Parkway by Prestige One

Parkway by Prestige One: Meydan Horizon's Ultra-Amenitised Luxury Skyscraper

TL;DR Snapshot

| Detail | Info | |---|---| | Developer | Prestige One Developments | | Location | Meydan Horizon (Bu Kadra), Meydan, Dubai | | Height | 34 storeys (G + Podium + 32 residential floors) | | Total Units | 274 | | Unit Types | Studio, 1BR, 2BR | | Status | Under Construction — Expected Q1 2028 | | Price Range | AED 1,550,000 – AED 3,000,000 | | Payment Plan | 20% Down / 45% During Construction / 35% On Handover | | Lifestyle | Luxury | | Title | Freehold | | Key Highlights | 50+ amenities, starlit-ceiling indoor cinema, Ras Al Khor Wildlife Sanctuary views, canal access |

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Introduction: Luxury Redefined at Meydan Horizon

Parkway by Prestige One is a landmark off-plan residential tower in the fast-emerging Meydan Horizon (Bu Kadra) master community — a 34-storey, 274-unit skyscraper that has rapidly become one of the most anticipated launches in Meydan's residential pipeline. Launched in Q4 2024 and targeting handover in Q1 2028, Parkway represents Prestige One Developments' most ambitious project to date: a building where the amenity programme itself — 50+ distinct lifestyle facilities — is as compelling a proposition as the residences it houses.

Meydan Horizon occupies a uniquely privileged urban position: directly adjacent to the Ras Al Khor Wildlife Sanctuary (one of the UAE's most celebrated flamingo and mangrove reserves), moments from the iconic Meydan Racecourse, and connected to Downtown Dubai via the Al Ain Road corridor in under 15 minutes. Parkway captures this location's full panoramic potential through floor-to-ceiling glazing and deep balconies that frame nature reserve views, canal vistas, and the Dubai skyline.

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Location: Meydan's Central Connectivity

Meydan Horizon (Bu Kadra) is positioned to become one of Dubai's pivotal mid-city residential anchors — central enough for DIFC and Downtown commuters, yet calm enough to retain the community character that families and lifestyle buyers demand.

Proximity Table

| Destination | Drive Time | |---|---| | Ras Al Khor Wildlife Sanctuary | Immediate — adjacent | | Meydan Racecourse | ~10 minutes | | Downtown Dubai / Burj Khalifa | ~15 minutes | | DIFC (Dubai International Financial Centre) | ~15 minutes | | Dubai International Airport (DXB) | ~20 minutes | | Business Bay | ~15 minutes | | Dubai Mall | ~18 minutes | | Dubai Silicon Oasis | ~15 minutes | | Deira / Old Dubai | ~25 minutes |

Highway Access: Al Ain Road (E66) and Ras Al Khor Road (E44) provide direct high-speed access north to the airport, west to Downtown, and east toward the outer suburbs. The master community's internal road network connects to both arterials without channelling through congested intersections.

The Ras Al Khor Advantage: Very few Dubai residential towers offer unobstructed views of a protected wildlife sanctuary. From upper floors of Parkway, residents observe flamingos, herons, and migratory birds against a backdrop of mangrove habitat — a living, breathing natural panorama that no amount of money can recreate in a city-centre tower.

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Architecture and Design: 34 Storeys of Considered Luxury

Prestige One has positioned Parkway as a design-first project — a building where the facade, floor plan efficiency, and interior finish programme reflect a developer philosophy centred on genuine luxury rather than aspirational branding.

Building Profile:

• G + Podium + 32 residential floors
• Contemporary facade with high-specification glazing — maximising light penetration while reducing solar gain
• Double-height podium lobby with premium stone finishes and a dedicated concierge desk
• High-speed lift cores serving all residential floors with minimal wait times

Interior Specification:

• Open-plan kitchen-living-dining layouts across all unit types
• Floor-to-ceiling windows and full-depth balconies — views oriented toward the sanctuary and canal
• Fully fitted kitchens with European appliances and premium cabinetry
• Luxury bathroom suites with designer fixtures
• Home automation system — lighting, climate, and access control
• Central A/C with individual unit temperature management

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Unit Configuration Analysis

| Type | Size Range | Starting Price | Best For | |---|---|---|---| | Studio | 400–500 sq ft | From AED 1,550,000 | Investors, short-let operators | | 1 Bedroom | 700–900 sq ft | Mid-range | Professionals, couples, yield investors | | 2 Bedroom | 1,000–1,300 sq ft | Up to AED 3,000,000 | Families, executives, upsizers |

Floor Plan Efficiency Note: At 700–900 sq ft for a 1BR, Parkway's units are generously sized relative to the Dubai market average for comparable luxury towers. The 2BR at 1,000–1,300 sq ft provides genuine family-suitable proportions rather than the cramped 2BR format common in JVC or JLT mass-market towers.

