Sobha Realty, one of the main luxury real estate developers in the UAE, has introduced a huge fulfillment of the all-time excessive income of AED 15.5 billion in 2023. This high-quality feat demonstrates the surging demand for Sobha Realty’s excessive-stop residential and commercial homes.
Sobha Realty witnessed a massive 51% boom in sales across its diverse portfolio in Dubai in the previous 12 months. The company attained its bold sales target of AED 15 billion in 2023. It is now putting its sights on attaining AED 20 billion for 2024.
The steady, high-quality, well-timed delivery and purchaser-centric technique of Sobha Realty drive this incredible overall performance, regardless of market challenges. The splendid sales growth has enabled Sobha Realty to seize about a 10% share in Dubai’s real estate market during 2023.
Sobha Realty Commitment
Sobha Realty handed over 1819 units across 2 completed projects in 2023 before their due date. The timely delivery of projects has been viable because of Sobha Realty’s dedication to operational performance.
The company has additionally been actively increasing its worldwide footprint via great marketing efforts in key global markets. The release of initiatives along with Sobha Hartland 2 and Sobha Seahaven Sky Edition in 2023 has attracted interest from investors and quit-users alike.
Powerful Brand Campaign Drives Brand Recall
In 2023, Sobha Realty undertook a strategic initiative by launching its first corporate brand campaign, “The Art of The Detail.” It showcases the agency’s consciousness of pleasant craftsmanship. According to brand health research conducted amongst real estate intenders, Sobha Realty emerged as the 2nd most recalled real estate brand in 2023.
The visionary leadership of Mr. PNC Menon, founder and chairman of Sobha Group has guided the fantastic performance. Commenting on the achievements, he stated:
“We are delighted to conclude 2023 on a high note, attaining record-breaking sales and establishing strategic partnerships that will shape the future of Sobha Realty. The exceptional growth reflects our steadfast commitment to delivering high-quality properties. As we step into 2024, our focus remains on adapting to evolving market trends and elevating the quality of our services, further ensuring a continuation of our upward trajectory in the dynamic real estate landscape and realising our vision to be a global real estate brand.”
Strategic Partnerships To Power Future Growth
Sobha Realty also established strategic partnerships in 2023. This helps in future growth trajectory. In line with plans to decorate its global enchantment, Sobha Realty partnered with IIFA 2023 to cater to the global Indian audiences.
The corporation additionally marked an important multi-year partnership with the renowned Arsenal Football Club to extend its outreach globally. Furthermore, the retaining organization PNC Investments secured credit ratings of BB- from S&P and Ba3 from Moody’s in 2023, highlighting its financial strength.
Sobha Realty’s Record USD 300 Million Sukuk Issuance
The successful $300 million Sukuk issuance in 2023 enabled Sobha Realty to attract a wide range of investors from across the globe. Another notable achievement was the Guinness World Record for creating the ‘largest helmet mosaic formed by people’ depicting the UAE flag..
The tremendous effects validate Sobha Realty’s dedication to being a world-magnificence luxurious developer driven by quality, transparency and consumer centricity. Overall, 2023 marked a watershed of 12 months for Sobha Realty, with several milestones completed throughout income, partnerships, global advertising and marketing, and overall monetary performance.
Showcasing Sobha Realty’s Flagship Communities
An extensive share of Sobha Realty’s sales in 2023 can be attributed to 2 flagship grasp-planned groups – Sobha Hartland and Sobha Hartland II. Located along the Dubai Water Canal, those communities exemplify Sobha’s hallmarks of quality living through meticulous planning and attention to detail.
Sobha Hartland
Launched in 2014, the $4 billion mixed-use Sobha Hartland complex is located in the heart of Dubai. In Mohamed bin Rashid Al Maktoum City’s resort-style luxury housing project, which spans 8 million square feet of freehold community, 30% (2.4 million square feet) of the area is set aside exclusively for flora.
Ranging from studios to 3-bedroom apartments, Sobha Hartland flats are offered for rent and sale. This project also offers luxury duplexes spanning around 1,500 sq. ft. to 4,000 sq. ft. Some of these are pool-facing units. Some of these even have pool views. Another well-liked building to purchase duplexes in Dubai is The Terraces in Sobha Hartland.
Villas in Sobha Hartland
For the ones looking for steeply-priced living areas, Sobha Hartland offers 3, 4, 5 and six-bedroom villas. The lavish villas have constructed-up areas starting from 5,828 to 9,019 rectangular feet. You can experience facilities like non-public pools, landscaped gardens, BBQ areas and picturesque waterfront perspectives.
The villa options include:
- Sobha Gardenia Villas
- Sobha Hartland Forest Villas
- Sobha Water Canal Villas
- Sobha Garden Houses
Apartments In Sobha Hartland
You can pick from elegantly designed 1, 2, 3 and four-bedroom flats at Sobha Hartland. The residences range from 903 to 2,062 square feet in size.
