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Dubai: Sobha Hartland project announced extended payment plan for investors

Tuesday, 05 April 2016

Sobha Group announced their plan to complete first homes at Sobha Hartland in the Mohammed bin Rashid Al Maktoum City by the end of 2017 and launched also an extended payment plan for investors.

The company which is owned by Indian property magnat PNC Menon, announced the apartment prices will  start from 1520 dirhams per sq ft (about $ 4,500 per m²) and with the villas starting from 2006 dirhams per sq ft (about $ 6,000 per m²).

Sobha Group also announced the launch of a payment scheme for Sobha Hartland. In the case of the L-shaped villas and apartments in high-rise buildings the company allows investors to pay 50% during construction, 25% - six months after its completion and the last 25% within 12 months after completion.

The development will consist of 282 four-, five-, six-bed villas and 18 low-rise, three mid-rise and nine high-rise apartment blocks, as well as a community center with a total area of ​​150,000 m², three hotels, a spa center, two mixed-use towers, two schools, three mosques and clubhouse.

Sobha Hartland map