Emaar Properties is set to launch an exclusive collection of homes in Dubai Hills Estate.

In a statement, the Dubai-based developer said 147 residences, comprising one-, two- and three-bedroom apartments will be on sale at the new tower in the Acacia at Dubai Hills Estate.

The 11,000,000m2 estate is set to welcome its first residents later this year, Arabian Business reported.

Ahmad Al Matrooshi, MD, Emaar Properties, said: "We are launching the new mid-rise tower in Dubai Hills Estate, one of the highly sought-after communities just in time to meet the growing interest from international investors who travel to Dubai this summer, and for customers who wish to be part of a vibrant lifestyle neighbourhood.

"Dubai Hills Estate brings a unique value proposition to Dubai serving as a green oasis in the heart of the city, only minutes away from Downtown Dubai and other business centres."

Marking the first phase of the Mohammed bin Rashid City, Dubai Hills Estate is one of the largest master-planned communities in the city.

Surrounding the golf course will be over 4,400 villas and townhouses and some 22,000 apartments.

The mega-development will feature a mall and community retail areas including a boutique mall for high-end brans, two hotels, schools, tennis and sports centres, over 45km of trekking trails and a boulevard boasting 7km of leisure, retail and F&B choices.