Park Field in Dubai Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Park Field

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	60	27,431	1,650,000
2	95	26,967	2,558,333

Sales prices for completed properties in Park Field

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	60	29,186	1,750,000
2	95	27,333	2,597,000
3	127	29,488	3,737,500

Rents in Park Field

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	62	1,937	119,364
2	111	1,719	190,300
3	126	2,302	290,000

The cap rate (rental yield) of investments into Park Field project is 6.6% on average.

The price of an apartment in Park Field is 27,608 AED/sqm on average.

The long term rent of an apartment in Park Field is 1,835 AED/sqm/year on average.

Price for off-plan 1 bedroom apartment in Park Field is 1,650,000 AED or 27,431 AED/sqm.
Price for off-plan 2 bedroom apartment in Park Field is 2,558,333 AED or 26,967 AED/sqm.

Price for completed 1 bedroom apartment in Park Field is 1,750,000 AED or 29,186 AED/sqm.
Price for completed 2 bedroom apartment in Park Field is 2,597,000 AED or 27,333 AED/sqm.
Price for completed 3 bedroom apartment in Park Field is 3,737,500 AED or 29,488 AED/sqm.

Rent for 1 bedroom apartment in Park Field is 119,364 AED or 1,937 AED/sqm.
Rent for 2 bedroom apartment in Park Field is 190,300 AED or 1,719 AED/sqm.
Rent for 3 bedroom apartment in Park Field is 290,000 AED or 2,302 AED/sqm.

About Park Field

'Park Field' in 'Dubai Hills' area project description

Park Field is a prominent residential development nestled within the attractive locale of Dubai Hills Estate, offering contemporary urban living amid lush greenery and ample recreational facilities. Part of the expansive master-planned community by Emaar Properties, this project stands out for its harmonious blend of modern architecture and natural beauty, ensuring a balance between sophisticated urban amenities and serene suburban tranquility.

Dubai Hills Estate is celebrated for its commitment to creating a healthy and sustainable living environment, and Park Field is no exception. The project comprises beautifully designed mid-rise apartment buildings, presenting residents with a selection of one to three-bedroom units. These residences feature sleek, modern interiors with high-quality finishes and fixtures, including large windows that allow for abundant natural light and capture stunning views of the surrounding landscape and Dubai skyline.

One of the defining highlights of Park Field is its extensive range of world-class amenities, catering to the diverse needs of its residents. The development includes meticulously landscaped gardens, jogging tracks, and a well-equipped fitness center, promoting a healthy, active lifestyle. Additionally, residents can enjoy access to swimming pools, children’s play areas, and sports facilities such as tennis and basketball courts, ensuring there is no shortage of recreational options.

Further enhancing the community feel, Park Field is located within close proximity to the vibrant Dubai Hills Mall, which offers a myriad of shopping, dining, and entertainment options. The mall is designed to provide a comprehensive retail experience, ranging from high-end fashion boutiques to family-friendly restaurants and cafes. In addition to the mall, Park Field residents also benefit from easy access to schools, healthcare facilities, and other essential services, making it an ideal abode for families and professionals alike.

Accessibility is a strong suit of the Dubai Hills area, with its strategic location providing swift connectivity to the rest of Dubai. Major road networks, including Al Khail Road and Sheikh Mohammed Bin Zayed Road, facilitate easy commutes to key destinations such as Downtown Dubai, Dubai Marina, and Dubai International Airport. Furthermore, the integrated public transport options enhance the overall connectivity, making Park Field a well-connected hub.

The essence of Park Field lies in its ability to offer an upscale yet comfortable lifestyle within a serene setting. With its elegant residences, extensive amenities, and strategic location, Park Field at Dubai Hills Estate epitomizes modern living while fostering a vibrant community atmosphere, making it a sought-after destination for those looking to experience the best of Dubai.

Q&A on Park Field

What are the advantages of 'Park Field' project in Dubai for property buyers? What are the disadvantages?

