{
    "entity_type": "real_estate_project",
    "name": "Park Lane Tower",
    "url": "https://continentalclub.ae/project/park-lane-tower-business-bay/",
    "language": "en",
    "developer": {
        "name": "The Developer Properties L.L.C",
        "url": "",
        "registry_name": ""
    },
    "location": {
        "community": "Business Bay",
        "url": "https://continentalclub.ae/location/business-bay/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "20",
        "status": "Ready",
        "completion_percent": 100,
        "inspection_date": "2016-08-24",
        "escrow_bank": "Noor Bank",
        "units_in_registry": 604,
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                "date": "2012-11-24",
                "completion_percent": 31.25
            },
            {
                "date": "2014-05-05",
                "completion_percent": 51.8
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            {
                "date": "2015-02-26",
                "completion_percent": 81.4
            },
            {
                "date": "2015-08-31",
                "completion_percent": 91.5
            },
            {
                "date": "2016-08-24",
                "completion_percent": 100
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        ],
        "pace": null
    },
    "commercial": {
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        "price_origin": "",
        "currency": "AED",
        "units": 604,
        "handover": "Q1 2016",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": null,
        "payment_plan": "",
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        "service_charge_aed_sqft": null
    },
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            {
                "type": "Studio hotel apartments",
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                "units": null,
                "size_sqft_min": 305,
                "size_sqft_max": 547,
                "price_from_aed": null
            }
        ]
    },
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                "type": "Shop",
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                "aed_per_sqm": 12396
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    },
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        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-10-17",
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            {"date":"2026-02-24","type":"Office","bedrooms":null,"area_sqm":48,"price_aed":1050000,"aed_per_sqm":21857,"market":"resale"},
            {"date":"2026-02-24","type":"Office","bedrooms":null,"area_sqm":45.8,"price_aed":745205,"aed_per_sqm":16264,"market":"resale"},
            {"date":"2026-02-10","type":"Office","bedrooms":null,"area_sqm":39.5,"price_aed":1000000,"aed_per_sqm":25349,"market":"resale"},
            {"date":"2026-02-05","type":"Studio","bedrooms":0,"area_sqm":29.9,"price_aed":520000,"aed_per_sqm":17415,"market":"resale"},
            {"date":"2026-02-02","type":"Office","bedrooms":null,"area_sqm":45.8,"price_aed":933914,"aed_per_sqm":20382,"market":"resale"},
            {"date":"2026-01-29","type":"Office","bedrooms":null,"area_sqm":60.8,"price_aed":1255000,"aed_per_sqm":20635,"market":"resale"}
        ],
        "recent_rents": [
            {"date":"2026-10-09","type":"Office","bedrooms":null,"area_sqm":42.1,"annual_rent_aed":75000,"aed_per_sqm_year":1782},
            {"date":"2026-10-08","type":"Office","bedrooms":null,"area_sqm":51.7,"annual_rent_aed":85000,"aed_per_sqm_year":1643},
            {"date":"2026-10-08","type":"Office","bedrooms":null,"area_sqm":41.3,"annual_rent_aed":80000,"aed_per_sqm_year":1937},
            {"date":"2026-10-05","type":"Office","bedrooms":null,"area_sqm":102.1,"annual_rent_aed":170000,"aed_per_sqm_year":1665},
            {"date":"2026-10-05","type":"Office","bedrooms":null,"area_sqm":39.4,"annual_rent_aed":66000,"aed_per_sqm_year":1674},
            {"date":"2026-10-05","type":"Office","bedrooms":null,"area_sqm":45.8,"annual_rent_aed":80000,"aed_per_sqm_year":1749},
            {"date":"2026-10-04","type":"Office","bedrooms":null,"area_sqm":36.5,"annual_rent_aed":40000,"aed_per_sqm_year":1095},
            {"date":"2026-10-01","type":"Office","bedrooms":null,"area_sqm":45.8,"annual_rent_aed":79500,"aed_per_sqm_year":1735},
            {"date":"2026-10-01","type":"Office","bedrooms":null,"area_sqm":84,"annual_rent_aed":150000,"aed_per_sqm_year":1786},
            {"date":"2026-10-01","type":"Office","bedrooms":null,"area_sqm":46.7,"annual_rent_aed":80000,"aed_per_sqm_year":1714}
        ],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/park-lane-tower-business-bay.md",
    "updated_at": "2026-10-17",
    "translations": {
        "en": "https://continentalclub.ae/project/park-lane-tower-business-bay/",
        "ru": "https://continentalclub.ae/ru/project/park-lane-tower-business-bay-ru/"
    }
}