Distress Below Market: Cheapest 1BR Fully Furnished in Privé Residence, Dubai Hills Estate — AED 1,420,000

Below Market Price | Fully Furnished | Ready Oct 2023 | 669 Sqft | King’s College 1 Min | 8-10% ROI | AED 1,420,000

Distress listing and the cheapest fully furnished 1-bedroom apartment currently listed in Privé Residence by Ginco Properties, Dubai Hills Estate, Dubai — AED 1,420,000. Entry psf: AED 2,122 versus the Property Finder-confirmed market average of AED 2,300/sqft (+14.4% appreciation). Market-psf-derived value for 669 sqft: ~AED 1,538,700. Buyer saving: ~AED 118,700 (7.72%) below market. Completed October 2023. Fully furnished — ready for immediate tenant placement from title deed day. Documented ROI: 8–10% for Privé Residence 1BR. At AED 1,420,000: implied annual rent at 9% = AED 127,800. Privé Residence is the closest residential building to King’s College Hospital Dubai — a 1-minute walk — creating a permanent, captive tenant pool of high-income medical professionals who actively rent here.

Developer note: The building developer is Ginco Properties (G&Co). Dubai Hills Estate is the Emaar Properties master community. The listing’s ‘EMAAR’ reference denotes the Emaar master community address.

Property Highlights

• Project: Privé Residence
• Building Developer: Ginco Properties (G&Co)
• Master Community: Dubai Hills Estate (Emaar)
• Size: 669 sq ft | 1 Bedroom | Fully Furnished
• Status: Ready — completed October 2023
• Price: AED 1,420,000 (AED 2,122/sqft)
• Market Psf: AED 2,300 (+14.4%) → market value ~AED 1,538,700
• Saving vs Market: ~AED 118,700 (~7.72%)
• Market Position: Cheapest fully furnished 1BR in Privé Residence
• ROI: 8–10% documented
• King’s College Hospital: 1-minute walk
• Spa + Sauna + Steam + Yoga: On site
• Pet-Friendly: Yes
• Ownership: Freehold — all nationalities

About Privé Residence — Boutique Excellence in Dubai Hills

Privé Residence is an 18-floor building (G+15) completed in October 2023, delivering 225 units across studios, 1BR, and 2BR apartments in Dubai Hills Estate. Developed by Ginco Properties with a philosophy of ‘urban oasis’ design — panoramic windows, elegant light-tone interiors, and an amenity programme more associated with branded 5-star residences than boutique buildings. The spa centre, sauna, steam room, and yoga studio alongside the standard pool and gym elevate Privé Residence above every competing building in its segment. The building is pet-friendly — scarce in Dubai Hills Estate. Most remarkably: Privé Residence is the closest residential building to King’s College Hospital Dubai, confirmed at a 1-minute walk by residents. Hospital staff are a captive, stable, high-income tenant demographic who rent here specifically for the commute. Property Finder confirms the market psf has risen 14.4%, making AED 2,122/sqft entry materially below current market.

The King’s College Hospital Advantage

King’s College Hospital Dubai is a Level 1 trauma centre operated by UK-trained consultants — one of Dubai’s most prestigious private hospitals. Its medical and nursing staff are a stable, income-verified, low-risk tenant demographic who prioritise the 1-minute commute. No other building in Dubai Hills Estate has this proximity advantage. A fully furnished 1BR here rents to hospital professionals consistently at above-average rates, supporting the upper end of the 8–10% documented yield range.

Investment Analysis

At AED 1,420,000 and 9% documented ROI: annual rent = AED 127,800 (AED 10,650/month). At 10%: AED 142,000/year. Dubai Hills Estate 1BR furnished rents: AED 120,000–140,000/year. All-in cost: ~AED 1,509,400 — below market-psf value of ~AED 1,538,700. Zero fit-out cost (fully furnished). Immediate income from transfer. No construction wait. 14.4% psf appreciation already confirmed means embedded capital upside from below-market entry.

Amenities

• Open-air swimming pool | Spa centre | Sauna and steam room | Yoga studio | Gym
• BBQ areas | 1 km private park | Rooftop garden | Kids play + kids pool | Gazebos
• Pet-friendly | Ground-floor restaurants and retail | Grand social lobby
• 24-hour security | Covered parking
• King’s College Hospital Dubai — 1 minute walk
• Community: Dubai Hills Golf Club (18-hole) | Dubai Hills Park (180,000 sqm) | Dubai Hills Mall (650+ outlets)

Why This is the Best Deal in Privé Residence

• Cheapest fully furnished 1BR listed in Privé Residence — all others priced higher
• 7.72% below market psf — all-in still below market value
• Fully furnished — zero fit-out cost, immediate rental income from day one
• King’s College Hospital 1-minute walk — permanent captive professional tenant pool
• 8–10% documented ROI — among the strongest in any Emaar master community
• 14.4% psf appreciation confirmed — below-market entry maximises capital upside
• Spa + sauna + steam + yoga — 5-star amenity level in a boutique building
• Pet-friendly — scarce differentiator supporting faster occupancy and premium rents
• UAE 2-year investor visa (AED 750K+ threshold met)

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