Palace Residences is ideally situated because of its direct access to Al Khail Road, allowing for easy city navigation. This location is not only favorable but also enables the residents to reach major locations such as Business Bay, Dubai Marina, and Dubai International Airport within 25 minutes or less.
At Dubai Hills Estate, where life is already luxurious enough, the extraordinary amenities and luxuries provided are of an unparalleled nature. As a case in point, Dubai Hills Park, which is the longest community park in the emirate, is a peaceful oasis amidst a busy cityscape. Additionally, nearby Dubai Hills Golf Club offers a gym, a swimming pool, and several high-end restaurants that customers can indulge in.
The people living in this area are fortunate because of its close proximity to Dubai Hills Mall, which enriches the living experience by providing diverse shopping and dining options as well as the world’s fastest vertical roller coaster, which will attract thrill-seekers.
Apart from the off-site facilities, the residents will have numerous leisure choices available to them just on the complex’s gigantic podium, which is bigger than 190,000 sq. ft. To top up, there are 20 and more of them, including, for instance, a sensory garden, outdoor fitness stations, a yoga area, a multipurpose room, a BBQ area, playgrounds and a 164-ft lap pool, besides being mentioned. That is not the end of the list; table tennis, a gym, landscaped lawns a padel court half-court basketball, outdoor seating areas, gazebos, and outdoor lounges are also available.
The data from the developer suggests that properties that are not only branded but are Palace Residences alike have an average capital appreciation of above 50%. This shows that the real estates in this project have great investment potential.
AED 168K (USD 46K) is the average rental rate for branded 1-bedroom units in Dubai Hills Estate and the average ROI is 7-9%. This data signifies the possibility of attaining continuous income from leasing your unit in Palace Residences.