Dubai – Mubasher: UAE-based Sobha Realty announced that it has inaugurated its first sale office in Shanghai, China.
Chinese investors are interested in the company’s offerings within Sobha Hartland, the company’s flagship project in Dubai.
Sobha upped its investments in China by 200% during the first two months of 2019 in its iconic Sobha Hartland project, which covers an area of 8 million square metres.
“China is a strategic growth market for Sobha, and we believe our sales office in Shanghai will provide a major fillip to Chinese investments in our projects,” Sobha Realty president Jyotsna Hegde said.
Sobha Hartland is a waterfront community perched along the Dubai Canal and comprises luxury apartments, premium villas as well as high-end townhouses.
“Dubai is a dynamic real estate market that consistently attracts global investments, and we estimate that Chinese investments in Sobha projects to touch AED 600 million by the end of 2019,” Hegde added.
