With a project value of US$4 billion, Sobha Hartland spanning 8 million square feet is the greenest community under development in the heart of Dubai
Dubai-UAE: Sobha Realty, the international luxury real estate developer and the only backward integrated company of its kind, will spotlight its master development Sobha Hartland at this year’s edition of Cityscape Global 2019.
Launched in 2014, the luxury freehold master development situated in Mohammad Bin Rashid Al Maktoum City overlooking Downtown Dubai, has delivered key projects including Hartland Greens, Creek Vistas, Gardenia Villas, Garden Houses, One Park Avenue and Forest Villas.
The 2019 edition of Cityscape Global, the largest real estate investment and development event held annually, set to run from 25 to 27 of September at the Dubai World Trade Centre, is expected to attract over 34,000 visitors. Sobha Realty will launch new marketing projects and offer updates on its portfolio of projects from stand number H3-E10 at Cityscape Global which will highlight the sustainability and green proposition of Sobha Hartland.
Speaking on Sobha Realty’s 2019 outing at the landmark real estate and property event, Mr. PNC Menon, Founder and Chairman of Sobha Group, said: “Our participation at Cityscape Global reinforces our faith and confidence in the country’s robust real estate sector. This year marks the official unveiling of our Sobha Hartland master development. Visitors will be able to witness our philosophy of urban design, which is well reflected in the diverse elements of our public and private spaces. Sobha’s passion for perfection has enabled the company to successfully deliver a variety of projects ranging from one-bedroom apartments all the way up to six-bedroom villas.”
He added: “Our achievements to date have been possible owing to the extensive support we have received from the visionary UAE leadership over the years. The consistent support for the real estate sector, witnessed in the recent changes in ownership policies and the introduction of Golden Visas for long-term investors, has seen new money entering the market – further driving the growth trajectory of the resurgent property sector.
“As a leading developer with a strong heritage and culture of growth, Sobha Realty is strongly positioned as a distinct contender in its class in the UAE through providing highly tailored and unique offerings to its customers. We are proud to share that all stakeholders – whether they are our suppliers or customers – have come to expect premium quality products and uniquely crafted bespoke designs from Sobha Realty.”
Boasting sustainability and urban design as core elements, Sobha Hartland was conceptualised to redefine new-age living. The development has ensured the energy efficiency of public spaces through the use of LED lights. In addition, 30 per cent of the total land area encompasses a dedicated green cover with some 300 species of plants and trees - creating a tranquil vibe. The master development also offers its residents the convenience of two international schools, as well as a selection of retail and F&B amenities and a boardwalk along the canal.
In 2019, Sobha Realty has so far witnessed remarkable growth in investments from international clients, notably Chinese investors, who have contributed investments valued at AED500 million, followed by Indians and Saudi investors. The record performance by Sobha Realty is attributed to sell out projects, such as the most recent One Park Avenue launched Q2 2019. Sobha Realty achieved an AED1 billion sales revenue in H1 2019, reaching the half way mark of its AED2 billion target for the year.
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