Parkside View & Nima the Valley
Are you a real estate investor or an end user keeping an eye on Dubai’s real estate market? If so, you’ll want to pay attention to the latest launch by Emaar, one of Dubai’s most reputable developers, in the sought-after community of Dubai Hills Estate. This community has consistently delivered on promises to investors and end users, offering capital appreciation, rental returns, and a great lifestyle.
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Why Choose Parkside Views at Dubai Hills Estate?
Parkside Views is a remarkable project because it’s one of the last developments adjacent to the park, just a short walk from the Mall, and close to a proposed Metro Station. Let’s break down why Parkside Views is an excellent investment choice:
Dubai Hills Estate’s Impressive Growth: Over the past year, Dubai Hills Estate has experienced significant growth. With 4,485 units sold, a 64.3% increase, and a total sales value of AED 16.7 billion, a 42.4% increase, the area is thriving. The average price per square foot reached AED 1,852, a substantial 31.8% rise. According to property search data, demand in the area has tripled compared to previous months.
Comparing Projects: Let’s compare two different concepts within Dubai Hills Estate:
Collectives: A 1 BR apartment is currently being sold at AED 1.33 million, at AED 2750 per sq ft.
- Mulberry: A 1 BR apartment is being sold for 1.8 to 2 million, at AED 2800 per sq ft.
- Parkside Views: A 1 BR starts at AED 1.45 million, making it just AED 2027 per sq ft. This means Parkside Views offers an attractive opportunity for capital appreciation and ROI.
Features of Parkside Views: Parkside Views represents Emaar’s vision as ‘a city within a city.’ It offers a range of housing options, from apartments to duplexes to townhouses, ensuring the best park views. The development provides easy access to a championship golf course, Dubai Hills Mall, Dubai Hills Park, schools, healthcare facilities, a 7-kilometer boulevard, leisure activities, retail outlets, and dining options. Additionally, it offers seamless access to 3 proposed metro stations, two of which are close to Parkside Views.
Strategic Location: With quick access to key locations, Parkside Views is strategically located. It takes just 15 to 20 minutes to reach the Trade Center, 15 to 18 minutes to the iconic Burj Khalifa, and 20 to 25 minutes to both Al Maktoum International Airport and Dubai International Airport.
Investment Opportunity: In a rapidly growing and innovative city like Dubai, Parkside Views at Dubai Hills Estate offers a golden investment opportunity with the backing of a developer like Emaar. Don’t miss the chance to be part of this exciting narrative.
Future Investment Potential: If you missed the opportunity to invest in a 4BR townhouse in Nima at an earlier stage, Parkside Views can still help secure you a unit in Nima in the future. This may sound unusual, but here’s how it works: to buy a Nima townhouse in the secondary market, buyers must complete a 50% down payment to Emaar by 2025. Market trends suggest that prices for similar townhouses are projected to be around 3.5 million, which means you could end up paying an extra 700K to 800K for a unit you missed out on.
The smart alternative is to consider a 2BR unit in Parkside Views, which has strong demand, park views, and proximity to Dubai Hills Mall. This property promises similar or higher returns. You can also consider swapping closer to the handover time or continue renting at similar rates.
The key takeaway here is that making informed and forward-thinking choices is crucial in real estate investing. If you’re interested in Parkside Views at Dubai Hills Estate, get in touch with us today to learn more about this exciting project.
Table: Comparing Projects in Dubai Hills Estate
|Project Name||1 BR Apartment Price (AED)||Price per Sq Ft (AED)|
|Mulberry||1.8 to 2 million||2800|
|Parkside Views||1.45 million||2027|
In Dubai’s thriving real estate market, Parkside Views by Emaar in Dubai Hills Estate emerges as a smart investment choice, offering robust capital appreciation and rental potential. With remarkable growth in Dubai Hills Estate over the past year, the project stands out with attractive prices per square foot compared to similar options. Its strategic location, access to amenities, and the unique opportunity to secure a unit in Nima make Parkside Views an enticing investment. In the dynamic landscape of Dubai, this project promises substantial returns and a promising narrative for both investors and end users.