Nad Al Sheba Villas in growing demand as sales pass AED2 billion

Nad Al Sheba Villas in growing demand as sales pass AED2 billion

Strong start to 2021 as developer clocks up record January sales

Master developer Nakheel has sold more than AED2 billion worth of luxury homes at Nad Al Sheba Villas, with a new phase just released after record monthly sales in January 2021.

Half of the high-end, family villas are now taken, with more than 800 sold in the last 12 months. January 2021 saw the highest monthly sales so far, with 133 transactions worth a total AED342 million.

Nakheel’s land and built-form sales exceeded AED2.2 billion in 2020, with Nad Al Sheba Villas the top-selling properties, and plots and residential units at Al Furjan, Jumeirah Park, Palm Jumeirah, Warsan Village and International City also in demand.

Aqil Kazim, Nakheel Chief Commercial Officer, said: “2021 is off to a strong start, with Nad Al Sheba Villas continuing to attract buyers – mostly end-users – taking their first step on the property ladder or upgrading to larger homes.

“Last year saw significant lifestyle changes in the wake of the coronavirus pandemic, boosting demand for more indoor and outdoor family living space. This trend looks set to continue.”

Nad Al Sheba Villas – a favourite among UAE and GCC nationals – comprises more than 1,570 ready-to-occupy homes and a retail and leisure Pavilion with a supermarket, cafes, swimming pool and sports courts, due to open this summer. Located just off Sheikh Mohammed Bin Zayed Road, the development is close to top-quality schools and a short distance from Dubai International Airport and other landmarks. The four- and five-bedroom villas boast large living spaces, maid’s quarters with a separate entrance, en-suite bathrooms in all bedrooms, expansive terraces, a spacious garden and a double garage. Prices start at AED2.638 million.

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