Overview

Property Description

Emaar Properties launched Hills Park, an upscale residential complex, in Dubai Hills Estate in Q3 2022. Buyers can choose from a selection of sophisticated one- to three-bedroom apartments, as well as full-floor units. One or two balconies overlook lush green spaces, and apartments range in size from 675 square feet to 1,777 square feet. Full-floor properties are 19,886 square feet to 20,053 square feet. The starting price for a one-bedroom apartment is AED 1.21M (USD 329K), and the starting price for a full-floor unit is AED 35M (USD 9.5M). *Prices are valid for 2022 Handover is scheduled for Q2 2026 at Hills Park. Buyers can acquire property during the construction and planning phases at a lower price, which is lower than the final stages or the handover of the property. A deal valued at at least AED 15M (USD 4M) is eligible for a 2% discount from Emaar Properties. Hills Park provides full-floor units, which enable owners to make the space as personal as possible. Buyers may also opt to purchase a property to use privately and lease out the remaining residences with the help of a property management service, generating a substantial income. In addition, the entire floor can be remodeled, or half of it, to create a spacious penthouse with the utmost privacy. According to Property Finder, the return on investment for a one-bedroom apartment in Dubai Hills Estate has reached 6% as of Q3 2022. The annual rental rates start at AED 50K (USD 13.6K), and as local infrastructure develops, property values and rental yields are expected to increase. When Hills Park is completed, property owners who purchase a unit for a minimum price of AED 750K (USD 205K) become eligible for a three-year investor visa. Investing in an off-plan property worth at least AED 2M (USD 545K) provides owners with the option of obtaining a Golden Visa for ten years.. Golden Visa holders can bring their families to the UAE, obtain health insurance, open a bank account, and obtain a driver's license.

Features & Amenities

Location