Nad Al Sheba Gardens Phase 7 by Meraas: Nearly AED 1 Billion Contract Awarded in 2026

Meraas has signed a construction contract for Nad Al Sheba Gardens Phase 7 covering 130 villas with 4, 5, 6 and 7 bedrooms and 142 townhouses with 3 bedrooms. The contract also includes pool houses, utilities and infrastructure works, and it is larger than the Phase 4 contract Meraas awarded in 2025.

Nad Al Sheba Gardens Phase 7 Construction Update

Meraas has confirmed that construction has already started on site. Before booking, ask the developer in writing which construction package covers your unit. Do not accept verbal confirmation.

Nad Al Sheba Gardens Contracts Timeline, 2025 to 2026

Nad Al Sheba Gardens Phase 4 Handover Date

Nad Al Sheba Gardens Phase 4 targets completion in Q1 2027, which means its homes reach the market just over a year before Phase 7. Buyers comparing the 2 phases should weigh the earlier handover against the unit types and prices on offer in each.

Nad Al Sheba Gardens Location

Meraas places Nad Al Sheba Gardens close to Downtown Dubai, Meydan Racetrack and Dubai International Airport.

The Phase 7 award lowers the risk of a stalled project but does not guarantee the handover date. A contractor appointment fixes who builds the homes and sets the construction budget. It does not remove weather, supply or labour delays, so plan your finances around the contract terms, not the brochure.

Nad Al Sheba Gardens Phase 7 Escrow Account Protection

Off-plan payments in Dubai  by Nad Al Sheba must go into a project escrow account under Law No. 8 of 2007 (RERA records). Developers draw from that account against certified construction progress, so instalments are tied to physical building rather than sales targets. Match the escrow account in your sale agreement with the one registered for the project.

Nad Al Sheba Gardens Phase 7 Construction Progress

Buyers can check a project's registration and completion percentage in the Dubai REST app, which carries official DLD project status data. The data shows progress in stages, so compare the figure each quarter rather than relying on a single reading.

Nad Al Sheba Gardens Phase 7 Payment Plan

The Phase 7 contract announcement does not include a payment plan. Ask Meraas for the current plan in writing, and check that each instalment is linked to a construction milestone rather than a fixed calendar date.

Buy, Do Not Buy or Walk Away

• Buy if you want a finished family villa or townhouse and can hold until handover without rental income.
• Do not buy if you need rent from the property within the next 2 years. Ready homes elsewhere in Nad Al Sheba fit that goal better.
• Walk away if the seller cannot show an Oqood registration for the exact unit you are paying for.

Owners in Nad Al Sheba Gardens face more competition for resale and rental stock once Phase 4 completes and Phase 7 follows. All new supply in both phases is 3 bedroom townhouses and villas of 4 bedrooms or more, the same unit types current owners already hold.

Nad Al Sheba Gardens Villa Rent

Landlords renewing leases in 2027 and 2028 will compete with first lets from new handovers. Check the RERA Rental Index for the Nad Al Sheba area before setting a renewal rent, and judge demand from registered Ejari contracts, not listing prices.

Nad Al Sheba Gardens Service Charge

Owners taking handover should budget for service charges from the first year. Check the approved rate for your cluster on Mollak once it is published, rather than relying on an estimate from a sales agent.

Nad Al Sheba Gardens Villa Prices for Resale

Sellers planning to exit before the new phases complete should compare their asking price with recent DLD transactions in Nad Al Sheba. Off-plan launch prices are a weak guide because they include payment plan terms that resale buyers do not get.

NRI and expat buyers should treat Nad Al Sheba Gardens Phase 7 as a 2028 asset, confirm the freehold status of the unit in the Oqood record, and check Golden Visa eligibility against the purchase price. Meraas describes the community as appealing to local and international buyers (Meraas announcement, September 2026).

Golden Visa Dubai Property Value and Buyer Costs

Remittance Rules for Indian Buyers

NRIs paying from NRE accounts are not bound by the LRS limit that applies to resident Indians. Construction-linked instalments can help resident Indian buyers stay within the yearly cap.

AED to INR Currency Risk for Off-Plan Buyers

The dirham is pegged to the US dollar at 3.6725 (Central Bank of the UAE), so buyers earning in rupees carry rupee to dollar currency risk across the instalment period. A build window of under 2 years means several payments fall at exchange rates you cannot fix today.

The Phase 7 contract changes the build timeline, not the rules that protect buyers in every Dubai off-plan purchase. Sale agreements already signed keep their agreed price and payment schedule, and the escrow protection covered in section 2 applies in full.

Oqood Registration for Nad Al Sheba Gardens Units

Every off-plan unit needs Oqood registration with DLD, and the transfer fee applies at the rate DLD sets. The registration process is the same as for any other Dubai off-plan home.

Completion Clauses and Delay Remedies

Handover dates in sale agreements can include grace periods. Read the completion clause and the delay remedies in your contract before paying, not after, and keep written copies of every payment receipt.

Meraas links the Phase 7 award to buyer demand, and DLD data supports that claim for the years up to 2025. The pace of growth, however, has changed since the 2022 jump.

Meraas and Contractor Statements on Phase 7

Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said the award reflects "continued demand for premium master-planned residential communities in Dubai" (Meraas announcement, September 2026). Bipin Chandran, CEO of the contractor, said his team would deliver the phase with precision and close attention to detail.

Dubai Property Transactions Data, 2022 to 2025

Source: DLD records, annual results for 2022 to 2025. Verify the latest figures via DLD open data before using them in an investment decision.

The 2022 rise was the largest in the series, and annual growth then settled at about 20% for 3 years in a row. Transaction counts rose from more than 166,400 in 2023 to 226,000 in 2024 (DLD records). Full-year 2026 figures are not yet published, so do not assume the 2025 pace continues.

Meraas Properties in Dubai

Meraas Properties is a Dubai master developer founded in 2007 and now part of Dubai Holding Real Estate, alongside Nakheel and Dubai Properties. Its portfolio includes City Walk, Bluewaters Island, La Mer, Port de La Mer, Jumeirah Bay Island, Dubai Design District and Madinat Jumeirah Living, and its current launches include City Walk Crestlane.

Run these checks before paying a booking amount or the next instalment on any Nad Al Sheba Gardens unit. This is non-negotiable due diligence, and each step takes less time than recovering money from a disputed contract.

1. Get the Oqood registration number for your exact unit and check it in the Dubai REST app.
2. Ask Meraas in writing whether Phase 4 or Phase 7 covers your home.
3. Get the current payment plan in writing and check each milestone.
4. Check the delay remedies in the sale agreement.
5. Confirm with your bank that each overseas transfer meets remittance rules.
6. Check the RERA Rental Index before building rental income into your plan.