Real Estate vs Stocks: Where Does Money Actually Grow in Dubai?
Discover the latest insights and trends in the real estate market.
Parkside View at The Valley by Emaar
4/18/2023
Table of Contents
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.
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:
| Project Name | 1 BR Apartment Price (AED) | Price per Sq Ft (AED) |
|---|---|---|
| Collectives | 1.33 million | 2750 |
| Mulberry | 1.8 to 2 million | 2800 |
| Parkside Views | 1.45 million | 2027 |
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.
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. The smart alternative is to consider a 2BR unit in Parkside Views, which has strong demand, park views, and proximity to Dubai Hills Mall.
Conclusion
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.
Frequently Asked Questions
Parkside Views is one of the latest launches by Emaar in Dubai Hills Estate. It's one of the last developments adjacent to the park, close to the Mall and a proposed Metro Station.
Over the past year, Dubai Hills Estate has seen significant growth with 4,485 units sold (64.3% increase) and a total sales value of AED 16.7 billion (42.4% increase). The average price per square foot reached AED 1,852, a 31.8% rise.
Parkside Views offers competitive pricing. A 1 BR apartment starts at AED 1.45 million, or AED 2027 per sq ft. This is lower than Collectives (AED 2750 per sq ft) and Mulberry (AED 2800 per sq ft) in the same area.
Residents have 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.
