Hills Grove, part of the prestigious Dubai Hills Estate, is a highly exclusive community featuring just 26 luxury mansions along a single picturesque street. Surrounded by a scenic golf course and serene lakes, its exclusivity and limited availability have earned it the nickname “Street of Dreams.”
This area is a top choice for High-Net-Worth Individuals (HNWIs) and Ultra-High-Net-Worth Individuals (UHNWIs). Over the last four years, Dubai Sotheby’s International Realty has managed five record-breaking transactions in Hills Grove, with each sale setting a new benchmark. This latest deal marks a 62.5% increase compared to the brokerage’s first mansion sale in the area.
A Mansion Like No Other
This fully furnished luxury mansion sits on an expansive 37,700+ sq ft private plot and spans four levels, including a rooftop terrace and a basement.
Highlights include a beautifully designed private garden, a unique boomerang-shaped swimming pool, and breathtaking views of the golf course, Downtown Dubai’s skyline, and the iconic Burj Khalifa.
What the Experts Say
George Azar, Chairman and CEO of Dubai Sotheby’s International Realty, stated:
“This record-breaking sale on Hills Grove’s ‘Street of Dreams’ showcases Dubai’s global appeal and our team’s strategic expertise. By consistently setting new records, we are shaping Dubai’s luxury real estate market and solidifying our reputation as trusted advisors to HNWIs and UHNWIs. This sale underscores our dedication to redefining luxury living in Dubai.”
Shah added:
“Dubai Hills Estate has proven to be a premier destination for Dubai’s elite. Communities like Hills View and Hills Grove feature some of the most exquisite homes, and this naturally drives up pricing benchmarks. As this community grows, its value will only increase.”
Dubai’s Real Estate Market Soars
In October 2024, Dubai’s property market reached new heights, recording over 20,000 transactions worth Dh60.5 billion ($16.47 billion). The city continues to draw global HNWIs, especially from the United Kingdom, Eastern Asia, and the United States.
Although new home deliveries rose by 50% in Q3 2024, supply remains tight for high-end properties. This scarcity positions exclusive areas like Hills Grove to maintain premium pricing in the market.
