Off-plan property investment in Dubai Hills Estate, Dubai, is the process of buying a property that is not yet completed or under construction from a developer or a third-party seller.
Off-plan properties in Dubai are usually sold at lower prices than ready properties, as the developer offers discounts and incentives to attract buyers.
Off-plan properties also offer flexible payment plans that suit different budgets and cash flows. For that reason, Dubai Hills Estate, Dubai, is a popular and lucrative option for buyers and investors who are looking for a long-term and stable investment opportunity in one of the most prestigious and exclusive communities in Dubai.
About Dubai Hills Estate
Dubai Hills Estate is a master-planned community that spans over 11 million square meters of land. It is located in the heart of Mohammed Bin Rashid City (MBR City), a visionary development that aims to create a new city within Dubai.
Dubai Hills Estate is a joint venture between Emaar Properties and Meraas Holding, two of the leading developers in the UAE.
Dubai Hills Estate offers a range of residential, commercial, and leisure options for its residents and visitors, such as:
- An 18-hole championship golf course and a golf club.
- A 282,000 square meter regional mall.
- A 1.45 million square meter park.
- Over 45 kilometers of nature trails.
- Three schools and three office hubs.
- A dedicated metro line.
Dubai Hills Estate is well-connected to the rest of the city by major roads and highways, such as Sheikh Zayed Road, Al Khail Road, and Emirates Road. It is also close to some of the key destinations in Dubai, such as Downtown Dubai, Dubai Marina, Jumeirah Beach Residence, and Dubai International Airport.
How Is The Dubai Dubai Hills Estate Real Estate Market?
The Dubai Hills Estate real estate market is one of the most sought-after and lucrative markets in Dubai. According to Bayut’s sales market report for Dubai 2022, Dubai Hills Estate is one of the most popular communities offering affordable villas in Dubai, with an average ROI of 5.79%. The report also shows that Dubai Hills Estate is one of the top areas for renting villas in Dubai.
The Dubai Hills Estate real estate market offers a variety of properties for sale and rent, such as off plan apartments, off plan villas, off plan townhouses, off plan penthouses, and mansions.
The properties are designed with modern and elegant styles, spacious layouts, high-quality finishes, and smart features. The properties also offer stunning views of the golf course, the park, the lake, or the skyline.
How Is The Off-Plan Property Market In Dubai Hills Estate?
The off-plan property market in Dubai Hills Estate is one of the best off-plan markets in Dubai. It offers a range of benefits for buyers and investors who are looking for a long-term and stable investment opportunity in one of the most prestigious and exclusive communities in Dubai. Some of the benefits of off-plan property in Dubai Hills Estate are:
What Are The Benefits Of Off-Plan Property In Dubai Hills Estate?
- Lower prices: Off-plan properties in Dubai Hills Estate are usually priced lower than ready properties, as the developer offers discounts and incentives to attract buyers. This means that buyers can save money and enjoy higher capital appreciation as the project progresses.
- Flexible payment plans: Off-plan properties in Dubai Hills Estate also offer flexible payment plans that suit different budgets and cash flows. Buyers can pay a small percentage of the property value as a down payment and pay the rest in installments over several years. Some developers also offer post-handover payment plans that allow buyers to pay after receiving their property.
- Newer and more advanced features: Off-plan properties in Dubai Hills Estate also offer newer and more advanced features than ready properties, such as smart home systems, energy-efficient appliances, sustainable materials, and modern amenities.
What Are The Disadvantages Of Off-Plan Properties In Dubai Hills Estate?
- Risk of delays or cancellations: Off-plan properties in Dubai Hills Estate are subject to the risk of delays or cancellations due to various factors, such as market conditions, regulatory changes, construction issues, or developer insolvency. This may affect the delivery date or quality of the property or result in financial losses for buyers.
- Lack of physical inspection: Off-plan properties in Dubai Hills Estate are not available for physical inspection before purchase, as they are not yet completed or under construction. Buyers have to rely on the developer’s brochures, floor plans, mock-ups, or showrooms to visualize their property. This may lead to discrepancies or dissatisfaction with the actual property.
- Additional fees and charges: Off-plan properties in Dubai Hills Estate also involve additional fees and charges that buyers have to pay before or after receiving their property, such as registration fees, transfer fees, service charges, mortgage fees, and property tax. These fees and charges can add up to a significant amount and should be considered before making a purchase decision.
