Prive Residence in Dubai Hills - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Prive Residence
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
67
21,781
1,458,333
Rents in Prive Residence
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
67
1,435
96,400
The cap rate (rental yield) of investments into Prive Residence project is 7.4% on average.
The price of an apartment in Prive Residence is 21,781 AED/sqm on average.
Price for completed 1 bedroom apartment in Prive Residence is 1,458,333 AED or 21,781 AED/sqm.
Rent in Prive Residence is 21,781 AED/sqm/year on average for long term rent of an apartment.
Rent for 1 bedroom apartment in Prive Residence is 96,400 AED or 1,435 AED/sqm.
About Prive Residence
'Prive Residence' in 'Dubai Hills' area project description
Prive Residence is a prestigious residential project located in the highly sought-after Dubai Hills Estate, one of Dubai's most prominent and rapidly growing communities. This upscale development offers a blend of luxury, comfort, and unparalleled convenience, making it an ideal choice for both investors and homebuyers.
The Prive Residence project is characterized by its modern architectural design that seamlessly integrates with the lush, green surroundings of Dubai Hills Estate. The residences feature contemporary, sleek lines and elegant finishes that reflect a commitment to quality and attention to detail. The development includes an array of residential units, ranging from stylish one-bedroom apartments to expansive three-bedroom family homes, catering to a diverse demographic.
One of the standout features of Prive Residence is its strategic location within Dubai Hills Estate. Residents benefit from easy access to key areas such as Downtown Dubai, Dubai Marina, and Dubai International Airport, all of which are just a short drive away. The community is also well-connected via an extensive network of roads and public transportation options, ensuring that commuting is convenient and hassle-free.
Dubai Hills Estate is renowned for its lush landscaping and world-class amenities, and Prive Residence residents have full access to these exceptional features. The community boasts an 18-hole championship golf course, lush parks, and open spaces that provide a serene environment for outdoor activities and leisure. The Dubai Hills Mall, which offers an array of shopping, dining, and entertainment options, is also just a stone’s throw away. Additionally, top-tier educational institutions and healthcare facilities are located within the vicinity, making it a highly desirable community for families.
The Prive Residence project places a strong emphasis on providing a luxurious and comfortable lifestyle. The interiors of the residences are thoughtfully designed, featuring high-end fixtures and fittings, spacious living areas, and floor-to-ceiling windows that allow for ample natural light and stunning views of the surrounding landscape. Residents can also enjoy an array of exclusive amenities, including temperature-controlled swimming pools, state-of-the-art fitness centers, children's play areas, and dedicated barbecue areas.
Security and privacy are paramount at Prive Residence, with 24/7 security personnel and advanced surveillance systems ensuring peace of mind for all residents. The development also offers ample parking spaces and professional property management services, enhancing the overall living experience.
In summary, Prive Residence epitomizes modern urban living within the serene and meticulously planned enclave of Dubai Hills Estate. Its strategic location, luxurious amenities, and high-quality construction make it a standout option for those seeking a premium lifestyle in one of Dubai's most coveted communities.
Q&A on Prive Residence
What are the advantages of 'Prive Residence' project in Dubai for property buyers? What are the disadvantages?
Advantages of 'Prive Residence' in Dubai Hills:
1. Prime Location: Located in Dubai Hills, one of Dubai’s most prestigious and sought-after communities, offering easy access to key areas like Downtown Dubai, Business Bay, and Dubai Marina.
2. Amenities: Features state-of-the-art amenities including swimming pools, fitness centers, landscaped gardens, and children's play areas.
3. Golf Course Views: Many units provide breathtaking views of the Dubai Hills Golf Course, enhancing the luxury living experience.
4. Community Living: Part of a well-planned, family-friendly community with parks, schools, healthcare facilities, retail outlets, and dining options within close proximity.
5. High ROI: Dubai Hills is known for its high capital appreciation and rental yields, making it a lucrative investment opportunity.
6. Quality Construction: Developed by a reputable developer, ensuring high-quality construction and premium finishes.
7. Connectivity: Excellent connectivity to major highways like Sheikh Zayed Road and Al Khail Road, facilitating easy travel throughout the city.
8. Green Spaces: Abundant green spaces and landscaped parks promote a healthy lifestyle and offer peaceful surroundings.
Disadvantages of 'Prive Residence':
1. Price Point: Being a high-end development, the property prices might be on the higher side compared to other areas in Dubai, which could be a barrier for some buyers.
2. Construction Phase: If the project is still under construction, potential buyers may have to wait for completion, leading to inconvenience.
3. Community Development: As Dubai Hills is a relatively new community, it might take some time for all the amenities and facilities to be fully operational.
4. Traffic: During peak hours, there may be traffic congestion on major connecting roads like Al Khail Road and Sheikh Zayed Road.
5. Ongoing Development: The area might have ongoing construction activities, which can result in noise and pollution until the neighborhood fully matures.
6. HOA Fees: Maintenance and service charges in premium communities can be high, adding to the overall cost of property ownership.
