HRE Development and One Broker Group announce complete sell-out of Skyhills Residences 2, valued at over AED 650 Million within two months.

HRE Development and One Broker Group have announced the successful sell-out of Skyhills Residences 2 in Jumeirah Village Circle (JVC), representing a significant milestone with a project valuation exceeding AED 650 million. This achievement underscores their continued success in delivering high-value real estate developments in Dubai’s competitive market.
Skyhills Residences 2 offered fully furnished modern apartments, ranging from studios to duplexes, featuring premium Bosch and Teka appliances, integrated smart home technology, and lifestyle-focused amenities such as indoor and outdoor gyms, a swimming pool, and lush green spaces. The project’s structural completion prior to its launch and the availability of flexible two-year post-handover payment plans contributed to the overwhelming buyer confidence and rapid sell-out.
“The success of Skyhills Residences 2 reflects our ability to anticipate market trends and deliver exceptional projects that resonate with buyers,” said Mohamed Adib Hijazi, Chairman of HRE Development. “This accomplishment sets a strong foundation as we move forward with our next major launch.”
Building on this momentum, HRE Development unveiled Skyhills Residences 3 on November 19, 2024, also located in JVC. Hasan Hejazi, Vice Chairman of HRE Development, emphasised the company’s innovative, consistent offering to enhance the UAE real estate landscape: “Skyhills Residences 3 will continue to reflect our commitment to offering communities the best of quality and design that are not just living spaces but lifestyle statements. We are dedicated to maintaining our high standards of architectural excellence by bringing quality projects to life, on time to meet the growing demands for homes in well-located communities.”
The mixed-use project, which is now on sale, will include 501 residential units—spanning studios, 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom apartments—alongside 12 retail outlets. With prices averaging at AED 740,000 for a studio and handover expected in Q2 2027, the development targets both investors and end-users seeking premium urban living spaces in one of Dubai’s most sought-after locations.
“Jumeirah Village Circle continues to attract significant attention for its strategic location, seamless connectivity, and vibrant lifestyle offerings,” said Umar Bin Farooq, CEO and Founder of One Broker Group. “The strong demand for Skyhills Residences 2 underscores the market’s appetite for well-designed, high-quality developments in this area. We are confident Skyhills Residences 3 will continue to build on this success.”
For a firsthand look at the lifestyle promised by Skyhills Residences 3, prospective buyers can visit the dedicated Sales Center at Skyhills Residences, where fully furnished show apartments are now available. Interested parties are encouraged to register early to secure their place in this highly anticipated development.
Craig English, Managing Director of One Broker Group, added: “Our successful collaboration with HRE Development has redefined premium living spaces in JVC. We look forward to replicating this success with Skyhills Residences 3 as we expand our portfolio with another groundbreaking project.”
Skyhills Residences 3 is set to elevate the standard of urban living with luxurious amenities, contemporary designs, and thoughtfully curated spaces tailored to modern lifestyles. You can visit the Skyhills Sales Centre at Umm Suqeim St, Al Barsha South, for more information.”

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HRE Development Joins Forces with DLD to Empower Dubai Club for People of Determination and Sponsor the 2025 Fazza Championships

The announcement comes on the back of HRE’s recent partnership with Dubai Cares to support the education of youngsters in developing countries through a financial contribution of AED 30 million, and is part of its mission to give back the community and of ‘building with purpose’.

Dubai, United Arab Emirates, XX January 2025: As part of its vision of ‘building with purpose’ and empowering citizens both in the UAE and internationally, HRE Development – a pioneering Dubai real estate company – has confirmed it is the main sponsorship partner of the ‘Fazza International Championships for People of Determination 2025,’ joining forces with Dubai Land Department (DLD), along with the Dubai Club for People of Determination and the Dubai Sports Council.
The championships, set to commence on 01 February 2025, will be held under the patronage of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council (DSC) and Chairman of the Higher Committee for the Protection of the Rights of People of Determination in Dubai
This announcement comes on the back of HRE Development’s recent partnership with Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), whereby it extended a financial contribution of AED 30 million to Dubai Cares’ mission, ensuring that underprivileged children and youth in developing countries gain access to quality education.

As a developer, HRE has set itself a unique mission – Building with Purpose – which aims to give back at every opportunity.

The latest edition of the ‘Fazza International Championships’ features four major sports tournaments, including the 16th Fazza International Para Athletics Grand Prix, with the participation of 1,000 athletes; the first Fazza International Swimming Championship, welcoming 500 athletes; the 16th Fazza International Para-Badminton Championship, featuring 300 athletes; and the ninth Fazza Para Archery World Ranking Tournament, also hosting 300 athletes.
These events aim to create an inclusive competitive environment that brings together athletes from over 70 countries, nurturing values of excellence and inclusivity. Through these championships, which were first launched 16 years ago, Dubai seeks to reinforce its position as a city that is supportive of People of Determination, providing them with all the tools necessary to achieve success and unleash their creativity.
Wissam Breidy, CEO of HRE Real Estate Development, said: “We are honoured to be the strategic partner of the Fazza International Championships, reinforcing our mission of purposeful building to leave a positive impact on the community. We are committed to creating spaces that empower individuals, foster inclusivity, and support resilience. By supporting the UAE team for People of Determination, our mission goes beyond constructing structures; it becomes about laying the foundation for dreams, aspirations, and communities where everyone has the opportunity to thrive. This mission aligns with the vision of Dubai, the UAE, and its wise leadership to create a positive impact and build a sustainable and prosperous future for all.”

