MIRDIF HILLS

STARTING PRICE
LUXURY APARTMENTS
OVER 1500
AED 545K
Mirdif Hills is a premium gated community in Mirdif, Dubai. The AED 3B, USD 816.7M project was launched in 2009 and then relaunched in 2014 by Dubai Investments Real Estate Company (DIRC), the subsidiary of Dubai Investments.
20/80 5-YEARS
PAYMENT PLAN
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About Mirdif Hills

Barbeque
Cafes and restaurants
Temperature-controlled pools
Fully equipped gyms
The premium development, covering 3.9 million sq ft, comprises of three clusters:

  • Janayen Avenue is a luxurious residential development with 359 spacious residences ideal for families and was completed in Q3 2019. It features two and three-bedroom apartments as well as three and four-bedroom duplexes. The total floor plan area of the units varies from 460 sqft to 3,185 sq ft. All ground floor apartments have private access and a private garden. Apartments offer a beautiful view of Mushrif Park, as well as the walkways, swimming pool and the community garden.

  • Nasayem Avenue is a residential living area and is located in the heart of Mirdif Hills. Similar to Janayen Avenue, it is an upscale collection of two and three-bedroom apartments, as well as three and four-bedroom duplexes. The buildings are situated around a communal garden with covered walkways and children's play areas. Residents can benefit from amenities such as a gym, nursery and a medical clinic. This sub-community was completed in Q1 2020.

  • Al Multaqa Avenue, in the center of Mirdif Hills, features a 116-room Millenium Place Hotel (due for completion in Q4 2021), 128 serviced apartments, restaurants, retail plots and cafes. There are also 300 residential units, the majority of which are studios and 1BR apartments. Reaching 95% completion, it is expected to be ready for handover in 2021.

Property Prices in Mirdif Hills

With two out of three sub-communities already completed, Mirdif Hills offers an attractive opportunity to purchase ready-to-move-in residences and off-plan properties. The starting price for 1BR apartments in the luxurious community is AED 890,000, USD 243,000. As for duplexes, the 3BR units cost from AED 3,008,000, USD 820,000.

Janayen Avenue

The residences range from 2 and 3 bedroom apartments to spacious 3 and 4 bedroom duplexes. Residents of Janayen Avenue also enjoy basement parking.

One of Janayen Avenue's greatest assets is its spectacular views that span across Mushrif Park, making it an atmospheric address for those with discerning taste.

The carefully crafted design of the development facilitates modern community living, featuring a gated garden with covered walkways, pools and children's play areas.

Nasayem Avenue

Primarily a residential living area, Nasayem Avenue features a luxurious collection of 2 and 3 bedroom apartments and 3 and 4 bedroom duplexes.

With ultramodern fittings and an open plan layout, these residences offer a comfortable living experience. The buildings are located around a gated community garden which encompasses lush plants, pools, children's play areas, and community facilities.

Multaqa Avenue

Multaqa Avenue features a mixture of residential buildings, as well homes ranging from two and three bedrooms apartments; to three and four bedrooms duplexes.

Mirdif Hills has vast amount of commercial space that caters to 56 retail outlets, ensuring that residents have everything they could possibly need; right on their doorstep. Restaurants, coffee shops, and more are just the tip of the iceberg.

Location of Mirdif Hills

Conveniently located in close proximity to Sheikh Mohammed Bin Zayed Road, Mirdif Hills is easily accessible from all parts of Dubai. Moreover, one can reach Dubai International Airport within 10 minutes by car.

Public transportation is also well-developed in the area around, as there are two bus stops reachable within 10 minutes: Mirdif City Centre and Golden Gate Mall, St 71.

For grocery shopping, residents of Mirdif Hills can reach both Spinneys Supermarket and Aswaaq Supermarket within 5 minutes. The development will feature an NMC Hospital with 230 beds and a Carrefour Hypermarket which are both included in the masterplan of the community.

Homeowners and tenants of Mirdif Hills can benefit from easy access to one of Dubai's major landmarks – Mushrif Park. Constructed in 1980, it has become a sought-after destination for recreation and socializing. The park features a botanical garden, equestrian center, public pools and a play area among many other amenities. Mushrif Park attracts many locals and tourists due to its display of traditional houses from all over the world.

Economic Appeal of Mirdif Hills

According to the General Director of DIRC, the entire development has been designed so that homeowners and tenants can live in a vibrant social community with leisure and entertainment facilities as well as gardens, promenades, walkways and landscapes. Which means the community will have the best of both worlds.

Mirdif Hills is the first and only freehold community in the area of Mirdif. Its main feature is its easy access to commercial facilities within the development itself for homeowners, shoppers and business individuals. It offers 63,000 sq ft of freehold office spaces, 37 retail spaces as well as a collection of fine eateries.

The annual rental price for a 1BR apartment in Mirdif Hills averages at AED 58,000. In Mirdif, such residences generate a ROI of 4.5%. When calculating net profit, one has to take into account management fees (AED 4,500, USD 1,200) and the 5% VAT(AED 3,000, USD 820). Therefore, the estimated net profit from a 1BR apartment in Mirdif Hills amounts to AED 53,000, USD 15,000.
Barbeque
Cafes and restaurants
Temperature-controlled pools
Fully equipped gyms
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