Apartments for rent in Al Nakheel

Al Nakheel, which means palm tree in Arabic, is an exclusive area in The Greens that is based on a collection of 4 spectacular apartment buildings. These buildings are a mixture of low to mid-rise buildings that offer high-end apartments. Situated along the Sheikh Zayed Road, The Greens is one of those properties in Dubai that has easy access to almost all shared facilities inside and outside the community. The Greens is one of those first few freehold housing projects in Dubai that provide the highest standard of living. When we talk about Al Nakheel, it is a sub-community within The Greens that has over 200 residential units available for rent and sale.

Types of Apartments in Al Nakheel

The captivating residential complex of Al Nakheel is made up of 212 beautiful flats that are distributed along the 2nd and 3rd Street. Across from the Green Village are Al Nakheel 1, Al Nakheel 2, Al Nakheel and Al Nakheel 4 that have a collection of studio apartments alongside 1, 2 and 3-bedroom units. These units are established in complexes that have high-speed elevators, a 24-hour maintenance service, security services and support staff. The apartments for rent in Nakheel are fairly large and spacious because if we consider 1-bedroom apartments in Al Nakheel, they are about 22% bigger than the average property in the entire community. This makes the average plot range for a single-bed unit around 926 sq. ft. Similarly, for a 2-bedroom residential unit, the average area is around 1,400 sq. ft. while for a 3-bed unit, the living space ranges between 1,600 sq. ft. and 2,000 sq. ft.

Rent Price Trend for Apartments in Al Nakheel

The rent price trend for 3-BHK in Al Nakheel is almost the same as it is for almost every other 3-bed unit in The Greens. According to rent evolution, the decline of almost 14% has decreased the AED/year value to AED 135,000 as of October 2018 even though the average rent range is still between AED 140,000/year and AED 160,000/year.  If we consider a single-bed unit then their rent would cost 14% more than other 1-bed units in the community. This is due to how big these apartments are.  because of their large area. Their rent range value starts at around AED 80,000/year and goes up to AED 95,000/year. Subsequently, the average amount for an Al Nakheel apartment with 2 bedrooms and 2 bathrooms is AED 110,000/year.

Highlights of Al Nakheel

The in-community highlights include features such as covered parking spaces, kitchen appliances, built-in wardrobes, view of the pool from the balcony, a study (if it’s a 3-bedroom apartment), pet-policy, tracks for jogging, fitness centres and community gyms, gardens, BBQ areas and community pools. Larger units have a separate dining area, a semi-opened kitchen, tiled floors, storage area, and a laundry room. Some rental apartments in Al Nakheel are furnished, depending on the real estate which is offering the deal. The best thing about this community is that it is close to other beautiful scenic locations like The Lakes and The Views.