts2,238

Office2,210

Shop28