Nakheel, one of the largest developers in the UAE, has announced the reconstruction of the historical part of Dubai. Jebel Ali Village will be built up with a complex of premium villas. Elite properties will be located on the hill and planted with greenery. Everything necessary for a comfortable stay will be inside. Sales will start on November 7.
It is planned to build and sell houses in the residential complex in stages. The first line will have villas with four and five bedrooms. Houses will have 6.5-acre land plots. The buildings will be located in one row. The free space can be expanded by building an upper floor.
According to the developer, the district reconstruction will help to increase its investment value and preserve the heritage for future generations. The developer's interest in such real estate as villas stimulates increased demand in the market. In 2021, house and townhouse sales reached record highs, nearly doubling past figures. Sales of luxury villas increased by 36%. And if earlier investors purchased studios and apartments, then more and more potential owners are paying attention to premium detached real estate.
