The project continues to attract a diverse international buyer base, with representation from Indian (26 per cent), European (15 per cent), American (8 per cent), Turkish (6 per cent), and Iranian (4 per cent) investors
This initiative builds on Sobha Realty’s broader investment in immersive digital technologies that are reshaping luxury real estate engagement
At 450 metres, Sobha SkyParks will feature 109 floors, offering panoramic views of Sheikh Zayed Road, the Palm Jumeirah, and the Arabian Gulf
This progressive policy far exceeds the UAE Labour Law requirement of 60 days and sets a new benchmark in the private real estate sector
Dubbed Sobha Central, the landmark project will feature 1,225 new one- and two-bedroom residences housed within its first tower
The developers included in this agreement are Emaar Properties, DAMAC, Binghatti Properties, Aldar Properties, Sobha Realty, Azizi Developments and Danube
The company’s full-year net profit jumped by 7 per cent year-on-year to Dhs1bn in 2022 while its revenues reached Dhs2.8bn
The MD of Sobha Realty shares how the property developer is leveraging the positive trends in the market to benefit both its business and buyers
The Roads and Transport Authority made the announcement on Monday