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Nakheel launches AED 2.5 bln residential project in Nad Al Sheba

Nakheel launches AED 2.5 bln residential project in Nad Al Sheba
Nakheel has announced launching a new AED 2.5-billion residential project for 1000 villas in Nad Al Sheba. The Company announced awarding the $27-million design and engineering services contract to Dubai-based Arif and Bintoak Consulting Architects and Engineers.

The new project consists of 900 luxury ready-to-rent, three-to-five-bedroom villas, as well as 100 luxury houses, each of which includes a swimming pool and offering space and privacy.

The project is due to be completed in 2016.