05 March 2015
Handover underway at sell-out villa project

Dubai - Nakheel has delivered 90 new villas at Jumeirah Village Circle (JVC) in Dubai, with construction complete and the first residents expected to move in next month, the developer has announced.

The sell-out Jumeirah Village Circle Villas project - launched in December 2013 and sold for a combined value of AED275 million - consists of 90 homes built in a circular pattern at the heart of Nakheel's JVC master community. Landscaping work is underway.

The four bedroom villas each cover 3,655 square feet, and feature extensive indoor and outdoor living space, including an expansive roof terrace.
 
The Jumeirah Village Circle Villas project is among a range of Nakheel-constructed developments at JVC, including 615 villas and townhouses, which were delivered in 2013, and the one million sqft Circle Mall, a new retail, dining and entertainment hub due for completion in 2017.

Nakheel is also bringing 28 landscaped parks to JVC, as part of its commitment to enhancing the community.  Features include a variety of flora and amenities, such as plants indigenous to the UAE, jogging tracks and children's play areas.  Two parks are complete, with landscaping and design work underway on the rest.

Jumeirah Village Circle spans almost 570 hectares, with a projected population of more than 250,000 people.  Almost 100 third party developers' buildings are already complete at the community, with another 320 at various stages of design and construction.  As master developer, Nakheel has completed allinfrastructure, including roads and streetlights, at JVC, and handed over plots to third party developers, who construct their individual projects to their own timelines.

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About Nakheel
Nakheel is one of the world's leading developers and a key player in realising the vision of Dubai for the 21st century: creating a world class destination for living, business and tourism. Nakheel has delivered - and continues to enhance - an iconic portfolio of innovative landmark projects in Dubai across a range of sectors including residential, commercial and leisure.

Nakheel's current portfolio of master developments in Dubai includes Palm Jumeirah, The World, Deira Islands, Jumeirah Islands, Jumeirah Village, Jumeirah Park, Jumeirah Heights, The Gardens, Discovery Gardens, Al Furjan, Warsan Village, International City and Villas at Nad Al Sheba. Together, these span more than 14,000 hectares and provide homes for over 200,000 people.

Nakheelretail developments include Dragon Mart, Ibn Battuta Mall, Nakheel Mall, The Pointe at Palm Jumeirah, Deira Islands Mall, Jumeirah Village Triangle Mall, The Circle Mall and a growing number of neighbourhood malls. Nakheel is also developing hotels at Palm Jumeirah, Deira Islands, Ibn Battuta and Dragon Mart.

www.nakheel.com

Media contact: Rebecca Rees on +971 4 375 9702 (Rebecca.rees@nakheel.com)

© Press Release 2015