Dubai-based developer Sobha Realty announced on Sunday the launch of Phase III of the Tranquillity plots which comprise 19 plots for customised villa development in the free hold Sobha Hartland master development located in Mohammed Bin Rashid Al Maktoum City, Dubai
 
The waterfront and forest plots plots range in size from 6,000 square feet to 8,000 square feet, the developer said in a press statement.
 
The statement said the developer had sold out 40 plots offered as part of Phases I and II
 
Jyotsna Hegde, President of Sobha Realty, said, “The COVID-19 pandemic has transformed the way people live while creating a need for more space indoors and an appreciation for outdoor areas. This has resulted in a significant increase in our sales – particularly for our customised villa development offering."
 

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Jyotsna Hegde, President of Sobha Realty

Data Finder, the real estate insights and data platform under the Property Finder Group, had reported a huge interest in villas and townhouses in Mohammed bin Rashid Citywhich accounted for 11.5 percent of all sales in March 2021, according to an April 2021 report by Zawya.
 
She added that buyers can build their homes as per their requirements and preferences.
 
The eight million square feet Sobha Hartland is expected to be completed in 2025.
 
(Writing by Nadim Kawach; Editing by Anoop Menon)
 
(anoop.menon@refinitiv.com)
 
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