1BR | Prive Residence, Dubai Hills Estate | Tenanted | 7% yield

Prive Residence is a G+15 building of 225 apartments completed in October 2023, one of the few non-Emaar addresses inside Dubai Hills Estate. The unit mix is deliberately investor-weighted — 172 of the 225 units are one-bedrooms — which gives the building an unusually deep and liquid rental market for its size, and makes comparables easy to establish for anyone underwriting the purchase.

At AED 2,111 per sq. ft., this apartment prices well below the community’s newer stock, where one-bedrooms in the recently completed towers trade closer to AED 2,400–2,700. The trade-off is a 2023 building rather than a 2026 one — but with three years of operating history, an established service charge schedule, and a sitting tenant, the risk profile is entirely different from handover-stage inventory.

BUILDING AND COMMUNITY AMENITIES

• Swimming pool
• Fully equipped gym
• Landscaped leisure areas
• Children’s play spaces
• Covered parking and 24/7 security
• Dubai Hills Mall, Dubai Hills Park, and Dubai Hills Golf Club within the community

LOCATION

Prive Residence sits within Dubai Hills Estate, around two minutes from Dubai Hills Mall, with schools, nurseries, and King’s College Hospital inside the community. Access via Al Khail Road places Downtown Dubai roughly 12–15 minutes away and Dubai Marina approximately 25. Upper floors in the building carry Burj Khalifa and skyline views.

INVESTMENT SNAPSHOT

• One-bedroom apartments in Prive Residence rent in the region of AED 100,000 per year, implying a gross yield of approximately 7.1% at this asking price — among the strongest available in Dubai Hills Estate, where community averages sit closer to 5%
• The unit is tenanted, so income begins at transfer with no void period and no letting cost
• With 172 one-bedroom units in the building, rental comparables are abundant and re-letting risk is low

Service charges for apartments in Dubai Hills Estate run at AED 18–22 per sq. ft. per year — approximately AED 12,000–15,000 annually for this unit. Prive Residence has been operating since 2023, so its Mollak-approved schedule is established; verify the current approved rate and the cooling arrangements before transaction, along with the existing tenancy contract, Ejari registration, and the rent and expiry date under it.