Reem Hills

Reem Hills by Modon Properties is a stunning residential community located on a hilltop on Al Reem Island. It consists of luxurious three- and four-story villas with 5-7 bedrooms. The residences range from 10,484 sq. ft to 19,149 sq. ft, and the plots from 10,452 sq. ft to 21,689 sq. ft. It offers a unique panoramic view of the surroundings. The expected completion date of the project is the second quarter of 2026.

In the fourth quarter of 2024, Modon Properties announced the start of construction of a new phase of the community – Reem Hills Sierra Views 2.

The design of each villa pays special attention to the layout: high ceilings, functional space, and panoramic windows. All this creates a sense of spaciousness and fills the rooms with plenty of natural light.

As part of a special offer valid until the end of 2024, the minimum price for a villa in Reem Hills is AED 12M (USD 3.28M). The developer offers a 50/50 payment plan, as well as a 2% discount on the ADM fee.

The first phase of Reem Hills was successfully sold out even before the official start of sales. Such a colossal response indicates high demand for real estate on Al Reem Island and buyers’ confidence in the highest quality of real estate from this developer. Reem Hills will provide truly comfortable living conditions for families with children thanks to the presence of an early learning center, private school, medical facility, and mosque.

You will be able to get good profits from renting out real estate. As of the fourth quarter of 2024, the average yield of five-bedroom villas on Al Reem Island is 5.5%. The average annual rent is AED 400K (USD 109K) per year.

Another advantage of buying property in Reem Hills is the opportunity to obtain a 10-year Golden Visa if the value of the residence exceeds AED 2M (USD 545K). It applies to you, your family, and staff. It can also be renewed indefinitely as long as you remain the property owner.