Completed in 2020, the Park Point residential project by Emaar Properties, a renowned developer in the UAE, is located in the burgeoning Dubai Hills Estate, Mohammed Bin Rashid City. It is presented as four separate nine- and ten-storey buildings: Park Point Building A, Park Point Building B, Park Point Building C and Park Point Building D.
The complex’s collection of residences include one-, two- and three-bedroom apartments and duplexes. All apartments have a modern style, are practically designed, made of high quality materials and equipped with built-in closets and wide balconies. Panoramic windows create the maximum light, and the interior finish in neutral tones makes each living space seem larger. One-bedroom apartments in Park Point have a minimum size of 60 square meters (648 square feet) and cost from AED 848,000 (USD 230,000).
The main services and amenities offered to Park Point residents include:
*The price is valid for 2020
Park Point is located in Dubai Hills Estate, a suburb of Dubai Mohammed Bin Rashid City, it has been designated as a “city within a city” project. It is positioned in a convenient location between Sheikh Zayed Road and Al Khail Road allowing for quick access to the city center.
It takes 25 minutes to reach DXB International Airport, 35 minutes to Al Mactoum Airport, 17 minutes to Palm Jumeirah Island, 15 minutes to Burj Al Arab Hotel, 20 minutes to The Walk JBR and just 20 minutes to Dubai Mall.
In the Dubai Hills area two metro lines and a 54 km route for bicycles are projected, and next to the Park Point complex there is a park area, Dubai Hills Park and a large shopping center Dubai Hills Mall. Modern infrastructure in the area includes: 18-hole golf courses, golf clubs, public swimming pools, catering facilities, playgrounds, three schools, a hospital, offices and recreational areas.
The Dubai Hills Estate area is growing rapidly and is attracting major investors. The construction of new facilities that improve the lives of residents is expected to result in an increase in the popularity of complexes located in this up and coming location. Investments in projects in this part of the city have a high return on investment. One-bedroom apartments in the Park Point apartment complex are offered at an average price of AED 950,000 (USD 260,000), and the annual rent is about AED 60,000 (USD 16,300). Based on this, the return on investment in the project can reach up to 5.12%.
*The price is valid for 2020
Sign up for our weekly newsletter for market updates!