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26 April 2024

2-month 'rent-free' offer for Jebel Ali Village villas

Jebel Ali Village homes (SUPPLIED)

Published
By Parag Deulgaonkar

Nakheel, Dubai-based master developer, is offering a two-month rent-free period to renters willing to pay annual rent in a single cheque for villas at Jebel Ali Village.

Rents for two-bed villas range between Dh125,000 and Dh130,000 pa; three beds are Dh130,000 to Dh135,000 pa; four beds Dh135,000 to Dh140,000 pa; five beds Dh140,000 and 145,000 pa while six beds are priced at Dh155,000 and Dh160,000 pa.  The rates include service charges.

A Nakheel customer service officer said that the maximum number of installments would be two with a five per cent discount being offered on singe cheque payment.

Rent-free periods had become a norm two years back when landlords were desperate for renters, but now they are no more to be heard of.

The 290 two- to six-bedroom homes have been refurbished at the cost of Dh50.5 million.

“We are restoring one of Dubai’s oldest and most treasured residential areas, much to the delight of the community’s previous tenants. Many people who lived at Jebel Ali Village before our renovations began have even asked to move back to their original villa or street,” a Nakheel spokesman said.

Jebel Ali Village was built in 1977 to provide accommodation to expatriates who are working on the construction of Jebel Ali Port. Certain parts of the existing village such as the Jebel Ali Recreational Club and the mosque were retained with the central park being expanded to 12 hectares.