Park Towers

About the project

Park Towers is a finished freehold mixed-use residential and commercial development in Dubai International Financial Centre. Damac Properties developed the project as two towers on a shared podium structure. It reached 100% completion on 28 June 2011 and is ready to move in.

A twin-tower development in DIFC

Park Towers comprises twin 42-storey towers within Dubai International Financial Centre. The buildings sit on a shared structure with three basement levels and seven podium levels. The development has a concrete structure and block construction, with internal and external finishes. Its design includes an energy-reducing solar-glass exterior, giving the towers a glass-clad façade. Panoramic lifts serve the apartments and connect residents and visitors through the towers. The two buildings are linked at the lower levels by retail areas and a multi-level podium. Park Towers combines residential and commercial uses within a freehold development in DIFC.

Apartments at Park Towers

Park Towers includes one-bedroom, two-bedroom and three-bedroom apartments. The residential component forms part of a mixed-use scheme that also incorporates retail and commercial space. The two towers are positioned in Dubai International Financial Centre, a central Dubai district with commercial offices, retail areas and residential buildings. Apartments are served by panoramic lifts, while the lower levels connect the two buildings through the shared podium and retail areas. Prices at Park Towers start from AED 1,300,000.

Leisure, wellness and retail facilities

The project includes a swimming pool, barbecue areas, a gymnasium, health club, jacuzzi, sauna and steam room. Tennis courts and a dedicated area for parties and gatherings are also included. Residents have access to a business centre with meeting rooms and office facilities. The development provides restaurants, cafés, shopping facilities and boutique retail outlets within its podium and lower-level retail areas. Security is provided around the clock. Retail and service outlets within the building include a supermarket, coffee shop, bakery, fashion shops, tailoring shops, salons, a medical clinic, gyms and a sports shop.

DIFC location and nearby places

Park Towers is located in Dubai International Financial Centre. Index Park is 0.2 km away, while Al Satwa Public Park is 0.7 km away and Jumeirah Garden City Park is 1.3 km away. Reel Cinemas at Rove Downtown is 0.7 km from the project. Museum of the Future is 1.1 km away, Cinema Akil at 25hours Hotel One is 1.2 km away, and Dubai Aquarium and Reel Cinemas at Dubai Mall are each 1.3 km away. Dubai Ice Rink is 1.4 km from Park Towers. The Track Meydan Golf is 6.2 km away, followed by Dubai Creek Golf & Yacht Club at 6.9 km and Al Badia Golf Club at 8.5 km.

Completion and payment structure

Park Towers is finished, with a recorded completion ratio of 100%. Construction started on 29 October 2006 and the completion date was 28 June 2011. The project is ready to move in. The stated payment structure allocates 5% as the first payment, 35% during construction and 60% on key handover. The project page identifies payment-plan enquiries as available on request. Starting prices are AED 1,300,000.

Damac Properties

Park Towers was developed by Damac Properties. Damac Properties was founded in 1982. The developer’s name is associated with the project across its Dubai International Financial Centre development information. Park Towers is a completed Damac Properties project, with twin towers, residential and commercial uses, retail space and shared podium facilities. Its recorded project number is 428.

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