Dubai Hills is a community under construction that is planned as part of the larger upscale neighborhood of Mohammed bin Rashid City. This community is well located as it is easily accessible from other already completed areas of the city. Luxury property in Dubai Hills the UAE is the main direction in which the local construction companies operate. These are residential complexes of various configurations. Among them are villas, townhouses, apartments, and residential plots. The elite area is known as one of the popular golf communities in Dubai: there is a golf club of more than 11 million square meters with 18 playing holes. The course overlooks the Burj Khalifa. Three hotels, two hospitals, a 54-kilometer bicycle route, two subway lines, and its own shopping and leisure mall are also planned for the area.
The Dubai Hills community is the first phase of the construction of Mohammed Ben Rashid City as part of Dubai. It is easily accessible as it is located near the southern Al Barsha neighborhood, along Al Hail Road (E44). The area is one of the popular places in the metropolis for luxury villa rentals. Among its advantages are:
- three luxury hotels that attract visitors with spa services, spacious rooms, and lively parties;
- two hospitals with highly trained staff and state-of-the-art equipment;
- Dubai Hills Mall with 650 retail stores, restaurants, adventure parks, and other leisure and recreational facilities;
- prestigious educational institutions such as EMS Wellington Academy, GEMS New Millennium School, and GEMS International School;
- two subway lines;
- a 54-kilometer bicycle route;
- a golf club with an 18-hole course;
- many parks, gardens, and green spaces;
- swimming pools;
- public parking spaces;
- sports fields;
- a large selection of catering facilities;
- drive-in movie theater;
Types of properties in Dubai Hills and their prices
Currently, the average price of a local villa is 1.9 million UAE dirhams. However, a 4-bedroom residential property will cost buyers around AED 2.2 million. A 6-bedroom villa can be purchased for at least AED 3.5 million. The cost of luxury real estate in the Dubai Hills increases in proportion to the way the area is built up. Prices for spacious townhouses range from AED 2.35-4 million depending on the number of rooms and range of amenities, and prices for apartments range from AED 0.8-4.8 million. The cost of residential units also affects their location. For example, villas, townhouses, and apartments that are located near the golf course, as a rule, cost more.
The Maple cluster in Dubai Hills is considered the most popular in the area. Here users are offered villas and townhouses with 3 and 5 bedrooms. This complex is more often chosen by tenants. The cost of renting a townhouse with 3 bedrooms in Dubai Hills is about 130 thousand AED ($ 35.3 thousand) a year. Townhouse with 4 bedrooms in this cluster can be rented for about 150 thousand AED (40.8 thousand $).
Sidra Villas is the second most popular community. Its construction has already been completed. The complex consists of apartments at affordable prices, which are especially attractive given the high quality of materials used in its construction.
Park Heights is the third most popular cluster. It offers 1-bedroom, 2-bedroom and 3-bedroom apartments.
Maple and Park Heights are also considered some of the best clusters in the Dubai Hills area for rentals.
Ultra-luxury villas are featured in the Golf Place and Fairway Vistas communities. The Golf Place community is divided into two parts: Golf Place Vistas and Golf Place Villas. The residential part of Golf Place Vistas are 6-bedroom mansions with a minimum living space of 792 m². Golf Place Villas are 4-, 5- and 6-bedroom villas ranging in size from 475 m².
The benefits of investing in Dubai Hills Estate
Dubai Hills Estate is not only a great option for comfortable family life, but also a great investment opportunity:
- The right balance between mid-budget apartments or townhouses and luxury villas.
- Close proximity to the center.
- Wide choice of properties: many objects are under construction and offer attractive payment terms.
Return on investment
Return on investment in 1-bedroom apartments in Dubai Hills is 5.2%. Apartments with 2 and 3 bedrooms are followed by 5.1% and 5% ROI respectively. Rounding out the list are larger 4-bedroom apartments with an expected rental yield of 4.9%.
3-bedroom villas can get the highest ROI of 5.1%. Spacious 4-bedroom and 5-bedroom homes are followed by 4.8% and 4.4% return on investment, while rental yields for 6-bedroom and 7-bedroom villas are 3.8% and 4.3%, respectively.
Help with choosing and buying apartments and villas in Dubai
The website Emirates.Estate presents real estate in different locations in Dubai. The search system is equipped with filters, through which you can find an object of the desired type, with the required number of bedrooms and within the available budget. The database of listings is regularly updated and contains relevant data. Expert advice can be obtained online. Start choosing your dream property now!