600 million dirhams, sales of “palm trees” within 4 months – Economy – Local


Nakheel Real Estate Development Company has announced that it has sold about 250 properties with a total value of more than 600 million dirhams during the past four months due to the high demand for ready-to-move residential villas.
The “Nakheel” villas for families in Nad Al Sheba were topped the buyers list, as the third stage that includes ready-to-move villas has now been launched, after the first and second phases were sold last June.
The number of villas that Nakheel has sold in Nad Al Sheba has reached 205, so the retail and community entertainment center is slated to open in the first quarter of 2021.
Also, “Nakheel” witnessed a huge increase in the demand for villas in “Al Furjan”, as 36 villas ready to move in were sold since last March, and there are only a few villas located in the most recent completed stages.
The chief executive of commercial affairs at Nakheel, Aqeel Kazim, confirmed that the numbers speak for themselves, pointing out that investors are looking to get quality homes ready for housing, as they found that they have an opportunity to upgrade and expand their housing, benefiting from attractive offers and prices.
He explained that after the completion of the sale of the first and second stages of “Nad Al Sheba Villas”, the company is now selling for the third stage on a daily basis and will launch more prefab homes for housing throughout the year, considering that the active and strong sales that have been achieved despite the difficult conditions resulting from the pandemic ” Covid-19 “comes to reflect investor confidence in the Dubai real estate sector and in the projects and brand” Nakheel “.

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