Palace Residences Dubai Hills Estate Property Development By Emaar Properties
Last Updated on: 15th November 2024, 08:27 am
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The Palace Residences Dubai Hills Estate, developed by Emaar Properties, redefines luxury living in the heart of Dubai. Encompassing a collection of luxury apartments in Dubai and townhouses, this prestigious development promises an exceptional lifestyle for its residents. With prices starting at AED 1,760,000 for apartments and AED 6,260,000 for townhouses, it positions itself as a potent option for buyers in the competitive Dubai real estate market. The architectural brilliance and contemporary design combined with natural materials create an unparalleled living experience that transforms the essence of home. Those looking at property investment in Dubai will find that the spacious, well-appointed units, ranging from 1 to 3 bedrooms, are designed to cater to discerning tastes, making it a lucrative option for both domestic and international investors.
Strategically located between Downtown Dubai and Dubai Marina, this development not only offers aesthetic appeal but also convenience and functional benefits such as proximity to the future metro line, enhancing accessibility to key city locations, with Downtown Dubai just 12 minutes away1. Emaar Properties has ensured that prospective buyers can enjoy not only a beautiful home but also a range of amenities including an infinity pool, kids’ play area, fitness center, and 24/7 security1.Explore more about this attractive investment, and dive into the details regarding the exceptional living standards offered.
Key Takeaways
- Palace Residences features luxury apartments and townhouses designed to offer a sophisticated lifestyle.
- Emaar Properties presents a strong investment opportunity with excellent rental yields and capital appreciation potential.
- Conveniently located near essential amenities and attractions, ensuring a vibrant community atmosphere.
- The development provides various payment plans to fit buyer needs and financial strategies.
- Expect property resale profits of 10% to 20% post-completion, adding to the investment allure.
Overview of Palace Residences Dubai Hills Estate
Palace Residences in Dubai Hills Estate, developed by Emaar Properties, represents a fusion of luxury and modernity in the vibrant Dubai real estate market. This prestigious project comprises 1-, 2-, and 3-bedroom apartments, along with 3-bedroom townhouses, aimed at discerning residents seeking an upscale lifestyle. Starting prices begin at 1.76 million AED, appealing to various property investors (source: source)2.
Introduction to Emaar Properties
Emaar Properties is recognized for pushing the boundaries of luxury living through innovative and high-quality developments across the UAE. Renowned projects such as the Burj Khalifa and Dubai Mall underscore Emaar’s commitment to redefining modern living in the Dubai real estate market.
Concept and Design of the Development
The concept behind Palace Residences integrates contemporary elegance with the signature style of Palace Hotels and Resorts. Amidst the lush landscapes of Dubai Hills Estate, the development offers stunning skyline views and aims to redefine upscale living. The amenity-rich environment includes features such as an infinity pool, children’s play area, fitness center, and landscaped podium deck, all designed for premium comfort and lifestyle2.
Target Market and Investment Potential
Targeting both local and international buyers, Palace Residences holds significant appeal for those interested in property investment in Dubai. The project includes properties sized from 738 to 1,959 square feet for apartments and 2,294 to 2,303 square feet for townhouses. With a reasonable down payment of 10% and an 80/20 payment plan, it presents an attractive option for investors3. Additionally, its strategic location, positioned between Downtown Dubai and Dubai Marina, enhances the investment potential, making it a stronghold for growth in the thriving Dubai real estate market23.
Exceptional Location and Connectivity
The Palace Residences Dubai Hills Estate is perfectly positioned to offer residents both luxury and unmatched convenience. Its strategic location places it between Downtown Dubai and Dubai Marina, facilitating easy commuting through the Al Khail Road. This prime positioning provides a gateway to vibrant urban experiences while maintaining a serene residential atmosphere.
Strategic Position in Dubai
Residents at the Palace Residences benefit from a well-connected network that places major business hubs and leisure areas within easy reach. The availability of 1, 2, and 3-bedroom luxury apartments in Dubai makes it a prime choice for families and investors seeking property investment in Dubai. The essential drive times include reaching Dubai International Airport in just 25 minutes and accessing Dubai Hills Mall within a 5-minute drive, ensuring seamless travel to key destinations45.
