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PAYMENT PLAN
UNIT PRICE | AED 22,100,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 22,100,000 |
2. DLD Transfer fee 4% + 40 AED | AED 884,040 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 464,100 |
SUMMARY
Total on Transfer | AED 23,453,390 |
TOTAL COST FOR BUYER | AED 23,453,390 |
EXECUTIVE SUMMARY
Investment Overview
Project: Distress Deal: 5-BR in Address Villas Hillcrest
Asking Price: AED 22,100,000
Original Price: AED 24,566,764
Discount Percentage: 10%
Property Size and Valuation
Total Size (BUA): 10,373 sq. ft.
Price per sq. ft.: AED 2131
Considerations
This asset offers a potential capital appreciation opportunity given its distressed nature. The discount provides potential for future yield improvement. Evaluation of market trends and rental yield is advised for comprehensive assessment.


PROJECT DESCRIPTION
Overview
Address Villas Hillcrest is a gated villa sub-community located within Dubai Hills Estate, a master-planned mixed-use development in Dubai. The project is situated to the western section of the wider estate and forms part of a broader residential and lifestyle district developed by Emaar Properties. This development is being delivered in collaboration with Address Hotels + Resorts, a hospitality brand associated with Emaar Hospitality Group. Construction commenced in December 2022, with an estimated completion date of June 2026. The development is designed to contain approximately 138 residential units, all of which are villas configured across two storeys with an additional basement level.
The villas are organised around a landscaped environment that includes a central water feature with an urban river, lily pond, and two lakes incorporating fountains. Each property includes provision for a private elevator, reflecting contemporary residential planning standards in master-planned communities. The development is positioned as part of the ongoing expansion of Dubai Hills Estate, which serves as a key residential and commercial hub within Mohammed Bin Rashid City.
Location and Connectivity
Dubai Hills Estate is strategically located between Al Khail Road (E44) and Umm Suqeim Street (D63), providing direct road connectivity to several core districts of Dubai. Residents of Address Villas Hillcrest benefit from access to these arterial routes, allowing for efficient travel across the emirate. Travel times by car from the development include approximately 16 minutes to Downtown Dubai, 15 minutes to Palm Jumeirah, 12 minutes to Burj Al Arab, and 18 minutes to Jumeirah Beach Residence.
Dubai International Airport is located approximately 21 minutes away by road, while Al Maktoum International Airport can be reached in roughly 33 minutes, subject to traffic conditions. These connections position the development within a commuter-friendly zone for both business and leisure travel. Public transport options in the immediate vicinity are limited compared to central urban districts; however, the wider Dubai Hills Estate masterplan includes future infrastructure enhancements intended to improve accessibility.
Master Community Infrastructure
Dubai Hills Estate is a large-scale mixed-use district comprising residential neighbourhoods, commercial zones, retail centres, educational institutions, and hospitality assets. It is anchored by Dubai Hills Mall and the Dubai Hills Golf Club, an 18-hole championship golf course that forms a central recreational feature. The community includes landscaped parks, pedestrian walkways, cycling tracks, and open green spaces that support outdoor activities.
Residents of Address Villas Hillcrest have access to the shared infrastructure of the wider community. This includes community pools, play areas, and educational facilities. Nearby parks include Dubai Hills Park, located approximately 0.4 kilometres from the development, as well as additional green spaces within Dubai Science Park and surrounding districts. Retail and dining options are available at Dubai Hills Mall and nearby commercial clusters within Dubai Hills Business Park.
Nearby Landmarks and Amenities
The surrounding area offers a range of recreational and lifestyle amenities. Attractions in proximity include Dubai Miracle Garden at approximately 5.1 kilometres and indoor entertainment facilities such as Yalla Bowling at Mall of the Emirates. Cinemas within accessible distance include Vox Cinemas at Mall of the Emirates and Cinema Akil at Alserkal Avenue. Golf facilities include Dubai Hills Golf Club at approximately 2.3 kilometres, Arabian Ranches Golf Club at 6.4 kilometres, and Montgomerie Golf Course at 8.4 kilometres.
Educational institutions are located within close proximity, including GEMS International School Al Khail at 1.9 kilometres and GEMS Wellington Academy Al Khail at 2.1 kilometres. Several schools in the surrounding districts have achieved high inspection ratings, including Safa Community School and Kings School Al Barsha. This concentration of schools contributes to the residential suitability of the area for family occupancy.
Design and Development Details
The project is valued at approximately AED 640,882,000 according to data submitted to the Dubai Land Department prior to construction. The main contractor for the development is Aroma International Building Contractors. The villas are designed as branded residences under the Address Hotels + Resorts banner, marking a continuation of Emaar’s strategy to integrate hospitality branding into residential communities.
The architectural planning incorporates landscaped water features and open spaces that form the central organising element of the community layout. The development is intended to provide low-density residential accommodation within a controlled access environment. As with many off-plan developments in Dubai, final delivered specifications may differ from initial design concepts as construction progresses.
Market Context and Transactions
Recent transaction data published by the Dubai Land Department indicates ongoing activity within Address Villas Hillcrest. Recorded sale transactions show villa plots achieving prices in the range of approximately AED 24,000,000 to AED 26,500,000, with price per square foot figures varying based on plot size and transaction type. Mortgage and delayed sale transactions have also been recorded, reflecting a mix of financing structures among buyers.
The presence of multiple transaction types, including delayed sales and mortgage registrations, is consistent with off-plan developments nearing completion. These data points contribute to an understanding of pricing benchmarks within the sub-community and can be used for comparative market analysis within Dubai Hills Estate and similar villa developments.
Investment Considerations
Within the context of Dubai’s real estate market, units in Address Villas Hillcrest may be classified as distressed assets in certain cases where individual properties are offered below prevailing market rates. This classification is typically associated with motivated sellers or specific financial conditions rather than structural issues with the asset itself. Buyers analysing opportunities in this development may consider such listings as part of a broader investment strategy.
The association with a recognised hospitality brand, combined with the location within a master-planned community, contributes to the positioning of the development within the upper segment of Dubai’s residential villa market. However, pricing, transaction conditions, and individual unit characteristics remain the primary determinants of value.
Surrounding Communities
Address Villas Hillcrest is located بالقرب several established and emerging residential districts. Adjacent and nearby communities include Dubai Hills Estate itself, Dubai Science Park at approximately 3.5 kilometres, Villa Lantana at 3.7 kilometres, and Al Barsha at 4.2 kilometres. Additional nearby areas include Arjan, Living Legends, and Arabian Ranches, each offering varying densities, property types, and infrastructure provisions.
This positioning places the development within a cluster of suburban residential zones that are characterised by villa communities, mid-rise residential buildings, and mixed-use developments. The proximity to both established neighbourhoods and new developments contributes to long-term urban integration within the city’s expansion framework.
Conclusion
Address Villas Hillcrest represents a branded villa development within Dubai Hills Estate, combining low-density residential planning with access to a large-scale master community. The project incorporates landscaped environments, proximity to major road networks, and access to established amenities and educational institutions. Its development timeline, transaction data, and integration within Dubai’s broader urban framework provide a factual basis for analysis by end users and property investors.


