Property in Dubai Hills Estate
Real estate in Dubai Hills is a potentially profitable investment. The community belongs to the Mohammed Bin Rashid City (MBR City) area and is a 15-minute drive from the city centre. This large-scale development has all the benefits of living in a green area with quick access to the main locations of the metropolis.
The real estate is suitable for both relocation and investment. Buying a property in this location will be an attractive option for retirees, families with children, businessmen and anyone who appreciates the peaceful rhythm of life with close access to the central areas. The community is highly popular, ranking as one of the top leaders in terms of buying and renting real estate.
The area is designed to accommodate over 100,000 inhabitants. In the real estate market of this community, you can find all types of properties: premium villas, townhouses and apartments. Once the development is completed, the community will have approximately 30,000 residential units. The area is listed as a free zone, allowing foreigners to buy property in Dubai Hills with full private ownership.
The master plan for the development of the community has been designed by two of the largest construction developers in the UAE - Emaar Properties and Meraas Holding. These companies pay great attention not only to construction but also to the development of the district's internal infrastructure. At the heart of the community is a professional 18-hole golf course. There are also several hotels, medical centres, a large mall, supermarkets and several landscaped parks. Numerous amenities are provided for residents, ensuring that living in the community is very comfortable.
Real estate prices in Dubai Hills are directly related to the degree of amenities and exclusivity of the residential complex, the type of estate, the area, the layout and the number of rooms. The initial property cost in Dubai Hills Estate based on examples of different configurations of the objects is as follows:
- AED 830,000 (USD 226,000) - studio flats
- AED 900,000 (USD 245,000) - 1-bedroom apartments
- AED 1.32 million (USD 359,500) - 2-bedroom apartments
- AED 2.45 million (USD 667,000) - 3-bedroom residences
The villas in this community are far more expensive. The prices of mansions start at AED 3.3 million (USD 898,500). The cost of the most expensive villas in Dubai can reach 175 million AED (USD 47.64 million) for houses with 6-8 bedrooms.
Property investment in Dubai Hills
Buying real estate in Dubai Hills for investment and permanent residence will help you to combat inflation. This is a highly profitable investment and a stable tangible asset. Real estate in the United Arab Emirates has been increasing in value for years. In 2022 alone, the prices of apartments in Dubai increased by 8.5% in some areas. Villas prices have risen by an average of 13%. For investors, this is an affordable income opportunity.
The most attractive prices are found for real estate from developers. You can find affordable facilities in the area at the development stage of construction, enabling you to buy real estate at a far cheaper price. Once the asset has been completed, it’ll increase in value, allowing you to then resell it at a profit.
It’s equally profitable to buy a flat or house for subsequent rental. Most of the inhabitants of the metropolis are expats, so local real estate is consistently in demand. The rate of return on an apartment here ranges from 5.8 to 8% annually. Villas have an average profitability of 6%.
Buy property in Dubai Hills on Dubai-Property.Investments
Our website contains listings of homes for sale in this popular area. The base is regularly updated. View the property prices in Dubai Hills, UAE online. A convenient search system is equipped with filters to help you choose the type of housing you are interested in and the number of bedrooms and also calculate the prices in rubles, euros and dollars. Our brokers will help you find property in Dubai, suitable for foreigners, arrange a property viewing and provide legal support for the transaction with the registration in the Dubai Land Department and a guarantee of legal clearance. For advice, please use the feedback form.
