Park Ridge
Buying Property in Park Ridge by Emaar
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Listing by
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About the project
Park Ridge is a gated residential community in Dubai Hills Estate. The towers are 10-22 floors high and are built by Emaar Properties, a well-known developer in the UAE. Construction began in 2017, and the planned delivery date for the facility is 2021.
Those wishing to purchase real estate in the complex have a choice of 1, 2 and 3 bedroom apartments and townhouses each with quality modern amenities.
Residents will enjoy the green space surrounding the towers. There is a shopping center as well as cafes and restaurants on site.
There are recreational areas, parks, children’s playgrounds, jogging and cycling paths, an outdoor gym and community pools.
The main feature of the complex is an 18-hole championship golf course.
There is 24-hour security and maintenance on site for comfortable living.
The approximate cost of one-bedroom apartments with a size of 60.2 square meters (648 sq ft) is AED 820,000 (USD 223,241).
*The price is valid for 2020
Location
Dubai Hills Estate is an area with good infrastructure and transport accessibility. It is located just off Al Khail Road (E44) which provides easy access to everywhere in the city.
From Park Ridge you can quickly drive to the following destinations:
- Dubai Mall – 20 minutes;
- Burj Al Arab – 16 minutes;
- Palm Jumeirah – 18 minutes;
- The Walk JBR – 22 minutes.
Dubai International Airport (DXB) is approximately 26 minutes away and it is about 38 minutes to the new Al Maktoum International Airport.
The gated residential area is home to educational facilities for children and medical centers.
Payback
With its fitted-out residential interiors and modern design and attractive surroundings, Park Ridge is a good choice for those wishing to buy a property for permanent residence or to rent out.
Dubai Hills Estate is popular with high-income buyers. According to the latest data, the return on investment in luxury apartments in the community is about 4.9%.
The average gross return on residential investment in the Dubai Hills Estate has recently reached 5.12% per annum.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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