Page 48 - Magazine March 2021

Properties
Sobha
Realty
targets
1337 handovers
for 2021
Sobha Realty, the leading premium real estate able to complete the planned handovers.
developer, today announced its plans to hand over “Our priority at Sobha Realty continues to be the
1337 units in 2021, at its flagship master development completion of Sobha Hartland and developing homes that
Sobha Hartland in Mohammad bin Rashid Al Maktoum are distinguished by our unparalleled quality standards
City in the heart of Dubai. The units set for completion and unique design philosophy. The UAE real estate sector
within the year include a number of configurations continues to see reforms and positive signals that support
ranging from studios to five-bedroom villas, spanning the recovery of this vital sector, and we look forward to
the variety of residential offerings the destination has continuing to play our role in its success.”
to provide. Expected handovers include villas within Sobha Hartland is an eight million sq. ft. luxury
Hartland Estates, and units in Greens Phase III and freehold master development situated in Mohammed
Sobha Creek Vistas. The total built up area scheduled Bin Rashid Al Maktoum City, overlooking Downtown
for handover is over 2 million sq. ft. Dubai. Launched in 2014, key projects within the
Speaking on the announcement, Jyotsna Hegde, community include Greens, Creek Vistas, Creek
President of Sobha Realty, said: “Our targets for Vistas Reserve, Gardenia Villas, Garden Houses, One
2021 remain optimistic despite the challenges that Park Avenue and Forest Villas. The development is
2020 presented for the real estate industry and other distinguished by its serene vibe, with 30 per cent of
economic sectors and we proudly remain of the the total land area set to encompass a dedicated green
few developers to face no delays in delivery. We are cover and open spaces with more than 300 species
confident that through our backward integrated model of plants and trees. Sobha Hartland also offers its
that allows complete control of the construction residents the convenience of two international
process, and the fact that we continued on track with schools, as well as a selection of retail and F&B
our construction schedule last year, that we would be amenities, and a boardwalk along the waterfront.
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Contractors News
Al Habtoor launches luxury residential tower for sale
Al Habtoor Group has announced the sale of its along Sheikh Zayed Road. “It is an unrivalled lifestyle
73-storey Amna Tower, part of The Residence destination with exceptional facilities. Residents get
Collection at Al Habtoor City, and the last property in the benefit of having three international hotels within
the group Residence Collection. Al Habtoor City. And enjoy La Perle the unforgettable
Located at the Dubai Water Canal banks, the premium aqua show,” he explained.
development boasts 537 luxury units, including four “The residential community has exclusive access
ultra-luxury penthouses. Located within an area of to first-class amenities, which include the largest
92903 sqm. The Residence Collection consists of swimming pool and leisure deck in the UAE, a state-
three luxurious residential towers – Noora, Amna and of-the-art gym, two luxury spas, multiple restaurants
Meera, with a total of 1,460 luxury apartments within and cafés, the Al Habtoor Tennis Academy – which
the three high-rise buildings. includes an indoor tennis court for year-round play,
Commenting on the sale, Khalaf Ahmad Al Habtoor, and an RTA marine stop on the Dubai Water Canal,” Al
founding chairman, said: “I am pleased to report that Habtoor added.
during the pandemic, we have witnessed a healthy Additionally, he noted that residents will also benefit
demand for real estate within our portfolio, from local from three five-star hotels within the Al Habtoor City
and international investors alike. Investors trust in complex, La Perle, the region’s first permanent aqua
the value of Dubai real estate, especially those with a show exclusively choreographed for the complex,
high-quality finish and prime locations.” and The Atrium and the Boulevard, the vibrant dining
Al Habtoor said it was a unique project, thanks to epicentres of the complex with a range of international
its location, directly on The Dubai Water Canal and dining options.
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