- 1 Bedroom Apartment — Fully Furnished — Ready and Vacant, Ginco Properties, Dubai Hills Estate, Dubai, UAE
- 665 sqft BUA (61.8 sqm) | 1 Parking | Fully Furnished | Dubai Hills Boulevard and Community View | Low Floor
- Asking Price: AED 1,399,000 — 12.5% below current market below original cost of AED 1,399,000; AED 201,000 below current market AED 1,600,000
- Payment: 100% paid (AED 1,399,000); unit ready — immediate transfer
- Handover: Ready — Vacant | Dubai Hills Estate — Emaar and Meraas joint venture master-planned golf community with Dubai Hills Mall, King's College Hospital and 18-hole golf course
What is this Prive Residence 1BR deal in Dubai Hills?
This is a verified motivated-seller distress listing at Prive Residence by Ginco Properties in Dubai Hills. The seller is exiting at 12.5% below current market below the original purchase price of AED 1,399,000, transferring a 665 sqft 1BR unit at AED 1,399,000 (AED 2,104/sqft) against a current Dubai Hills secondary market of AED 2,406/sqft — placing AED 201,000 in immediate unrealised equity in the buyer's hands from the moment of signing. Dubai Hills recorded 6,800 DLD-registered transactions in 2025, up 20% year-on-year, confirming the buyer liquidity depth that supports any future exit.
The unit is positioned on Low Floor, delivering Dubai Hills Boulevard and Community View. The unit is fully paid by the seller and is ready for immediate title transfer — there are no construction obligations, no handover wait and no developer residual. The buyer acquires a fully furnished unit at a price that is simultaneously below the seller original cost and below current market value. Fully Furnished specification eliminates all fit-out capex — the unit is ready to occupy or list on Ejari immediately.
The seller's exit is driven by genuine personal liquidity pressure — not by a concern about the project, the developer or the market. Having committed AED 1,399,000 (100%) in capital to Ginco Properties, the seller is absorbing a cash loss of AED 200,000 to access liquidity now. The buyer captures the full gap between the seller's distress price and the current Dubai Hills secondary market: AED 201,000 on AED 1,399,000 invested = 14.4% immediate paper return. At new off-plan launches in Dubai Hills pricing at AED 2,400/sqft, this entry at AED 2,104/sqft represents below-replacement-cost acquisition.
Prive Residence Dubai Hills — Property Specifications
- Project: Prive Residence
- Developer: Ginco Properties
- Community: Dubai Hills Estate, Dubai
- Unit Type: 1 Bedroom Apartment — Fully Furnished — Ready and Vacant
- BUA: 665 sqft (61.8 sqm)
- Bathrooms: 1
- Parking: 1 Covered Space
- Floor: Low Floor
- View: Dubai Hills Boulevard and Community View
- Furnishing: Fully Furnished
- Handover: Ready — Vacant
- Ownership: Freehold — Open to All Nationalities
- Listing Reference: PRIVE-RESIDENCE-GINCO-DHILLS-1BR-READY-DISTRESS-001
Payment Plan Breakdown — What the Buyer Takes Over
- 100% Paid by Seller: AED 1,399,000 — fully paid; unit is title-transferable and vacant
- Buyer Pays Seller at DLD Transfer: AED 1,399,000
- DLD Registration Fee (4%): AED 55,960 — paid directly to DLD by buyer
- Trustee and Conveyancing Fee: approx. AED 4,000–5,500
- TOTAL ALL-IN: AED 1,459,960 — no further obligations. Zero agent fee.
The transaction is a standard DLD title transfer for a ready unit. Seller obtains NOC from Ginco Properties; both parties execute an MOU with 10% escrow deposit of AED 139,900; title transfer registered at DLD with buyer paying 4% fee of AED 55,960 directly to DLD. Process: 7-21 days from MOU to title deed. DistressPropertyFinder.com manages end to end.
Pricing Analysis — Why This is a Deal in 2026
- Original Purchase Price (OP): AED 1,399,000
- DLD Registration Fee (4%): AED 55,960
- Total Seller Cost (OP + DLD): AED 1,454,960
- Asking Price: AED 1,399,000
- Seller Loss vs OP: AED 200,000 (loss — genuine distress exit)
- Current Dubai Hills Market Value: AED 1,600,000
- Day-One Buyer Equity (vs Market): AED 201,000 (14.4%)
- This Listing — Price per Sqft: AED 2,104/sqft
- Dubai Hills Resale Market — Price per Sqft: AED 2,406/sqft (Dubai Hills 1BR furnished ready current market AED 1.6M)
- New Off-Plan Launches in Dubai Hills (2025-2026): AED 2,400/sqft
- Estimated Gross Rental Yield: 5.1%–7.1% p.a.
- Estimated Annual Rent (Mid-Range): AED 82,000/yr
- Estimated Annual Service Charge: AED 13,000/yr
- Total All-In Acquisition Cost (Price + DLD): AED 1,454,960
- Agent Fee for Buyer: Zero
At AED 2,104/sqft, this unit sits AED 302/sqft (12.6%) below current Dubai Hills secondary market and AED 296/sqft below new off-plan launches — meaning any buyer entering through a direct developer channel today pays materially more for a comparable Dubai Hills address with a further 2-3 year construction wait. At the mid-range annual rent of AED 82,000, gross yield is 5.9%, delivering AED 69,000/yr net of service charges on a day-one basis before any capital appreciation is counted.