What Is The ROI On Off-Plan Properties In Dubai Hills Estate?
The ROI on off-plan properties in Dubai Hills Estate is the percentage of profit that buyers or investors can expect to earn from their investment in properties over a period of time.
The ROI on off-plan properties in Dubai Hills Estate depends on various factors, such as the type and size of the property, the location and amenities of the sub-community, the market demand and supply, the rental income and occupancy rate, and the capital appreciation and depreciation.
Based on some recent transactions, we can estimate the average ROI of off-plan properties in Dubai Hills Estate as follows:
| Type of property | Average sale price | Average rental price | Average ROI |
|---|---|---|---|
| 2-bedroom apartment | AED 1.5M | AED 80k per annum | 5.33% |
| 3-bedroom apartment | AED 2M | AED 120k per annum | 6% |
| 4-bedroom apartment | AED 2.5M | AED 160k per annum | 6.4% |
| 2-bedroom villa | AED 1.75M | AED 100k per annum | 5.71% |
| 3-bedroom villa | AED 2.5M | AED 150k per annum | 6% |
| 4-bedroom villa | AED 3.25M | AED 200k per annum | 6.15% |
The table above shows the approximate ROI of off-plan properties in Dubai Hills Estate based on some assumptions and averages. The actual ROI may vary depending on the availability, demand, negotiation, and market conditions.
Why Is Dubai Hills Estate Off-Plan Property Interesting For Real Estate Developers?
Dubai Hills Estate off-plan property is interesting for real estate developers because it offers them a chance to enter a mature and established community that has a high demand and reputation.
Dubai Hills Estate is one of the most popular and affordable areas for buying and renting villas and apartments in Dubai, as it offers a range of properties with different styles and sizes in a serene and green environment.
By offering off-plan properties in Dubai Hills Estate, developers can benefit from lower construction costs, higher profit margins, faster sales cycles, and customer loyalty. Developers can also leverage the brand name and trust of Emaar Properties and Meraas Holding, the master developers of Dubai Hills Estate, to attract more buyers and investors.
Why Is Dubai Hills Estate Off-Plan Property Interesting For Real Estate Investors?
Dubai Hills Estate off-plan property is interesting for real estate investors because it offers them an opportunity to earn high returns on their investment.
Off-plan properties in Dubai Hills Estate are usually priced lower than ready properties, as the developer offers discounts and incentives to attract buyers. This means that investors can save money and enjoy higher capital appreciation as the project progresses.
Moreover, off-plan properties in Dubai Hills Estate also offer flexible payment plans that suit different budgets and cash flows. Investors can also benefit from the strong rental demand and high rental yields in Dubai Hills Estate, as tenants are willing to pay a premium for living in a gated community with a range of amenities and facilities.
Why Is Dubai Hills Estate Off-Plan Property Interesting For Off-Plan Buyers?
Dubai Hills Estate off-plan property is interesting for off-plan buyers because it offers them a chance to own their dream home in one of the most exclusive and prestigious communities in Dubai.
Off-plan buyers can choose from a variety of villas and apartments with different styles and sizes, inspired by modern and Arabesque architecture. Off-plan buyers can also customize their properties according to their preferences and needs, such as choosing different layouts, designs, finishes, and fittings.
Moreover, off-plan buyers can also enjoy newer and more advanced features than ready properties, such as smart home systems, energy-efficient appliances, sustainable materials, and modern amenities.
What To Consider When Buying Off-Plan Properties in Dubai Hills Estate?
Buying off-plan properties in Dubai Hills Estate can be a smart investment decision, as it offers the opportunity to purchase a property at a lower price than the market value, and benefit from the potential capital appreciation and rental income.
However, there are also some risks and challenges involved in buying off-plan properties, such as delays, quality issues, legal disputes, and market fluctuations. Therefore, it is important to consider the following factors before buying off-plan properties in Dubai Hills Estate:
1. Developer reputation
One of the most important factors to consider when buying off-plan properties is the reputation and track record of the developer.
A reputable developer will have a history of delivering high-quality projects on time and within budget, as well as providing excellent customer service and after-sales support.
2. Project location
Another important factor to consider when buying off-plan properties is the location of the project. The location will determine the value, demand, and rental yield of the property, as well as the quality of life and amenities for the residents.
A good location will have easy access to transportation, education, healthcare, shopping, entertainment, and leisure facilities, as well as a safe and clean environment.
