Dubai: National Properties, the real estate arm of National Bonds, has announced that the construction of the AED1 billion '399 Hills Park' development in Dubai Hills Estate is 97 percent complete. The project, which includes both residential and retail spaces, is now in its final phase, with handover anticipated soon.
According to Emirates News Agency, Mohammed Qasim Al Ali, Group CEO of National Bonds, stated that Dubai's real estate fundamentals remain robust, bolstered by continued demand for high-quality developments in both the residential and commercial sectors. He highlighted the record performance of Dubai's residential real estate market in 2025, attributed to substantial growth in sales value and transaction activity.
Al Ali noted that total sales surpassed AED540 billion, reflecting an annual increase of approximately 25 percent. Transaction volumes also exceeded 200,000, marking an 18 percent rise compared to 2024 figures. The off-plan segment drove over 70 percent of these transactions, indicating sustained investor confidence and a strong appetite for new launches.
"This reinforces our conviction in developing and retaining high-quality residential communities such as 399 Hills Park, which is designed to meet evolving lifestyle expectations while delivering long-term value for investors," Al Ali added. National Bonds plans to launch several real estate projects soon, catering to the growing demand for top-tier residential and commercial assets.
