Off-planOff-plan building · Gulf Global Group
Park Avenue 2, Wadi Al Safa 5
Highlights
Park Avenue 2 at a glance
About Park Avenue 2
Park Avenue 2 is a mixed-use building in Wadi Al Safa 5, Dubai, developed by Gulf Global Group. It holds about 163 units: 1-bedroom apartments, 2-bedroom apartments.
Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 712 per sq ft.
Park Avenue 2 is one of 195 buildings in Wadi Al Safa 5: 63 are complete and 116 are still being built.
In a nutshell
- A mixed-use off-plan building
- Located in Wadi Al Safa 5, Dubai
- Developed by Gulf Global Group
- Unit types: 1 Bed, 2 Beds
- Sizes from 420 to 1,490 sq ft
- Service charge from AED 1017.77 per sq ft
- Status
- Off-plan
- Developer
- Gulf Global Group
- Location
- Wadi Al Safa 5, Dubai
- Unit types
- 1 Bed, 2 Beds
- Prices from
- AED 337.0K
- Median price per sq ft
- AED 712
- Service charge
- AED 1024.97 per sq ft (2026)
- Nearest metro
- Academic City, 3.6 km
Building details
Inside Park Avenue 2
Properties in Park Avenue 2
1-bedroom apartments in Park Avenue 2
There are about 161 of these in Park Avenue 2, from 420 to 1,450 sq ft. None has sold recently enough to quote a price.
2-bedroom apartments in Park Avenue 2
There are about 2 of these in Park Avenue 2, from 1,170 to 1,490 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 161 | 420 sqft39 sqmt – 1,450 sqft134.7 sqmt | No recent sales | – |
| 2 Beds | 2 | 1,170 sqft108.7 sqmt – 1,490 sqft138.4 sqmt | No recent sales | – |
Sale trends in Park Avenue 2
Median sale price
AED 480.4K
Median per sq ft
AED 712
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 337.1K to AED 642.0K (442 to 825 sq ft), across 8 sales
Recent transactions in Park Avenue 2
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Park Avenue 2, Dubai LandReadyApartment | AED 468,050AED 605 /sqftAED 6,512 /sqmt | 774 sqft71.9 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 470,155AED 731 /sqftAED 7,868 /sqmt | 643 sqft59.7 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 521,791AED 632 /sqftAED 6,803 /sqmt | 825 sqft76.6 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 490,600AED 605 /sqftAED 6,512 /sqmt | 811 sqft75.3 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 565,915AED 731 /sqftAED 7,868 /sqmt | 774 sqft71.9 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 445,232AED 692 /sqftAED 7,449 /sqmt | 643 sqft59.7 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 337,090AED 763 /sqftAED 8,213 /sqmt | 442 sqft41.1 sqmt1 Bed | Developer |
| Park Avenue 2, Dubai LandReadyApartment | AED 642,000AED 825 /sqftAED 8,880 /sqmt | 778 sqft72.3 sqmt1 Bed | Developer |
Park Avenue 2
Dubai Land
AED 468.1K
AED 605 /sqftAED 6,512 /sqmt
ReadyApartment774 sqft71.9 sqmt1 BedDeveloper13 Feb 2010Park Avenue 2
Dubai Land
AED 470.2K
AED 731 /sqftAED 7,868 /sqmt
ReadyApartment643 sqft59.7 sqmt1 BedDeveloper18 Jun 2009Park Avenue 2
Dubai Land
AED 521.8K
AED 632 /sqftAED 6,803 /sqmt
ReadyApartment825 sqft76.6 sqmt1 BedDeveloper18 Jun 2009Park Avenue 2
Dubai Land
AED 490.6K
AED 605 /sqftAED 6,512 /sqmt
ReadyApartment811 sqft75.3 sqmt1 BedDeveloper18 Jun 2009Park Avenue 2
Dubai Land
AED 565.9K
AED 731 /sqftAED 7,868 /sqmt
ReadyApartment774 sqft71.9 sqmt1 BedDeveloper18 Jun 2009Park Avenue 2
Dubai Land
AED 445.2K
AED 692 /sqftAED 7,449 /sqmt
