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Dubai has set its footprint as one of the most attractive cities to reside in. People around the world are actively looking to own a house in this city and reside permanently.
With its promise of luxury, convenience, and architectural wonders, Dubai Hills Estate has become the talk of the town for those seeking a place to call home in this thriving city.
In this article, we will delve into factors that make Dubai Hills Estate a good place to live in.
About Dubai Hills Estate:
Dubai Hills Estate is a project that is currently being developed under two renowned developers, Emaar Properties, and Meraas Holding.
The community holds several elegant and sustainable residential development projects like Emaar Club Drive. The properties in the community surround an 18-hole championship golf course.
The project covers over 11 million sq. m. with access to major locations in the city. The community is segmented into three parts. The first one is for elegant villas, the second for shopping centers, and the third is for residential towers. Pretty much a self-sufficient community with every amenity, facility, and service you will ever want.
Is Dubai Hills Estate Good For Investment?
Dubai Hills Estate is great for families and investors alike. Investors love it for its property variety, high rental income, and excellent return on investment (ROI). Here’s why it’s a smart choice:
- A 1-bed apartment starts at AED 890,000.
- You can rent it for around AED 52,000 annually.
- That’s a solid 5.2% ROI, and you might even find discounted prices.
The number of transactions in Dubai Hills Estate increased by 36.86% in 2022. Dubai Hills Estate is considered to be one of the most in-demand communities. In fact, it was in the 10th most popular villa community in 2022. In a nutshell, investing in Dubai Hills Estate properties is expected to turn profitable for investors.
What’s the Future like for Emaar Dubai Hills Estate?
Dubai Hills Estate by Emaar Properties is an ongoing project that includes residential, commercial, and leisure space. The main focus of these properties is providing a luxurious lifestyle to residents.
Undoubtedly it is going to be one of the largest real estate developments so far.
The future of any residential property depends on various factors like economic conditions, market demand, and the developer’s ongoing plans.
However, considering the reputation of Emaar Properties, they are definitely going to build space that aligns with market trends and customer demands.
Now, before this lucrative future captivates you to make spontaneous decisions, we would suggest you go through the cost of property in this area as well as the detailed pros and cons mentioned in this article.
Cost Of Properties In Dubai Hills Estate:
The bare minimum cost of properties in Dubai Hills Estate is AED 2,259.490 per sqft. The average on the other hand is AED 1,963.364 per sqft. One of the most expensive properties in Dubai Hills was recently priced at AED 2,394.618 per sqft. The price we have mentioned above is for 2023. That said, it may be more or less when you are reading it.
Living in Dubai Hills Estate by Emaar:
Dubai Hill Estate excels in creating a sustainable residential community. Each property in the community is known for its architecture that meets international standards.
However, every community has some advantages and disadvantages. Dubai Hills is no exception to it.
Let’s have a look at these advantages and disadvantages one by one.
Advantages Of Living In Dubai Hills Estate:
Location and Accessibility
Dubai Hills Estate by Emaar is situated in Mohammed Bin Rashid City (MBR City) and offers easy access to prominent Dubai neighborhoods such as Emirates Hills, Dubai Marina, and Downtown Dubai. Travel time to these areas is 20-30 minutes via Al Khail Road and Emirates Road. It’s also close to Al Quoz and Al Barsha for shopping. Dubai International Airport is a 25-minute drive away, and key business districts like Dubai Knowledge Park, Dubai Media City, and Dubai Internet City are easily reachable, making it ideal for professionals.
Dubai Hills Estate is a gated community with modern villas and townhouses. The space offers family-friendly amenities. Don’t believe us? You can have a look at their massive 2 million square feet space for a shopping center that has retail shops, dining, and entertainment options. Additionally, the neighborhood has supermarkets, healthcare facilities, and schools, making it an ideal place for families with children.
Choice of Property:
Dubai Hills Estate offers diverse residential options, for approximately 100,000 people. Potential homeowners can choose from luxurious 3 to 7-bedroom villas and modern 1 to 4-bedroom apartments. These properties are not only excellent for living but also make for sound investment opportunities. Whether you are looking for a space you can call home or searching for the best investment options Emaar Dubai Hills Estate is your destination.
Although most of the properties in prime residential areas lack the tranquillity found in neighborhoods far off the city centers, Dubai Hills Estate is an exception. Even when you get access to each and every important location you can still enjoy a vibe of peace.
Dubai Hills Estate not only has amenities that cater to your entertainment needs. They have taken special care of the resident’s health. The community offers parks, green areas, and gardens for a relaxed and active lifestyle. You can have a sound morning walk, take your kids to play, or simply meet your target’s footsteps while jogging. Not to mention, this place is a heaven for sporty people. The community has a 1.2 million square feet golf course, a tennis academy, splash park, volleyball court, gym, skate park, pools, and whatnot. The list goes on!
Happy Place for Pet Owners:
Having a pet can infuse a lot of joy into one’s life. However, not all residential accommodations are pet-friendly places. This is one area where Dubai Hills Estate scores full marks. Residents can enjoy living with their pets in this neighborhood. The only restriction is that they cannot breed pets for commercial purposes.
The Downside Of Living in Dubai Hills Estate By Emaar
You already have tons of reasons to get settled in Dubai Hills Estate By Emaar. But here, we will take you through a few cons of owning a property here. First thing first, the project is still under development. Which means it will take time to get returns on your investment. You cannot purchase a unit this month and rent it out the other day.
The second concern is the lack of public transportation in this community. Although it has access to major locations, finding public transport is a huge problem. This might turn away people who want to rent your unit, especially the ones who are working or have kids. Not to perry though, in the upcoming years, it is expected for the situation to change.
Wrapping It Up:
Dubai Hills Estate by Emaar Properties is undeniably a captivating residential destination. Its prime location ensures easy access to key areas of the city while the diverse property options cater to both homeowners and investors. The community is known for its peaceful environment and a plethora of amenities.
However, it’s essential to understand whether or not the property suits your requirements. To understand the same you can carry out in-depth research on the community or simply contact Top Luxury Property. From there on, we will assist you through each and every step till you settle in your new home.