{
    "entity_type": "real_estate_project",
    "name": "Nad Al Sheba Gardens Phase 2",
    "url": "https://continentalclub.ae/project/nad-al-sheba-gardens-phase-2-nad-al-sheba-1/",
    "language": "en",
    "developer": {
        "name": "Meraas",
        "url": "https://continentalclub.ae/developers/meraas/",
        "registry_name": ""
    },
    "location": {
        "community": "Nad Al Sheba 1",
        "url": "https://continentalclub.ae/location/nad-al-sheba-1/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2390",
        "status": "Ready",
        "completion_percent": 100,
        "inspection_date": "2025-12-08",
        "escrow_bank": "Commercial Bank of Dubai",
        "units_in_registry": 215,
        "inspections": [
            {
                "date": "2023-02-09",
                "completion_percent": 0.4
            },
            {
                "date": "2023-07-18",
                "completion_percent": 0.5
            },
            {
                "date": "2024-05-04",
                "completion_percent": 10.3
            },
            {
                "date": "2025-02-28",
                "completion_percent": 74.08
            },
            {
                "date": "2025-06-09",
                "completion_percent": 87.55
            },
            {
                "date": "2025-09-16",
                "completion_percent": 98.75
            },
            {
                "date": "2025-09-16",
                "completion_percent": 98.75
            },
            {
                "date": "2025-12-08",
                "completion_percent": 100
            }
        ],
        "pace": null
    },
    "commercial": {
        "starting_price_aed": 5500000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 215,
        "handover": "Q4 2024",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": null,
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": {
        "origin": "developer",
        "rows": [
            {
                "type": "Three-bedroom villas",
                "bedrooms": 3,
                "units": null,
                "size_sqft_min": null,
                "size_sqft_max": null,
                "price_from_aed": null
            },
            {
                "type": "Four-bedroom villas",
                "bedrooms": 4,
                "units": null,
                "size_sqft_min": null,
                "size_sqft_max": null,
                "price_from_aed": null
            },
            {
                "type": "Five-bedroom villas",
                "bedrooms": 5,
                "units": null,
                "size_sqft_min": null,
                "size_sqft_max": null,
                "price_from_aed": null
            }
        ]
    },
    "dld_sales": {
        "deals": 326,
        "first_year": 2022,
        "last_year": 2026,
        "median_aed_sqm": 19369,
        "resale_share_pct": 95,
        "yoy_change_pct": 8,
        "deals_last_12m": 47,
        "gross_yield_pct": 4.6,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "3 bedrooms",
                "deals": 20,
                "median_price_aed": 5676000,
                "median_size_sqm": 330,
                "aed_per_sqm": 17200
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-10-16",
        "sales": {
            "records": 326,
            "first_date": "2022-08-26",
            "last_date": "2026-10-12",
            "last_12m": {
                "n": 47,
                "median_price_aed": 6250000,
                "median_aed_sqm": 24145,
                "median_aed_sqft": 2243,
                "resale_share_pct": 100
            },
            "previous_12m": {
                "n": 27,
                "median_price_aed": 6000000,
                "median_aed_sqm": 22367,
                "median_aed_sqft": 2078,
                "resale_share_pct": 89
            },
            "change_aed_sqm_last_12m_vs_previous_pct": 8,
            "by_year": [
                {"period":"2022","n":148,"median_price_aed":3966000,"median_aed_sqm":17935,"median_aed_sqft":1666,"resale_share_pct":100},
                {"period":"2023","n":66,"median_price_aed":9474000,"median_aed_sqm":19659,"median_aed_sqft":1826,"resale_share_pct":100},
