Sobha unveils payment plan for Dubai mixed-use project
DUBAI, March 27, 2016
Sobha Group, a leading real estate developer in India and the Middle East, has announced the launch of an extended payment plan for Sobha Hartland in Mohammed Bin Rashid Al Maktoum City, Dubai, its urban mixed-use development located in the epicentre of Dubai.
This limited duration special payment plan is only on the ultra-contemporary L-shaped villas and modern high-rise apartments, said a statement from Sobha Group.
The payment plan allows investors to pay 50 per cent during construction, 25 per cent six months post-completion and the final 25 per cent instalment 12 months post-completion, it stated.
Sobha Hartland apartment’s attractive prices start from Dh1,520 ($413) per sq ft with the villas starting from Dh2,006 ($546) per sq ft.
The group said some of the units at Sobha Hartland will be ready by December 2017.
Unveiling the payment plan, PNC Menon, the founder and chairman, said: "Sobha Hartland is proving to be one of the most sought-after locations as we have seen a huge demand for the villas and modern high-rise apartments."
"We are confident that the new payment plan will attract more interest in a development that will provide urban living close to the city centre," he stated.
Sobha Hartland comprises ultra-contemporary L-shaped villas with an option of 12 floor-plans, semi-detached villas, townhouses, plots and modern high rise apartments with a huge emphasis placed on space.
"The development will be crafted with the same attention to detail that Sobha developments are renowned for following the group’s mission ‘No shortcuts to quality’," remarked Menon.
Encompassed in the development, residents will have access to two international schools, one currently in operation, nurseries, malls, cafes, tennis courts, yoga centre, swimming pool, clubhouses and spa’s, mosques and healthcare facilities, said the statement from Sobha Group.
The mixed-use development is just a short distance away from the various attractions across Dubai such as the tallest tower in the world, the largest mall in Dubai, Meydan Racecourse; home to the world’s richest horse race, District One 8.4km cycling and running track, Dubai International Financial Centre, dancing and water fountains, world’s longest indoor ski slope, Dubai Country Club, Dubai Equestrian Centre, Dubai One Tower; world’s tallest residential tower and Ras Al Khor Wildlife sanctuary.
The residents will also have easy access to the Dubai Canal and Metro, both of which will envelope Hartland’s low density environment, it added.-TradeArabia News Service