Project · #2301 by 12M value
Silver Park Residency
International City Phase 2 & 3 · Manjothi Real Estate Development
Market bulletin · Thu, 22 Oct 2026
Silver Park Residency: 1 sales worth AED 525K in 30 days
Silver Park Residency recorded 1 sale worth AED 525K in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: developer off-plan sales 56.7%, off-plan resales 10%, secondary (ready) sales 33.3%.
In International City Phase 2 & 3, Silver Park Residency ranked #11 of 11 leading projects by 12-month sales value; it is developed by Manjothi Real Estate Development. Its first registered sale was on 10 February 2025.
Leases registered in the last three months had a median annual rent of AED 45K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | AED 913 |
| Feb 26 | AED 980 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 1,000 |
| Aug 25 | AED 950 |
| Jul 25 | AED 950 |
| Jun 25 | — |
| May 25 | AED 950 |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 3 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 4 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 5 | 1 | 0 |
| Feb 26 | 6 | 0 | 0 |
| Jan 26 | 1 | 1 | 0 |
| Dec 25 | 2 | 1 | 0 |
| Nov 25 | 3 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | unchanged 0.0% | AED 525K | — | — |
| Last 3 months | 4 | down 33.3% | AED 2.01M | — | — |
| Last 6 months | 10 | down 50.0% | AED 6.62M | 1,133 | up 18.0% |
| Last 12 months | 30 | down 40.0% | AED 21.2M | 1,033 | up 8.7% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 17 | 57% | AED 707K | 950 | unchanged 0.0% |
| Off-plan resale | 3 | 10% | — | — | — |
| Secondary (ready) | 10 | 33% | AED 640K | 1,133 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 11 | 37% | AED 495K | 1,142 | up 14.2% |
| 1 bedroom | 17 | 57% | AED 760K | 1,005 | up 5.8% |
| 2 bedrooms | 2 | 7% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 30 | 100% | AED 688K | 1,033 | up 8.7% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | AED 60K |
| Jun 26 | — |
| May 26 | AED 52K |
| Apr 26 | — |
| Mar 26 | — |
- Leases (12M)
- 49
- New leases
- 98%
- Median rent 3M
- AED 45K
- Rent/sqft 3M
- AED 94
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 12 | AED 60K | AED 60K | 82 |
Competing projects in International City Phase 2 & 3
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Greenfield by SamanaSamana Developers | 201 | 1,432 | up 4.5% |
| Zenith by AmberAmber Developments LLC - Art of Amber Real Estate Development | 70 | 1,093 | — |
| Equiti TowerB N H Real Estate Developer | 60 | 1,080 | — |
| Chapter 01 by NewburyNewbury Real Estate Development | 52 | 1,150 | — |
| Nest ResidenceAndi Real Estate Development | 50 | 1,018 | — |
| 08 Life ResidencesDeniz Real Estate Development | 30 | 1,022 | — |
| Elevia ResidencesValores Property Development | 48 | 1,296 | — |
| HZ Residences 5Private Investor | 29 | 879 | — |
| Glorious Central ResidencesGlorious Future Real Estate Development | 27 | 1,286 | — |
| Bond BuildingPrivate Investor | 101 | 853 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 530K | Studio Apartment · 466 sqftSilver Park Residency · International City Phase 2 & 3 | 21 Sept |
| AED 525K | Studio Apartment · 447 sqftSilver Park Residency · International City Phase 2 & 3 | 6 Oct |
| AED 490K | Studio Apartment · 381 sqftSilver Park Residency · International City Phase 2 & 3 | 28 Jul |
| AED 466K | Studio Apartment · 466 sqftSilver Park Residency · International City Phase 2 & 3 | 30 Jul |
Questions about Silver Park Residency
How many properties were sold in Silver Park Residency in the last year?
30 sales worth AED 21.2M were registered in the last 12 months: 57% developer off-plan, 10% off-plan resales and 33% secondary (ready) sales.
What is the average rent in Silver Park Residency?
The median annual rent on leases registered in the last three months was AED 45K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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