                {"period":"2024","n":42,"median_price_aed":5316000,"median_aed_sqm":21288,"median_aed_sqft":1978,"resale_share_pct":67},
                {"period":"2025","n":31,"median_price_aed":6190000,"median_aed_sqm":21238,"median_aed_sqft":1973,"resale_share_pct":94},
                {"period":"2026","n":39,"median_price_aed":6250000,"median_aed_sqm":24715,"median_aed_sqft":2296,"resale_share_pct":100}
            ],
            "by_quarter": [
                {"period":"2022-Q3","n":75,"median_price_aed":3952000,"median_aed_sqm":18690,"median_aed_sqft":1736,"resale_share_pct":100},
                {"period":"2022-Q4","n":73,"median_price_aed":4066000,"median_aed_sqm":17242,"median_aed_sqft":1602,"resale_share_pct":100},
                {"period":"2023-Q1","n":16,"median_price_aed":9474000,"median_aed_sqm":18732,"median_aed_sqft":1740,"resale_share_pct":100},
                {"period":"2023-Q2","n":4,"median_price_aed":9288000,"median_aed_sqm":20296,"median_aed_sqft":1886,"resale_share_pct":100},
                {"period":"2023-Q3","n":23,"median_price_aed":9561000,"median_aed_sqm":19156,"median_aed_sqft":1780,"resale_share_pct":100},
                {"period":"2023-Q4","n":23,"median_price_aed":9220000,"median_aed_sqm":20865,"median_aed_sqft":1938,"resale_share_pct":100},
                {"period":"2024-Q1","n":6,"median_price_aed":5100000,"median_aed_sqm":17973,"median_aed_sqft":1670,"resale_share_pct":100},
                {"period":"2024-Q2","n":11,"median_price_aed":4550000,"median_aed_sqm":19175,"median_aed_sqft":1781,"resale_share_pct":100},
                {"period":"2024-Q3","n":21,"median_price_aed":5424000,"median_aed_sqm":21436,"median_aed_sqft":1991,"resale_share_pct":38},
                {"period":"2024-Q4","n":4,"median_price_aed":11800000,"median_aed_sqm":27036,"median_aed_sqft":2512,"resale_share_pct":75},
                {"period":"2025-Q1","n":7,"median_price_aed":5850000,"median_aed_sqm":20933,"median_aed_sqft":1945,"resale_share_pct":86},
                {"period":"2025-Q2","n":5,"median_price_aed":10900000,"median_aed_sqm":21719,"median_aed_sqft":2018,"resale_share_pct":100},
                {"period":"2025-Q3","n":10,"median_price_aed":5415000,"median_aed_sqm":23815,"median_aed_sqft":2212,"resale_share_pct":90},
                {"period":"2025-Q4","n":9,"median_price_aed":6500000,"median_aed_sqm":19888,"median_aed_sqft":1848,"resale_share_pct":100},
                {"period":"2026-Q1","n":14,"median_price_aed":6350000,"median_aed_sqm":26085,"median_aed_sqft":2423,"resale_share_pct":100},
                {"period":"2026-Q2","n":9,"median_price_aed":6800000,"median_aed_sqm":24385,"median_aed_sqft":2265,"resale_share_pct":100},
                {"period":"2026-Q3","n":14,"median_price_aed":5700000,"median_aed_sqm":25244,"median_aed_sqft":2345,"resale_share_pct":100},
                {"period":"2026-Q4","n":2,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 112,
            "first_date": "2026-01-01",
            "last_date": "2026-10-15",
            "last_12m": {
                "n": 112,
                "median_annual_rent_aed": 345000,
                "median_rent_aed_sqm_year": 1107
            },
            "previous_12m": null,
            "by_year": [
                {"period":"2026","n":112,"median_annual_rent_aed":345000,"median_rent_aed_sqm_year":1107}
            ],
            "by_quarter": [
                {"period":"2026-Q1","n":21,"median_annual_rent_aed":375000,"median_rent_aed_sqm_year":1392},
                {"period":"2026-Q2","n":42,"median_annual_rent_aed":320000,"median_rent_aed_sqm_year":1055},
                {"period":"2026-Q3","n":44,"median_annual_rent_aed":345000,"median_rent_aed_sqm_year":1042},
                {"period":"2026-Q4","n":5,"median_annual_rent_aed":320000,"median_rent_aed_sqm_year":1608}
            ],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-10-14","type":"","bedrooms":null,"area_sqm":140,"price_aed":3857146,"aed_per_sqm":27551,"market":"resale"},
            {"date":"2026-10-12","type":"","bedrooms":null,"area_sqm":175,"price_aed":5500000,"aed_per_sqm":31429,"market":"resale"},
