Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Business

Nakheel starts handover of 892 homes at redeveloped Jebel Ali Village

Dubai developer Nakheel has started handing over 892 villas and town houses at the redeveloped Jebel Ali Village near Ibn Battuta Mall, more than four years after the community’s original 290 homes were demolished. The 80-hectare development will accommodate about 5,500 residents and will feature cycling routes, parks, a children’s play area and community centre, Nakheel said on Monday. “Jebel…

Nakheel starts handover of 892 homes at redeveloped Jebel Ali Village

Dubai's Nakheel has begun the handover of 892 villas and townhouses at the redeveloped Jebel Ali Village near Ibn Battuta Mall, a project that has taken more than four years to complete. The 80-hectare development is set to house approximately 5,500 residents and offers amenities such as cycling paths, parks, a children's play area, and a community center.

Jabal Ali Village, one of Dubai's earliest residential areas, initially comprised 290 homes for port workers, which were demolished in 2022 following a 12-month notice from the developer.

Khalid Al Malik, CEO of Dubai Holding Real Estate, praised Jebel Ali Village for its enduring appeal and strong community spirit. The new township builds upon the area's heritage while contributing to its ongoing development as a well-connected, family-oriented neighborhood. The townhouses range from 268 to 315 square meters and include features like terraces, en-suite bathrooms, built-in wardrobes, maid's rooms, laundry rooms, and two-car garages for parking.

The four-bedroom villas, averaging 641 square meters, consist of four bedrooms, while the five-bedroom villas, averaging 706 square meters, have five bedrooms. Despite the ongoing uncertainty in the UAE real estate market, driven by the Iran war, the project remains on track. Sales prices in Dubai increased by 2% annually in the second quarter, but fell by about 4% compared to the previous quarter.

By the end of 2026, Nakheel anticipates delivering around 32,000 residential units, bringing the total to approximately 55,600 for the year – the highest annual delivery volume since 2008.

Written by urgent.news from The National Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thenationalnews.com →

More in Business

More from Monday 17 August →