What projects are better than 'Prive Residence' project in Dubai which are located close by, and why?
Dubai Hills is one of the most sought-after residential communities in the city, offering a balance of lush green landscapes, luxurious amenities, and proximity to various lifestyle conveniences. If you're looking for projects that are considered better than the Prive Residence in Dubai Hills, several developments come to mind due to their superior features, amenities, or developer reputation. Here are a few:
1. Maple at Dubai Hills Estate Developer: Emaar Properties
Why It's Better: - Community Feel: Maple offers a family-friendly atmosphere with townhouses that encourage community living. - Amenities: It provides a range of amenities, including swimming pools, playgrounds, and parks, tailored for families. - Design and Layout: Modern and practical designs focused on functionality and aesthetics.
2. Sidra Villas Developer: Emaar Properties
Why It's Better: - Luxury Living: Sidra Villas offer standalone villas with high-end finishes and a more private living experience. - Spacious Layouts: The villas are larger and more spacious compared to apartments, ideal for families or those who prefer more room. - Top-notch Amenities: Residents enjoy access to exclusive amenities like a dedicated clubhouse, swimming pools, parks, and extensive green spaces.
3. Golf Place Developer: Emaar Properties
Why It's Better: - Golf Course Views: Direct views of the Dubai Hills Golf Club, elevating the luxury experience. - Exclusivity: Positioned as a premium, low-density development offering more privacy and exclusivity. - Villa Options: Range of luxurious, spacious villas tailored for affluent buyers seeking the ultimate in comfort and style.
4. Park Heights Developer: Emaar Properties
Why It's Better: - Apartment Living with Style: Offers high-rise living with stunning views of the park and skyline. - Accessibility: Proximity to Dubai Hills Mall, King’s College Hospital, and schools makes it ideal for families and professionals. - Modern Amenities: Includes swimming pools, fitness centers, and landscaped gardens.
5. Collective Developer: Emaar Properties
Why It's Better: - Co-living Concept: Targeted at millennials and young professionals, fostering a sense of community with shared spaces. - Affordability: Generally more affordable compared to other high-end projects, without compromising on essential amenities. - Social Spaces: Emphasis on social and co-working spaces, ideal for networking and building connections.
6. Mulberry at Park Heights Developer: Emaar Properties
Why It's Better: - High-End Apartments: Designed for luxurious living with expansive layouts and high-quality finishes. - Green Living: Located close to the central park, providing an abundance of outdoor space and nature. - Sophisticated Amenities: Access to swimming pools, fitness facilities, and retail outlets within walking distance.
Reasons for Superiority - Developer Reputation: Emaar Properties is a highly reputable developer known for quality and timely delivery. - Nearby Amenities: Proximity to the Dubai Hills Mall, schools, hospitals, and recreational facilities. - Variety of Options: These projects offer a range of living options from apartments to townhouses and villas, catering to diverse needs and budgets. - Quality of Life: Emphasis on community living, outdoor spaces, and lifestyle amenities enhances the overall living experience.
When considering which project is better, personal preferences, budget, and specific lifestyle needs will play a crucial role. Each of these developments offers something unique, ensuring there's an option to suit nearly every taste and requirement.
What are the closest schools to 'Prive Residence' project in Dubai?
- GEMS New Millennium School: Located in Al Khail Road, Al Quoz 4, Dubai, GEMS New Millennium School offers education based on the CBSE curriculum.
- GEMS International School: Situated in Al Khail Road, Dubai Hills Estate, this school follows the International Baccalaureate (IB) curriculum.
- King's School Dubai: Located in Umm Suqeim, it offers a British curriculum from the Foundation Stage to Year 13.
- Repton School Dubai: Situated in Nad Al Sheba 3, this school provides a British curriculum with boarding facilities.
- North London Collegiate School Dubai (NLCS): Located in Meydan, it offers the International Baccalaureate curriculum and is known for its strong academic ethos.
- Clarion School: Found in Al Quoz, it offers an American curriculum focusing on student-centered learning approaches.
- Dubai Hills Estate School: This upcoming institution is expected to be located within the Dubai Hills Estate itself and promises modern facilities and a comprehensive curriculum.
These schools provide a range of educational curricula catering to diverse student needs and preferences.
What are the closest medical clinics to 'Prive Residence' project in Dubai?
- King's College Hospital London Dubai Hills Clinic: King's College Hospital is one of the nearest medical facilities to the Prive Residence project, located within Dubai Hills Estate itself.
- Mediclinic Parkview Hospital: Situated on Umm Suqeim Street, this hospital is very accessible from the Dubai Hills area.
- Al Zahra Hospital Dubai: Located on Sheikh Zayed Road, close to the Dubai Internet City Metro Station, providing comprehensive medical services.
- Emirates Hospital Clinics in Motor City: This is a bit further away compared to others but still relatively close to Dubai Hills.
- American Hospital Dubai: Located on Oud Metha Road, American Hospital offers a range of medical services and specialized care.