ReadyOff-plan building · Emaar
Park Lane Building 1b, Hadaeq Sheikh Mohammed Bin Rashid
Highlights
Park Lane Building 1b at a glance
About Park Lane Building 1b
Park Lane Building 1b is a mixed-use building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai, developed by Emaar. It holds about 187 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments. Depending on the unit, windows look out over Community.
It is under construction, 55% complete, with handover planned for 2028. 10 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,261 per sq ft.
Park Lane Building 1b is one of 142 buildings in Hadaeq Sheikh Mohammed Bin Rashid: 73 are complete and 49 are still being built.
In a nutshell
- A mixed-use off-plan building
- Located in Hadaeq Sheikh Mohammed Bin Rashid, Dubai
- Developed by Emaar
- Completed in Q4 2028
- Unit types: 1 Bed, 2 Beds, 3 Beds
- Sizes from 610 to 2,120 sq ft
- Views: Community View
- Features: Children's Play Area
- Service charge from AED 6.06 per sq ft
- First Gulf Bank metro station 4 km away
- Status
- Off-plan
- Developer
- Emaar
- Location
- Hadaeq Sheikh Mohammed Bin Rashid, Dubai
- Handover
- Q4 2028
- Construction
- 55%
- Unit types
- 1 Bed, 2 Beds, 3 Beds
- Prices from
- AED 1.5M
- Median price per sq ft
- AED 2,261
- Service charge
- AED 20.51 per sq ft (2026)
- Nearest metro
- Dubai Hills, 3.3 km
Building details
Inside Park Lane Building 1b
Facilities in Park Lane Building 1b
Park Lane Building 1b lists one facility for its residents.
- Children's Play Area
Properties in Park Lane Building 1b
1-bedroom apartments in Park Lane Building 1b
There are about 88 of these in Park Lane Building 1b, from 610 to 970 sq ft. They have recently sold for a median of AED 1.5M, or AED 2,260 per sq ft.
2-bedroom apartments in Park Lane Building 1b
There are about 80 of these in Park Lane Building 1b, from 920 to 1,720 sq ft. They have recently sold for a median of AED 2.5M, or AED 2,180 per sq ft.
3-bedroom apartments in Park Lane Building 1b
There are about 19 of these in Park Lane Building 1b, from 1,520 to 2,120 sq ft. They have recently sold for a median of AED 3.5M, or AED 2,280 per sq ft.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 88 | 610 sqft56.7 sqmt – 970 sqft90.1 sqmt | AED 1.5M | – |
| 2 Beds | 80 | 920 sqft85.5 sqmt – 1,720 sqft159.8 sqmt | AED 2.5M | – |
| 3 Beds | 19 | 1,520 sqft141.2 sqmt – 2,120 sqft197 sqmt | AED 3.5M | – |
Sale trends in Park Lane Building 1b
Median sale price
AED 2.5M
Median per sq ft
AED 2,261
Price ranges from the most recent registered sales, by unit type:
- 3-bedroom apartments: AED 3.4M to AED 3.6M (1,523 sq ft), across 9 sales
- 2-bedroom apartments: AED 2.2M to AED 2.5M (1,037 to 1,130 sq ft), across 6 sales
- 1-bedroom apartments: AED 1.5M to AED 1.8M (652 to 759 sq ft), across 5 sales
Recent transactions in Park Lane Building 1b
