National Properties unveils new $272mn residential project in Dubai

The project will offer a range of units and is scheduled for completion in Q4 2025

399 Hills Park has been announced by National Properties, the real estate subsidiary of shari’a-compliant savings and investment firm National Bonds Corporation. Located in Dubai Hills Estate close to the Dubai Hills mall, the property is valued at US $272mn and is set to be a prime attraction in the UAE’s real estate market.

Scheduled for completion in Q4 2025, 399 Hills Park will feature a range of units including one-, two- and three-bedroom apartments.

It will offer a luxurious lifestyle with a range of state-of-the-art amenities such as indoor and outdoor children’s play areas, as well as swimming pools suitable for both adults and children, a rooftop terrace with BBQ and family gathering areas in addition to electric car charging stations, a statement from the firm explained.

In early April 2023, Iman Developers launched the Oxford Gardens residential development and, later in the month, DAMAC launched the 45-storey Canal Heights 2 residential tower.

“We are thrilled to launch the 399 Hills Park project, which guarantees a superior standard of urban living for its residents and a secure lucrative investment for our clients. As a reliable and trusted developer supported by the $3.54bn investment portfolio contributed by more than 800,000 Bondholders, we take immense pride in delivering excellence and fulfilling our commitments,” stated National Bonds Corporation CEO Mohammed Qasim Al Ali.

He noted that the project offers ample parking for residents and visitors, 24/7 security, spacious 5-star like lobbies and a diverse collection of premium retail shops.

Sports enthusiasts can enjoy outdoor sports facilities including a paddle tennis court, yoga lawn and fully equipped gyms with the latest equipment, separate saunas and steam rooms for ladies and gents, he concluded.

In late April 2023, Samana launched its ‘Samana Mykonos Signature’ residential project.

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