Developer says annual rents for four and five bedroom homes at Nad Al Sheba will start at AED118,750
Nakheel has launched the first phase of villas for lease at its new high-end Nad Al Sheba community, with annual rents for four and five bedroom homes starting at AED118,750.
Located just off Sheikh Mohammed Bin Zayad Road, the gated community contains 1,572 Mediterranean and Moroccan style villas, the developer said in a statement.
It added that the Nad Al Sheba community will feature fitness and recreational facilities, including 5km of cycling and jogging tracks, currently under construction, with a community clubhouse, restaurant, pool, gym and sports courts also on the way.
Nad Al Sheba Mall, with 200 shops, restaurants and services, including a supermarket, medical centre, multi-screen cinema and fitness facilities, is also under construction on the edge of the community.
Annual rents, including maintenance, are AED118,750 (one cheque) for a four bedroom, 3,800 sq ft villa and AED128,250 for a five bedroom, 4,100 sq ft home. For multiple cheques, prices are AED125,000 and AED135,000 respectively.