Palace Residences by Emaar Properties

Redefining luxury lifestyle, Palace Residences is the first 5-star branded complex in Dubai Hills Estate. The project was created in partnership with Palace Hotels & Resorts, famed for its personalised service and excellent attention to even the smallest of details. Palace Residences comprises 3 towers that feature beautiful landscaped sky terraces with a seating area.

Interested buyers can choose from a collection of 1-3 bedroom apartments, 3-bedroom townhouses and half & full floors. The size of the apartments ranges from 743 sq. ft to 2,302 sq. ft.

Each residence embodies contemporary opulence, with interiors inspired by the Palace Hotels & Resorts’ oriental modernism, seamlessly integrating the awe-inspiring vistas of Dubai Hills Park into the core of the living environment. You will have a fully-equipped kitchen, a laundry room and one or more balconies for your viewing pleasure. Additionally, 3-bedroom units come with a maid’s room and an ensuite bathroom.

Palace Residences has direct access to Al Khail Road, making it a breeze to get around the city. This convenient location enables residents to reach key areas such as Business Bay, Dubai Marina and Dubai International Airport in just 25 minutes or less.

The unmatched luxuries and amenities available at Dubai Hills Estate are sure to make life here even more divine. For example, Dubai Hills Park, the longest community park in the emirate, is a tranquil haven amid a dynamic urban environment. The Dubai Hills Golf Club is also nearby and features a gym, a swimming pool and several premium restaurants to suit any taste.

The complex’s close proximity to Dubai Hills Mall further enriches the living experience by providing a plethora of shopping and dining choices, along with the world’s fastest vertical roller coaster, which is sure to entice thrill-seekers.

In addition to these off-site facilities, those living at Palace Residences will be able to explore countless leisure options right on the complex’s massive 190,000+ sq. ft podium. There are more than 20 amenities available, including a sensory garden, outdoor fitness stations, a yoga area, a multipurpose room, a BBQ area, playgrounds and a 164-ft lap pool, not to mention table tennis, a gym, landscaped lawns, a padel court, half-court basketball, outdoor seating areas, gazebos and outdoor lounges.

According to data released by the developer, the average capital appreciation of such branded properties as Palace Residences may reach upwards of 50%. Therefore, real estate in this complex has strong investment potential.

The average rental price for branded 1-bedroom units in Dubai Hills Estate is AED 168K (USD 46K), whilst the average ROI is 7-9%. These figures indicate the potential to receive stable income if you decide to lease your property in Palace Residences.