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Emaar Properties has set a new standard for luxury living with the launch of Palace Residences in Dubai Hills Estate. This first-of-its-kind 5-star branded complex, developed in collaboration with the renowned Palace Hotels & Resorts, promises an exquisite living experience with its range of meticulously crafted apartments and townhouses.
Unmatched Elegance and Luxury
Starting at AED 1.76M, Palace Residences offers an array of 1-3 bedroom apartments, 3-bedroom townhouses, and exclusive half and full floors. These residences, inspired by the opulence of Palace Hotels & Resorts’ oriental modernism, feature interiors that seamlessly integrate with the breathtaking vistas of Dubai Hills Park. Each unit is equipped with state-of-the-art amenities, including a fully-equipped kitchen, laundry room, and one or more balconies, with 3-bedroom units boasting a maid’s room and ensuite bathroom.
Strategic Location and Unrivaled Connectivity
Located in the heart of Dubai Hills Estate, Palace Residences benefits from direct access to Al Khail Road, ensuring that residents can reach key areas like Business Bay, Dubai Marina, and Dubai International Airport within 25 minutes. This strategic location offers unparalleled convenience for both business and leisure activities.
Luxurious Amenities and Lifestyle
Residents of Palace Residences will have access to a plethora of world-class amenities spread across a massive 190,000+ sq. ft podium. The complex features over 20 leisure facilities, including a sensory garden, outdoor fitness stations, yoga area, multipurpose room, BBQ area, playgrounds, a 164-ft lap pool, table tennis, gym, landscaped lawns, padel court, half-court basketball, outdoor seating areas, gazebos, and lounges.
Moreover, the proximity to Dubai Hills Park, the longest community park in the emirate, and the Dubai Hills Golf Club, enhances the living experience with serene green spaces and premium recreational options. The nearby Dubai Hills Mall, home to the world’s fastest vertical roller coaster, provides an array of shopping and dining choices, adding to the vibrant lifestyle.
Investment Potential
With an easy 80/20 payment plan and a 10% booking fee, Palace Residences is not just a luxurious place to live but also a lucrative investment. The final 20% payment is due upon handover in Q2 2028, making it a flexible financial option. According to Emaar, the average capital appreciation for branded properties like Palace Residences could reach upwards of 50%, with a strong rental market promising an ROI of 7-9%. The average rental price for a branded 1-bedroom unit in Dubai Hills Estate is AED 168K (USD 46K), highlighting the potential for stable income.
Ideal for Families
Palace Residences is designed with families in mind, offering play areas and swimming pools for children. Additionally, the proximity to top schools such as GEMS International School, GEMS New Millennium School, and GEMS Wellington Academy, Al Khail ensures that educational needs are conveniently met.
In summary, Palace Residences by Emaar Properties is set to redefine luxury living in Dubai Hills Estate. With its prime location, exquisite design, comprehensive amenities, and strong investment potential, it stands as a beacon of contemporary opulence and smart investment in Dubai’s dynamic real estate market.