Diyor Kosimov

National Properties for Sale in Dubai

National Properties, a renowned real estate subsidiary of the Sharia-compliant savings and investment company National Bonds Corporation, proudly presents its latest gem in the Dubai real estate market the extraordinary complex "399 Hills Park". This esteemed project, valued at 1 billion dirhams, promises to become a highly sought-after destination in the rapidly evolving UAE real estate market.

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latest gem in the Dubai

National Properties, a renowned real estate subsidiary of the Sharia compliant savings and investment company National Bonds Corporation, proudly presents its latest gem in the Dubai real estate market – the extraordinary complex "399 Hills Park". This esteemed project, valued at 1 billion dirhams, promises to become a highly sought-after destination in the rapidly evolving UAE real estate market. Situated within Dubai Hills Estate, the complex aims to capture the attention of both investors and local residents.

luxurious residences

The 399 Hills Park project, scheduled for completion in the fourth quarter of 2025, offers an impressive selection of spacious apartments. The luxurious residences come in various sizes, ranging from 1 to 915 square feet for apartments with 399 bedrooms, to expansive apartments with 2 to 3 bedrooms spanning from 1,411 to 2,075 square feet, and exquisite homes with 4 bedrooms ranging from 2,459 to XNUMX square feet.

Mohammed Kasim Al Ali, the CEO of National Bonds Corporation, expressed his excitement about the launch, stating, "We are thrilled to introduce the 399 Hills Park project, which ensures an unprecedented level of urban living for its residents and secure, lucrative investment opportunities for our esteemed clients. Leveraging our solid reputation and investment portfolio of 13 billion dirhams, held by over 800,000 bondholders, we take great pride in achieving excellence and fulfilling our commitments."

FAQs

Buyers/owners of properties can get a legal proxy with a proper and duly legalized power of attorney. This person with the POA can have the right to dispose of the properties on behalf of the client, as mentioned in the POA. The POA is valid for purposes like sale, mortgage, and gifting and is valid for a period of 2 years. In case of purchasing with a POA, the said POA is valid for 5 years from the date of notarization at the notary public.

Yes, you can sell an off-plan property before its completion date.

A buyer is eligible for UAE investor visa if his total investment is AED 1 million or above in one of maximum three properties.

Yes, any nationality can own freehold property in designated freehold areas in Dubai and an heir can inherit it.

An escrow account is that which acts as a third-party funding medium wherein the merchant receives access to the transferred money (by the buyer), once an escrow agreement has been fulfilled. If the agreement is not fulfilled by the merchant, the fund is then returned to the buyer. In UAE’s real estate market, an escrow account has a very particular function. The developers of the various projects have to open different escrow accounts for every project, as per the Escrow Account Law in UAE. It protects the buyers funds and regulates the funding that the developers receive from the