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Development·22 October 2026

National Properties Completes AED 1 Billion 399 Hills Park in Dubai Hills Estate

National Properties, the real estate arm of National Bonds, has completed its AED 1 billion 399 Hills Park residential and retail development in Dubai Hills Estate, commencing handover to buyers.

National Properties, a subsidiary of the Shari’a-compliant savings and investment company National Bonds, has announced the completion of its AED 1 billion 399 Hills Park project located within Dubai Hills Estate. The development, which features 399 residential units across two towers, has begun the handover process to buyers.

One of the towers, designated for sale, was entirely sold out, with homeowners now receiving their new residences. In line with its long-term investment strategy, National Properties will retain the second tower as an income-generating asset.

Mohammed Qasim Al Ali, Group CEO of National Bonds, highlighted that the completion of 399 Hills Park is a significant milestone, reinforcing their commitment to developing high-quality real estate assets that deliver sustainable value. He noted the importance of homeownership as a key life goal for UAE residents.

Amenities for Residents

Residents of 399 Hills Park will have access to a range of lifestyle and wellness amenities, including:

  • Temperature-controlled swimming pools
  • Fully equipped gyms
  • Saunas and steam rooms
  • Padel and basketball courts
  • Club lounges

For families, the development offers a children’s splash area, indoor and outdoor play zones, and multipurpose rooms. Landscaped outdoor areas and roof BBQ terraces are also available for relaxation and panoramic views.

This completion contributes to Dubai’s growing real estate sector, which saw 104 projects valued at over AED 111 billion completed in the first half of 2026, according to Dubai Land Department data. National Properties recently expanded its portfolio with the launch of an AED 500 million commercial tower in Barsha Heights.

Frequently asked

Questions, answered

What is the total value of the 399 Hills Park project?
The 399 Hills Park project by National Properties has a total value of AED 1 billion.
How many residential units are in 399 Hills Park?
The development comprises 399 residential units, distributed across two towers within Dubai Hills Estate.
What is National Properties' strategy for the two towers?
One tower, fully sold, is being handed over to buyers. National Properties is retaining the second tower as an income-generating asset for its Mudaraba portfolio.
What amenities are available at 399 Hills Park?
Residents can access temperature-controlled swimming pools, gyms, saunas, steam rooms, padel and basketball courts, club lounges, a children's splash area, play zones, multipurpose rooms, and roof BBQ terraces.
Reported by
Google News — Off-plan & Handover (7d) · Google News — Dubai Property (7d)
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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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