# When is the Parkway by Prestige One handover date? URL: https://www.dxbrealtor.ai/answers/parkway-by-prestige-one-handover-date/ Topic: Handover date Updated: 2026-10-11 ## Short answer Parkway by Prestige One has a registered completion date of 31 January 2028 on the Dubai Land Department (DLD) register, and Prestige One also gives January 2028. The tower was 10.89% complete at the last DLD inspection on 17 August 2026, up from 7.65% on 12 May 2026. No change to the date has been published, but the building would need to rise about five times faster than its recent pace to finish on time. ## Key figures - Registered completion date (DLD): 31 Jan 2028 (DLD register via Continental Club) - Latest construction progress: 10.89% (DLD inspection, 17 Aug 2026) - Developer's stated date: January 2028 (Prestige One, accessed 11 Oct 2026) - Portal estimate: 31 Jan 2028 (fäm Properties and Propsearch, Sep to Oct 2026) ## Parkway by Prestige One handover date: the latest position The DLD register gives Parkway by Prestige One a registered completion date of 31 January 2028. Prestige One says handover is anticipated in January 2028, as stated in the project's disclosure documents. The tower was 10.89% complete at the last DLD inspection on 17 August 2026. Prices, sizes and the plan are on the [Parkway by Prestige One](/projects/parkway-by-prestige-one/) page. No change to the date has been published. The risk is the pace: 3.24 points between May and August 2026, about 1 point a month, against about 5 points a month needed from August 2026 to finish on time. ## Parkway by Prestige One handover date by building Parkway is a single tower, listed on the register as "Parkway by Prestige One" (project 3272). Prestige One's second Meydan Horizon tower is shown for comparison. | Building | Construction progress (DLD, date) | Registered completion date | Developer or portal date | |---|---|---|---| | Parkway by Prestige One (274 units) | 10.89% (17 Aug 2026) | 31 Jan 2028 | January 2028 (Prestige One); Q1 2028 (Continental Club) | | The Waterway by Prestige One (115 units) | 14.73% (17 Aug 2026) | 30 Jun 2027 | Q2 2027 | Both towers were inspected on the same day. The Waterway is due seven months earlier but was only 3.84 points further along, which suggests both dates are under pressure. Other towers in the community are listed on the [Meydan Horizon completion dates](/answers/meydan-horizon-handover-date/) page. ## How the Parkway by Prestige One handover date has changed - **August 2024:** first trace of the project in public records (Propsearch). - **30 October 2024:** launch, with prices from AED 1.5 million (fäm Properties). - **1 February 2025:** construction start registered with DLD, with completion registered for 31 January 2028. - **12 May 2026:** DLD inspection records 7.65%. - **17 August 2026:** DLD inspection records 10.89%. - **October 2026:** the registered date is unchanged at 31 January 2028. ## What the Parkway by Prestige One handover date means for payments Under the plan given by Continental Club, Propsearch and fäm Properties, 20% is paid on booking, 45% during construction and 35% on handover. Prestige One's own page describes an indicative 30% down and 70% during construction, so the SPA decides which applies. Under the 20/45/35 plan, a 1 bedroom at the DLD median of AED 1,550,000 has AED 542,500 due on handover, and a 2 bedroom at AED 2,239,000 has AED 783,650 due. If completion moves past January 2028, that payment moves with it. ## What to check before relying on the Parkway by Prestige One date 1. **Whether the 45% construction share is billed by date or by progress**, since a date-based schedule could run well ahead of the building at the current pace. 2. **The completion date and grace period in the SPA**, compared with the registered 31 January 2028. 3. **The next DLD inspections for project 3272**, to see whether progress rises above 1 point a month. 4. **The Waterway's progress against its 30 June 2027 date**, as an early sign of how Prestige One is keeping to its Meydan Horizon schedules. ## Frequently asked ### Is Parkway by Prestige One finished? No. Construction started on 1 February 2025 and the tower was 10.89% complete at the DLD inspection on 17 August 2026. ### What is the Parkway by Prestige One completion date? 31 January 2028 is the registered completion date (project 3272). Prestige One, fäm Properties and Propsearch all give January 2028. ### Has the Parkway by Prestige One handover date been delayed? No change has been published. The DLD register, Prestige One, fäm Properties and Propsearch all give January 2028. Progress of 3.24 points between May and August 2026 is well below the pace needed to finish by 31 January 2028. ### When will The Waterway by Prestige One be ready? Prestige One's other Meydan Horizon tower, The Waterway, has a registered completion date of 30 June 2027 and was 14.73% complete on 17 August 2026 (DLD register via Continental Club). ## Sources - Continental Club, Parkway by Prestige One (DLD project register, project 3272), inspection 17 Aug 2026, data updated 4 Oct 2026: https://continentalclub.ae/project/parkway-by-prestige-one-meydan-horizon/ - Continental Club, Dubai handovers in 2028 (DLD project register), accessed 11 Oct 2026: https://continentalclub.ae/handover-2028/ - Continental Club, The Waterway by Prestige One (DLD project register), inspection 17 Aug 2026: https://continentalclub.ae/project/the-waterway-by-prestige-one-meydan-horizon/ - Prestige One Developments, Parkway by Prestige One, accessed 11 Oct 2026: https://prestigeone.ae/projects/parkway-by-prestige-one - Propsearch, Parkway by Prestige One, updated 9 Sep 2026: https://propsearch.ae/dubai/parkway-by-prestige-one - fäm Properties, Parkway by Prestige One, accessed 11 Oct 2026: https://famproperties.com/meydan-dubai/parkway-by-prestige-one - DLD, real estate project status enquiry: https://backoffice.dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status