Townhouses for Sale in Dubai Hills Estate

Dubai is an ultra-modern, world-class metropolis. It is a mistake to think that such a powerful economy is based on oil alone. Income from the sale of energy in the UAE budget is only 5%. The rest of the cash flow comes from other areas, real estate sales and international trade.

The influx of investment from all over the world is provided by large economic facilities. For example, these include:

• Jebel Ali artificial harbor, near which the free trade zone of the same name is located;
• The port of Rashid – the world’s leading transport hub;
• free economic zones, which operate both local and international companies.

The world’s largest airports, providing up to 90 million passengers annually, are located in Dubai. In addition, the emirate is a coastal state with a developed resort and tourist sector.

Dubai Hills Estate is a new community under construction over an area of 11,000,000 square meters. It is a sub-community within Mohammed Bin Rashid City (MBR City). The Dubai Hills project is the brainchild of Dubai’s two largest developers, Emaar Properties and Meeras Holding. It is the first phase of the MBR City development. Within this sub-community alone it is planned to build 30 residential quarters capable of accommodating more than 100,000 residents. There are villas, townhouses, and apartments, as well as building plots, hotels, hotels and commercial centers.

Dubai Hills Estate district has an abundance of green spaces – parks, gardens and bike paths are allotted here across an area of about 54 km.

The entire area of the district is conditionally divided into three zones:

1. The central part of Dubai Hills Estate consists of Parkways & Fairways Villas.
2. The northern part of the area is characterized by a 7 km street with restaurants and stores, around which are built two shopping centers and mid-rise residential complexes.
3. The third zone consists of the larger communities of Mape and Sidra where there is a concentration of villas and townhouses.

The infrastructure of the area is fully consistent with what you would expect from a modern metropolis. There are many socio-cultural, commercial and entertainment facilities. There are four schools, a park with play and sports grounds, a tennis court and cycling paths. Within the area are attractions such as Dubai Hills Mall and Dubai Hills Park (the largest park in the world) and an 18-hole golf course.

The District of Dubai Hills Estate has a developed infrastructure and an abundance of greenery. Additionally, it is within a 20-minute drive from many important destinations in the emirate, such as Downtown Dubai, Dubai Studio City, Dubai Investment Park and Palm Jumeirah. Thanks to such a great location, the community’s real estate is popular with family and business people. Note that much of the area is still under construction. Completion is scheduled for the end of 2022. This means that buyers have the opportunity to invest in Dubai Hills Estate while it is still under construction on more favorable terms.

As for investment opportunities, the average return on real estate in the area is 5.2%. In demand properties include townhouses. For example, a 2,234 sq. ft. three-bedroom townhouse in Maple Community will cost you from AED 2,450,000 (USD 667,000). A 3,757 sq. ft. 4-bedroom townhouse in Sidra will cost AED 4,300,000 (USD 1,170,700), and a similar property in Golf Palace with 5,385 sq. ft. will be AED 8,750,000 (USD 2,382,000). At the same time theannual rent of a townhouse with 4 bedrooms is from AED 160,000 (USD 43,600).