Company to deliver over two million square feet of built-up area with no delays due to pandemic
Real estate developer Sobha Realty has said it plans to hand over 1,337 units in 2021 at its flagship master development, Sobha Hartland, in Dubai’s Mohammad bin Rashid Al Maktoum City.
The developer said the units set to be completed this year range from studios to five-bedroom villas and “expected handovers include villas within Hartland Estates, and units in Greens Phase III and Sobha Creek Vistas”, with over two million square feet of total built-up area scheduled for handover.
Jyotsna Hegde, president, Sobha Realty, said: “Our targets for 2021 remain optimistic despite the challenges that 2020 presented for the real estate industry and other economic sectors, and we proudly remain (one) of the few developers to face no delays in delivery. We are confident that through our backward integrated model that allows complete control of the construction process, and the fact that we continued on track with our construction schedule last year, that we would be able to complete the planned handovers.
“Our priority at Sobha Realty continues to be the completion of Sobha Hartland and developing homes that are distinguished by our unparalleled quality standards and unique design philosophy. The UAE real estate sector continues to see reforms and positive signals that support the recovery of this vital sector, and we look forward to continuing to play our role in its success.”
Sobha Hartland is an 8m sqft luxury freehold master development situated in Mohammed Bin Rashid Al Maktoum City, overlooking Downtown Dubai. Launched in 2014, key projects within the community include Greens, Creek Vistas, Creek Vistas Reservé, Gardenia Villas, Garden Houses, One Park Avenue and Forest Villas. According to the developer 30% of the project’s total land area is set to encompass a dedicated green cover and open spaces with more than 300 species of plants and trees. There will also be two international schools in the development, as well as retail and F&B amenities, and a boardwalk along the waterfront.