Leading property developer Nakheel has launched the Phase One of villas for lease at its new, high-end Nad Al Sheba community, with annual rents for four- and five-bedroom units starting at Dh118,750 ($32,324) and Dh128,250 ($34,910) respectively.

Located just off Sheikh Mohammed Bin Ziyad Road, close to a number of schools, the gated community contains 1,572 Mediterranean and Moroccan style villas, each with large living and dining spaces, maid’s quarters with a separate entrance, en-suite bathrooms in all bedrooms, expansive outdoor terraces, a spacious private garden and a double garage, said a statement from Nakheel.

The Nad Al Sheba community will feature an abundance of fitness and recreational facilities, including 5-km cycling and jogging tracks, currently under construction, encircling the development, with a community clubhouse, restaurant, pool, gym and sports courts 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, have been set at Dh118,750 (one cheque) for a four-bedroom 3,800-sq-ft villa and Dh128,250 for a five-bedroom 4,100 sq ft home, stated the developer.

For multiple cheques, prices are Dh125,000 and Dh135,000 respectively, it added.-TradeArabia News Service

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