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.