A good location will also have a high potential for growth and development in the future, which will increase the value of the property over time.
3. Payment plans
A third factor to consider when buying off-plan properties is the payment plan offered by the developer. A payment plan is the schedule of payments that a buyer has to make to the developer until the completion and handover of the property. A payment plan can vary depending on the developer, the project, and the market conditions.
Some developers may offer flexible and attractive payment plans that require low down payments and instalments, while others may require higher upfront payments and shorter payment periods.
4. Payment structure options
A fourth factor to consider when buying off-plan properties is the financing options available for the buyer. A payment structure is the method of financing that a buyer can use to pay for the property.
5. Due diligence
A fifth factor to consider when buying off-plan properties is due diligence. Due diligence is the process of verifying and validating all the information and documents related to the developer, the project, and the property before signing any contract or making any payment. Due diligence can help you avoid any frauds or scams, protect your rights and interests as a buyer, and ensure that you get what you pay for.
6. Property tax
A sixth factor to consider when buying off-plan properties is property tax. Property tax is a fee that a property owner has to pay to the government or a local authority for owning or using a property. Property tax can vary depending on the type, size, value, and location of the property, as well as the purpose of ownership or use. In Dubai, there are two main types of property tax that apply to off-plan properties: land registration fee and value-added tax (VAT).
Community Overview Of Dubai Hills Estate
Dubai Hills Estate is a mixed-use development project that offers a community overview of art and culture in Dubai. It is a thriving neighbourhood that features residential complexes, commercial buildings and retail developments.
What Are The Most Popular Buildings In Dubai Hills Estate?
Dubai Hills Estate is a master-planned community that comprises various sub-communities with different types of buildings, such as villas, townhouses, apartments, and plots. Some of the most popular buildings in Dubai Hills Estate are:
- Maple: Maple is a sub-community that offers elegant townhouses in clusters of two and four units. Maple features three, four, and five-bedroom homes with modern designs, spacious layouts, private gardens, carports, and balconies. Maple is located near Dubai Hills Park and Dubai Hills Mall, and offers amenities such as swimming pools, sports courts, play areas, barbecue areas, and 24/7 security.
- Park Heights: Park Heights is a sub-community that offers exceptional condominiums with uninterrupted views of Dubai Hills Park. Park Heights features one, two, and three-bedroom homes with contemporary designs, open-plan kitchens, floor-to-ceiling windows, balconies or terraces. Park Heights is located close to Dubai Hills Mall and Dubai Hills Golf Club, and offers amenities such as swimming pools, play areas, gymnasiums, barbecue areas.
- Golf Place: Golf Place is a sub-community that offers luxury villas with panoramic views of Dubai Hills Golf Club. Golf Place features four, five, and six-bedroom homes with elegant designs, high ceilings, large windows, private pools or gardens. Golf Place is located near Dubai Hills Mall and Dubai Hills Hospital, and offers amenities such as tennis courts, play areas, 24/7 security.
Which Transportation And Parking Spaces Are There In Dubai Hills Estate?
Dubai Hills Estate is a well-connected community that offers various transportation and parking options for residents and visitors. Some of the transportation and parking spaces in Dubai Hills Estate are:
- A dedicated metro station on the Purple Line, which is expected to be operational by 20251. This will provide easy access to other parts of the city, such as Dubai International Airport, Dubai Marina, and Expo 2020 site.
- A network of buses and taxis that serve the community and connect it to nearby areas, such as Al Barsha, Al Quoz, and Arabian Ranches. There are also plans to introduce electric vehicles and smart mobility solutions in the future.
- A bicycle lane that runs along the entire length of Dubai Hills Boulevard, offering a safe and eco-friendly way to explore the community. There are also bicycle racks and rental stations available at various locations, such as Dubai Hills Park and Dubai Hills Mall.
- A total of 7,412 parking spaces at Dubai Hills Mall that can be accessed from different entry points. The mall also offers valet parking and electric car charging stations for added convenience.
- Covered parking spaces in apartment blocks, townhouses, and villas within the community. Visitors can also find ample parking spots on the street for limited hours.
Which Amenities, Schools And Healthcare Are There In Dubai Hills Estate?
Dubai Hills Estate is a self-contained community that offers a range of amenities, schools, and healthcare facilities for its residents. Some of the amenities, schools, and healthcare facilities in Dubai Hills Estate are:
- A championship golf course, Dubai Hills Golf Club, that spans over 1.2 million sq. m. and features an 18-hole course, a driving range, a clubhouse, and a golf academy. The golf club also hosts various events and tournaments throughout the year.
