Jebel Ali Hills  

Historical Price Change of Residential Plots in Jebel Ali Hills

These are the average Vital Stats for Jebel Ali Hills for 2017 Q1.
You can dig deeper and analyze data for individual properties in Jebel Ali Hills under Transaction Prices and Historical Data.

Large project offering Ground plus one residential plots in Jebel Ali. Plot sizes in Jebel Ali Hills ranges from 10 - 16,000 sq. ft. As of Q3 2016, considered to be the best priced (in terms of per sq. ft. price) residential plots in the city. This project is located close to the theme parks that are being built by Meraas. According to sources, the developer is starting to give construction permissions.

Property Types Available: Residential Plots
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2014
Estimated Completion Date: December 2016
Developer: Meraas
Title Type: Freehold
Life Cycle: Under Contruction
Total Residential Plots: 2,000

Investment Feasibility & Decision Drivers

Snapshot summary for investing in Jebel Ali Hills

Investment Score

Value for Money
80%
Project Uniqueness
80%
Location & Connectivity
50%
Rental Yield Expectation
50%
Capital Growth Expectation
75%
More information on investment scores

Total Score

Synopsis

Sale Status: Developer Sold out. Units available from secondary market.

Payment Plan: No Payment-Plan. Cash or Finance Buyers.

Ideal for: End-Users & Investors

Price Range: AED 145 PSF - AED 160 PSF

Unit Types Available: Residential Plot

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What Our Experts Think

Jebel Ali Hills offers some of the largest and most certain the best priced freehold residential plots in Dubai. This master-community is located to Dubai Parks (where the first theme parks are scheduled to commence operations through 2017.

An investor / end-user can purchase a plot for AED 145 - 160 per sq. ft. (AED 1.5 - 2.6 million) and build a large 5 - 7 bedroom villa with a built up area ranging from 7,000 - 11,000 sq.ft

Total approximate cost to build such a villa (including land costs) would range from AED 4.0 M - 6.5 M (AED 450 - 650 per sq. ft.)

Current costs for high-end, large villas in prime areas of Dubai will range from AED 1,150 - 1,500 per sq. ft. So Jebel Ali Hills is offering real value and excellent capital growth opportunities.

- Updated Oct 25th, 2016

Go behind the scenes of motiongate™ Dubai

 Published on Apr 19 2016   180 Views   More Videos

 Source: Ddubai Parks and Resorts

 Category: Theme Parks

The region's largest Hollywood-inspired theme park. Bringing together three of Hollywood's most legendary studios: DreamWorks Animation, Sony Pictures Studios and Lionsgate. All located in Dubai Parks and Resorts.

Website: http://www.dubaiparksandresorts.com/

Jebel Ali Hills: Residential G+1 plots available from the secondary market.

Current prices from AED 145 - 160 per sq. ft. Plot sizes from 11 - 16,000 sq. ft.

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About Jebel Ali Hills

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.

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