Skyhills Residences 3

32 floors apart between two towers, and 40% of the price settled after handover

The two buildings that make up Skyhills Residences 3 share the same podium but not the same height. Tower A tops out at ten residential floors. Tower B runs to 42, sitting above a ground floor, a raised ground floor and four podium levels. HRE Development has split 501 units between them in Jumeirah Village Circle, and studios make up 44% of the total. The payment plan also stands out: 40% of the price remains due over five years after the keys are handed over, a long stretch by JVC standards.

140 units on one side, 361 on the other

Tower A is the more compact of the two. It holds 60 studios, 30 one bedroom apartments and 50 two bedroom units, served by four elevators. Tower B accounts for nearly three quarters of the scheme with 361 units, four elevators and a service lift. According to the brochure, its 41 typical floors are topped by three and four bedroom duplexes. The two buildings offer different experiences: the smaller tower reads like a neighbourhood block, while the larger one edges closer to the high rise towers found in Dubai Marina.

Three large duplexes against 498 small and mid-sized units

The scheme is built with renters in mind. Tower B includes 160 studios ranging from 347 to 662 square feet, 119 one bedroom apartments (679 to 1,337 square feet) and 79 two bedroom units (1,051 to 1,549 square feet). The top end is limited to just three units: one three bedroom apartment at 2,737 square feet and two four bedroom units of roughly 3,200 square feet each. In Tower A, the two bedroom units run slightly larger, reaching up to 1,820 square feet. The brochure lists furnished apartments and one parking space for studios, one and two bedroom units, with two spaces for the three and four bedroom layouts.

40% spread over five years after the keys

The payment schedule opens with 10% on booking, 10% within 30 days, 5% at six months and 10% at twelve months. The following 25% is due on completion. That leaves 40% to be paid over five years after handover. Buyers can rent the unit out and use part of the income to cover the remaining instalments, though they also carry counterparty risk for longer. Funds are held in an escrow account at Sharjah Islamic Bank. Buyers should also budget for a 5,000 dirham administration fee on top of Dubai Land Department charges, and the sales team accepts payment in cryptocurrency as well.

Padel, tennis and a sauna on the podium

The amenities list stands out less for its length than for the space given over to sport. The project includes a padel court, a tennis court, a basketball court, multi sport courts and a football pitch, an unusually full lineup for a JVC plot. There are also two gyms, one indoor and one outdoor, plus a sauna. For downtime, residents get a shared pool with deck, a water feature area, landscaped gardens and walking trails lined with water points. Families have access to a children's play area and a clubhouse.

15 dirhams per square foot, and a date worth double checking

Service charges are estimated at 15 dirhams per square foot per year, a level that will weigh on net yields for studios in particular. The timeline also calls for some caution. The brochure states construction completion in Q2 2026, while the project listing gives a handover date of 30 December 2026. That six month gap affects when the first rental income starts coming in and when the five year post-handover payment period actually begins. Before signing, buyers would do well to have the contractual date confirmed in the sale and purchase agreement (SPA).

Eight minutes from Dubai Hills, twenty from DXB

JVC benefits from its position between Al Khail Road and Sheikh Mohammed Bin Zayed Road. The developer lists Dubai Sports City and Dubai Hills Mall at 8 minutes, and Mall of the Emirates and the Emirates Golf Club at 12 minutes. JBR beach is 15 minutes away and Palm Jumeirah 16. Meydan and Dubai Mall are about 17 minutes out. Dubai International Airport is 20 minutes away and Al Maktoum International 31, a useful point for tenants who travel frequently for work.