1.2 billion dirhams Nakheel sales of villas during the 6 months

The company has launched the sixth phase of its villas in Nad Al Sheba.

From the source

Nakheel, a real estate development company, announced that it has achieved more than 1.2 billion dirhams in sales of ready-to-live villas since last March, due to the buyers ’interest in real estate investment or the upgrade and expansion of their homes.

The company clarified in a statement yesterday that with the sale of more than 500 homes between March and September 2020, Nakheel will have completely sold its luxury family villas in Al Furjan, while the sixth phase of its luxury villas is currently being offered in “Nad Al Sheba”, after Almost 450 residential units were sold.

"The past six months have witnessed an increase in the sales of high-quality spacious family homes, as investors bought their homes for the first time or moved to a bigger house, taking advantage of the attractive offers and prices," said Nakheel’s chief commercial officer, Aqeel Kazem.

He added that the changes in lifestyle due to the Coronavirus have increased the demand for large indoor and outdoor family living spaces, as buyers have also shown their interest in having their own garden.

It is noteworthy that the "Nad Al Sheba Villas" project, located along Sheikh Mohammed Bin Zayed Road, includes a retail center currently under construction, as it is scheduled to open in the first quarter of 2021, which will include a "Spinneys supermarket", salons for men and women, a restaurant, and a café. A pharmacy, a swimming pool, and a sports court.

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