Nad Al Sheba Gardens Phase 5 handover: sell, rent or move in?
Phase 5 is estimated to complete in September 2027 (developer estimate, Meraas sheet), with 20% of the price due on handover. That leaves owners about a year to decide: sell before handover, take the keys and rent, or move in.
When Phase 5 hands over
| Source | What it says (estimate) |
|---|---|
| Meraas Phase 5 and 6 price and payment plan sheet | Estimated completion September 2027 |
| Property Finder (checked 13 Oct 2026) | September 2027 (Q3 2027); 0.55% complete at 10 Jun 2025, the latest progress figure shown |
The developer sheet and the portal agree on September 2027. It is still an estimate: plan around the date on your Meraas handover notice.
All dates are developer or portal estimates, not a confirmed handover date. Meraas confirms the date for each unit in its handover notice.
What is due before and at handover
The original Meraas plan for Phases 5 and 6 was 20% on booking, then 10% (Oct 2024), 5% (Apr 2025), 10% (Sep 2025), 10% (Feb 2026), 10% (Jul 2026), 10% (Dec 2026), 5% (Apr 2027) and 20% on handover.
On that plan, from today (October 2026) the remaining payments are 10% in December 2026, 5% in April 2027 and 20% on handover: 35% of the price. For example, on the median original 3-bed townhouse price of AED 4.82M, 20% is about AED 0.96M. Confirm the amounts with Meraas for your unit.
Source: Meraas Phase 5 and 6 price and payment plan sheetWhat Phase 5 homes are worth now vs launch
See the full table: sizes, price per sq ft and number of sales
| Home type | Registered size | Original price AED / registered sq ft | Resale price (all on record) AED / registered sq ft | Change | Resales |
|---|---|---|---|---|---|
| 3-bed townhouse registered size under 3,000 sq ft | 1,959 sq ft | AED 4.82M 2,382 · 84 sales | AED 5.2M 2,552 | +8% | 15 |
| 3-bed townhouse, larger plot registered 3,000-3,700 sq ft | 3,259 sq ft | AED 4.88M 1,513 · 5 sales | no resales yet | - | 0 |
| 4-5 bed villa registered about 6,000 sq ft | 6,006 sq ft | AED 12.43M 2,065 · 15 sales | no resales yet | - | 0 |
| 5-6 bed villa registered 6,200-7,800 sq ft | 7,096 sq ft | AED 16.43M 2,343 · 37 sales | AED 15.7M 2,203 | -4% | 3 too few to rely on |
| 6-7 bed villa registered 7,800+ sq ft | 9,023 sq ft | AED 21.55M 2,305 · 13 sales | no resales yet | - | 0 |
Original price = median first registered sale. Resale = median genuine resale (previous buyer sold to a new party). Types are grouped by registered size; villa plots of the same size can hold 4 to 7-bed designs, so the label is a range. DLD does not record home type and often registers the plot area rather than the built-up area, so price per sq ft is only comparable within the same type. Confirm the exact type and plan of any home you view.
Over the 12 months to September 2026, Phase 5 owners who resold made a median 10% on what they paid (10 resales, before fees; DLD via PropertyIndex).
Source: Dubai Land Department registered sales via PropertyIndex, medians through September 2026. A median is not your home: see the full Phase 5 page, or compare Phase 6, which shares the same plan and date.
Your three options
1. Sell before handover
The buyer pays you what you have paid so far plus the premium, and takes over the remaining instalments and the handover payment. Meraas sets its own resale conditions, usually a minimum share paid and an NOC fee: confirm with Meraas for your unit.
If you sell before handover, the buyer takes over the remaining 35% on the original plan, including the 20% handover payment.
2. Take handover and rent
Across the whole community, registered rents are about AED 300,000 a year for a 3-bed townhouse or semi-detached home and AED 460,000 to 600,000 for a 4-bed villa (registered Ejari rents via Property Index, October 2026). These are community-wide figures, not Phase 5 alone.
A snagged, documented home leases faster. List it the week you receive the keys.
3. Move in
Book an independent snagging inspection before you sign for the keys: the weeks before handover are the cheapest time to get defects fixed. Contact us four to six weeks before your handover date.
Not sure which way to go?
Send us your villa or plot number. We will check what you have paid against the latest registered sales of the same home type and show you what selling now, renting or moving in would look like.
Diamond Living Real Estate L.L.C., ORN 40446. Ahmed Abouelnasr, BRN 47742. Figures on this page are estimates from registered sales, not a valuation or an offer.
Questions
When does Phase 5 hand over?
The Meraas Phase 5 and 6 payment plan sheet gives estimated completion in September 2027, and Property Finder also shows September 2027. Both are estimates; Meraas confirms the date for each unit in its handover notice.
How much is due at handover in Phase 5?
The original Meraas plan put 20% of the price on handover. Before that, the plan had a 10% instalment in December 2026 and 5% in April 2027. Confirm the amounts with Meraas for your unit.
What are Phase 5 homes reselling for?
3-bed townhouses on the standard plot first sold for a median AED 4.82M and have resold at a median AED 5.2M (15 resales on record, Dubai Land Department via PropertyIndex, through September 2026).
Is it better to sell Phase 5 now or after handover?
Selling before handover means the buyer takes over the remaining instalments and the 20% handover payment, so you do not fund them. Holding means paying them, then renting or moving in. The right answer depends on your cash and plans; send us your villa or plot number and we will compare both for your home.
