Jebel Ali Hills is a project by Meraas located near Palm Jebel Ali, Jebel Ali Downtown and Veneto.
- This master-planned community has over 2,000 plots spread over 9 to 11 phases. Though not highly publicized, this project was launched by Meraas in July 2014 and was initially sold only to GCC Nationals. The developer is now selling to all clients on a first come, first serve basis. The units were sold on a 15 month payment plan.
- As of Q2 2015, Lookup.ae understands that the entire project has been sold out. Secondary market transactions are possible as per regular guidelines (property must be paid upto payment-plan, Oqood and SPA must be in place).
Plot sizes in Jebel Ali Hills ranges from 10 - 16,000 sq. ft. These were launched at prices of AED 115 - 120 per sq. ft. and gradually increased over the sales period.
- As of Q3 2015, almost all the plots are between 70 - 90% paid.
Construction on the plots cannot commence as yet. The developer is expected to handover the plots in Q3 or Q4 of 2016 at which time owners can then begin the process of designing and building their own home.
- As of Q4 2016, all plots are 100% paid so in order to purchase these plots you would have pay 100% of the price upfront. Construction approvals are starting to be issued by the developer.