Asking Price = AED 7,000,000

 

 

 

Additional Fees;

 

• Agency Commission at 2% + Sales Progression fee, plus VAT = AED 154,875

 

• 4% Dubai Land Department fee + admin fee = AED 280,580

 

• Dubai Land Trustee Office fee plus VAT = AED 4,200

 

Total = AED 7,439,655

 

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The Plot

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Developer – Sobha

 

Community – Sobha Hartland

 

Location – Meydan (Approx 10mins from Downtown, Dubai)

 

Plot Size – 8,029 sq.ft

 

Built Up Area (BUA) Allowed – 6,491 sq.ft

 

 

 

Additional Information;

 

• Single Row, forest backing

 

• 2 min walk to Crystal Lagoon

 

• 3 min drive to Meydan One Mall

 

• 5 Min walk to North London Collegiate and Hartland International School

  

 

About Sobha Hartland

 

Sobha Hartland is a premium real estate development located in the heart of Dubai, United Arab Emirates. It is a sprawling 8 million square feet development that features a mix of luxurious villas, stylish apartments, and high-end townhouses.

 

Sobha Hartland offers residents a tranquil and serene environment, surrounded by lush green spaces, and stunning water features. The development is designed to cater to the needs of modern-day living, with an emphasis on comfort, luxury, and convenience.

 

The residential units in Sobha Hartland are designed with a contemporary style that blends modern architecture with the natural surroundings. The villas, townhouses, and apartments feature spacious living areas, high-end finishes, and state-of-the-art amenities.

 

Apart from the residential units, Sobha Hartland also features a range of world-class facilities such as a clubhouse, fitness centre, swimming pool, retail outlets, restaurants, and cafes. The development is also home to the renowned Hartland International School, which offers a high-quality British education to children from all over the world.

 

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Location

 

13mins from Business Bay

 

17mins from Burj Khalifa

 

29mins from Pal Jumeirah

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Nearest Schools

 

Hartland International School - https://enquire.hartlandinternational.com

 

Approximately 3 mins away

 

Sobha Hartland School is a prestigious K-12 school located in the heart of Dubai's Sobha Hartland development. The school is a part of the renowned Sobha Group, which is well-known for its luxury real estate developments in India and the UAE.

 

The school follows an international curriculum, combining elements of the British and IB curricula, and places a strong emphasis on STEAM (science, technology, engineering, arts, and mathematics) education. The school has state-of-the-art facilities, including modern classrooms, science and technology labs, a library, sports fields, and a performing arts centre.

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The school has a diverse student body, with students from over 50 nationalities, and a team of highly qualified teachers and staff who are dedicated to providing an exceptional education experience to their students. The school offers a range of extracurricular activities, including sports, music, drama, and community service initiatives.

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Overall, Sobha Hartland School is known for its rigorous academic program, excellent facilities, and commitment to providing a well-rounded education to its students.

 

North London Collegiate - https://enquiries.nlcsdubai.ae

 

North London Collegiate School Dubai is a branch of the renowned North London Collegiate School, a leading independent school for girls based in London, UK. The Dubai campus was established in 2017 and is located in the Sobha Hartland development, close to the Dubai Canal.

 

The school follows the same rigorous academic program as its London counterpart, with a focus on academic excellence, critical thinking, and personal development. The school offers the International Baccalaureate (IB) curriculum for students aged 3 to 18, and places a strong emphasis on STEAM (science, technology, engineering, arts, and mathematics) education, languages, and the humanities.

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The campus is equipped with state-of-the-art facilities, including modern classrooms, science and technology labs, a library, music and art studios, sports fields, and a performing arts centre. The school also offers a range of extracurricular activities, including sports, music, drama, and community service initiatives.

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North London Collegiate School Dubai is known for its excellent academic results and commitment to providing a well-rounded education to its students. The school has a diverse student body, with students from over 60 nationalities, and a team of highly qualified teachers and staff who are dedicated to providing an exceptional education experience to their students.

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The Development Costs & Potential Returns

 

The size of plot and BUA permissible will easily allow for a 5 bed villa to be constructed on the plot. Re-sale value has typically been anywhere between AED 19 million to AED 23 million for 5 bed properties in Sobha Hartland. Rental figures achieve approximately AED 1 million per annum.

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Development costs are approximately AED 650 per sqft as per Sobha standard. This may vary depending on the buyer’s choice of internal finishes. On the basis of AED 650 per sqft this would take the build cost to approximately AED 4.22m plus VAT. The potential profit would equate to somewhere between AED 7.75 million and AED 11.75 million, not including the Dubai Land Department and agency fees.

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We have a reputable, British owned and run company based here in Dubai that can provide a detailed quotation and carry out the development work within the time frame mentioned above.

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The development should be completed in no longer than 12 months, as according to terms and conditions set out by Sobha, the developer.

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Note – There are service charges in nearly every community of Dubai to cover the cost of maintenance, security and cleanliness to the communal areas. In Sobha Hartland, this roughly equates to AED 5 per sq ft.

 

 

 

Don’t miss the opportunity of a fantastic family home and investment with a rewarding return.

 

Get in touch today to see how we can get the process started for you.

 

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