Park Point - Dubai Hills Estate - Mohammad bin Rashid City  

Park Point is a brand new mid-rise apartment development by Emaar Properties within the Dubai Hills Estate master-development. The project will launched in October of 2016 and will consist of 1, 2 and 3 bedroom apartments. Sales for the project are underway.

Master Community: Dubai Hills Estate
Property Types Available: Apartments
Location: Al Khail Road, Umm Suqeim Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: October 2019
Developer: Emaar
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Launch Stage

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Park Point

Investment Score

Value for Money
85%
Project Uniqueness
80%
Location & Connectivity
85%
Rental Yield Expectation
70%
Capital Growth Expectation
65%
More information on investment scores

Total Score

Synopsis

Sale Status: Launching soon

Payment Plan: Somewhat investor friendly

Ideal for: End-Users & Investors

Price Range: AED 1,200 PSF - AED 1,400 PSF

Unit Types Available: 1 Bedroom Apartment, 2 Bedroom Apartment, 3 Bedroom Apartment

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What Our Experts Think

Beautiful architecture; fantastic location within a golf-course master-development by Emaar - Park Point is a very attractive proposition for investors.

1 Bedroom apartments are for between AED 910,000 - 980,000

2 Bedroom apartments are for between AED 1,200,000 - 1,450,000

Completion in 2019; 3 year payment-plan with 40% payable on handover.

These are extremely attractive entry price points and investors should expect a strong rental yield and an above average chance of decent capital growth.

Park Point sales underway. 1 Beds from AED 950,000. 2 Beds from AED 1.35 million

Incredibly well priced, high-end Emaar development. 40% on completion. Call +971-50-7086765 to learn more.

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About Park Point

Park Point is a brand new mid-rise apartment development by Emaar Properties within the Dubai Hills Estate master-development. The project will launch in October of 2016 and will likely feature 1, 2 and 3 bedroom apartments.

The below map shows the current projects launched in Dubai Hills as of October 2016 and shows the location of the Maple phases.

Apartment Types

1 Bedroom Apartment range: 635 - 952 Sq. Ft.

2 Bedroom Apartment range: 935 - 1,768 Sq. Ft.

3 Bedroom Apartment range: 1,244 - 2,260 Sq. Ft.

Duplex Apartment range: 2,270 Sq. Ft.

Payment Plan

10% Down-payment

10% payable in Feb 2017

10% payable in July 2017

10% payable in Dec 2017

10% payable in April 2018

10% payable in Aug 2018

10% payable in Feb 2019

40% payable on completion

Project Completion Status (as per DLD): 0% (as of May 22, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 553

Project Number: 1812

Real Estate Developer: DUBAI HILLS ESTATE

Trust Account Number: 0204806436114

Account Trustee Name: EMIRATES NBD BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

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