Custom-Built 6-Bedroom Mansion in Parkways, Dubai Hills Estate

Property Overview

This is a custom-built six-bedroom mansion in Parkways, Dubai Hills Estate, offered at AED 42,000,000. The property has a 12,000 sq ft built-up area on an 11,241 sq ft plot, which works out to about AED 3,500 per square foot of built-up area. It is listed as a distress deal, but no original price, benchmark or other deal details were supplied.

Property Highlights

• Asking price: AED 42,000,000
• Built-up area: 12,000 sq ft
• Plot size: 11,241 sq ft
• Price per sq ft (built-up): approximately AED 3,500
• Bedrooms: 6
• Custom-built mansion
• Location: Parkways, Dubai Hills Estate

Pricing Basis

The brief was submitted as a distress deal but contains no original purchase price, DLD transaction or dated market comparison. DPF has therefore not calculated a discount, and the distress description has not been independently verified.

Custom mansions vary widely in design, specification and finish, so buyers should compare this property with recent DLD transactions for custom homes of similar plot and built-up size in Dubai Hills Estate, and commission an independent valuation and building survey.

About the Community

Dubai Hills Estate is a master community by Emaar Properties built around an 18-hole championship golf course and a large central park, with Dubai Hills Mall and schools within the community. Parkways is one of its plot and villa areas. It is reached via Al Khail Road and Umm Suqeim Street.

Layout and Build

The agent confirms six bedrooms and a 12,000 sq ft built-up area on an 11,241 sq ft plot. A built-up area larger than the plot is consistent with a multi-level home, possibly including a basement. Completion status, bathrooms, parking, view, pool, furnishing and occupancy were not supplied. Request full floor plans, the building completion certificate and recent photographs.

Verification Notes

• Agent-supplied facts: area, custom build, bedrooms, built-up area, plot size and asking price.
• Calculated figures: the AED 3,500 per sq ft rate is a DPF calculation from the agent's figures.
• Not verified by DPF: that the price is a distress price.
• Not supplied: original price, completion status, bathrooms, parking, view, pool, occupancy and unit number.