5-Bedroom Modern Villa in Hillcrest, Dubai Hills Estate with Lagoon View Below OP

Property Overview

This is a five-bedroom Modern-style villa in Hillcrest, Emaar's branded Address villa community in Dubai Hills Estate, offered at AED 24,150,000. The villa has a 10,336 sq ft built-up area on a 7,100 sq ft plot, with a basement, rooftop and lagoon view. It is vacant and priced AED 850,000, or 3.4%, below the agent-stated original price of AED 25,000,000.

Property Highlights

• Asking price: AED 24,150,000
• Agent-stated original purchase price: AED 25,000,000
• Difference: AED 850,000, or 3.4% below the stated original price
• Built-up area: 10,336 sq ft
• Plot size: 7,100 sq ft
• Price per sq ft (built-up): approximately AED 2,336
• Bedrooms: 5
• Style: Modern
• View: lagoon
• Extra levels: basement and rooftop
• Occupancy: vacant

Why the Price Qualifies as Below OP

The agent brief lists an original price of AED 25,000,000 and a selling price of AED 24,150,000. The difference is AED 850,000, matching the agent's description, and dividing that by the original price gives 3.4%.

The agent describes the price as recently reduced. The percentage discount is modest, so buyers should also compare the AED 2,336 per sq ft rate with recent DLD transactions for similar villas in the same community.

About the Project, Developer and Community

Hillcrest is a collection of Address-branded villas by Emaar Properties within Dubai Hills Estate, a large master community built around an 18-hole championship golf course and extensive parkland. Dubai Hills Mall sits within the master community, and the area is reached via Al Khail Road and Umm Suqeim Street. Hillcrest villas are offered in more than one architectural style, of which Modern is one.

Layout, Levels and View

The agent confirms five bedrooms, a 10,336 sq ft built-up area across levels including a basement and rooftop, a 7,100 sq ft plot, and a lagoon view. A built-up area larger than the plot is consistent with a multi-level villa that includes a basement. Bathroom count, parking and furnishing were not supplied.

Occupancy

The agent states the villa is vacant, which means a buyer could take possession on transfer without an existing tenancy. Confirm vacancy and the absence of any outstanding service charges before transfer.

Verification Notes

• Agent-supplied facts: project, villa style, bedrooms, built-up area, plot size, basement and rooftop, lagoon view, vacancy, original price and asking price.
• Calculated figures: the AED 850,000 difference, 3.4% discount and AED 2,336 per sq ft are DPF calculations from the agent's figures.
• Not supplied: bathrooms, parking, furnishing, service charges and unit number.