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HRE Development commits AED 30 million to Dubai Cares with the launch of ‘Skyhills Astra’ project

Dubai, UAE, 22 October 2024 – In a significant move towards global philanthropy, HRE Development, one of Dubai’s leading real estate companies, has announced a partnership with Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI), to support the education of children and youth in developing countries. This partnership underscores HRE Development’s commitment to creating lifestyle-driven projects while contributing to meaningful causes.

In a press event held in Dubai, HRE Development announced that they will extend a financial contribution of AED 30 million to Dubai Cares’ mission, ensuring that underprivileged children and youth in developing countries gain access to quality education. Present for the occasion were His Excellency Eng. Marwan bin Ghalita, Director General of Dubai Land Department, Mohamed Adib Hijazi, Chairman, HRE Development and His Excellency Dr. Tariq Al Gurg, Chief Executive Officer and Vice-Chairman of Dubai Cares.

This contribution is linked to HRE’s new real estate project, ‘Skyhills Astra’, a lifestyle development designed with purpose at its core. As part of this initiative, a contribution will be made on behalf of each apartment owner in ‘Skyhills Astra’ to support Dubai Cares’ global mandate.

The partnership emphasizes HRE Development’s vision of “Building with Purpose.” By combining lifestyle development with positive impact, the company ensures that its projects, like ‘Skyhills Astra’ contribute to long-term, global causes. The collaboration with Dubai Cares also aligns with the UAE’s broader vision, inspired by the belief of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in education and innovation as essential drivers of progress.

“At HRE Development, we recognize that education is a key enabler in shaping a better future,” said Mohamed Adib Hijazi, Chairman, HRE Development. “In an effort to create global impact through the transformative potential of education, we are humbled to announce this partnership with Dubai Cares. With HRE’s new residential project, ‘Skyhills Astra,’ our vision is not just about building homes, but about offering a unique opportunity for homeowners to be part of a larger global mission for children’s education. Our homeowners will know that their investment goes beyond the property – it supports education and fosters positive change.”

His Excellency Dr. Tariq Al Gurg, Chief Executive Officer and Vice-Chairman of Dubai Cares, highlighted the strategic importance of the initiative, stating, “Collaboration with the private sector amplifies our efforts to address educational disparities and strengthens our mission by providing additional resources and fostering innovation. We extend our deepest gratitude to HRE Development for their commitment and contribution, as this partnership will significantly enhance our impact and allow us to reach even more children and youth globally. Furthermore, this collaboration serves as a testament to the remarkable results we can achieve by uniting across sectors and working towards the shared goal of unlocking the potential of the next generation through access to quality education.”

As a gesture of recognition, ‘Skyhills Astra’ apartment owners will receive a personalized certificate from Dubai Cares, acknowledging their role in advancing global education.

HRE Development’s commitment to giving back is a core value. In line with its philanthropic efforts, the organization has dedicated 10 residential units of its Skyhills Residence to the Endowments and Minors’ Affairs Trust Foundation in Dubai (Awqaf Dubai), represented by the Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), earlier this year.

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HRE Properties Dedicates 10 Residential Units to Awqaf Dubai's Endowment Initiative

The Endowments and Minors’ Affairs Trust Foundation in Dubai (Awqaf Dubai), represented by the Mohammed bin Rashid Global Centre for Endowment Consultancy (MBRGCEC), registered a new addition to the “Endowment for Real Estate Developers” initiative, presented by HRE Properties, and aims to support the sustainability of humanitarian work.


HRE Properties allocated to Awqaf Dubai ten residential units from the “Skyhills Residence” project in Al Barsha 2. Awqaf Dubai would invest the units and dedicate the proceeds to support charitable activities such as education, treating patients, supporting needy orphans, and meeting the needs of society.

His Excellency Ali Al Mutawa, Secretary General of Awqaf Dubai, commended the donation of HRE to the endowment initiative for real estate developers and praised its commitment to social responsibility. He stated that the most prominent local real estate development companies are joining the initiative, the thing which reflects the sustainability of humanitarian efforts and the spirit of giving in the local community.

Al Mutawa pointed out that the initiative strengthens partnerships that support social and economic development, meet the needs of society, provide services to citizens, and improve the people’s well-being, following the vision of wise leadership in establishing the values of solidarity in society.

His Excellency Eng. Marwan bin Ghalita, Acting Director General of the Dubai Land Department (DLD), stressed the importance of HRE’s contribution to the endowment initiative for real estate developers and its pivotal role in achieving the goals of this charitable and humanitarian initiative. He pointed out that maintaining the momentum of these initiatives through real estate companies would enhance the targeted impact, stressing DLD’s commitment to providing all needed support and facilities to the initiative to continue its growing approach.

Zainab Juma Al Tamimi, Director of the MBRGCEC, expressed gratitude to HRE for the generous contribution to the initiative and emphasized the initiative’s ongoing efforts to achieve its humanitarian goals in supporting the health, education, and social development sectors as well as enhancing the quality of life. She added that participation in the initiative is always open to all real estate companies wishing to contribute to the journey of giving and generosity that upholds their social responsibility and active role towards society.

Muhammad Adeeb Hegazy, the owner of HRE, said that the company spares no effort in supporting humanitarian projects in society and achieving its active positive role in social responsibility. He praised Awqaf Dubai’s efforts to enable everyone to participate in endowment, pointing out that the HRE is proud of its continuous and generous participation in its charitable projects that support the vital sectors of society and achieve its humanitarian goals.

News Source: Dubai Media Office

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