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 1,535,888AED 2,024 /sqftAED 21,786 /sqmt | 759 sqft70.5 sqmt1 Bed | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 1,754,888AED 2,312 /sqftAED 24,886 /sqmt | 759 sqft70.5 sqmt1 Bed | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 2,538,888AED 2,265 /sqftAED 24,380 /sqmt | 1,121 sqft104.1 sqmt2 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 2,467,888AED 2,184 /sqftAED 23,508 /sqmt | 1,130 sqft105 sqmt2 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 2,500,888AED 2,213 /sqftAED 23,821 /sqmt | 1,130 sqft105 sqmt2 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 2,404,810AED 2,128 /sqftAED 22,906 /sqmt | 1,130 sqft105 sqmt2 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,375,888AED 2,217 /sqftAED 23,864 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 2,236,888AED 1,995 /sqftAED 21,474 /sqmt | 1,121 sqft104.1 sqmt2 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,570,000AED 2,344 /sqftAED 25,231 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 1,482,888AED 2,257 /sqftAED 24,294 /sqmt | 657 sqft61 sqmt1 Bed | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 2,430,000AED 2,343 /sqftAED 25,220 /sqmt | 1,037 sqft96.3 sqmt2 Beds | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 1,553,888AED 2,383 /sqftAED 25,650 /sqmt | 652 sqft60.6 sqmt1 Bed | Owner |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,477,341AED 2,283 /sqftAED 24,574 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,598,888AED 2,363 /sqftAED 25,435 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 1,499,888AED 2,283 /sqftAED 24,574 /sqmt | 657 sqft61 sqmt1 Bed | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,612,888AED 2,372 /sqftAED 25,532 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,401,888AED 2,234 /sqftAED 24,047 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,452,888AED 2,267 /sqftAED 24,402 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,356,888AED 2,204 /sqftAED 23,724 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
| Building 1b, Park Lane, Dubai Hills EstateOff-planApartment | AED 3,363,888AED 2,209 /sqftAED 23,777 /sqmt | 1,523 sqft141.5 sqmt3 Beds | Developer |
Building 1b, Park Lane
Dubai Hills Estate
AED 1.5M
AED 2,024 /sqftAED 21,786 /sqmt
Off-planApartment759 sqft70.5 sqmt1 BedOwner4 Sept 2026Building 1b, Park Lane
Dubai Hills Estate
AED 1.8M
AED 2,312 /sqftAED 24,886 /sqmt
Off-planApartment759 sqft70.5 sqmt1 BedOwner3 Sept 2026Building 1b, Park Lane
Dubai Hills Estate
AED 2.5M
AED 2,265 /sqftAED 24,380 /sqmt
Off-planApartment1,121 sqft104.1 sqmt2 BedsOwner17 Aug 2026Building 1b, Park Lane
Dubai Hills Estate
AED 2.5M
AED 2,184 /sqftAED 23,508 /sqmt
Off-planApartment1,130 sqft105 sqmt2 BedsOwner16 Jun 2026Building 1b, Park Lane
Dubai Hills Estate
AED 2.5M
AED 2,213 /sqftAED 23,821 /sqmt
Off-planApartment1,130 sqft105 sqmt2 BedsOwner29 Apr 2026Building 1b, Park Lane
Dubai Hills Estate
AED 2.4M
AED 2,128 /sqftAED 22,906 /sqmt
Off-planApartment1,130 sqft105 sqmt2 BedsOwner25 Feb 2026Building 1b, Park Lane
Dubai Hills Estate
AED 3.4M
AED 2,217 /sqftAED 23,864 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsOwner25 Feb 2026Building 1b, Park Lane
Dubai Hills Estate
AED 2.2M
AED 1,995 /sqftAED 21,474 /sqmt
Off-planApartment1,121 sqft104.1 sqmt2 BedsOwner4 Feb 2026Building 1b, Park Lane
Dubai Hills Estate
AED 3.6M
