Dubai-based developer Sobha Realty has unveiled a new 592-unit residential tower, Waves, within its AED16-billion ($4.35 billion) Sobha Hartland, an 8-million-sq-ft freehold master development at Mohammed Bin Rashid Al Maktoum City in Dubai.
Sobha Realty says Waves is one of the 12 towers the developer plans to build within The Waterfront District. It will boast 35 residential floors featuring the best-in-class amenities.
As the first project of The Waterfront District, the project will also include 12 retail units. Work on the project has already started and is due for completion in 2023, it states.
Founder and Group Chairman PNC Menon says: “The launch of Waves is an endorsement of the continued health of the real estate sector and reflection of the robust investor confidence in our brand and the immense potential for investments in Dubai.”
“Following the phenomenal success of Creek Vistas and Creek Vistas Reserve, the Waves tower is an iconic addition to the Sobha Hartland portfolio and will see the introduction of the Waterfront District within the master development,” remarks Jyotsna Hegde, President of Sobha Realty.
“With its unique residential offerings, coupled with unmatched views of the waterfront promenade that includes a boardwalk corridor which will house retail spaces and a dynamic piazza with F&B attractions, this tower will become a destination onto itself and serve as a magnet for residents in the coming years,” she adds.