In Pictures: A peek into Dubai’s other Dh100m+ villa destination - Dubai Hills

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In Pictures: A peek into Dubai’s other Dh100m+ villa destination - Dubai Hills

Super-rich investors have bought plots for mansions and will be spending on Dh100m homes

Published: August 26, 2021 13:30 Manoj Nair, Business Editor and Nivetha Dayanand, Web Editor

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Stock – Dubai Hills — An emerging location in Dubai where property values have risen by 20 per cent in the last 12 months? That too amidst all the distractions and disruptions the property market has been put through because of the pandemic? Image Credit: Supplied

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Stock-Dubai-Hills-(Saad-Hussein)-1 — “Contractors are seen regularly at sites in Dubai Hills, while several areas are complete,” said Saad Hussain of Audax Steel, a fitout and interiors company. “A number of custom-built villas are near completion or in the stages of final approvals from Emaar and Dubai Development Authority.” Image Credit: Supplied

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Stock-Dubai-Hills-(Saad-Hussein)-11 — Now, everything is slotting into place, not least being the 2.82 million square feet mall, which Emaar recently confirmed should be ready in the first-half of 2022. The mall opening should be the driving force behind another burst of buying and selling activity on the residential side at Dubai Hills. . Image Credit: Supplied

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Stock-Dubai-Hills-(Saad-Hussein)-18 — More homes will be delivered at Dubai Hills in the next few months cutting across price ranges, and interested buyers will do well to keep track on any price changes. In other words, they should, ideally, not be delaying any decisions. With a 20 per cent increase in values, this is one spot where decisions need to be made quick. Image Credit: Supplied

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Stock-Dubai-Hills-(Saad-Hussein)-12 — On its website, Emaar has the entry level price for a Dubai Hills home at Dh788,888. Going by the current hot streak, this time next year those prices could be wearing quite a different look. A few Dh100 million deals will also leave their imprint on the Hills. Image Credit: Supplied

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