11 Park Hills
Off-Plan

11 Park Hills

From AED 949,000·Handover Mar 2027·20% down payment Payment
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AED 949,000
Starting Price
Mar 2027
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

11 Park Hills is a prestigious residential development of studios and 1-bedroom apartments in Dubai Science Park, overlooking lush greenery and parkland, offering a serene retreat in the bustling city. The architectural structure of the complex includes a ground floor, 4 podium floors, 18 residential floors and a rooftop. The complex embodies the desire to go beyond the ordinary and blends seamlessly into the surrounding environment, presenting a fresh, functional design. In turn, the interiors of the apartments are carefully designed using floor-to-ceiling windows that fill the space with natural light, soft and warm colors and high-quality materials. Residents of 11 Park Hills enjoy access to two swimming pools and fitness centers, a jogging track, a basketball court, a captivating garden, a paddle tennis court, and a multi-purpose sports area. The location of 11 Park Hills provides convenient access to top-rated schools, universities, and modern hospitals. Dubai Hills Mall is just 5 minutes away, Mall of the Emirates is 10 minutes away, Jumeirah Beach is 12 minutes away, and the iconic Palm Jumeirah and Dubai Mall are within a 15-minute reach. Dubai International Airport and Al Maktoum International Airport are both approximately 22 minutes away.

Project Specifications
DeveloperTownX Development
LocationDubai Science Park
Unit TypesStudio, 1 BR, Apartments
AreaDubai Science Park
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 40,949 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,632
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 61,685 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
11 Park Hills launch basis1,054AED 949,000Current launch / asking basis
Dubai Science Park ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Science Park premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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11 Park Hills official render 1

11 Park Hills official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from TownX Development.

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Payment Structure

20% down payment

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Amenities & Lifestyle

Basketball court
Football field
Jogging tracks
Kids Play Area
Landscaped garden
Paddle court
Shared Pool
Shared gym
Yoga studio

Location

Dubai Science Park

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Science ParkDubai Science ParkDubai, UAE

Developer Track Record

01

11 Park Hills by TownX Development

02

Located in Dubai Science Park

03

Starting from AED 949,000

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Mar 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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