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National Properties Completes Prestigious 399 Hills Park Development

The Dubai Hills Estate residential project reaches completion with handovers commencing, marking a significant milestone in National Properties' portfolio of thoughtfully conceived luxury residential assets.

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Exterior architectural view of 399 Hills Park residential towers in Dubai Hills Estate
National Properties

National Properties, the distinguished real estate subsidiary of National Bonds, has successfully brought to completion the exceptionally crafted 399 Hills Park, a landmark residential development situated within the serene environs of Dubai Hills Estate. The project, representing a significant capital deployment and development achievement, now enters its handover phase, welcoming residents into meticulously appointed residential accommodations.

The development comprises 399 residential units distributed across two architecturally considered towers, a composition that reflects the developer’s commitment to creating balanced, community oriented residential environments. The first tower, designated for external sale, achieved complete market absorption, testament to the compelling appeal of the development’s positioning and offering. National Properties’ strategic decision to retain the second tower within its own portfolio underscores a confidence in long term value appreciation and reflects a sophisticated, forward thinking investment approach that prioritises enduring asset quality over rapid capital release.

This architectural and financial approach demonstrates National Properties’ commitment to building a resilient, income generating real estate platform that extends beyond conventional development cycles. By maintaining ownership of the second tower, the company positions itself to benefit from sustained capital appreciation whilst generating consistent revenue streams that support its overarching investment strategy. This measured stewardship of assets reveals a philosophy grounded in permanence and value creation for all stakeholders.

Residential development landscape showing 399 Hills Park's two towers and surrounding community setting

Mohammed Qasim Al Ali, Group Chief Executive Officer of National Bonds, has underscored the significance of this completion milestone, emphasising the group’s unwavering dedication to developing residential properties of exceptional quality that deliver substantive, enduring value to their communities. The successful realisation of 399 Hills Park represents a testament to this commitment, reflecting the considerable expertise and resources deployed throughout its conception, planning and execution.

Dubai Hills Estate, the distinguished master planned community in which 399 Hills Park is situated, provides an exceptionally refined residential context characterised by mature landscaping, curated amenities and architectural sophistication. This setting has long attracted discerning residents seeking communities that harmonise contemporary convenience with tranquil suburban sensibilities.

The completion and commencement of handovers at 399 Hills Park represents a defining moment in National Properties’ trajectory as a developer and custodian of significant residential assets within the emirate’s increasingly selective luxury residential market.

Imagery courtesy of National Properties.

Residential development landscape showing 399 Hills Park's two towers and surrounding community setting

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