Sky Hills Residence 3

Sky Hills Residence 3

By HRE Real Estate Development in Jumeirah Village Circle (JVC)

Fully furnished apartments with appliances in JVC — a top rental area in Dubai. Post-handover payment plan: 40% over two years until Q2 2029. It takes 10 minutes to the DMCC Free Zone and Mall of the Emirates, and 15 minutes to Burj Khalifa and Dubai Marina.

703,129 AED

Minimum cost

Q2 2027

Project completion

About Location
About Location

Sky Hills Residence 3 — Location

Sky Hills Residence 3 is located in Jumeirah Village Circle (JVC), one of the most desirable areas for families with children in Dubai. Expats and investors prefer this area for its affordable prices, proximity to Dubai Marina and the DMCC Free Zone, as well as consistent growth in property prices and rental yields. For instance, the cost of a 2-bedroom apartment in JVC is half the price of similar properties in Marina or Downtown Dubai.

Over the past few years, JVC has seen steady growth in rental yields and property prices. In 2024, average rental yields are expected to range between 6.5% and 7.8%, compared to 6%–7% in 2022.

The transport infrastructure around Sky Hills Residence 3 is highly developed. The project is conveniently located with quick access to key destinations. Circle Mall is just one minute away, and it’s a 10-minute drive to the DMCC Free Zone and GEMS Founders School. Mall of the Emirates, one of Dubai’s largest shopping centers, is also 10 minutes away.

By 2030, two new metro lines — the "Green" and "Yellow" lines — will be built in the area, with stations 3–8 minutes away. Additionally, the "Purple" metro line will connect Al Maktoum Airport to coastal areas, which is expected to further increase property prices in JVC.

1 mins Circle Mall

10 mins DMCC Free Zone

10 mins GEMS Founders School

10 mins Mall of the Emirates

15 mins Dubai Marina

15 mins Burj Khalifa and Downtown Dubai

18 mins Palm Jumeirah

25 mins Dubai International Airport (DXB)

35 mins Al Maktoum Airport (DWC)

Sky Hills Residence 3 — About the project

Sky Hills Residence 3 by HRE Development is the third phase of the eponymous project. It offers 499 luxurious units, including studios and 1-, 2-, and 3-bedroom apartments ranging from 370 sq. ft. (34 m²). Prices start at AED 703,129. Each unit comes with modern turnkey finishes, full furnishing, Bosch appliances, and HLD home automation systems. Sky Hills Residence 3 offers not only luxurious apartments but also a wide range of amenities, including a gym, tennis and basketball courts, swimming pools, a children’s playground, a fitness center, and a multifunctional lobby. The complex is located in one of Dubai’s most sought-after rental areas, Jumeirah Village Circle (JVC), near major highways, providing convenient access to Downtown Dubai, Dubai Marina, major malls, schools, and universities. As of November 21, 2024, all 3-bedroom apartments are sold out.

  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3
  • Sky Hills Residence 3

        • Sky Hills Residence 3 — Floor Plans

        Studios Number of bedrooms
        Apartments Number of bedrooms

        Studio

        703,129 AED

        Studio
          Bathrooms 1 Total area 370 sqft

          1 bedroom apartment

          1,007,119 AED

          1 bedroom apartment
            Bathrooms 2 Total area 681 sqft

            2 bedroom apartment

            1,904,745 AED

            2 bedroom apartment
              Bathrooms 2 Total area 1052 sqft

              Sky Hills Residence 3 — Payment Plan

              • 10% 01

                Down payment

              • 30% 02

                During construction

              • 20% 03

                On handover in Q2 2027

              • 40% 04

                Post-handover until Q2 2029

              Buy property at the developer prices

              0%

              our commission

              Amenities

              • Swimming pools
              • Tennis court
              • Gym
              • Fitness center
              • Children’s playground
              • Sports court
              • Jogging track
              • Multifunctional lobby
              • Sauna

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              FAQs

              Prices vary depending on the property type. Studios range from AED 703,129 to AED 796,051. One-bedroom apartments are priced from AED 1,007,119 to AED 1,583,617. Two-bedroom apartments are available from AED 1,904,745 to AED 2,011,247. All three-bedroom apartments are sold out.

              Studio sizes range from 370 to 492 sq. ft. (34–45 m²). One-bedroom apartments range from 681 to 1,093 sq. ft. (63–101 m²). Two-bedroom apartments range from 1,052 to 1,155 sq. ft. (98–107 m²).

              It takes 25 minutes by car to Dubai International Airport (DXB) and 35 minutes to Al Maktoum International Airport (DWC).

              Sky Hills Residence 3 consists of 499 apartments.

              The project is scheduled for completion in Q2 2027.

              The payment plan includes an initial payment of 10%, 30% during construction, 20% on handover in Q2 2027, and the remaining 40% payable over two years post-handover until Q2 2029.

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