Overview

Property Description

In the sought-after Dubai Hills Estate neighbourhood, Emaar Properties launched Park Horizon in Q4 2022 as a premium residential development. In total, 300 residential units are available at the complex, which consists of two towers with stylish apartments ranging from 1 to 3 bedrooms, as well as spacious duplex townhouses with two bedrooms. Buying a property ranges in size from 653 square feet to 2,291 square feet. With floor-to-ceiling windows that overlook luscious leafy spaces, the Park Horizon residences will be enveloped in sophistication, and they will also offer spacious terraces, balconies, and gardens for occupants to enjoy. A 1-bedroom apartment in Park Horizon starts at AED 1,160,000 (USD 316,000). Emaar Properties' Hills Park is another flagship development in Dubai Hills Estate, offering apartments with 1–3 bedrooms and full-floor units. *Prices are valid for 2022 When Park Horizon is completed in Q3 2026, you will have the opportunity to get a great deal on a property at a lower price. As soon as the development is completed, you will be able to resell your unit for a higher capital value and earn an additional income. As a prospective resident of Park Horizon, you can also take advantage of the special rate for equipment rentals and tickets to attractions in Dubai Hills Park, which is available to all residents of Dubai Hills Estate. A world-class 18-hole par-72 championship golf course is just 10 minutes away from the development, located at Dubai Hills Golf Club. It is worth considering using a property in Park Horizon for a subsequent lease, as it is highly likely to be in high demand among families with children. The reason for this is that several prestigious educational institutions are just a 10 minute drive away, including GEMS International School, GEMS New Millennium School, GEMS Wellington Academy and Blossom Dubai Hills.. Currently, the average gross yield for apartments with 1-bedroom layouts is 6%, whereas the initial rental cost is AED 55,000 (USD 15,000). Investing in real estate valued at a minimum of AED 750,000 (USD 205,000) qualifies you for a 3-year investor visa under the Taskeen Programme. Also, if you purchase real estate worth AED 2,000,000 (USD 545,000), you will be eligible for a 10-year Golden Visa. It is important to note that these residency schemes are only applicable to completed properties, so you must apply when Park Horizon is fully complete.

Features & Amenities

Location