Urban Park Residences

About Urban Park Residences

Urban Park Residences is a single tower in Dubai Sports City: a G+15 building with 187 apartments, studios through two-bedrooms, on the eastern side of the city at the junction of Sheikh Mohammed Bin Zayed Road and Emirates Road. It is the first — and so far only — project from Urban Venture Real Estate Development, and everything about the building is designed to read as more considered than its price point.

The specification is the strongest thing about it. Full-height glazing at 3.1 metres, balconies off every unit, integrated kitchens, Grohe and Villeroy & Boch sanitaryware, smart-home controls, building-wide WiFi, a 4.2-metre reception with concierge, 24-hour security and facility management, and four high-speed lifts for 187 homes. On the amenity side: a lap pool and a kids’ pool, a jacuzzi, a rooftop BBQ area, a fully equipped gym, an EV charging bay and a yoga deck with a family area. That is a specification list you would normally see on a project selling at a higher rate per square foot.

The location is functional rather than glamorous. Sports City is built around the ICC cricket stadium and its surrounding academies, with the Els Club golf course, schools and community retail inside the district, and Emirates Road and Sheikh Zayed Road within a couple of minutes. It is a car-first address — there is no Metro station in the district — but it is one of the better value pockets for anyone working in Dubai Investments Park, Dubai South, Motor City or the Media City corridor.

The price depends on which page you read. The portal lists a studio from AED 629,000, which is AED 1,505 per square foot. The developer’s own enquiry form quotes furnished studios from AED 723,000, one-bedrooms from AED 1,290,000 and two-bedrooms from AED 1,620,000 — about 15% above the portal’s studio figure. Both may be true if the portal record is a launch price and the developer’s figures include furnishing, but nothing on either side says which is current, and a buyer should assume the higher number is the one they will be asked to pay.

The payment plan is published four different ways. The portal illustrates 20% down, 30% during construction across eight instalments, 50% on handover. The developer’s project page says “starting from 10% downpayment”. Its landing page says 40/60. Its partner page says 30/70. Four plans, one building, and only one of them can be in the sale and purchase agreement. This is the single most important thing to nail down before paying a reservation fee, because the difference between a 10% and a 20% deposit on a half-million-dirham studio is AED 63,000 in cash at the wrong moment.

What that means for a buyer. If the building is genuinely at the end of construction, this is the best kind of purchase in Dubai: you can see the apartment, check the finish, measure the light and negotiate on evidence rather than renders. If it is not, the same 50% handover payment becomes a large sum committed to a date that has already been missed once. Book a viewing at the site, ask to see the unit you would buy rather than a show flat, and ask for the completion certificate, the snagging process and the service charge estimate in writing.

Compiled November 2026 from Urban Venture’s own project, partner and landing pages (building size, specification, amenity list, location, completion claim, construction figure, price anchors and payment plans) and the listing portal’s project record (starting price, studio size, payment plan, feature tags). Not a valuation.

Layouts, sizes and price

The portal publishes one priced layout; the developer publishes starting prices by type on its own enquiry form, with no sizes attached to them:

Two things to do with this table. First, ask which price is live — the portal’s 629,000 and the developer’s 723,000 are not the same product unless the second is furnished, and nobody has said so. Second, ask for the sizes behind the one- and two-bedroom figures: a 1,290,000 one-bedroom is either good value at 850 sq ft or expensive at 650.

At AED 1,505 per square foot the portal studio sits at the affordable end of new Dubai stock, which is Sports City’s whole proposition. At 1,730 the furnished version is closer to the district average for a new building. Neither is a bargain in absolute terms; both are defensible if the specification list is what actually gets delivered.

Because the building should be near completion, this is one of the few purchases where you can check the claim rather than argue about it: stand in the studio, open the windows, look at the joinery and the sanitaryware, and see whether Grohe and Villeroy & Boch are actually there.

Price and payment plan

The portal illustrates a 20 / 30 / 50 structure. On the AED 629,000 studio:

Then read the developer’s own pages, which disagree: “starting from 10% downpayment” on the project page, 40/60 on the landing page, 30/70 on the partner page. If the real plan is 10% down and 90% at handover, the cash profile is completely different from the portal’s 20/30/50 — and on a building whose handover date has already slipped once, a structure that defers everything to handover is more exposed, not less.

