Dubai Investments has launched the sales of the Dh3-billion ($816 million) Mirdif Hills, the only freehold project in the Mirdif region of Dubai, UAE.

The mixed-use development featuring 1,054 apartments – a mix of studio, one- to three-bedroom apartments and duplex units - a four-star hotel with 116 rooms and 128 serviced apartments and a 230-bed hospital, is being developed by its real estate subsidiary Dubai Investments Real Estate Company (DIRC).

Mirdif Hills is being constructed in two phases and is expected to be completed by Q4 of 2018. Spread across a sprawling 3.9-million-sq-ft area, the project will boast a mix of commercial and retail space.

Strategically located adjacent Mushrif Park, it offers a wide array of commercial options, retail outlets, community recreation and landscaped gardens spread across three clusters: Al Multaqa Avenue, Janayen Avenue and Nasayem Avenue.

DIRC has on offer attractive payment plans for the project, wherein the investors can pay up to 50 per cent during the construction phase and the balance on completion, said a top official.

Mirdif Hills also includes a 230-bed hospital.