Overview
Dubai Hills, a masterfully planned community nestled within Mohammed bin Rashid City, has quickly become one of the most sought-after residential areas in Dubai. Known for its luxurious living spaces, world-class amenities, and serene environment, Dubai Hills attracts both expatriates and locals looking for a premium lifestyle.
Steady Demand for Ready Properties
The demand for ready properties in Dubai Hills has remained robust over the years. According to DXB Interact, transaction values have consistently been high:
- 2021: AED 4.3 billion
- 2022: AED 4.8 billion
- 2023: AED 4.8 billion
- 2024: AED 2.3 billion (as of June, with expectations to surpass 2023)
Limited Supply of Ready Townhouses and Villas
The supply of ready townhouses and villas in Dubai Hills is limited, which has kept prices stable and likely to remain so in the near future. Mortgage transaction data further highlights the strong end-user market within this community:
- 2021: AED 2 billion
- 2022: AED 2.1 billion
- 2023: AED 2.2 billion
- 2024: AED 1.1 billion (as of June)
This trend suggests a significant number of residents are end-users who intend to live in their properties.
What's Next for Dubai Hills Estate
The next handover for villas in Dubai Hills is scheduled for Q4 2024, featuring exclusively luxury villas:
- Ellie Saab (Palm Hills): 5 bedrooms
- Lamborghini Villas: 6 bedrooms
- Golf Place Terraces: 4, 5, and 6 bedrooms
Visit Our On-Site Office
If you have any questions or would like to discuss opportunities in Dubai Hills further, feel free to visit our brand new, state-of-the-art office:
Fäm Properties - Dubai Hills
Park Heights Square Building 2, Level 6, Unit 603-604
Contact Us:
Tel: +971 4 2483 600
Toll-Free: 800-326-800
Email: [email protected]