ReadyApartment643 sqft59.7 sqmt1 BedDeveloper19 May 2009Park Avenue 2
Dubai Land
AED 337.1K
AED 763 /sqftAED 8,213 /sqmt
ReadyApartment442 sqft41.1 sqmt1 BedDeveloper20 Apr 2009Park Avenue 2
Dubai Land
AED 642K
AED 825 /sqftAED 8,880 /sqmt
ReadyApartment778 sqft72.3 sqmt1 BedDeveloper20 Apr 2009
Every sale in Park Avenue 2Every rent contract in Park Avenue 2
Service charges in Park Avenue 2
The 2026 service charge in Park Avenue 2 is AED 1024.97 per sq ft for commercial units, AED 1024.97 per sq ft for offices, AED 1017.77 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft |
|---|---|
| Commercial (2026) | AED 1024.97 |
| Offices (2026) | AED 1024.97 |
| Retail (2026) | AED 1017.77 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Park Avenue 2
Transportation near Park Avenue 2
Stations planned on new lines nearby include Academic City (blue line, 3.6 km, about 9 min drive) and Dubai Silicon Oasis (blue line, 3.9 km, about 10 min drive).
- Academic CityBlue line · 3.6 km · about 9 min drive
- Dubai Silicon OasisBlue line · 3.9 km · about 10 min drive
- International City 2Blue line · 6.2 km · about 14 min drive
- International City 1Blue line · 7.5 km · about 17 min drive
- Global VillageGolden line · 7.6 km · about 17 min drive
Shopping and groceries near Park Avenue 2
The closest is Spinneys / Dubai Silicon Oasis, 1.9 km from Park Avenue 2 (about 6 min drive).
- Spinneys / Dubai Silicon OasisSupermarket · 1.9 km · about 6 min drive
- Dubai Outlet MallShopping Mall · 3.7 km · about 9 min drive
- Spinneys / International City, France ClusterSupermarket · 7.4 km · about 17 min drive
- Lulu Express / France Cluster, International CitySupermarket · 7.5 km · about 17 min drive
Restaurants and hotels near Park Avenue 2
The closest is Abidos Hotel Apartments, 1.1 km from Park Avenue 2 (about 13 min walk).
- Abidos Hotel ApartmentsHotel · 1.1 km · about 13 min walk
Parks and leisure near Park Avenue 2
The closest is Global Village, 7.6 km from Park Avenue 2 (about 17 min drive).
- Global VillagePark · 7.6 km · about 17 min drive
Schools near Park Avenue 2
The nearest is GEMS First Point School L.L.C, 1.1 km away. Ratings are the KHDA's latest inspection grades.
- GEMS First Point School L.L.CUK · KHDA: Very good · 1.1 km
- The Aquila SchoolUK - International Baccalaureate (1 · KHDA: Good · 1.7 km
- The Indian International School (Dso Branch)Indian · KHDA: Good · 2 km
- Lycee Francais International Georges Pompidou School (Dubai Branch)French · KHDA: Very good · 2.3 km
- GEMS Wellington Academy -FzeUK - UK/IB · KHDA: Very good · 2.7 km
- Dubai English Speaking School - (College)UK · KHDA: Outstanding · 2.7 km
Other buildings in Wadi Al Safa 5
Wadi Al Safa 5 has 195 buildings. A few others to compare Park Avenue 2 with:
Off-plan
4direction Residence 1
Wadi Al Safa 5 · Mera Home
Off-plan
Ready
Off-plan
Off-plan
Things to consider about Park Avenue 2
In its favour
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- Service charges of up to AED 1024.97 per sq ft are on the higher side for Dubai.
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
FAQs
Park Avenue 2: questions answered
Buying, selling or renting in Park Avenue 2?
A broker who works Wadi Al Safa 5 will tell you what is available and what comparable homes went for.