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The 50+ Amenity Programme: A Resort Within a Tower

Prestige One's signature for Parkway is an amenity suite exceeding 50 distinct lifestyle facilities — a claim that places it among the most comprehensively equipped residential towers in Meydan and the broader Dubai mid-market luxury segment.

Aquatic & Leisure

• Oversized adults' leisure pool with panoramic views
• Dedicated children's pool
• Sun deck with premium loungers
• Canal-level waterfront access and promenade

Health & Wellness

• State-of-the-art gymnasium — full cardio, strength, and functional training equipment
• Dedicated yoga and meditation studio
• Sauna and steam room

Entertainment

• Indoor cinema with a starlit ceiling — Parkway's signature amenity. A private screening room with acoustically engineered interiors and a ceiling installation replicating an open-sky starfield
• Arcade room — fully equipped interactive gaming and entertainment
• Club lounge — residents' social lounge with bar service
• Juice bar — integrated with the wellness zone

Outdoor & Sports

• Leisure deck with BBQ stations
• Mini-putt golf green — a rare residential amenity in Dubai
• Multi-purpose sports courts
• Jogging track on the podium level

Family

• Children's play area — interactive, age-appropriate installations
• Separate pool zone for children and families

Professional

• Co-working zone
• Meeting room access for residents

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Investment Case: Meydan Horizon Off-Plan Opportunity

Why Parkway is a strong off-plan play:

1. Meydan master community growth — Meydan Horizon is a multi-billion-dollar mixed-use master development that is still in its early delivery phases. Properties purchased in early-phase towers consistently benefit from capital appreciation as the surrounding infrastructure (retail, hospitality, metro, parks) completes.

2. Ras Al Khor view premium — wildlife sanctuary views in Dubai are a finite, protected asset. Once all direct-view plots are developed, new construction will never again be permitted adjacent to the reserve. Upper-floor units with sanctuary views carry an irreplaceable, scarcity-driven premium that grows over time.

3. 50-amenity differentiation — in a market crowded with luxury off-plan launches, Parkway's amenity density creates genuine product differentiation. Tenants willing to pay premium rents for amenity-rich buildings specifically seek out properties like Parkway.

4. Prestige One track record — The Place by Prestige One (Dubai Sports City) demonstrated the developer's ability to deliver on an ambitious amenity promise. Parkway benefits from buyer confidence built on that completed project.

5. Competitive 1BR entry — AED 1.55M for a Meydan-located, 50-amenity tower 1BR with Ras Al Khor views represents strong relative value versus comparable launches in Downtown (AED 2M+) or Business Bay (AED 1.8M+).

Rental Yield Context (Meydan 1BR): Meydan 1BR apartments have achieved AED 90,000–110,000 per annum in annual rents for furnished units in comparable towers, representing gross yields of approximately 5.8%–7.1% on the entry price.

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Payment Plan

| Milestone | Percentage | |---|---| | Down Payment | 20% | | During Construction | 45% | | On Handover (Q1 2028) | 35% |

The 65/35 split gives buyers strong financial leverage — 35% is deferred to handover in Q1 2028, meaning the largest single chunk is paid only when the asset is ready to generate income.

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Conclusion

Parkway by Prestige One is among Meydan Horizon's most compelling luxury residential launches — a 34-storey, 274-unit tower that combines Ras Al Khor Wildlife Sanctuary views, canal access, and a 50+ amenity programme (including a starlit-ceiling cinema and mini-putt golf) with competitive entry pricing from AED 1.55M. For investors seeking a differentiated Meydan off-plan asset with genuine amenity density and a development location that will continue to appreciate as the master community matures, Parkway delivers an unusually complete proposition.