Properties for Sale in Dubai Hills Estate

Dubai Hills Estate is one of the most popular areas to reside in Dubai, with a mixed-use infrastructure, and great overall amenities. The project launched in 2014 and is a joint venture of two holding companies – Emaar Properties and Meraas Holding. This was the first phase of construction for the Mohammed Bin Rashid City district (MBR City) and is a “city within a city” due to the huge scale of the project. The total built-upon area is over 118 million sq. ft, where it is proposed to accommodate over 100,000 residents in over 30 blocks. Most of the area is set aside for vast landscaped parks and gardens, outdoor areas and a 177,165 ft cycling track. The project comprises property such as a commercial centre, hotels and hotel apartments, townhouses, mid and low-rise complexes as well as residential land plots, which are located on an area equal to 200 football fields. It is evident that no other community in the region can measure up to such size.

According to the master plan, Dubai Hills Estate is an extensive residential complex, which is essentially divided into three zones:

• The central part of the development is surrounded by 397 villas, which belong to the Parkways & Fairways community.
• In the northern districts there are two shopping centers and mid-rise residential complexes built around a 22,965 ft street with shops and restaurants.
• The third zone has a higher building density in the Maple and Sidra communities where both villas and townhouses are located. Sidra consists of three phases; the first one will present 170 villas, the second – 160 and the third will house approximately 145 villas.

It is worth noting that Dubai Hills is very popular among families with small children, as the area has four schools, a vast park with playgrounds, volleyball court, tennis court, skate park, bike paths, swimming pools and landscaped recreation areas with hammocks. As for young professionals who prefer a lively social life, this is a place where they can relax and escape their daily routine.

• The community is easily accessible as it is located along the Al Khail Road (E 44) and
• The community is easily accessible as it is located along the Al Khail Road (E 44) and Umm Suqeim Road as well as Sheikh Mohammed bin Zayed Road.
• Two metro lines are planned to open near the area, but at the moment the nearest metro stations are Mall of the Emirates, Noor Islamic Bank and First Abu Dhabi Bank all located 10-15 minutes away by car.
• The nearest bus stop are in the neighbouring area of ​​Al Barsha. With the expansion of the district, Dubai Hills Estate will have its own bus stops located throughout the area.
• Within 15-20 minutes one can reach such districts as Downtown Dubai, Al Barsha, Dubai Studio City, Dubai Internet City, Dubai Investment Park, Palm Jumeirah, Dubai Marina and Arabian Ranches.
• Dubai International Airport (DXB) is 20 minutes away by car and Al Maktoum International Airport is 40 minutes away.

Dubai Hills Estate offers several types of properties for both sale and to rent. According to Bayut’s 2020 Annual Rental Report, Dubai Hills Estate ranks as one of the most popular cottage communities in Dubai for luxury villa rentals. This tendency continued in 2021.

• According to the data of DLD, the sales volume on the secondary market, as of February 2021, consisted of 75 units for villas and 22 units for apartments, where the sales price per 10 sq. ft was AED 1,153 or USD 314. As for the luxury real estate sector, the most popular choice among buyers was the golf view villas with 4-6 bedrooms in Golf Place.
• The average rental cost of housing in Dubai Hills Estate, as of February 2021, was AED 131,600, USD 36,000 for villas and AED 92,000, USD 25,000 for apartments. To be more specific, the rental price range can vary from AED 52,000, USD 14,200 for 1-bedroom apartments, while 2-bedroom apartments range from AED 65,000, USD 18,000 to AED 99,000, USD 27,000 per year. The rent for a more spacious property with three and more bedrooms will cost tenants from AED 115,000, USD 31,300 per year.

When buying property in Dubai Hills Estate, the ROI is 5.2% per annum for 1-bedroom apartments, 5.1% and 5% for residential units with 2-3 bedrooms. Larger units with 4-5 bedrooms generate an average ROI of 4.9% and 4.4%, while 6-7BR villas generate ROI of 3.8% and 4.3% respectively.

1. The Maple community is considered one of the most popular developments in the area. It offers villas and townhouses with layouts of three to five bedrooms. The price of such a property starts from AED 2,350,000, approximately USD 640,000. Annual rental price starts from AED 135,000 or USD 37,000.
2. The sub-community of Sidra is divided into three clusters with 3-5BR villas. In Dubai Hills Estate, it ranks 6th in terms of size. The purchase price of residential units in this area start from AED 3,200,000 or just over USD 870,000. Average rental prices in the communities of Sirda start from AED 170,000, USD 46,300 to AED 300,000, USD 82,000 per year.
3. Park Heights is ranked third in terms of user searches for buying and renting. The sub-community features 1, 2 and 3-bedroom apartments. The cost of real estate starts from AED 861,000 or USD 235,000. Renting a 2-bedroom apartment of ​​957 sq. ft will cost tenants AED 72,000, USD 20,000.
4. Ultra-luxury residences in Golf Place offer a range of 6-bedroom mansions with a minimum area of ​​8,525 sq. ft, as well as 4-6BR villas and apartments ranging from 5,112 sq. ft to 7,405 sq. ft. The purchase price of a 6BR property starts from AED 6,000,000, or USD 1,600,000.