Mallside Residences is a premium residential complex developed by the Royal Development Company, located in the Dubai Hills Estate. The project operates under the Hilton brand, and construction commenced in 2023. The company aims to complete all work by 2026.
The complex comprises 18 floors, housing 144 residences, including spacious 1-3 bedroom apartments and cozy studios. The area of the apartments ranges from 37 to 167 square meters. Future buyers have the option to choose furnished or unfurnished units. The first six floors of the complex will feature Hilton hotel rooms, allowing residence owners to enjoy all the benefits of a la carte service.
Despite the planned completion of construction in 2026, properties can be acquired now through a 70/30 payment scheme. The initial payment is 10% of the total cost, with 60% to be paid during construction and the remaining 30% upon completion.
Purchasing apartments in Mallside Residences not only ensures a high level of comfort but also serves as a lucrative investment for future passive income. The ROI for a one-bedroom property in this area is 6.9%, with rental rates starting from AED 80,000 (USD 22,000) per year.
Buyers of property in Mallside Residences have the opportunity to obtain a 2-year or 10-year visa. This allows them to live here with their entire family, and in the case of the 10-year visa, bring domestic staff along as well.
