Published On: Tue, Nov 22nd, 2016

Sobha Group introduces opportunity to build apartments within Mohammed Bin Rashid City

Apartment plot at Sobha HartlandBy Accommodation Times News Services

Dubai, November 21, 2016: Sobha Group, one of the Middle East’s leading premium real estate developers, has unveiled new land plots for investors within Sobha Hartland – the only fully integrated freehold community on the Dubai Water Canal and in Mohammed Bin Rashid Al Maktoum City.

 

To meet the interest generated from last week’s inauguration of the Dubai Water Canal, this new scheme allows buyers to build apartment buildings in the most in-demand area in Dubai. Nearly 155,000 square feet is reserved for 8 or 12 floor apartment buildings which consist of approximately 130-200 units.

 

What further distinguishes these plots in the market is their neighborhood. As part of Sobha Hartland, these plots are part of an 8 million square foot resort-style community that comprises freehold studios, 1, 2 & 3 bedroom apartments, duplexes, townhouses and 4, 5 & 6 bedroom villas and is surrounded by 2.4 million square feet of greenery – 30% of the entire community.

 

Their location within Mohammed bin Rashid Al Maktoum City and 3 kilometer proximity to Dubai’s hottest attractions makes them one of the most-sought after plots in Dubai.

 

Sobha Hartland also boasts a selection of world-class amenities such as international schools, nurseries, healthcare facilities, swimming pools, tennis courts, yoga centres, gyms, playgrounds, and parks just a stroll away.

 

Mr. PNC Menon, Founder and Chairman, Sobha Group, said: “We are delighted to introduce this new scheme which will enable people to invest in their own piece of premium residential land right in the heart of the city. Surrounded by 2.4 million square feet of greenery and set along the Dubai Water Canal, Sobha Hartland enjoys the unique advantage of prime location backed by over 40 years of expertise. By investing in a plot, it gives an investor the advantage to build and invest in their own 12 floor apartments and benefit from maximum profit. As per recent reports Dubai has climbed to being No. 2 among the world’s cities with ‘most-improved liveability’ and also has been ranked 12th among the Global Best Cities. Investing in Dubai is regarded as a good decision especially with Dubai being the region’s safe haven.”


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