Sobha Hartland 2
Just steps away from Downtown Dubai and the Dubai Creek Harbour, Sobha is developing its new community Sobha Hartland 2. This sprawling luxury project, is a mix of high-rise, low-rise, entertainment, residential, shopping, and recreation. This area is very attractive to tourists, migrants, expats, and to the families of expats who themselves often work in Business Bay.
General information
Now that Sobha has completely sold out his first community, Hartland I, Sobha is in the process of building his new community, Sobha Hartland II. This community is going to surpass Hartland I in everything and, due in part to its convenient location, realize a lot of value increase. That Sobha himself has great confidence in this community is reflected by the fact that the owner of Sobha himself is having his house built in Hartland II.
Hartland II is very strategically located between Downtown Dubai/Business Bay (about a 6-minute drive) and The Creek (about a 10-minute drive). As the center is expanding toward The Creek, nothing can be said but that Sobha Hartland 2 will be a true success.
Sobha Hartland 2, like Sobha Hartland 1, will be a gated community, meaning that only residents will have access to the community. Sobha Hartland 2 will consist of 13 high-rise towers and a low-rise villa community. The villas sold out very quickly, as there were few new construction villas left to obtain located so close to Downtown. Several azure lagoons with a sandy beach are being constructed. Swimming will be possible in these Lagoons.
A giant mall will be developed close to the high-rise towers. Sobha is in talks with the biggest brand names in the world to give this mall a luxurious appearance.
Sobha Hartland 2 will not be just another community, Sobha aims to make this the best community in Dubai, where one can enjoy tranquility, luxury and the village feel a stone's throw from Downtown Dubai and the Dubai Creek Harbour.Yields and value increases.
ROI and capital appreciation
The returns and value increases in Sobha Hartland 2 will become similar to Sobha Hartland 1. The villas, 1 and 2 bedroom apartments will generate the best ROIs in this area. It is recommended to rent the properties for a mix of long-term and short-term. The 1-bedroom apartments will be sold from €375,000 and the villas from €2,000,000.
Off-plan
New construction in this region will experience an increase in value of around 10% to 20% during the construction phase, which is often 3 years. Net rental yields on the initial investment will be between 7% and 9%. After completion, the increase in value in this region will be between 2% and 5% per year.
Ready built
Existing construction in this region will experience an increase in value between 2% and 5% per year.
Share
