Dubai’s largest developer Emaar has announced its new luxury project Park Gate in Dubai, UAE. Situated in the Dubai Hills Estate neighbourhood, the gated community will comprise 87 four- and five-bedroom villas.
The complex will feature comprehensive security measures, with each house situated on a fenced plot.
The surrounding areas adjacent to the villas will be landscaped with ornamental plants. Additionally, the village will offer spaces dedicated to recreation, sports and walks.
Construction is scheduled for completion in December 2027. During the excavation stage of Park Gate, the price from the developer is AED 10.4 million (USD 2.8 million).
The new complex is situated in an area boasting excellent infrastructure. Within a 5–10-minute drive from the villa village, residents will find:
From Park Gate at Dubai Hills Estate, residents enjoy direct access to Umm Suqeim Street, which leads towards the coastal area of Umm Suqeim and intersects with the major highway Al Khail Road, traversing the centre of the emirate. This convenient transport accessibility allows villa residents to quickly reach the most popular locations in Dubai:
Plans are underway for the construction of a metro station and Etihad Rail station near the Dubai Hills Estate area. This development will provide residents with convenient access to a public transport system.
Buying a villa under construction from a developer offers investors the opportunity to secure a guaranteed profit. You can pay for the property in instalments, paying the amount gradually during the construction phase. By the time the project is operational, housing prices typically increase by 20–30%.
Luxury properties in Dubai present excellent opportunities for long-term investment. In recent years, premium-class housing has witnessed significant demand among foreign buyers and has consistently appreciated. Analysts predict that in 2024, the cost of apartments and houses in the emirate will increase by an average of 15%.
Owners of mansions in the prestigious family neighbourhood will be able to rent them out on a long-term basis, ensuring a stable income. The average rental price of a 4-bedroom villa in Dubai Hills Estate is AED 336,000 (USD 91,500), with an average annual profitability of 6.05%.
The mansions in the new complex will span three floors, a fenced garden plot and parking space for two cars. These houses are offered in two distinct types: one with a laconic design featuring flat rectangular balconies and the other boasting a modern design with smooth outlines of balconies and terraces. Each residence will be equipped with panoramic windows offering stunning views of the Dubai Marina skyline, ensuring that the rooms are bathed in natural light.
The 4-bedroom villas are 473 square metres, while the 5-bedroom villas boast 499 square metres. The layouts of the mansions are thoughtful and functional. On the ground floor, residents will find:
The first floor of the house will feature a family lounge and three- or four-bedroom, each with an en-suite bathroom and a wardrobe or dressing room (included in the master bedroom). The 4-bedroom homes will boast two balconies, while the 5-bedroom homes will have one spacious balcony.
On the third floor, residents will find a large outdoor terrace, a family room and a bathroom.
Within the gated community, a comfortable environment for a measured lifestyle will be meticulously crafted. Residents will enjoy access to picturesque park areas, featuring:
Additionally, residents will enjoy access to the following amenities:
An important advantage is the village’s favourable location close to:
Emaar Properties is one of the world’s most valuable and admired real estate development companies. With proven competencies in properties, shopping malls & retail and hospitality & leisure, Emaar shapes new lifestyles with a focus on design excellence,...