            {"date":"2026-10-12","type":"","bedrooms":null,"area_sqm":358.1,"price_aed":6950000,"aed_per_sqm":19411,"market":"resale"},
            {"date":"2026-10-12","type":"","bedrooms":null,"area_sqm":175,"price_aed":3850000,"aed_per_sqm":22000,"market":"resale"},
            {"date":"2026-09-25","type":"","bedrooms":null,"area_sqm":181.5,"price_aed":4950000,"aed_per_sqm":27270,"market":"resale"},
            {"date":"2026-09-25","type":"","bedrooms":null,"area_sqm":181.5,"price_aed":3960000,"aed_per_sqm":21816,"market":"resale"},
            {"date":"2026-09-21","type":"","bedrooms":null,"area_sqm":420.3,"price_aed":11500000,"aed_per_sqm":27363,"market":"resale"},
            {"date":"2026-09-21","type":"","bedrooms":null,"area_sqm":186.1,"price_aed":3800000,"aed_per_sqm":20418,"market":"resale"},
            {"date":"2026-09-21","type":"","bedrooms":null,"area_sqm":186.1,"price_aed":4880001,"aed_per_sqm":26221,"market":"resale"},
            {"date":"2026-09-10","type":"","bedrooms":null,"area_sqm":372.8,"price_aed":9000000,"aed_per_sqm":24145,"market":"resale"},
            {"date":"2026-09-07","type":"","bedrooms":null,"area_sqm":335.6,"price_aed":6500000,"aed_per_sqm":19369,"market":"resale"},
            {"date":"2026-09-07","type":"","bedrooms":null,"area_sqm":335.6,"price_aed":4550000,"aed_per_sqm":13558,"market":"resale"},
            {"date":"2026-08-12","type":"","bedrooms":null,"area_sqm":86.4,"price_aed":1450000,"aed_per_sqm":16792,"market":"resale"},
            {"date":"2026-08-10","type":"","bedrooms":null,"area_sqm":215.6,"price_aed":5700000,"aed_per_sqm":26434,"market":"resale"},
            {"date":"2026-08-10","type":"","bedrooms":null,"area_sqm":215.6,"price_aed":3705000,"aed_per_sqm":17182,"market":"resale"},
            {"date":"2026-08-05","type":"","bedrooms":null,"area_sqm":256.6,"price_aed":5650000,"aed_per_sqm":22017,"market":"resale"},
            {"date":"2026-08-04","type":"","bedrooms":null,"area_sqm":205.9,"price_aed":3570000,"aed_per_sqm":17342,"market":"resale"},
            {"date":"2026-08-04","type":"","bedrooms":null,"area_sqm":679.2,"price_aed":16150063,"aed_per_sqm":23779,"market":"resale"},
            {"date":"2026-08-03","type":"3 B/R","bedrooms":3,"area_sqm":347.2,"price_aed":6500000,"aed_per_sqm":18724,"market":"resale"},
            {"date":"2026-07-29","type":"","bedrooms":null,"area_sqm":345.4,"price_aed":5550000,"aed_per_sqm":16068,"market":"resale"}
        ],
        "recent_rents": [
            {"date":"2026-10-15","type":"5 bed rooms+hall","bedrooms":5,"area_sqm":679.2,"annual_rent_aed":600000,"aed_per_sqm_year":883},
            {"date":"2026-10-14","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":168,"annual_rent_aed":320000,"aed_per_sqm_year":1905},
            {"date":"2026-10-10","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":186.6,"annual_rent_aed":300000,"aed_per_sqm_year":1608},
            {"date":"2026-10-08","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":175,"annual_rent_aed":300000,"aed_per_sqm_year":1714},
            {"date":"2026-10-01","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":308.9,"annual_rent_aed":400000,"aed_per_sqm_year":1295},
            {"date":"2026-09-25","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":175,"annual_rent_aed":300000,"aed_per_sqm_year":1714},
            {"date":"2026-09-25","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":189,"annual_rent_aed":345000,"aed_per_sqm_year":1825},
            {"date":"2026-09-21","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":335.6,"annual_rent_aed":295000,"aed_per_sqm_year":879},
            {"date":"2026-09-20","type":"4 bed rooms+hall","bedrooms":4,"area_sqm":556.1,"annual_rent_aed":520000,"aed_per_sqm_year":935},
            {"date":"2026-09-15","type":"3 bed rooms+hall","bedrooms":3,"area_sqm":287.5,"annual_rent_aed":360000,"aed_per_sqm_year":1252}
        ],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/nad-al-sheba-gardens-phase-2-nad-al-sheba-1.md",
    "updated_at": "2026-10-16",
    "translations": {
        "en": "https://continentalclub.ae/project/nad-al-sheba-gardens-phase-2-nad-al-sheba-1/",
        "ru": "https://continentalclub.ae/ru/project/nad-al-sheba-gardens-phase-2-nad-al-sheba-1-ru/"
    }
}