The area is being dubbed “a contemporary social hub for the young and trendy”.
Emaar announced last week that they were introducing the new phase of Collective – Collective 2.0. The first phase had a fast sell out and is expected to do the same during the 2nd phase.
Collective is the first co-living community in Dubai Hills Estate and is located only 15 minutes from Downtown Dubai and City Walk.
These homes start at AED 664,888 for a one-bedroom with an innovative monthly payment plan with significant demand expected for the trend-setting residences. A contemporary social hub, Collective 2.0 homes are ideal for millennials, young professionals and entrepreneurs seeking an all-inclusive ’work-live-play’ environment.
Collective 2.0 offer a rich choice of amenities for residents with the Dubai Hills Boulevard, featuring trendy retail outlets; the Dubai Hills Park, serving as a serene retreat; and the Dubai Hills Mall, with over 650 retail and F&B outlets, in walking distance. They also have effortless connectivity with the city with easy access to Al Khail Road and a nearby Metro station.
Promoting a new concept of openness and sustainable living, the new phase is designed to meet the lifestyle aspirations of the young and fashionable.
Residents at Collective 2.0 can enjoy the ground floor as their lounge, with an informal concierge service. Designed for people to meet, interact and grow, the co-living community also boasts work spaces, relaxation areas and an entertainment zone.
In addition to that, being close to the Dubai Hills Golf Club adds even more desirability to the investment asset, as studies by KPMG and American National Association of Realtors state that golf course proximity can boost property value by as much as 20 per cent.