Nakheel completes land sales worth over AED 162 million
Nakheel today closed land sales worth more than AED162 million in its Al Furjan and Jumeirah Village Triangle developments – evidence of heighted investor confidence in the Dubai real estate market.
In Al Furjan, the company sold plots of land for AED 70 million for 91 townhouses in addition to four commercial plots for AED26 million. Al Furjan is already a vibrant community with more than 800 homes. A new community retail and recreation centre in the vicinity is also due to open early next year.
Nakheel also sold 45 Villa plots in Jumeirah Village Triangle located in a thriving community within close proximity to its 860 hectare master development south of Al Khail Road.
A Nakheel spokesman said: “Just as we expected, these plots drew a lot of attention, the level of interest seen today underscores the fact that Al Furjan and Jumeirah Village are amongst the most convenient, sought-after locations in Dubai.”