Skyhills Residences 2 — project image
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Skyhills Residences 2

From AED 903,999·Completed May 2026·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 903,999
Starting Price
May 2026
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
Studio · 1 BR
Type

Project Overview

Skyhills Residences 2 is a modern residential complex by HRE Development, located in Jumeirah Village Circle (JVC). The building comprises a basement level, a ground floor, a mezzanine, three podium levels, and thirty residential floors, forming a harmonious and distinctive silhouette against the city skyline. The project offers a variety of residential formats, including studios, one- and two-bedroom apartments, as well as duplex Sky Villas with two and three bedrooms, designed to meet contemporary standards of comfort. The architecture follows a refined minimalist style with clean lines and panoramic windows. Interiors combine style and functionality, with abundant natural light, quality finishes, and modern appliances creating a cozy yet prestigious atmosphere. Residents enjoy a wide range of amenities, including gyms, a swimming pool, a children’s play area, basketball and tennis courts, relaxation zones, and landscaped gardens. Water features and outdoor lounge areas enhance the sense of tranquility within the urban setting. The location provides convenient access to key areas of Dubai. Dubai Sports City and Dubai Hills Mall are just 8 minutes away, while Emirates Golf Club and Mall of the Emirates can be reached in 12 minutes. The Beach, JBR is 15 minutes away, and Dubai Mall is 17 minutes away. Dubai International Airport is located 20 minutes away, and Al Maktoum International Airport can be reached in 31 minutes.

Project Specifications
DeveloperHRE Development
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 39,008 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,176
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 415,840 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from HRE Development.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Basketball court
Club house
Covered gym
Football field
Jogging tracks
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Multipurpose Sports Courts
Open air gym
Paddle court
Pool Deck
Private pool
Recreational areas
Resting Areas
Retail outlets
Sauna
Shared Pool
Sitting Area
Social zone
Steam
Tennis court
Walking paths

Location

Skyhills Residences 2 location map
Project location

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

01

Skyhills Residences 2 by HRE Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 903,999

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: May 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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