Some of the popular condo selections are:
- Waves
- Waves Grande
- The Crest
- Creek Vista Grande
- Crest Grande
Unparalleled Amenities At Sobha Hartland
Sobha Hartland offers an extensive array of way of life amenities for residents consisting of:
- Luxury retail centre
- International schools
- Healthcare facilities
- Restaurants
- Nursery
- Luxury spa
- Fitness centre
- Yoga Studio
- Tennis courts
- Swimming pools
- Parks & play areas
- Jogging & cycling tracks
The handy place offers clean access to Downtown Dubai , Dubai International Airport and other points of interest. The community is frequented by joggers, cyclists and families appreciating the expansive open areas and waterfront access.
Sobha Hartland II
In response to the amazing achievement of Sobha Hartland, the developer launched Sobha Hartland II in 2022 as a part of the following section of the master development. Ultra-luxury is the benchmark for the gated community, which will consist of both villa and apartment complexes as well as 90 acres of green land.
Spanning eight million square toes, Sobha Hartland II will seamlessly amplify the present community along the Dubai Water Canal. The venture is targeted around highly-priced residing, sustainability, fitness and wellness.
Apartments in Sobha Hartland II
Elegantly designed 1, 2, 3 and 4-bedroom flats are available throughout eight low-upward push buildings in Sobha Hartland II. The devices vary from 925 to 2,174 rectangular feet in size.
Some of the apartment options include:
- 360 Riverside Crescent
- 350 Riverside Crescent
- 340 Riverside Crescent
- 330 Riverside Crescent
- 320 Riverside Crescent
- 310 Riverside Crescent
Villas in Sobha Hartland II
For spacious residing, Sobha Hartland II offers 3, four and 5 bedroom luxurious villas. Built throughout two levels, the villas have sizes ranging from 4,100 and one to 7,708 square ft.
The villa picks include:
- Sobha Estates
Unparalleled Amenities at Sobha Hartland II
Residents of Sobha Hartland II can get entry to the present facilities at Sobha Hartland together with extra facilities, including:
- Retail and F&B promenade
- Luxury wellness club
- Green spaces & parks
- Community gardens
- Play areas & splash pads
- Jogging & cycling tracks
- Skate park
- Lakeside promenade
- Beaches & water activities
Sobha Hartland II is strategically situated alongside the Dubai Water Canal and is surrounded by several key points of interest. The network offers convenient access to Downtown Dubai, Dubai Mall, airports, and essential street networks.
With its serene waterfront setting, luxurious houses, and superb amenities, Sobha Hartland II aims to deliver a remarkable lifestyle just minutes from the town. You can experience the ideal stability of natural tranquillity, city convenience and high-cease residing.
Top Sobha Realty Projects Driving Sales
In addition to the flagship Sobha Hartland communities, several other developments by Sobha Realty contributed significantly to the record 2023 sales performance.
Sobha Reserve Villas
Located in Wadi Al Safa, Sobha Reserve Villas comprises 300 extremely luxurious villas with modern architecture. It offers spacious 4- to 5-bedroom layouts ranging from 4,983 – 7,140 Sq.ft.
This one-of-a-kind community gives a tranquil break from town existence while remaining well-linked to key regions. The project gives homeowners a selection of resort-style amenities.
Golf Ridges
Situated near the Ras al Khor Wildlife Sanctuary, Golf Ridges offers 4 & 5 Bed Apartments. You can pick out from elegantly designed 2, 3 and four-bedroom apartments. This development allows convenient entry to buying malls, schools, and other services along Al Khail Road. You can enjoy views of the golf course and the city skyline.
Sobha One
At Sobha One in Mohammed Bin Rashid Al Maktoum City, Sobha can provide top rate 1, 2, 3 and 4-bed luxury apartments spanning 537 – 2,562 sq. ft. The homes feature high-end finishes, smart home features, and views of the canal and cityscape.
You can get the right of entry to facilities like retail shops, cafes, a gym, a swimming pool and a nursery within the improvement. The place offers easy connectivity to Downtown Dubai, Dubai Mall and the past.
360 Riverside Crescent
As a part of Sobha Hartland II, 360 Riverside Crescent offers elegantly designed 1 to 2-bed room waterfront flats. Spanning 609 – 1,098 sqft, those homes function with spacious layouts and ground-to-ceiling windows with canal perspectives. It offers many lifestyle services of Sobha Hartland II even as enjoying the natural serenity of the network.
Sobha Realty’s Ongoing Success
With its remarkable performance in 2023, Sobha Realty has demonstrated resilience and the capability to adapt to evolving market developments. As a frontrunner in growing luxurious houses, Sobha Realty continues to excel by specializing in excellent, client-centric, and well-timed delivery. The strategic release of the latest project, global marketing initiatives, and monetary prudence have placed Sobha Realty in a sustainable long-term boom.