Advantages:
1. Prime Location: Dubai Hills is a master-planned community strategically located with easy access to key areas like Downtown Dubai, Dubai Marina, and major highways.
2. Green Spaces: The project emphasizes lush landscaping, parks, and green spaces, offering a tranquil environment away from the city's hustle and bustle.
3. Amenities: Access to high-end amenities including shopping centers, schools, healthcare facilities, golf courses, and recreational areas adds significant value.
4. Modern Design: Contemporary architecture and high-quality construction standards appeal to both investors and residents looking for modern living spaces.
5. Investment Potential: Being a part of the burgeoning Dubai Hills community, properties here are likely to appreciate in value due to ongoing development and infrastructure improvements.
6. Community Lifestyle: The project promotes a community-centric lifestyle with facilities that encourage social interaction, family activities, and a sense of community.
7. Developer Reputation: Often developed by reputable companies, ensuring quality and timely delivery, which builds buyer confidence.

Disadvantages:
1. Price: Premium location and amenities may translate into higher property prices compared to other areas, which might be a barrier for budget-conscious buyers.
2. Construction Noise: Ongoing development in and around Dubai Hills may lead to temporary disturbances due to construction activities.
3. Traffic Congestion: As the area develops, increased traffic could become an issue, particularly during peak hours.
4. Limited Availability: Given its popularity, there might be limited availability which can make it competitive and difficult to secure preferred units.
5. Service Charges: High-end amenities and maintenance of green spaces could result in higher service charges for residents.
6. Market Volatility: Although Dubai's real estate market is booming, it is subject to economic fluctuations which can affect property values.
7. Distance to Public Transportation: Depending on the exact location, there might be limited immediate access to public transportation options.

What projects are better than 'Park Field' project in Dubai which are located close by, and why?

1. Golf Place
- Premium villas with direct access to an 18-hole championship golf course.
- Highend finishes and expansive layouts offering luxurious living spaces.
- Serene community with lush landscaping and world-class amenities.

2. Maple at Dubai Hills Estate
- Townhouses designed for families, with private gardens and ample communal spaces.
- Proximity to schools, parks, and the Dubai Hills Mall enhances convenience.
- Affordable luxury with a focus on community-centric living, ideal for families.

3. Sidra Villas
- Contemporary design with spacious interiors, catering to modern living.
- A family-friendly environment with parks, playgrounds, and fitness facilities.
- Close to Dubai Hills Park and Dubai Hills Mall, offering excellent leisure opportunities.

4. Club Villas
- Located near the Dubai Hills Golf Course, offering stunning golf course views.
- Contemporary villas with modern amenities and close-knit community vibe.
- Ideal for golf enthusiasts seeking luxury and exclusivity.

5. Hills Grove
- Ultra-luxury villas with large plots, offering maximum privacy and bespoke designs.
- Unobstructed views of the golf course and Dubai skyline.
- Exclusive community with top-notch security and tailored services for residents.

What are the closest schools to 'Park Field' project in Dubai?

- GEMS International School
Location: Al Khail Road, Dubai Hills Estate

- GEMS Wellington Academy
Location: Al Khail Road, Al Khail Road, Dubai Hills Estate

- King's School Al Barsha
Location: Um Sequim Street, Al Barsha South

- Nord Anglia International School Dubai
Location: Al Barsha 3

- Dubai Heights Academy
Location: Al Barsha South

- Safa Community School
Location: Sheikh Mohammed bin Zayed Road, Arjan, Al Barsha South 2

These schools are all within a short drive from the 'Park Field' project in Dubai Hills Estate, providing a range of educational curriculums and facilities for residents in the area.

What are the closest medical clinics to 'Park Field' project in Dubai?

- King's College Hospital London, Dubai Hills: Located within Dubai Hills Estate, accessible via Al Khail Road (E44).
- Mediclinic Parkview Hospital: Situated on Umm Suqeim Street, near the intersection with Sheikh Mohammed Bin Zayed Road (E311).
- Emirates Hospital Clinics, Motor City: Located in Detroit House, Motor City, accessible via Al Qudra Road.
- Aster Clinic, Al Barsha: Positioned in Al Barsha 1, near Mall of the Emirates, accessible via Sheikh Zayed Road (E11).
- Saudi German Hospital, Al Barsha: Located on Hessa Street, near the intersection with Sheikh Zayed Road.