GREENSIDE RESIDENCE by Emaar Properties in Dubai Hills Estate, Dubai

Greenside Residence by Emaar Properties

One of the largest Dubai-based development companies, Emaar Properties, has started construction of a new residential project, Greenside Residence in Dubai, UAE. The complex will appear in the Dubai Hills Estate neighborhood, next to golf courses. The project will include:

Tower A with a basement level, first floor, podium, and 19 residential floors
Tower B with a basement level, first floor, podium, and 22 residential floors
Building C with the first floor, podium, and one residential floor.

On the first floors of residential buildings, there will be spacious lobbies with places to rest. In the residential part of the new complex, you will find:

One-bedroom apartments of 67–105 m2
One-bedroom apartments of 67–105 m2
Three-bedroom apartments of 131–167 m2.

Residents of the new community will have access to modern amenities, including:

Landscaped pool
Changing cabins adjacent to the pool
Multipurpose room for social events
Children’s playground
Indoor fitness center
Outdoor sports court
Landscaped garden on the podium
Barbecue areas.

The buildings will have 24-hour security. The complex will also include a covered automobile parking lot. The project is expected to be commissioned in Q3 2027. The starting price of the apartment at the excavation stage is AED 1.4 million (USD 381,000).

Location

Greenside residences are located between the elite Dubai Hills Golf Club and several prestigious schools:

GEMS Wellington Academy School
GEMS New Millennium School
GEMS International School.

Within walking distance, there is also a Geant Express supermarket, a Hill View tennis court, and Blossom Nursery School.

It takes 5–10 minutes by car to reach the following renowned attractions:

Dubai Hills Park, a large park area with sports fields, several play areas for children, a skate park, and the Splash Park water playground
Dubai Hills Mall, which features a hypermarket, movie theater, various restaurants, and many retail stores
King’s College Hospital London.

Emaar Greenside is located near the exit to Al Khail Road. It takes 17 minutes to reach Downtown Dubai, where one of the largest shopping centers Dubai Mall, the famous high-rise building Burj Khalifa, and other popular sites are found. It is also easy to get to Dubai International airport from the complex.

Properties in Greenside Residence for investments

Today, you have the opportunity to favorably purchase real estate in Greenside Residence, the prices from the developer at the construction stage will be the most beneficial. By the time the buildings are put into operation, apartments can increase in price by 20–30%. This will allow investors to resell the housing with a substantial profit.

Investing in properties in Dubai is profitable, as housing in the city has high liquidity and is growing well in price. Over 2022, the cost of ready-made apartments in the emirate rose by 14%, and in 2023, an average price increase of 13.5% is expected. There is also a high return on real estate investment in the city. In the Dubai Hills Estate area, rental apartments with one bedroom bring an average income of 7.35% per year, while those with two bedrooms bring 7.5%. At the same time, the starting rental price of the apartment is AED 68,000 (USD 18,500).