Jebel Ali Hills  

AED 128
-3.03%
-9.86%
-17.42%
Historical Price Change of Residential Plots in Jebel Ali Hills

These are the average Vital Stats for Jebel Ali Hills for 2017 Q3.
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. These plots represent the best priced (in terms of per sq. ft. price) residential plots in the city of Dubai. This project is located behind the theme parks (Dubai Parks Resorts) 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: Ready, Under Construction
Year Launched: 2014
Year Completed: 2017
Developer: Meraas
Title Type: Freehold
Life Cycle: Under Construction
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 130 - 140 per sq. ft. (AED 1.4 - 2.5 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 June 2017

Go behind the scenes of motiongate™ Dubai

 Published on Apr 19 2016   242 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 130 - 150 per sq. ft. Plot sizes from 11 - 16,000 sq. ft. Construction permissions being issued. Values expected to rise with completion of Dubai Parks and Resorts.

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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.

- All plots were sold out by 2015 and transactions started taking place in the secondary market from Q3 2015 onwards.

- 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.

- Construction on plots can commence once the plot is fully paid and NOC has been obtained from the developer. As of June 2017, we understand that the master-developer (Meraas) has started issuing construciton permissions.

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