AED 2,344 /sqftAED 25,231 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsOwner28 Jan 2026Building 1b, Park Lane
Dubai Hills Estate
AED 1.5M
AED 2,257 /sqftAED 24,294 /sqmt
Off-planApartment657 sqft61 sqmt1 BedOwner8 Jan 2026Building 1b, Park Lane
Dubai Hills Estate
AED 2.4M
AED 2,343 /sqftAED 25,220 /sqmt
Off-planApartment1,037 sqft96.3 sqmt2 BedsOwner31 Oct 2025Building 1b, Park Lane
Dubai Hills Estate
AED 1.6M
AED 2,383 /sqftAED 25,650 /sqmt
Off-planApartment652 sqft60.6 sqmt1 BedOwner20 Aug 2025Building 1b, Park Lane
Dubai Hills Estate
AED 3.5M
AED 2,283 /sqftAED 24,574 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper23 Dec 2024Building 1b, Park Lane
Dubai Hills Estate
AED 3.6M
AED 2,363 /sqftAED 25,435 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper31 Oct 2024Building 1b, Park Lane
Dubai Hills Estate
AED 1.5M
AED 2,283 /sqftAED 24,574 /sqmt
Off-planApartment657 sqft61 sqmt1 BedDeveloper21 Oct 2024Building 1b, Park Lane
Dubai Hills Estate
AED 3.6M
AED 2,372 /sqftAED 25,532 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper16 Oct 2024Building 1b, Park Lane
Dubai Hills Estate
AED 3.4M
AED 2,234 /sqftAED 24,047 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper12 Sept 2024Building 1b, Park Lane
Dubai Hills Estate
AED 3.5M
AED 2,267 /sqftAED 24,402 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper6 Sept 2024Building 1b, Park Lane
Dubai Hills Estate
AED 3.4M
AED 2,204 /sqftAED 23,724 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper5 Sept 2024Building 1b, Park Lane
Dubai Hills Estate
AED 3.4M
AED 2,209 /sqftAED 23,777 /sqmt
Off-planApartment1,523 sqft141.5 sqmt3 BedsDeveloper30 Aug 2024
Every sale in Park Lane Building 1bEvery rent contract in Park Lane Building 1b
Service charges in Park Lane Building 1b
The 2026 service charge in Park Lane Building 1b is AED 20.51 per sq ft for commercial units, AED 17.32 per sq ft for mixed, AED 20.51 per sq ft for offices, AED 6.06 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. Each parking space adds about AED 902 a year.
| Unit type | Rate per sq ft |
|---|---|
| Commercial (2026) | AED 20.51 |
| Mixed (2026) | AED 17.32 |
| Offices (2026) | AED 20.51 |
| Retail (2026) | AED 6.06 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Park Lane Building 1b payment plan
How the developer's price is paid, in the order each instalment falls due.
- 1.Down Payment10%
- 2.During Construction10%
- 3.During Construction10%
- 4.During Construction10%
- 5.During Construction10%
- 6.During Construction10%
- 7.During Construction10%
- 8.During Construction10%
- 9.On Handover20%
Park Lane Building 1b floor plans
1 bedroom, Type 02 - Building 1A&02A&02B
732 sqft68 sqmt
1 bedroom, Type 1 - Building 1A&1B
657 sqft61 sqmt
1 bedroom, Type 1- Building 02A
646 sqft60 sqmt
1 bedroom, Type 1.1 - Building 02A
947 sqft88 sqmt
1 bedroom, Type 1.1 - Building 02B
947 sqft88 sqmt
1 bedroom, Type 1.1- Building 1B
969 sqft90 sqmt
1 bedroom, Type 1.3 - Podium Building
850 sqft79 sqmt
1 bedroom, Type 1A - Building 1A&1B&02A&02B
764 sqft71 sqmt
1 bedroom, Type 2.1 - Building 1A&1B&02A&02B
657 sqft61 sqmt
1 bedroom, Type 3 - Building 1A&1B&02A&02B
