Sobha LLC, part of the multinational Sobha Group, has announced plans to expand its footprint regionally and globally.
The company is in the process of opening five sales offices in London, Singapore, Riyadh, Doha and Kuwait City by July to tap into the growing demand for its developments in the UAE in key international markets.
At a press conference in Dubai, the company also provided progress updates on its Sobha Hartland development, the signature integrated community that will offer the best of living in Dubai.
Located 3km from the Burj Khalifa, the development is set to achieve a key milestone in September 2015 with the inauguration of the Group’s first international curriculum school, Hartland International School.
The company plans to break ground on its signature villas and apartments, and its high quality infrastructure in Q2 2015.
On the infrastructure development front, tenders for roads and utilities have been floated and bids received.
Addressing the media, Ajay Rajendran, vice chairman of Sobha LLC, said: “Sobha has been in the region for the last 40 years in the construction vertical and has been closely involved in the UAE real estate sector over the last decade.”
Rajendran said: “We strongly believe that the economic fundamentals for Dubai are stronger than ever and, therefore, the initiative to open overseas sales offices strengthens our commitment to Dubai’s longer term real estate growth.”
Sobha’s phased release of the Hartland portfolio in the UAE in September 2014 received an immediate uptake.
The high-end community which will feature two international schools, a state of the art spa, hotels and cafes will be delivered in phases beginning in the first quarter of 2017.
The $4 billion development is resonating across geographies and nationalities, because of its contemporary aesthetics, elaborate open areas and close proximity to Downtown Dubai, creating a community, where people can live, work, play and visit.
Sobha’s exemplary reputation of going above and beyond expectations is well represented throughout the development with in-house expertise in design, engineering and building; enabling complete control over the achievement of excellence in quality and timeliness in delivery.
Sobha Group’s philosophy of ‘No shortcuts to quality’ will permeate through all aspects of the development.
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