Access to Major Attractions and Transportation
The development ensures residents enjoy immediate access to numerous attractions, thanks to well-planned transport links. Residents can effortlessly reach iconic spots such as the Mall of the Emirates and Dubai Marina, both within a 12-minute drive. The proximity to vital facilities like healthcare centers, schools, and retail outlets enhances the appeal of these luxury apartments45.
Proximity to Dubai Hills Mall and Parks
Another advantage of living in Palace Residences is its closeness to the sprawling Dubai Hills Park, which spans an impressive 180,000 square meters. This prominent green space complements the lifestyle offered at the Palace Residences, ideal for outdoor activities and community events. Furthermore, the development is designed to overlook an 18-hole championship golf course, enhancing the scenic beauty and value of property investment in Dubai4.
Palace Residences Dubai Hills Estate Amenities
Palace Residences Dubai Hills Estate stands as a hallmark of refined living, showcasing a blend of luxurious features and top-notch community facilities. This Emaar Properties development is designed to enhance the lifestyle of its residents through a myriad of amenities.
Luxury Living Features
Residents can indulge in unparalleled luxury through various facilities. The Palace Residences amenities include:
- Infinity swimming pools
- State-of-the-art fitness centers
- Children’s play areas
- Landscaped podium decks
- 24-hour security services
- Covered parking spaces
With a keen focus on comfort and wellbeing, these features create an inviting atmosphere for families and individuals alike. Units offer spacious designs, with price points starting from AED 1.76 million for one-bedroom apartments, stretching up to AED 3.58 million for three-bedroom options, catering to a variety of lifestyle needs67.
Community Facilities and Lifestyle Opportunities
The amenities extend beyond personal fitness and well-being to foster a vibrant community. Residents benefit from:
- Community parks
- Dining outlets and cafes
- Sports facilities
- Outdoor spaces
Such offerings allow for an active lifestyle, encouraging social gatherings and family activities. This Emaar Properties development is strategically located, allowing quick access to key destinations. Travel times include just 15 minutes to Downtown Dubai or Dubai Marina, making it an excellent choice for professionals seeking balance in their lives67.
Details on Floor Plans
The Palace Residences floor plans showcase a selection of thoughtfully designed options, ranging from one to three-bedroom units, with sizes spanning from 738 Sq.Ft to 2,303 Sq.Ft. All units are crafted with elegance, ensuring functionality and comfort. A 10% downpayment is required to secure a unit, with the attractive 80/20 payment plan enhancing accessibility for potential buyers67.
Conclusion
The Palace Residences Dubai Hills Estate stands out as an exceptional opportunity in one of Dubai’s most prestigious communities. With an impressive range of luxury apartments supported by Emaar Properties’ renowned commitment to quality, this development offers a unique proposition for property investment in Dubai, particularly given its strategic location and high-end amenities89. The varied floor plans cater to diverse lifestyle needs, ensuring that both residents and investors alike recognize the considerable potential for high returns and elevated living experiences in this vibrant community.
Moreover, the competitive price per square foot, combined with the allure of branded residences, continues to reshape the real estate landscape in Dubai Hills Estate, drawing the attention of affluent individuals seeking luxury8. The development not only boasts superior designs and top-tier community facilities but also positions itself as a prime choice for those looking to invest in Dubai’s burgeoning property market.
Ultimately, the Palace Residences encapsulate the essence of modern living, seamlessly merging luxury and convenience, making it an attractive option for buyers eyeing the Dubai real estate scene. For those keen on exploring opportunities within this dynamic neighborhood, investing in the Palace Residences Dubai Hills Estate is an astute decision that aligns with future market trends and community evolution Learn more about this investment opportunity.
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Source Links
- https://dxboffplan.com/properties/palace-residences-dubai-hills-estate/
- https://properties.emaar.com/en/properties/palace-residences-at-dubai-hills-estate/
- https://www.tanamiproperties.com/Projects/Palace-Residences-at-Dubai-Hills-Estate
- https://topluxuryproperty.com/ae/dubai-projects/emaar-palace-residences-at-dubai-hills-estate/
- https://aeontrisl.com/emaar-palace-residences-at-dubai-hills-estate-dhe/
- https://www.binayah.com/dubai-projects/palace-residences-by-emaar/
- https://haus51.com/palace-residences-at-dubai-hills-estate
- https://famproperties.com/blog/branded-residences-impact-in-dubai-hills-the-future-of-luxury-living
- https://edenshomes.com/top-off-plan-projects-in-dubai-hills-your-guide-to-the-best-investments/