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Dubai real estate: $87m One Park Square development in Jumeirah Village Circle sells out in 4 hours

Dubai real estate firm IMAN Developers sells out One Park Square in Jumeirah Village Circle in just four hours

One Park Square Jumeirah Village Circle Dubai real estate
Dubai real estate firm IMAN Developers sells out One Park Square in Jumeirah Village Circle in just four hours

Dubai real estate firm IMAN developers sold out its One Park Square project in Jumeirah Village Circle (JVC) in just four hours.

Valued at AED320m ($87m), One Park Square is IMAN developers’ 14th development and is scheduled for completion in the second quarter of 2028.

Ismail Marfani, CEO of IMAN Developers, said: “The overwhelming demand for One Park Square demonstrates the appeal of a thoughtfully designed residence that resonates with Dubai’s modern families.

One Park Square in Dubai sold out

“This project represents our commitment to elevating urban living, with a design that combines the timeless beauty of nature with the functionality and luxury that define IMAN developers. We are excited to see One Park Square become a valued part of the JVC community.”

One Park Square in Dubai comprises 24 floors with a mix of residential and retail spaces. The development includes 266 residential units and three retail units, offering a range of options to suit diverse lifestyles.

These include 107 studios, 115 one-bedroom apartments, 34 two-bedroom apartments, six two-bedroom duplexes, and four three-bedroom penthouses.

With its iconic facade and exclusive ceramic finishes, One Park Square is designed to deliver a high standard of living. Residents will experience an array of world-class amenities that support a balanced lifestyle, including a 40m leisure pool, a fitness centre, a jogging track, and spaces for relaxation like a zen garden and an expansive lobby.

An outdoor kids’ play area, a skate park, and a clubhouse provide options for socializing and recreation, while amenities like a yoga zone, barbecue area, and pet zone add to the unique lifestyle offerings of this development.

The building configuration includes studios, one- and two-bedroom apartments, two-bedroom duplexes, and three-bedroom penthouses.

IMAN Developers offered flexible payment plans tailored to suit a variety of financial needs. The payment structure includes 20 per cent upon booking, followed by payments at 10 per cent intervals at key stages of construction—90 days post-booking, and at 20 per cent, 40 per cent, and 60 per cent completion—with the remaining 40 per cent due upon project completion.

Starting prices were:

  • Studios: AED725,000 ($197,000)
  • One-bedroom apartments: AED1.05m ($286,000)
  • Two-bedroom apartments: AED1.58m ($430,000)
  • Two-bedroom duplexes: AED2.37m ($645,000)
  • Three-bedroom penthouses: AED2.95m ($803,000)

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