Ask for the schedule as an annex to the sale and purchase agreement, with instalment dates, not percentages. Then check three things: whether the construction tranche is tied to verified milestones, what the delay clause says, and whether any post-handover element carries a profit rate or admin fee.

Budget AED 654,160 to complete on the portal’s studio price including the 4% DLD fee, or AED 752,000 on the developer’s furnished figure, before furniture, agency fees or mortgage costs. If you are financing, get the mortgage pre-approved against the actual handover date — not the one in the brochure.

Amenities

The amenity list is generous for 187 apartments: a lap-sized pool, a kids’ swimming pool, a jacuzzi, a rooftop BBQ area, a fully equipped gym, a yoga deck and family area, EV charging, a 24-hour concierge and facility management, and four lifts serving the whole building. The portal adds a lap pool it calls the “Stars Lake infinity lap pool”.

That list is also the reason to ask about the service charge early. A pool, a jacuzzi, a rooftop terrace, a gym and 24-hour staffing are recurring costs, and 187 apartments is a small base to carry them — the rate per square foot will be higher than in a 400-unit tower with the same amenities. Nobody has published an estimate. Ask for it in writing, ask what it excludes, and ask who will manage the building after handover.

Where it is

Dubai Sports City is the purpose-built sports district between Emirates Road and Sheikh Mohammed Bin Zayed Road, built around the ICC cricket stadium and a sports park, with the Els Club golf course, academies, schools and community retail inside it. The developer describes the position as the intersection of the two highways, moments from Hessa Street and Umm Suqeim Road — which in practice means fast access to Dubai Investments Park, Dubai South, Motor City, JVC and the Media City corridor.

It is a car-first district: there is no Metro station inside Sports City, and the nearest Red Line stops are a drive away. That keeps prices down and makes parking a genuinely important part of the purchase — the building advertises spacious parking, so ask how many spaces come with a studio and whether they are titled.

The rental case is the district’s usual one: mid-market rents, a steady tenant pool from the sports academies, schools and nearby business parks, and a supply pipeline that keeps a lid on how far rents can run. Before you accept the developer’s yield language — its partner page quotes 8% — check registered rents for comparable studios in Sports City and the buildings next door in Victory Heights and Motor City. For the district itself, see our Dubai Sports City guide.

At a glance

• G+15 building, 187 apartments, studios to two-bedrooms, in Dubai Sports City.
• First and only project from Urban Venture Real Estate Development.
• Portal price: 418 sq ft studio at AED 629,000 — AED 1,505 per square foot.
• The developer’s own form quotes furnished studios from AED 723,000, 1-beds from 1,290,000, 2-beds from 1,620,000.
• Handover due Q4 2026; the developer’s partner pages promised October 2026.
• No completion announcement, no revised date, no construction update since 2025.
• Construction was described as “50% completed” and “structure 40% plus” on the same page.
• Four payment plans are in circulation: 20/30/50, 10% down, 40/60 and 30/70.
• Specification: 3.1 m glazing, Grohe and Villeroy & Boch, smart home, four lifts, 4.2 m reception.
• Amenities: lap pool, kids’ pool, jacuzzi, rooftop BBQ, gym, yoga deck, EV charging.

What we verify before you reserve

• A dated completion notice or the Building Completion Certificate — the portal’s quarter is now.
• The current construction position in writing, with the consultant’s name.
• Which payment plan is in the sale and purchase agreement, as dates and amounts rather than percentages.
• The delay clause and compensation for late handover.
• Which price is live — AED 629,000 or 723,000 — and what the second includes.
• Sizes and prices for the one- and two-bedroom types, which are published as prices only.
• The service charge estimate per square foot, and who manages the building after handover.
• Parking allocation per unit, and whether the space is titled.
• Escrow account and DLD registration before any reservation payment; the project permit should be current.
• A viewing of the actual unit, not a show flat — at this stage of construction that is possible and decisive.
• How the developer has furnished and finished the show apartment, and what of that is included in the price.