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Off-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 types in Park Avenue 2 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed161420 sqft39 sqmt – 1,450 sqft134.7 sqmtNo recent sales–
2 Beds21,170 sqft108.7 sqmt – 1,490 sqft138.4 sqmtNo recent sales–

Recent transactions in Park Avenue 2

  • Park Avenue 2

    Dubai Land

    AED 468.1K

    AED 605 /sqftAED 6,512 /sqmt

    ReadyApartment
    774 sqft71.9 sqmt1 BedDeveloper13 Feb 2010
  • Park Avenue 2

    Dubai Land

    AED 470.2K

    AED 731 /sqftAED 7,868 /sqmt

    ReadyApartment
    643 sqft59.7 sqmt1 BedDeveloper18 Jun 2009
  • Park Avenue 2

    Dubai Land

    AED 521.8K

    AED 632 /sqftAED 6,803 /sqmt

    ReadyApartment
    825 sqft76.6 sqmt1 BedDeveloper18 Jun 2009
  • Park Avenue 2

    Dubai Land

    AED 490.6K

    AED 605 /sqftAED 6,512 /sqmt

    ReadyApartment
    811 sqft75.3 sqmt1 BedDeveloper18 Jun 2009
  • Park Avenue 2

    Dubai Land

    AED 565.9K

    AED 731 /sqftAED 7,868 /sqmt

    ReadyApartment
    774 sqft71.9 sqmt1 BedDeveloper18 Jun 2009
  • Park Avenue 2

    Dubai Land

    AED 445.2K

    AED 692 /sqftAED 7,449 /sqmt

    ReadyApartment
    643 sqft59.7 sqmt1 BedDeveloper19 May 2009
  • Park Avenue 2

    Dubai Land

    AED 337.1K

    AED 763 /sqftAED 8,213 /sqmt

    ReadyApartment
    442 sqft41.1 sqmt1 BedDeveloper20 Apr 2009
  • Park Avenue 2

    Dubai Land

    AED 642K

    AED 825 /sqftAED 8,880 /sqmt

    ReadyApartment
    778 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.

Service charges in Park Avenue 2
Unit typeRate 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:

  • A 99, Wadi Al Safa 5Off-plan

    A 99

    Wadi Al Safa 5 · Arabian Gulf

    Handover 31 Oct 2026 · 48% built

  • Aark Terraces, Wadi Al Safa 5Off-plan

    Aark Terraces

    Wadi Al Safa 5 · Aark Developers

    Handover 30 Jun 2028 · 0% built

  • AG 7even, Wadi Al Safa 5Off-plan

    AG 7even

    Wadi Al Safa 5 · AG Properties

    Handover 31 Mar 2027 · 94% built

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

Park Avenue 2 was developed by Gulf Global Group in Wadi Al Safa 5.

Across its 8 most recent registered sales, Park Avenue 2 sold for a median of AED 712 per sq ft and AED 480.4K per unit.

The 2026 service charge for residential units in Park Avenue 2 is AED 1024.97 per sq ft a year, as registered with the Dubai Land Department.

Park Avenue 2 has 1 Bed (420 to 1,450 sq ft), 2 Beds (1,170 to 1,490 sq ft).

Academic City is about 3.6 km from Park Avenue 2.

The nearest schools include GEMS First Point School L.L.C (1.1 km), The Aquila School (1.7 km), The Indian International School (Dso Branch) (2 km).

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.

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