The tower will feature 592-units residential units and 12 retail units
Sobha Realty has unveiled a new residential development within its $4.35bn Sobha Hartland master development at Mohammed Bin Rashid Al Maktoum City in Dubai. Waves is a new 592-unit residential tower and is said to be one of 12 towers the developer plans to build within The Waterfront District.
According to a statement, the tower is the first project in the district and will boast 35 residential floors and 12 retail units. Work on the project has already started and is due for completion in 2023.
“The launch of Waves is an endorsement of the continued health of the real estate sector and reflection of the robust investor confidence in our brand and the immense potential for investments in Dubai,” explained founder and group chairman PNC Menon.
Jyotsna Hegde, president of Sobha Realty said, “Following the phenomenal success of Creek Vistas and Creek Vistas Reserve, the Waves tower is an iconic addition to the Sobha Hartland portfolio and will see the introduction of the Waterfront District within the master development.”
She said that the development’s unique residential offerings and unmatched views of the waterfront promenade that includes a boardwalk corridor ensure the tower will become a destination onto itself and serve as a magnet for residents in the coming years.