Skyhills Residences Phase 3 by HRE: Apartments in JVC with 40% Post-Handover
HRE Development is behind Skyhills Residences Phase 3, an apartment project in Jumeirah Village Circle's District 13. This is the third phase of the Skyhills series, which signals a developer with ongoing commitment to the sub-community. Construction began in June 2024.
Where District 13 Puts You in Dubai
Jumeirah Village Circle sits in the middle of Dubai's residential belt, roughly equidistant from Downtown and Dubai Marina. For commuters, the location is practical: Al Khail Road is the primary route out, and from JVC you can reach Business Bay in around 20 minutes and Dubai Marina in a similar window. The area is not a leisure destination in itself. That is not what most JVC residents need. It is a workhorse residential zone with established schools, clinics, and grocery infrastructure already in place.
District 13 sits toward the more central portion of JVC, which generally means better internal road connectivity. For buyers comparing JVC sub-districts, that matters for daily circulation within the community.
For investors, the location fits a clear thesis: mid-market apartments where the tenant base is typically professionals and young families looking for more space than central Dubai offers at this price point.
AED 617K to AED 1.74M: What the Spread Means
The price range runs from AED 617,000 to AED 1,737,751, a gap of over AED 1.1 million. That spread reflects the full unit mix. Entry at AED 617K points to studios or compact one-bedrooms, where the per-square-foot value is highest and the rental math works most cleanly for investors. The upper end at AED 1.74M covers larger two or three-bedroom apartments, more suited to families or end-users who want meaningful living space at a price below what comparable sizing costs in premium addresses.
If you are an end-user, the upper tier gives you a family-sized apartment in a community that already has established infrastructure. If yield is the primary metric, the lower end of the range is where the numbers tend to work better in JVC.
Apartments Across the Range
The project offers apartments only. There are no villas or townhouses in this development. Buyers here are looking for a unit in a residential apartment building, which is the dominant product type in JVC and suits both investors targeting rental income and end-users who want low-maintenance ownership.
What the Amenities Reveal
| Wellness and Sport | Community and Daily Life | Security and Practicality |
|---|---|---|
| Yoga room | Restaurants | CCTV Security |
| Gymnasium | Retail Facilities | Covered Parking |
| Running Track | Children's Play Area | |
| Bicycle Track | ||
| Private Pool |
Ten amenities with a strong tilt toward active living. The yoga room, bicycle track, running track, and gymnasium together suggest HRE is targeting residents who want to manage their fitness routine without leaving the building. The retail and restaurant component is worth attention: if occupied well, it reduces a real friction point for residents in a community location where driving for every errand adds up. The children's play area indicates families are a genuine target demographic, not a secondary afterthought.
Completion Expected June 2026
Construction started June 2024 with an expected completion of June 2026. That window is now effectively at its end. Buyers looking at this project today are entering at or very near handover. For off-plan investors who entered earlier, the construction phase is behind them. For new buyers, this means a short path to occupancy rather than a multi-year wait.
Getting In at 20% with 40% After Handover
| Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 30% |
| Handover | 10% |
| Post handover | 40% |
The defining feature of this payment structure is the 40% post-handover component. Only 60% of the total price is due before and at the point of handover. The remaining 40% falls due after keys are in hand, which spans the period when a rental property generates income. For investors, this structure reduces the pre-handover capital pressure and aligns a large installment block with the income-producing phase of ownership.
The 20% down payment is in line with typical Dubai off-plan requirements. The value is in the back-loaded 40%, which is the number to model your cash flow around before committing.