- A lush green park, Dubai Hills Park, that covers an area of 180,000 sq. m. and offers various recreational activities for all ages. The park features an ice rink, a skate park, a splash park, a basketball court, a volleyball court, an outdoor gym, a table tennis facility, an amphitheatre, a padel tennis court, a running track, picnic lawns, a dog park, and a children’s play area.
- A state-of-the-art mall, Dubai Hills Mall, that boasts over 650 retail outlets, a hypermarket, a cineplex, an adventure park, and a record-breaking indoor rollercoaster. The mall also hosts regular in-store events, pop-ups, and activities for shoppers.
- A number of schools and nurseries that cater to different curricula and age groups. Some of the schools and nurseries in Dubai Hills Estate are: GEMS Wellington Academy – Al Khail (British curriculum), GEMS New Millennium School (Indian curriculum), GEMS International School (International Baccalaureate), Kings’ School Al Barsha (British curriculum), Blossom Nursery (Early Years Foundation Stage), Kids Kingdom Nursery (Early Years Foundation Stage), and Maple Bear Pre School (Canadian curriculum).
- A range of healthcare facilities that provide quality medical services and care. Some of the healthcare facilities in Dubai Hills Estate are: King’s College Hospital London – Dubai Hills (a multi-specialty hospital with over 100 beds), Mediclinic Parkview Hospital (a multi-specialty hospital with over 180 beds), Aster Clinic – Al Barsha South (a primary care clinic with various specialties), Prime Medical Center – Barsha Heights (a primary care clinic with various specialties), and Emirates Hospital Day Surgery & Medical Center – Motor City (a day-care surgical facility).
Which Outdoor Activities, Fitness And Beauty Are There In Dubai Hills Estate?
Dubai Hills Estate is a great place to enjoy outdoor activities, fitness and beauty. Here are some of the options you can explore:
- Dubai Hills Park: This is a recreational outdoor haven in the heart of Dubai Hills Estate. It features a variety of amenities, such as an ice rink, a skate park, a splash park, a basketball court, a volleyball court, an outdoor gym, a running track, a picnic lawn, a dog park and a kids’ play area. You can also enjoy the scenic views of the golf course and the surrounding greenery.
- Dubai Hills Golf Club: This is an 18-hole championship golf course that offers a challenging and rewarding experience for golfers of all levels. The course is designed by European Golf Design and managed by Troon Golf. It also has a clubhouse, a driving range, a pro shop, a restaurant and a lounge. You can book your tee time online or by phone.
- COLT Equestrian Courtyard Café: This is a café and equestrian centre located in Dubai Hills Mall. You can enjoy a delicious meal or a coffee while watching the horses and riders in action. You can also book riding lessons, pony rides, horse shows and events at the centre.
- Bikanervala: This is an Indian restaurant and sweet shop that also offers beauty services. You can indulge in authentic Indian cuisine, desserts and snacks, as well as get henna tattoos, threading, waxing and facial treatments at the salon.
- Miyabi Sushi: This is a Japanese restaurant and spa that offers sushi, sashimi, teppanyaki and other dishes, as well as massage, reflexology and beauty treatments. You can relax and rejuvenate your body and mind at this place.
These are just some of the outdoor activities, fitness and beauty options you can find in Dubai Hills Estate. There are many more to discover and enjoy in this vibrant community.
Which Leisure Activities And Notable Landmarks Are There In Dubai Hills Estate?
Dubai Hills Estate is not only a residential community, but also a leisure destination that offers various attractions and landmarks for visitors and residents alike. Here are some of the leisure activities and notable landmarks you can find in Dubai Hills Estate:
- The Storm: This is a record-breaking indoor rollercoaster that promises thrill-seekers the ultimate rush. It is located in Dubai Hills Mall and features twists, turns, loops and drops that will make your heart race. It is the first rollercoaster of its kind in the Middle East and one of the longest in the world7
- Roxy Cinemas: This is a cineplex that offers an immersive movie-watching experience with state-of-the-art technology and comfortable seating. It is located in Dubai Hills Mall and has 10 screens that show the latest blockbusters from Hollywood, Bollywood and other regions. You can also enjoy snacks and beverages from the concession stand or order them to your seat.
