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Artur Galliamov
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Profitable branded real estate from market leaders: Ultra-luxurious residences by developer Emaar and hotelier Address Hotels + Resorts. This Dubai off-plan project will be located in Dubai Hills Estate. Situated at the entrance to a vast park and just a five-minute walk from Dubai Hills Mall. A…
The Palace Residences residential complex is located in Dubai Hills Estate which can be for sure called one of Dubai’s most sought-after residential communities. The average annual rental cost for a 750 sq. ft. apartment is 140,000 dirhams. Net rental income is 7-9% per year.
The project boasts a very convenient location. Dubai Hills Mall, featuring roller coasters and Roxy Cinemas, as well as a park with a mini water park and lagoons, and cafes, are 2-5 minutes away on foot. Nearby are three prestigious international schools, including GEMS, two clinics, and a professional 18-hole golf course.
Excellent transport accessibility and the location of Palace Residences near Al Khail Road (E44) and Umm Suqeim Road (D63) provide quick access to the city center.
The construction of a metro station in the area of Dubai Hills Estate by 2030 will make the travel time to other locations of the city times shorter and significantly increase the value of the Palace Residences property.
25 min Al Maktoum International Airport
20 min Dubai International Airport (DXB)
15 min Downtown Dubai
15 min Dubai Marina
Palace Residences Dubai Hills Estate
Dubai Hills Estate, Dubai
Palace Residences Dubai Hills Estate by Emaar luxury residential complex consists of three buildings with 16, 18, and 19 floors. The first two towers are already built. The properties include apartments with 1, 2, and 3 bedrooms ranging from 738 to 1,959 sq. ft., as well as 3-bedroom townhouses ranging from 2,294 to 2,303 sq. ft.
1,760,000 AED
2,590,000 AED
3,580,000 AED
6,260,000 AED
Down payment
During construction
On handover in April 2028
Buy property at the developer prices
our commission
Investors seek such properties. Developer Emaar and the Palace brand, belonging to the Address Hotels + Resorts group, create highly liquid real estate that is easy to resell or rent out.
Palace Residences offer numerous recreational areas for children and adults. Residents will enjoy the Sky landscaped terraces with rooftop lounges and a 50-meter pool. There is a Splash Zone for children’s water play. For active recreation, there are paddle tennis, basketball courts, and gyms.
All apartments at Palace Residences are sold with designer turnkey finishes, ready kitchens, and fully equipped bathrooms, along with parking spaces. Thanks to the project’s smart location, almost all residences offer beautiful park views.
Thoughtful layouts for comfortable living include master bedrooms, laundry rooms, balconies, or terraces accessed from 3-4 rooms. 3-bedroom apartments feature staff rooms/offices.
Artur Galliamov
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The developer of the residential complex is Emaar, a company that started its way in 2002. Over this period, Emaar has built 108,000 units of residential property, and, of course, the famous tower Burj Khalifa and the most visited Dubai Mall.
The project consists of 620 units: 1, 2, and 3 bedroom apartments, and 3-bedroom townhouses.
The property areas range from 738 to 2,303 square feet: 1-BDRM apartments: from 738 to 920 sq. ft. 2-BDRM apartments: from 1,106 to 1,515 sq. ft. 3-BDRM apartments: from 1,466 to 1,959 sq. ft. 3-BDRM townhouses: from 2,294 to 2,303 sq. ft.
The down payment is 10%. During construction, 70% must be paid, divided into seven payments of 10% each. Upon handover in April 2028, 20% of the residence's cost is due.
As of mid-May 2024, the prices are: 1-BDRM apartments: from 1.76 million dirhams 2-BDRM apartments: from 2.59 million dirhams 3-BDRM apartments: from 3.58 million dirhams 3-BDRM townhouses: from 6.26 million dirhams
The main infrastructure is located on the podium level of the residential complex and covers 17,000 square feet. It includes adult and children's pools, a splash zone for water play, paddle tennis courts, basketball courts, gyms, tennis tables, yoga areas, barbecue zones, and landscaped gardens. The top floors of the buildings feature Sky terraces with lounge areas.
Developer Emaar and the Palace brand, part of the Address Hotels + Resorts group, specialize in building high-demand real estate in developed urban locations. The expected net rental yield on this project is 7-9% per year.
The project is located in the well-developed, family-oriented area of Dubai Hills Estate, known for its cohesive architectural style and well-thought-out infrastructure. The main advantages of the location include the proximity to the district's magnet Dubai Hills Mall with Roxy Cinemas and an amusement park, lagoon and other water recreation and fun facilities, as well as restaurants and cafes. Additionally, there are three prestigious international schools nearby, including GEMS, two clinics, and a professional 18-hole golf course. By 2030, a metro station will be built in Dubai Hills Estate, so that you will be able to travel to other Dubai districts fast and easy. Another plus of the metro station construction is the immediate increase in the property value.
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