Leading Dubai developer Emaar Properties has announced the launch of Park Point, a premium residential project featuring one-, two- and three-bedroom apartments and a duplex unit, at its ambitious 'green city' Dubai Hills Estate.

A joint venture between Emaar and Meraas Holding, Dubai Hills Estate is a mixed-use development with a series of unique neighbourhoods set around an 18-hole championship golf course.

Set on prime land spanning over 11 million sq m, it is a new 'city-within-the-city' development. Envisaged as a premium lifestyle community, Dubai Hills Estate's masterplan features vast stretches of landscaped parks and gardens, winding walkways, and extensive open areas.

Park Point is a sanctuary of serene living in Dubai Hills Estate featuring elegant homes and fabulous facilities, within one of the most exclusive new projects taking shape in Dubai, said a statement from Emaar.

It will boast a wide range of one-, two- and three-bedroom apartments along with a duplex unit.

Launching the sales of the new units, Emaar said special offers are available for those looking to invest in Park Point.

Under its flexible payment plan, the buyers will first make a down payment of 10 per cent of the total value of the property, then a second instalment of 10 per cent on February 20, 2017 followed by a third on July 20 the same year.

The buyer then has to pay another 10 per cent on December 20, 2017 (when 20 per cent of the construction is completed) followed by another on April 20, 2018 (40 per cent work done) and then on August 20 (when 60 per cent work gets completed).

The final instalment of 40 per cent will have to be paid on February 28, 2019 when the entire construction work gets completed, said the Dubai developer.

The residents of Park Point will get to experience healthy living in harmony with nature while enjoying an endless array of community facilities including sporting, entertainment and leisure facilities, it added.

Building on Emaar’s credentials of developing integrated communities, Dubai Hills Estate will feature an iconic commercial centre, high-end retail centres, as well as low-rise and mid-rise residences, hotels and serviced hotel apartments, said a Emaar spokesman.

They will get access to an array of community facilities around Dubai Hills Estate - from a modern health club, golf club to nature trails, jogging tracks, children’s play areas, and long-shaded pathways connecting parks and pools, he stated.

Adding to the convenience of residents are educational institutions, healthcare facilities and mosques.

"One can stroll along a network of green corridors to community shopping centres or the neighbourhood mosque, while the kids bike safely to school on dedicated cycling tracks," said the spokesman.

Besides, a great selection of restaurants, cafés, hotels, medical clinics, spas and salons are all within easy reach of the residents, even as the allure of Downtown Dubai rises majestically on the nearby horizon, he added.-TradeArabia News Service