689 sqft64 sqmt
1 bedroom, Type 3.1 - Building 02B
603 sqft56 sqmt
1 bedroom, Type 3.1 - Building 1A&1B&02A
603 sqft56 sqmt
1 bedroom, Type 4 - Building 02A&02B
915 sqft85 sqmt
1 bedroom, Type 4 - Building 1A
936 sqft87 sqmt
2 bedrooms, Type 1 - Building 1A&1B&02A&02B
1,119 sqft104 sqmt
2 bedrooms, Type 1 - Building 1B
1,561 sqft145 sqmt
2 bedrooms, Type 1 A.1 - Building 02A
1,550 sqft144 sqmt
2 bedrooms, Type 1.1 - Building 02B
1,518 sqft141 sqmt
2 bedrooms, Type 1.1 - Building 1A
1,690 sqft157 sqmt
2 bedrooms, Type 1.1 - Building 1B
2,120 sqft197 sqmt
2 bedrooms, Type 1.1- Building 02A
1,668 sqft155 sqmt
2 bedrooms, Type 1A - Building 1A&1B&02A&02B
1,044 sqft97 sqmt
2 bedrooms, Type 1A.1 - Building 1A
1,572 sqft146 sqmt
2 bedrooms, Type 2 - Building 1A&1B&02A&02B
1,507 sqft140 sqmt
2 bedrooms, Type 2.1 - Building 1A&1B&02A&02B
1,302 sqft121 sqmt
2 bedrooms, Type 3 - Building 1A&1B&02A&02B
1,087 sqft101 sqmt
2 bedrooms, Type 3.1 - Building 1A&1B&02A&02B
926 sqft86 sqmt
2 bedrooms, Type 4 - Building 1A&1B&02A&02B
1,722 sqft160 sqmt
2 bedrooms, Type 4.1 -Building 1A&1B&02A&02B
1,055 sqft98 sqmt
3 bedrooms, Type 1 - Building 1A&02A&02B
1,518 sqft141 sqmt
3 bedrooms, Type 1 - Podium Building
2,605 sqft242 sqmt
3 bedrooms, Type 1 M - Podium Building
2,594 sqft241 sqmt
3 bedrooms, Type 1- Building 1B
1,528 sqft142 sqmt
3 bedrooms, Type 1.1 - Building 02A
2,077 sqft193 sqmt
3 bedrooms, Type 1.1 - Building 02B
1,991 sqft185 sqmt
3 bedrooms, Type 1.1 - Building 1A
2,131 sqft198 sqmt
3 bedrooms, Type 1.2 - Building Podium
2,207 sqft205 sqmt
3 bedrooms, Type 1.2 - Podium Building
2,142 sqft199 sqmt
Nearby amenities
Around Park Lane Building 1b
Transportation near Park Lane Building 1b
The nearest Dubai Metro station from Park Lane Building 1b is First Gulf Bank (red line, 4 km, about 10 min drive), then Mall of the Emirates (red line, 4.6 km, about 11 min drive). Stations planned on new lines nearby include Dubai Hills (golden line, 3.3 km, about 9 min drive) and Hadaeq Mohammed Bin Rashid (golden line, 5.6 km, about 13 min drive). Most residents will drive or take a taxi to the metro.
- Dubai HillsGolden line · 3.3 km · about 9 min drive
- First Gulf BankRed line · 4 km · about 10 min drive
- Mall of the EmiratesRed line · 4.6 km · about 11 min drive
- Noor Islamic BankRed line · 5.3 km · about 13 min drive
- Sharaf DGRed line · 5.3 km · about 13 min drive
- Hadaeq Mohammed Bin RashidGolden line · 5.6 km · about 13 min drive
Shopping and groceries near Park Lane Building 1b
The closest is Lulu Hypermarket / Al Barsha (Behind Mall of Emirates), 3.7 km from Park Lane Building 1b (about 9 min drive).
- Lulu Hypermarket / Al Barsha (Behind Mall of Emirates)Supermarket · 3.7 km · about 9 min drive
- Grand MallShopping Mall · 4.2 km · about 10 min drive
- Al Khail MallShopping Mall · 4.2 km · about 10 min drive
- Mall of The EmiratesShopping Mall · 4.5 km · about 11 min drive
- Souk MadinatShopping Mall · 7 km · about 16 min drive
Restaurants and hotels near Park Lane Building 1b
The closest is Ramada Chelsea Al Barsha Hotel, 3.8 km from Park Lane Building 1b (about 10 min drive).
