Dubai-based boutique developer H&H Development has announced the launch of the Eden Hills project, a new $1 billion (Dh3.67 billion) luxury villa development aimed at high-net-worth individuals residing in or relocating to Dubai. The project was unveiled on Thursday, with prices for the exclusive villas starting at Dh17.5 million and reaching up to Dh97 million. This latest addition to Dubai’s high-end real estate market is located near Dubai Hills Estate along Al Khail Road.
The demand for luxury properties in Dubai has surged in recent years, with a notable shortage of available high-end listings. According to recent data from global real estate consultants Knight Frank, the number of luxury property listings in Dubai decreased in the third quarter of 2024, indicating that demand is outpacing supply. During this period, only 400 luxury property transactions were recorded in Dubai’s prime locations, down from 489 in the same period the previous year. Despite the overall decline in available properties, high-value transactions have remained steady. The third quarter of 2024 saw 92 sales of properties valued at $10 million or more, an increase of 8.2 percent from the previous quarter.
Eden Hills is expected to help address this demand by offering a total of 327 five-bedroom, five-plus-bedroom, and six-bedroom villas, including 29 customizable plots. The entire project will be developed in three phases, with the first phase, comprising 104 villas, now open for sale in the gated community.
Central to Eden Hills is the “Central Wadi,” a landscaped natural area designed to enhance the community’s appeal. The wadi integrates green spaces throughout the development, offering residents a sense of tranquility and connection to nature.
“The launch of Eden Hills marks a significant milestone in our journey to create exceptional living spaces that will endure the test of time,” said Miltos Bossinis, CEO of H&H Development. “This development reflects the precision and meticulous attention to detail that have become the hallmarks of H&H Development. We are delighted to present Eden Hills to the market, offering the first 104 villas for sale to homeowners seeking a community that inspires a genuine sense of belonging that will be cherished for generations.”
In addition to its luxurious villas, Eden Hills provides residents access to high-end amenities, including premium dining, upscale retail outlets, leisure destinations, educational institutions, and on-site healthcare facilities, ensuring both convenience and connectivity within the community.
Construction of the Eden Hills project began in October 2024, with the first phase anticipated to be completed by the fourth quarter of 2027. As Dubai’s luxury real estate market continues to thrive, Eden Hills is expected to attract both local and international buyers looking for exclusive, long-term investment opportunities in the emirate.
