Launched in 2013 by Emaar, The Hills consists of 2 residential towers overlooking the Emirates Hills Golf Course. Two other hotel & hotel serviced apartment buildings (Vida Hills) are also part of the same complex.

Property Types Available: Apartments
Location: Sheikh Zayed Road
Status: Under Construction
Year Launched: 2013
Estimated Completion Date: December 2017
Developer: Emaar
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Under Construction Buildings: 2
Under-Construction Apartments: 426
Floors: 14

The Hills: 1, 2 & 3 bedroom apartments for sale on a payment-plan.

Golf-course facing units available from the secondary market. Fabulous location. Payment-plan. Emaar project.

Subscribe to Lookup.ae’s Mailing List to receive property news and opportunity alerts.

About The Hills

Overview

The Hills & Vida Residence at The Hills is a mixed-use residential & hospitality development in Emirates Living being developed by Emaar.

The Hills was launched in June 2013 and Vida Residence was announced in late 2013.

The Hills consists of four mid-rise residential buildings (A1, A2, C1, C2) and all four building contain 1, 2 and 3 bedroom apartments.

Vida Residences has two mid-rise buildings consisting of furnished & serviced apartments as well as a Vida managed Hotel.

The key selling point of The Hills complex is its location. It is located right off-Sheikh Zayed Road and close to JLT, The Meadows & Springs. The project is located along the Emirates Hills Golf-course.

Property Types in The Hills

The Hills consists of 1, 2 & 3 bedroom apartments.

- The 1 bedroom apartments all face towards JLT / Emirates Living (back facing units)

- 2 Bedroom apartments have both views towards the golf-course (front-facing) and towards JLT / Emirates Living (back facing units).

- All 3 bedroom units face the golf-course.

Original Payment-Plan

The payment-plan for The Hills is construction linked and therefore, payments are due as and when Emaar meet construction milestones:

- 15 Down-payment

- 10% September 2013

- 15% April 2014

- 10% November 2014

- 15% due when construction reaches 20% completion

- 15% due when construction reaches 40% completion

- 10% due when construction reaches 60% completion

- 10% due when construction reaches 80% completion

Transaction Activity

October 2015: Following the launch of the Hills, there was a very strong secondary market. Premiums for units in The Hills on the secondary market reached between 20 - 30% at peak. As of October 2015, premiums for units now ranges between 7 - 18% depending on the unit, original price and view.

May 2016: Golf-course facing 2 & 3 bedrooms have transaction premiums ranging from 15 - 18% (though many buyers attempt to make offers of around 10 - 14%). Back facing units have premiums ranging from 8 - 10%.

-----------------------------------------------------------------------------------------------------------------

Project Completion Status (as per DLD): 61.04% (as of Oct 8, 2017)

Dubai Land Classification & Escrow Account Details:

Land Number: 929

Project Number: 1346

Real Estate Developer: Emaar Properties

Trust Account Number: 10470130052

Account Trustee Name: NOOR BANK P.J.S.C

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of The Hills

Amenities of The Hills

Help us to improve this section