Sobha extends Dubai Canal freehold plot scheme
Land plots within the Sobha Hartland community are available for building waterfront villas, G+12 apartment buildings, hotels and hotel apartments
Dubai-based developer Sobha Group has extended the scheme to buy new land plots for investors and end-users within Sobha Hartland Dubai – the only fully integrated freehold community on the Dubai Water Canal and in Mohammed Bin Rashid Al Maktoum City.
Land plots within the Sobha Hartland freehold community are available for building waterfront villas, G+12 apartment buildings, hotels and hotel apartments and owning an exclusive cluster of 13 plots for building villas of one's own design and layout.
This particular exciting scheme is specially targeted for investors, end-users, hoteliers, hotel apartment operators and developers.
One can choose to invest in a plot from nearly 14,399m2 of area, which is reserved for 12 floor apartment buildings and will consist of approximately 250-300 units.
Developers will get the chance to build their own brand of residences within the Sobha Hartland community and have the option of a prime and profitable investment opportunity to maximise their profits by owning a cluster of 13 plots to build and sell villas.
For hoteliers and hotel apartment operators, a single plot of 8,059m2 area is available to build a hotel or hotel apartments under their brand.
End-users can build their villa of their own architecture design, floor plan and interior on the Dubai water canal, choosing a plot from nearly 1,300m2 of premium land.
PNC Menon, founder and chairman, Sobha Group, said: “We are delighted to announce this opportunity which will allow investors, developers and end-users to invest in their own piece of premium residential land right in the heart of the city. By investing in a plot, it gives an investor the advantage to build and invest in their own 12 floor apartments and benefit from maximum profit or enables buyers to build their own abode in Sobha Hartland right next to the newly opened Dubai Water Canal.
"These plots are extremely limited and exclusive to those who want to build their own waterfront villas, apartment buildings or even a hotel or hotel apartments. It’s the only chance to build your dream property in a dreamy location.
"Options to design everything in the new property – from the architecture, to the floor plans to the interior and exterior will be available. Developers can build their own brand of residences within the iconic Sobha Hartland community to maximize their profits. It is bespoke living in the center of everything. There’s quite possibly no other freehold community with such a coveted address.”