- Adventure Park: This is an indoor playground that offers 11 fantastic experiences for kids of all ages. It is located in Dubai Hills Mall and features climbing walls, trampolines, slides, obstacle courses, ball pits, soft play areas and more. It also has party rooms for birthdays and celebrations.
- Dubai Hills Central Park: This is a lush green oasis that spans over 180 hectares of land. It is located next to Dubai Hills Mall and offers various amenities for recreation and relaxation. It has walking trails, cycling tracks, picnic areas, playgrounds, water features, sports facilities and more. It also hosts events and festivals throughout the year.
- The Hills Eatery: This is a food court that offers a variety of cuisines from around the world. It is located in Dubai Hills Park and has 12 outlets that serve burgers, pizzas, salads, sandwiches, wraps, desserts and more. You can enjoy your meal with stunning views of the park and the golf course.
These are just some of the leisure activities and notable landmarks you can find in Dubai Hills Estate. There are many more to explore and experience in this dynamic community.
Which Restaurants Are Located In Dubai Hills Estate?
Dubai Hills Estate has a diverse range of restaurants that cater to different tastes and preferences. Whether you are looking for casual dining or fine dining, you will find something to suit your palate in this community. Here are some of the restaurants located in Dubai Hills Estate:
- Hillhouse Brasserie: This is a chic casual dining restaurant located in Dubai Hills Golf Club. It serves breakfast, lunch and dinner with dishes inspired by European cuisine. It also has a bakery stand that offers pastries, breads, cakes and more. You can enjoy your meal with views of the golf course and the park.
- The Duck Hook: This is a country pub and garden located in Dubai Hills Golf Club. It serves British pub classics with a twist, such as fish and chips, shepherd’s pie, roast beef and more. It also has a selection of beverages, including beers, wines, cocktails and mocktails. You can relax in the cosy indoor area or the spacious outdoor area.
- Tulum Restaurant: This is a Mexican restaurant located in Dubai Hills Mall. It serves authentic Mexican dishes, such as tacos, burritos, enchiladas, quesadillas and more. It also has a bar that offers margaritas, tequilas, sangrias and other drinks. You can enjoy your meal with live music and entertainment.
- SushiArt: This is a Japanese restaurant located in Dubai Hills Mall. It serves sushi, sashimi, maki, nigiri and other dishes made with fresh ingredients and artful presentation. It also has a delivery service that allows you to order online or by phone. You can enjoy your meal with views of the mall and the park.
- Eat Greek Kouzina: This is a Mediterranean restaurant located in Dubai Hills Mall. It serves Greek dishes, such as salads, soups, grilled meats, seafood, pasta and more. It also has a bakery that offers breads, pies, cakes and more. You can enjoy your meal with views of the mall and the park.
These are just some of the restaurants located in Dubai Hills Estate. There are many more to discover and savour in this community.
Which Supermarkets Are Located In Dubai Hills Estate?
Dubai Hills Estate is a residential community that offers a variety of supermarkets for its residents and visitors. Some of the supermarkets located in Dubai Hills Estate are:
- Geant: Geant is a hypermarket located in Dubai Hills Mall that offers a wide range of products, including organic and healthy items, bakery, continental food, and fresh meat. Geant also features digital screens, self-checkout counters, and online delivery services.
- Spinneys: Spinneys is a supermarket located in Dubai Hills Golf Club that offers quality products, such as fresh fruits, vegetables, meat, seafood, dairy, bakery, and deli. Spinneys also has a loyalty program, a mobile app, and a home delivery service.
- West Zone Fresh: West Zone Fresh is a supermarket located in Al Barsha South, near Dubai Hills Estate. West Zone Fresh offers imported and local products at competitive prices. It also has weekly deals on vegetables and meat products.
- Aswaaq: Aswaaq is a supermarket located in Umm Suqeim Street, near Dubai Hills Estate. Aswaaq offers a variety of products, such as fresh produce, halal meat, poultry, seafood, bakery, deli, and hot meals. Aswaaq also has an online store and a 24-hour service.
Which Beaches Are Located Near Dubai Hills Estate?
Dubai Hills Estate is not far from some of the best beaches in Dubai. Some of the beaches located near Dubai Hills Estate are:
- Jumeirah Beach: Jumeirah Beach is one of the most popular beaches in Dubai, located about 16 minutes away from Dubai Hills Estate by car. Jumeirah Beach offers a long stretch of white sand, clear water, and stunning views of the Burj Al Arab. Jumeirah Beach also has various facilities and activities, such as sun loungers, umbrellas, showers, changing rooms, lifeguards, water sports, jogging track, and children’s play area.
