What's the price range at Dubai Hills Residences Block 56?
Current price per sqft: AED 9087. Recent transactions: 2BR 1824sqft at AED 9,198,988. Price history (12 months): ranging from AED 7765 to AED 7938/sqft.
Complete guide to Dubai Hills Residences Block 56 in Dubai Hills: pricing, amenities, rental potential and ownership costs.
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Current price per sqft: AED 9087. Recent transactions: 2BR 1824sqft at AED 9,198,988. Price history (12 months): ranging from AED 7765 to AED 7938/sqft.
Unit mix: 46 × 1BR, 35 × 2BR, 37 × 3BR, 0 × 4BR. Total: 356 units. Standard residential tower.
Tier: ULTRA_LUXURY. Investment thesis: "Quality residential with strong fundamentals and consistent market demand.". Comparable buildings in Dubai Hills range AED 8587–9587/sqft. Verdict: Premium pricing justified by amenities and brand.. Consult a local agent for current market assessment.
Amenities: Pool, Gym, Concierge, Parking, Community Center. Year completed: 2022. Floors: 27. Well-maintained common areas and 24/7 security.
27 floors. Total units: 356. Average units/floor: 14. View types: Marina views, City views. Higher floors command premium pricing.
Layouts: Studio to 4-bedroom units. Most popular: 1-bedroom (46 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Beach: 9 mins. Nearby Station metro: 8 mins. Downtown Dubai: 43 mins. Airport (DXB): 30 mins.
Metro accessible via Nearby Station. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
Located in Dubai Hills, a ultra-luxury community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: exclusive and high-end.
Service charge: ~AED 3180.45/sqft/year typical for tier ULTRA_LUXURY. Estimate for 2BR (1500 sqft): AED 397556.25/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
Gross rental yield: 4.8%–6.3%. 1BR typical rent: AED 15,438/month. 2BR: AED 29,243/month. Strong tenant demand; typical vacancy: 1–2 months/year.
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