Dubai Hills Location — Why This Community Matters
Dubai Hills Estate is Emaar's 11-million sqft master-planned golf community developed as a joint venture between Emaar and Meraas. Prive Residence by Ginco Properties is a premium boutique residential development in Dubai Hills Estate. At AED 1,399,000 (ready and vacant), this 665 sqft 1BR fully furnished apartment with boulevard view on a low floor represents a ready-to-go investment or end-use purchase. Dubai Hills recorded 6,800 DLD transactions in 2025, up 20% year-on-year, driven by its established school ecosystem, Central Park and golf course.
Dubai Hills Estate is connected to Al Khail Road (4-minute access), Emirates Road and Mohammed bin Zayed Road. The Dubai Hills Mall (650,000 sqm, opened 2022) is at the community's centre. GEMS Wellington Academy, GEMS World Academy and King's College Hospital are all within the community.
1BR fully furnished apartments in Dubai Hills Estate achieve AED 70,000-100,000/yr in annual leases. Boulevard-view units with quality furnishing in premium buildings command the upper range. At AED 1,399,000, a mid-range AED 80,000 annual rent equates to 5.7% gross yield — typical for Dubai Hills' established community profile.
Dubai Hills 1BR apartments average AED 1,800-2,500/sqft for new launches. Ginco Properties is a quality boutique developer known for premium finishes. This at AED 1,399,000 (AED 2,104/sqft) for a ready, fully furnished unit is competitive versus market for comparable Dubai Hills 1BR. Transactions grew 20% in 2025, supported by the established school ecosystem and the world-class Dubai Hills Mall. Golden Visa eligibility (AED 2M+ threshold — this unit is below; note for buyer planning).
Dubai Hills Distances & Connectivity
- Dubai Hills Mall: 2 km — Shopping & Entertainment — Anchor Retail
- Dubai Hills Park: 1 km — Green Space — 18-Hole Golf Course
- King's College Hospital Dubai: 3 km — Premium Healthcare
- GEMS Wellington Academy: 2 km — International School
- Al Khail Road: 2 km — Highway Access
- Dubai International Airport DXB: 22 km — International Airport
- Downtown Dubai: 15 km — Urban District
- Burj Khalifa: 16 km — Iconic Landmark
Prive Residence — Building & Amenities
- Direct Dubai Hills Boulevard View
- Dubai Hills Mall Access (650,000 sqm — 5 Minutes)
- Fully Equipped Gymnasium
- Community Swimming Pool
- 24-Hour Concierge and Security
- Covered Parking (1 Space)
- Fully Furnished — All Fixtures and Fittings Included
- Balcony with Boulevard Views
- Kids Play Area
- Landscaped Gardens
- High-Speed Lifts
- Smart Home Features
Who Should Buy This Prive Residence 1BR in Dubai Hills?
- The Below-Market Capital Investor: You are seeking a distress entry that provides immediate equity and a clear exit thesis. At AED 2,104/sqft versus market AED 2,406/sqft and new off-plan AED 2,400/sqft, this unit provides AED 201,000 (14.4%) in day-one unrealised equity. The unit is ready — income generation is immediate on day one via Ejari registration. At 5.9% gross yield, annual income of AED 82,000 significantly outperforms comparable European prime residential at 2-4%.
- The End-User and Lifestyle Buyer: You are currently renting in Dubai Hills or a neighbouring community. Typical 1BR annual rents in Dubai Hills range AED 72,000–AED 100,000, meaning ownership at AED 1,454,960 all-in (including DLD, zero agent fee) starts making financial sense within 18-24 months versus continued renting. Fully Furnished specification means zero additional spend required — move in or list on Ejari on day one. The Dubai Hills Boulevard and Community View and Low Floor add lifestyle value beyond pure investment metrics.
- The Portfolio Diversifier: You hold property in a mature Dubai sub-market and want a below-market position in Dubai Hills to broaden your income base. Ginco Properties's institutional brand ensures strong exit liquidity — secondary buyers recognise the developer premium and price accordingly. The AED 201,000 built-in equity provides a margin of safety against any short-term market softening, while Dubai Hills's 20% transaction volume growth in 2025 confirms liquidity depth for an exit at any future timeline at market value or above.
How to Acquire This Prive Residence Unit — Step by Step
- Express Interest (Day 0): Contact DistressPropertyFinder.com quoting PRIVE-RESIDENCE-GINCO-DHILLS-1BR-READY-DISTRESS-001. Receive full SPA, all Ginco Properties payment receipts (AED 1,399,000 confirmed), floor plan and title extract within 24 hours.
- Documentation Review (Day 1–3): Review original SPA, DLD certificate, all installment receipts, and building progress. Independent UAE-registered conveyancer review recommended.
- Sign MOU — Form F (Day 3–7): Execute MOU. 10% deposit AED 139,900 held in DLD-registered escrow.
- Obtain Ginco Properties NOC (Day 7–17): DistressPropertyFinder.com submits to Ginco Properties. NOC: 5–10 business days. Developer transfer fee approx. AED 5,000–6,500.
- Execute Transfer SPA (Day 15–20): Both parties sign transfer documentation. Buyer receives new title deed.
- DLD Registration (Day 17–22): Buyer pays DLD fee AED 55,960 (4%) directly to DLD. Title deed: 1–3 business days.
- Final Payment to Seller (Day 17–22): Buyer pays AED 1,399,000 to seller at registration. MOU deposit credited against this amount.
- Keys and Immediate Occupancy: Unit is vacant. Ejari registration possible immediately. DistressPropertyFinder.com manages the full process end to end.
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.