- Kite Beach: Kite Beach is another popular beach in Dubai, located about 18 minutes away from Dubai Hills Estate by car. Kite Beach is famous for its kite surfing scene, as well as other water sports such as stand-up paddle boarding, kayaking, and jet skiing. Kite Beach also has various facilities and activities, such as sun loungers, umbrellas, showers, changing rooms, lifeguards, food trucks, cafes, restaurants, shops, skate park, outdoor gym, volleyball court, and children’s play area.
- La Mer: La Mer is a beachfront destination in Dubai that combines leisure, entertainment, and dining. La Mer is located about 20 minutes away from Dubai Hills Estate by car. La Mer offers a sandy beach with turquoise water and palm trees. La Mer also has various facilities and activities such as sun loungers, umbrellas, showers, changing rooms, lifeguards , water park , cinema , boutiques , cafes , restaurants , and nightlife venues.
Which Malls Are Located Near Dubai Hills Estate?
Dubai Hills Estate is close to some of the best malls in Dubai that offer shopping , dining , and entertainment options . Some of the malls located near Dubai Hills Estate are:
- Dubai Hills Mall: Dubai Hills Mall is the newest mall in Dubai , located within Dubai Hills Estate . Dubai Hills Mall boasts over 650 retail outlets , a hypermarket , a cineplex , an adventure park , and a record-breaking indoor rollercoaster . Dubai Hills Mall also hosts regular events and activities for shoppers.
- Mall of the Emirates: Mall of the Emirates is one of the largest and most popular malls in Dubai , located about 10 minutes away from Dubai Hills Estate by car . Mall of the Emirates features over 630 stores , a hypermarket , a cineplex , an indoor ski resort , an aquarium , a theatre , an art gallery , and a hotel . Mall of the Emirates also hosts various events and festivals throughout the year.
- Dubai Marina Mall: Dubai Marina Mall is a waterfront mall in Dubai , located about 20 minutes away from Dubai Hills Estate by car . Dubai Marina Mall offers over 140 stores , a supermarket , a cineplex , a bowling alley , and a yacht club . Dubai Marina Mall also has a promenade with cafes , restaurants , and views of the marina.
Which Churches , Temples And Mosques Are Located Near Dubai Hills Estate?
Dubai Hills Estate is a multicultural community that respects and accommodates different faiths and beliefs. Some of the places of worship located near Dubai Hills Estate are:
- Al Salam Mosque: Al Salam Mosque is one of the most stunning mosques in Dubai , located in Al Barsha , behind the Mall of the Emirates , about 10 minutes away from Dubai Hills Estate by car . Al Salam Mosque has a pink and gold exterior and an Andalusian and Ottoman-inspired interior . Al Salam Mosque can accommodate up to 1,500 worshippers and offers regular prayers and Islamic lectures.
- St. Mary’s Catholic Church: St. Mary’s Catholic Church is one of the oldest and largest churches in Dubai , located in Oud Metha , about 20 minutes away from Dubai Hills Estate by car . St. Mary’s Catholic Church has a modern architecture and a spacious hall . St. Mary’s Catholic Church can accommodate up to 5,000 worshippers and offers daily masses and other services in various languages.
- Gurunanak Darbar Sikh Temple: Gurunanak Darbar Sikh Temple is one of the few Sikh temples in Dubai , located in Jebel Ali , about 25 minutes away from Dubai Hills Estate by car . Gurunanak Darbar Sikh Temple has a white and gold exterior and a colourful interior . Gurunanak Darbar Sikh Temple can accommodate up to 10,000 worshippers and offers daily prayers and free meals.
How Is The Rental Market In Dubai Hills Estate?
The rental market in Dubai Hills Estate is one of the most attractive and competitive in Dubai, as it offers a variety of properties for rent, ranging from apartments, townhouses, villas, and plots. Dubai Hills Estate is a premium lifestyle community that features a golf course, a park, a mall, schools, hospitals, and a metro station.
