Sobha Realty is based in Dubai, which is the luxury capital of the new world. It offers an exquisite, opulent, and rare collection of coveted real estate projects in the world’s most sought-after locations. It offers unrivalled experiences for those who want the best, such as a diverse group of royalty and modern-day czars. These masterfully designed and constructed buildings, developments, neighbourhoods, and complexes set the standard for the world’s finest real estate. Sobha initiatives usher in a new era in which excellence reigns supreme.
Sobha Group is a multiproduct multinational corporation with operations in the UAE and Oman. Since its inception in 1976, the organisation has grown to become among the most popular names in all of the countries where it has established operations. It expanded to Dubai, the Middle East’s business capital, in 2003. Sobha Middle East is a privately held company that was started in Dubai because of its world-class infrastructure, steady economic growth, and access to international talent. The company pursues to grow into other parts of Asia and Europe and now let’s explore the world of Sobha Realty and its most popular projects.
Where delivering opulence is a norm!
As a real estate brand, Sobha stands for and works towards benchmark quality, a customer-centred approach, timeless principles, superior engineering, in-house research, steadfast business ethics, and flexibility. Staying true to its statements and substantiating its claims, Sobha Realty is once again generating a large number of new launches, with Jumeirah Lake Towers under the name of Verde by Sobha. Apartment prices are high, exceeding AED 2 million. The 58-story structure will be located directly across Cluster H.
In the recent past, Ellington and Danube have also launched projects at JLT, which has been a significant gainer as investor demand spreads across freehold clusters in Dubai. According to market sources, the average transaction value is currently around AED 2,000 per square foot and several Dubai prime areas are in higher demand, with property prices up by 90%. The nearby ‘Uptown Dubai’ development, which will house a skyscraper, has also increased the location’s exposure. Dubai real estate market has been on an upward trend, and property experts anticipate further expansion.
Sobha inks deal with DMCC to develop a 59-storey development ‘Verde’
The Verde by Sobha project will be developed at the JLT in Dubai. Sobha Realty has agreed to develop the Verde by Sobha project in Jumeirah Lakes Towers in collaboration with the Dubai Multi Commodities Centre (DMCC). Sobha’s first project in the JLT district, Vcerde by Sobha, the 59-story luxury tower, will have seven podiums with units ranging from one to three bedrooms.
Verde By Sobha – Your safe haven
Verde by Sobha is a new residential development and Sobha Realty’s first project in Jumeirah Lake Towers (JLT), Dubai. This innovative high-rise skyscraper provides a variety of leisure and opulently constructed Sobha properties that offer a high standard of living, unlike anything you have ever experienced. These opulent Sobha properties are an idea of luxury that goes beyond the conceptual confines, with its captivating glass pod superstructure and breathtaking city views, which can be seen from floor-to-ceiling windows.
The properties at Verde by Sobha offer expansive views of Dubai Marina and the Emirates Hills neighbourhood. Here you can enjoy the pinnacle of luxury living that combines modern and traditional elements. More effectively, you can utilise the sophisticated urban alcove with a minimalistic design in these Sobha Properties with soft, ambient, and subtle textures.
Bringing salient features and world class amenities
Verde at Jumeirah Lake Towers (JLT) provides exceptional lifestyle standards along with first-rate on-site recreational facilities, giving you the feeling of an elevated lifestyle at its best. Visit the cutting-edge fitness centre, where you can use state-of-the-art equipment while relaxing in the steam and sauna areas. Residents can have access to the multipurpose area, which is ideal for small gatherings and parties. You can also use the heated rooftop pool, which provides a haven with views of the famed city’s urban landscape.
Let’s talk money!
Prices for properties at Verde by Sobha begin at AED 2 million. The project includes amenities such as BBQ areas, relaxation areas, swimming pools, multipurpose halls, a gym, F&B, and retail offerings on the podium levels.
Sobha Realty estimates that the project will generate AED1.6 billion in sales revenue when completed in Q4 2026. According to Dubai’s property agents and experts, Verde by Sobha, located across the JLT’s Cluster H, will “complement” JLT’s luxury residential portfolio.
The Rejoinder and Retorts in Dubai Real Estate Market!
The project is expected to exhibit its signature style and design sophistication. It will highlight Sobha Realty’s exquisiteness and design capabilities. Verde by Sobha will also benefit from the company’s ‘Backward Integration’ model, which leverages Sobha’s entire in-house talent suite from design to development.
Sobha has been one of the most well-known luxury real estate developers in Dubai for decades. In 2022, they sold more than $1 billion worth of property and have built an unbeatable reputation for building luxury homes in some of the most popular areas.
Jumeirah Lake Towers has grown naturally to become one of the most important neighbourhoods in Dubai. It is a place where businesses can reach the world’s fastest-growing markets and where thousands of people live and work. Through this landmark project with Sobha Realty, the company will mark the latest expansion of JLT’s offering, bringing another luxury residential development to the district.
More iconic projects at JLT
JLT is currently working on a number of construction projects. Brewer Smith Brewer Group (BSBG) unveiled the design of Upper House, a high-rise residential tower being developed by Ellington Properties in the JLT district, earlier in February. The AED1.2 billion project will include 754 apartments ranging from studio to three-bedroom layouts. Upper House is Ellington’s first residential development at JLT, and it is scheduled to be finished in early 2026. According to BSBG, the Upper House by Ellington project development will serve as a “gateway to JLT” from the south, offering 360o panoramic views of the Marina coastline, JLT, and the Jumeirah Islands.
Viewz by Danube Properties – defining luxury in a new way is another Dubai real estate project, debuted at JLT this January. Viewz is a twin-tower project with apartments and sky villas’ that will cost more than Dh1.4 billion to build. The project, which will be launched in collaboration with DMCC, will include Aston Martin-furnished interior common areas and amenities. Customers will also be able to select Aston Martin interiors for their homes. Viewz will be built in the JLT district’s Cluster K, near Sheikh Zayed Road and the DMCC Metro station. Danube Properties’ first project in JLT will be this one.
The Golf Views Seven City JLT development is worth more than AED1 billion and is scheduled to open in Q1 2025. It has a total buildable area of up to 3.5 million square feet and 2,697 mixed-use units. There are 2,617 studios and one- to three-bedroom apartments, as well as 80 hotel rooms.