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GATED RESIDENTIAL COMMUNITY

Nad Al Sheba .... a gated master-planned residential project
in Dubai.

Nakheel invites bids for $680m Dubai villa project

DUBAI, December 24, 2014

Nakheel, a leading real estate developer, has invited bids for the construction of 1,439 villas at Nad Al Sheba Residential Community, a new gated master-planned project in Dubai, UAE, estimated to be worth Dh2.5 billion ($680 million).

The project has been divided into three packages. The first package involves the development of a total of 489 four and five-bedroom villas, the second comprises 468 villas, while the third consists of 482 villas over an area of 1.2 million sq m.

Located in Dubai’s Nad Al Sheba district, 10 minutes’ drive from Burj Khalifa, the entire development will come up on a sprawling 2.5-million-sq-ft area, with extensive landscaping and communal park areas.

The Nad Al Sheba community will contain a host of onsite facilities for all residents, including a clubhouse and retail centre with shops, cafes, a community pool and sports courts, said the developer in its statement.

The villa project includes 100 high-end, serviced residences to be managed by a renowned hotel operator as part of its leasing, hospitality and retail business expansion strategy.

Residents and guests at the separate, 100 serviced villa complex will have exclusive access to an additional range of high-end facilities and services, an onsite health club with spa, wellness centre and lap pool, a restaurant, in-villa private dining and housekeeping and laundry services.

Residents will also enjoy exclusive access to Nakheel’s beach facilities on Dubai’s Palm Jumeirah as well as daily transport services to the city’s malls and attractions.

Nakheel chairman Ali Rashid Lootah said: “Nakheel’s new residential and resort-style community at Nad Al Sheba will further enhance our growing leasing, hospitality and retail offerings, all of which are key to our long term business strategy."

The last date for submitting the tenders is January 25, 2015, said the statement.-TradeArabia News Service




Tags: nakheel | villa |

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