It is strategically located between Downtown Dubai and Dubai Marina, and offers easy access to other parts of the city. The rental trends of Dubai Hills Estate are as follows:
Rental Trends Of Dubai Hills Estate
The table shows that the rental prices of all property types in Dubai Hills Estate have increased from 2021 to 2022, indicating a high demand and a low supply of properties for rent in this community.
| Property Type | Average Rental Price (AED/year) | Change from 2021 (%) |
|---|---|---|
| Studio Apartment | 36,000 | +23.44 |
| 1-Bedroom Apartment | 51,000 | +15.14 |
| 2-Bedroom Apartment | 79,000 | +9.72 |
| 3-Bedroom Apartment | 120,000 | +9.09 |
| 3-Bedroom Townhouse | 140,000 | +7.69 |
| 4-Bedroom Townhouse | 160,000 | +6.67 |
| 3-Bedroom Villa | 200,000 | +11.11 |
| 4-Bedroom Villa | 250,000 | +8.70 |
| 5-Bedroom Villa | 300,000 | +9.09 |
The highest increase was observed for studio apartments (+23.44%), followed by 3-bedroom villas (+11.11%). The lowest increase was observed for 4-bedroom townhouses (+6.67%), followed by 2-bedroom apartments (+9.72%). The average rental price of a studio apartment in Dubai Hills Estate is AED 36,000 per year, while the average rental price of a 5-bedroom villa is AED 300,000 per year.
How Is The House Sale Market In Dubai Hills Estate?
The house sale market in Dubai Hills Estate is one of the most lucrative and dynamic in Dubai, as it offers a range of properties for sale, such as apartments, townhouses, villas, and plots. Dubai Hills Estate is a master-planned community that spans over 11 million sq m and features a golf course, a park, a mall, schools, hospitals, and a metro station. It is strategically located between Downtown Dubai and Dubai Marina, and offers easy access to other parts of the city.
House Sale Trends Of Dubai Hills Estate
The table shows that the sale prices of all property types in Dubai Hills Estate have increased from 2021 to 2022, indicating a high demand and a low supply of properties for sale in this community:
| Property Type | Average Sale Price (AED) | Change from 2021 (%) |
|---|---|---|
| Studio Apartment | 620,000 | +8.77 |
| 1-Bedroom Apartment | 950,000 | +8.57 |
| 2-Bedroom Apartment | 1,370,000 | +8.30 |
| 3-Bedroom Apartment | 2,050,000 | +8.47 |
| 3-Bedroom Townhouse | 2,500,000 | +8.70 |
| 4-Bedroom Townhouse | 3,500,000 | +9.38 |
| 3-Bedroom Villa | 4,500,000 | +9.76 |
| 4-Bedroom Villa | 6,000,000 | +9.09 |
| 5-Bedroom Villa | 8,000,000 | +8.11 |
The highest increase was observed for 3-bedroom villas (+9.76%), followed by 4-bedroom townhouses (+9.38%). The lowest increase was observed for 5-bedroom villas (+8.11%), followed by studio apartments (+8.77%). The average sale price of a studio apartment in Dubai Hills Estate is AED 620,000, while the average sale price of a 5-bedroom villa is AED 8,000,000.
What Are Other Area’s Or Communities Compared To Dubai Hills Estate?
If you are looking for other area’s or communites or want to research different options for investing in real estate, we have plenty more guides to read through. Other interesting area’s that are you can compare against Dubai Hills Estate:
- Invest In Property In Jumeirah Village Circle
- Invest In Property In Jumeirah Village Triangle
- Invest In Property In Pearl Jumeirah Island
Frequently Asked Questions
Below are answers to some of the most frequently asked questions about offplan investments in Dubai Hills Estate:
How Popular Is Real Estate Investing In Dubai Hills Estate?
Real estate investing in Dubai Hills Estate is very popular among local and foreign investors, as it offers a unique opportunity to own a property in one of the most prestigious and promising communities in Dubai.
Dubai Hills Estate is a flagship project by Emaar Properties and Meraas Holding, two of the leading developers in the UAE.
It is designed as a city within a city, with a balanced mix of residential, commercial, retail, and leisure options. It is also home to an 18-hole championship golf course, a 282,000 sqm regional mall, a 180,000 sqm park, three schools, two hospitals, and a metro station, apart from that, Dubai Hills Estate is strategically located between Downtown Dubai and Dubai Marina, and offers easy access to other parts of the city.
How Expensive Is Real Estate Investing In Dubai Hills Estate?
Real estate investing in Dubai Hills Estate is relatively expensive compared to other communities in Dubai, as it is one of the most premium and sought-after communities in the city. However, it also offers a good value for money and a high return on investment for buyers who are looking for a long-term investment.
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