- Ramada Chelsea Al Barsha HotelHotel · 3.8 km · about 10 min drive
- Corp Executive Hotel ApartmentHotel · 3.9 km · about 10 min drive
- Grand Excelsior HotelHotel · 4 km · about 10 min drive
- Najd Hotel ApartmentsHotel · 4.3 km · about 11 min drive
- Holiday Inn DubaiHotel · 4.4 km · about 11 min drive
Hospitals and clinics near Park Lane Building 1b
The closest is Dr. Moopen'S Al Quoz Medical Centre, 4 km from Park Lane Building 1b (about 10 min drive).
- Dr. Moopen'S Al Quoz Medical CentreHospital · 4 km · about 10 min drive
- Holistic Healing Medical CentreHospital · 5.1 km · about 12 min drive
- Specialist Medical CentreHospital · 5.6 km · about 13 min drive
- Saudi German HospitalHospital · 6.1 km · about 14 min drive
- Dubai London Clinic DubaiHospital · 6.5 km · about 15 min drive
Parks and leisure near Park Lane Building 1b
The closest is Al Quoz Pond Park, 6.6 km from Park Lane Building 1b (about 15 min drive).
- Al Quoz Pond ParkPark · 6.6 km · about 15 min drive
- Falcon Centre and Cultural SportsSports Academy · 6.7 km · about 15 min drive
- Falcon Heritage and Sports CentreSports Academy · 6.7 km · about 15 min drive
- Dubai Bowling CentreSports Academy · 7.3 km · about 17 min drive
- Meydan Tennis AcademySports Academy · 7.4 km · about 17 min drive
Schools near Park Lane Building 1b
The nearest is Kings School Al Barsha L.L.C, 1.5 km away. Ratings are the KHDA's latest inspection grades.
- Kings School Al Barsha L.L.CUK · KHDA: Outstanding · 1.5 km
- GEMS New Millennium School L.L.CUK - Indian · KHDA: Very good · 1.7 km
- GEMS International School Al Khail L.L.CInternational Baccalaureate · KHDA: Good · 1.9 km
- GEMS Wellington Academy Al Khail L.L.CUK · KHDA: Very good · 2 km
- Repton Al Barsha Fz-LlcUK · KHDA: Very good · 3.4 km
- Dubai International Academy AlbarshaInternational Baccalaureate · KHDA: Very good · 3.6 km
Other buildings in Hadaeq Sheikh Mohammed Bin Rashid
Hadaeq Sheikh Mohammed Bin Rashid has 142 buildings. A few others to compare Park Lane Building 1b with:
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Off-planAddress Residences Dubai Hills Estate Tower A
Hadaeq Sheikh Mohammed Bin Rashid · Emaar
Handover 28 Feb 2029 · 27% built
Things to consider about Park Lane Building 1b
In its favour
- Several schools within 3 km.
Worth checking
- Service charges of up to AED 20.51 per sq ft are on the higher side for Dubai.
- The nearest running metro station is 4 km away, so a car helps.
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
Specialists
Brokers who know Park Lane Building 1b
These brokers handle sales and lettings in Park Lane Building 1b and can tell you what is available now.
Khaled Nasser Abdel Latif Almasri
Associate Director
Mikhail Samoilov
Property Advisor
Mishel Wehbe
Associate Director
Adnan Kusybi
Property Advisor
Krystsina Shuhai
Property Advisor
Svitlana Vyshnyakova
Property Advisor
Jean Selwan
Property Advisor
Charbel Abdallah
Property Advisor
FAQs
Park Lane Building 1b: questions answered
Buying, selling or renting in Park Lane Building 1b?
A broker who works Hadaeq Sheikh Mohammed Bin Rashid will tell you what is available and what comparable homes went for.