Sidra Villas is an enclave within Dubai Hills Estates which will contain independent 3, 4 & 5 bedroom villas for sale on a 5 year payment-plan (completion in 3 years). It is the sixth major community to be launched within Dubai Hills. This is the last phase of Sidra to be launched. The first phase was launched on Feb 18th, 2016 and all units in the first phase have been sold out.
Dubai Hills is a master-development by Emaar & Meraas. Dubai Hills is an updated / modern version of Emaar's Emirates Hills project which has communities such as Meadows, Lakes, Springs, Greens and The Views. Dubai Hills is located within Mohammad bin Rashid City and is accessible from Al Khail Road and Umm Suqueim Road.
The below map shows the current projects launched in Dubai Hills as of October 2016 and shows the location of the Sidra phases.
Important Points in regards to purchasing
- Phase 1 launched in Feb 28th and was sold out. Phase 2 was launched in early March 2016 and was sold out. Additional unit releases took place in April and October 2016.
- Unit resales will not be allowed until 40% of the purchase price is paid.
- Price points are between AED 1,100 - 1,200 per sq. ft.
Why Buy a Sidra Villa?
-If you are looking to buy townhouses or apartments in Dubai, you have plenty of choice. But the off-plan independent-villa market catering to the high-end is extremely limited. Current off-plan villa supply is either ultra luxury (District One, Sobha Hartland), or not overly attractively priced (a good example is Arabian Ranches Phase II), or not in prime locations (Villa Nova, Dubailand).
- Sidra has the location (just a few minutes away from Mall of Emirates).
- It has the community (Dubai Hills Estate master-community is going to be the modern Emirates Living).
- Sidra also has price and payment-plan advantages.
Launch Prices for Phase 1 (First launch February 2016)
On Thursday, Feb 18th 2016, Emaar released the first units for sale with the following price points:
3 Bedroom Villas (Type 1) for AED 3.3 - 3.4 million
4 Bedroom Villas (Type 2) for AED 3.6 - 3.8 million
4 Bedroom Villas (Type 3) for AED 3.9 - 4.1 million
5 Bedroom Villas (Type 4 & 5) for AED 4.6 - 5.0 million
As of October 2016, prices for newer releases have increased an average of AED 100 - 200,000 per property type. We can expect the same for Sidra villas phase 3
The community will consist of five types of independent villas. You can view the floor-plans of each property type by clicking the Downloads tab in this section.
Type 1: 3 Bedroom villa with a built up area of 3,100 sq. ft.
Type 2: 4 Bedroom villa with a built up area of 3,533 sq. ft.
Type 3: 5 Bedroom villa with a built up area of 4,109 sq. ft.
For the first time, Emaar is introducing a post-completion payment-plan (40% of the purchase is payable over 2 years following the handover):
|Percentage ||Milestone |
|10% ||At the time of booking |
|40% ||During construction period |
|10% ||On Completion |
|10% ||6 months post-completion |
|10% ||12 months post-completion |
|10% ||18 months post-completion |
|10% ||24 months post-completion |
Project Completion Status (as per DLD): 51% (as of Oct 5, 2017)
Dubai Land Classification & Escrow Account Details:
Project: Sidra 3
Land Number: 2055
Project Number: 1931
Real Estate Developer: DUBAI HILLS ESTATE
Trust Account Number: 00110991210017
Account Trustee Name: NOOR BANK PJSC
RERA Permit No : 15128
Brokerage Firm: Taktical Realty Group LLC