Park Horizon | Luxurious Living Experience in the Heart of Dubai Hills Estate

Park Horizon | Luxurious Living Experience in the Heart of Dubai Hills Estate

Project Description:

Emaar Properties proudly introduces the distinguished residential project “Park Horizon,” unveiled in the fourth quarter of 2022 in the coveted Dubai Hills Estate neighborhood. Comprising two towers, the development offers an array of luxurious apartments with 1-3 bedrooms, along with spacious 2-bedroom duplex townhouses. The complex houses a total of 300 available residential units.

The property sizes available for purchase range from 653 to 2,291 square feet. Park Horizon’s luxurious residences feature floor-to-ceiling extended windows, offering breathtaking views of lush green spaces. They also boast wide terraces, balconies, and gardens, allowing residents to immerse themselves in a tranquil atmosphere.

In terms of amenities, Park Horizon residents can indulge in world-class offerings:

• Fully equipped gymnasium
• Swimming pool and children’s pool
• Multi-purpose room
• Children’s room
• Landscaped platform and outdoor areas

Project Details:

• Location: Dubai Hills Estate, Dubai
• Project Status: Under construction
• Number of Towers: One
• 19 floors
• Number of Units: 300
• Project Type: Residential units
• Housing Types: From 1+1 to 3+1 and duplex townhouses
• Starting Area: 653 square feet
• Starting Price: $316,200
• Payment Plan: 10% down payment, the rest during construction
• Delivery Time: 2026

Property Prices:

The starting price for a one-bedroom apartment in Park Horizon is AED 1,160,000 ($316,000).

Park Horizon joins Emaar Properties’ other leading projects in Dubai Hills Estate, featuring a variety of 1-3 bedroom apartments and full-floor properties.

Location:

Park Horizon enjoys a strategic location near Al Khail Street, providing easy access to major locations throughout the emirate by car. These include Dubai Marina, Dubai Creek, and Dubai International Airport, all reachable within 25 minutes by car. Due to the lack of advanced public transportation infrastructure, potential residents are recommended to commute by private car or taxi.

One undeniable privilege of living in Park Horizon is direct access to Dubai Hills Park, the longest park in any community in Dubai. This tourist landmark offers a variety of fun-filled activities for visitors of all ages, featuring an ice-skating rink, water splash pad, amphitheater, ski slope, and a dog park. Fitness enthusiasts can benefit from a padel tennis court, running track, outdoor gym, and basketball court.

Residents also have the opportunity to visit Dubai Hills Mall, housing over 600 retail stores and the largest Giant hypermarket in the UAE, within a 25-minute walk. Not to forget Storm Coaster, officially the world’s fastest vertical launch roller coaster, and Roxie Cinema, the largest cinema screen in the Middle East. The commute time to Kings’ College Hospital, one of the best medical facilities in Dubai, is also the same.

Economic Attraction:

Scheduled for completion in the third quarter of 2026, Park Horizon provides the opportunity to purchase property at a lower cost during the initial construction phases. Upon completion of the development, you can resell your unit at an increasing capital value and benefit from additional income.

All residents of Dubai Hills Estate are granted special rates for equipment rental and tickets to tourist attractions in Dubai Hills Park. This means you can also benefit from the rates as a potential resident in Park Horizon. The Dubai Hills Golf Club is a 10-minute drive from the project, boasting an 18-hole world-class championship course with a par of 72.

Consider leasing Park Horizon later, as demand is likely to be high among families with children. It is located just a 10-minute drive from several prestigious academic institutions such as GEMS International School, GEMS New Millennium School, GEMS Wellington Academy, and Blossom Dubai Hills. According to Property Finder, starting from the fourth quarter of 2022, the average total yield for 1-bedroom designed apartments is 6%, with an initial rent cost of AED 55,000 ($15,000) annually.

In line with the Residency Program, when obtaining a property valued at no less than AED 750,000 ($205,000), you are eligible to obtain an investor visa for 3 years. At the same time, if the property cost is AED 2,000,000 ($545,000), you can obtain a golden visa for 10 years. Please note that these residency programs apply to completed properties only, meaning you will have to wait until Park Horizon is fully completed to apply.