Cheap apartments and flats in the Dubai Hills Estate
Dubai Hills Estate is a brand new community that is part of Mohammed bin Rashid City which is another larger construction project. This district is attractive for both investment and residence as there is dense greenery, several parks, high-quality development, and the club format of the area. The houses here are the joint project of 2major developers — EMAAR Properties and Meraas Holding who have proved to be the best.
People choose this part of the emirate to investin and save money. The area is being actively built, giving investors the opportunity to buy cheap apartments in Dubai Hills Estate to resell or rent in the future. This community belongs to the freehold category which is primarily important for foreign investors. By buying an investment apartment in Dubai Hills Estate, you become its owner and can:
- rent it out;
- resell it at any time;
- give it as a present;
- leave it to your heirs.
Dubai Hills Estate is designed such that the residential sectors will be combined with public areas including a park, world-class golf course, shopping and entertainment complex, several hotels, and a promenade with cafes and restaurants. There will be different sports facilities including for active recreation in the fresh air.
Dubai Hills Estate is not the cheapest property for sale in Dubai. According to Bayut, Dubai Hills Estate tops the ratings in the emirate for the rental of luxury mansions. There are plenty of luxurious flats and multi-room townhouses. However, if you want to and search carefully, you can find and buy a cheap apartment in Dubai Hills Estate.
If you are looking for affordable real estate in this area, you need to know the prices of 1-bedroom flats. They can be rented for AED 50,000per year. You can buy such an apartment from AED 650,000to AED 1,500,000. You can also find an inexpensive 2-bedroom flat in Dubai Hills Estate. Prices for these start from AED 850,000.
Investing in an apartment in Dubai Hills Estate is attractive because of its high profitability. By buying a house here, you are guaranteed to get a quick payback. For example, the yield coefficient exceeds 5.2%for 1-room flats.
Dubai Hills Estate is divided into residential complexes which differ in the type of housing there it offers. The Park Heights residential complex has the cheapest flats in Dubai Hills Estate. You can find1-bedroom apartments at attractive prices here.
Maple, Golf Place, and Fairway Views are not suitable residential complexes if you are looking for cheap flats for sale in Dubai Hills Estate. There are only large mansions and townhouses.
Buy cheap flat in Dubai Hills Estate, UAE
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