Overview

  • Apartment
  • Property Type

Description

New 1, 2 & 3BR Apartments

Located in Jumeirah Lake Towers (JLT)

Verde by Sobha is the first residential development by Sobha
Realty in Jumeirah Lake Towers. The 58-story iconic luxury
tower, located across from JLT Cluster H, will include a wide
range of first-class leisure and entertainment amenities

AED 1,690,000

Starting Price

Easy 80/20

Payment Plan

Q4 2026

Handover

 

 

Sobha Verde Apartments in Jumeirah Lake Towers (JLT)

 

 

The luxury Sobha Verde will be located in an eclectic area of Dubai, called Jumeirah Lake Towers (JLT) opposite Cluster H. This 66-storey tower with podium levels, is being developed by Sobha Realty together with DMCC.  Among the properties on offer are 1–3 bedroom apartments including 1.5, 2.5 and 3.5 bedroom units. There is an opportunity to purchase a full floor with an area of about 14,000 sqft, which might attract investors who are looking for a decent investment opportunity.

A range of amenities will be available for future residents of the development to enjoy, including swimming pools, an infinity edge pool, BBQ areas, outdoor and indoor gymnasiums with changing rooms, steam & sauna rooms, a jacuzzi, multipurpose halls, relaxation facilities and endless retail and dining options. Moreover, residents of Sobha Verde will easily be able to get to some of the key entertainment and leisure venues in and around Dubai.

 

 

New Iconic Luxury Project in

Jumeirah Lake Towers (JLT)

 

 

Sobha Verde boasts a strategic location opposite Cluster H in Jumeirah Lake Towers (JLT), as Downtown Dubai will be accessible within 25 minutes by car, while Dubai Marina will be just a 10 minute drive away.

Travel time to Dubai Airport (DXB) will take approximately 30 minutes. Residents of the development will appreciate the developed public transportation in the area, which include DMCC Metro and Jumeirah Lake Towers tram stop, as well as a long list of bus stops.

Among the closest shopping centres to the Sobha Verde JLT development will be Dubai Marina Mall, offering various shopping outlets, restaurants and cafes, as well as Reel Cinemas, and Ibn Battuta Mall. The Walk at JBR, offering boutiques and dinings options, The Beach at JBR, as well as Ain Dubai will also be easily accessible from Verde by Sobha Realty.

Becoming an owner of a residence in Sobha Verde will provide you with an opportunity to apply for a 2-year investor visa or a 10-year Golden Visa, depending on the price of the chosen property. Moreover, investors will always be able to rent a property out and generate a stable income. The average ROI for a 1-bedroom apartment in Jumeirah Lake Towers (JLT) is 8%, and this type of residence can be rented for AED 80,000 per year.

 

 

 

25 Minutes
to Downtown Dubai

10 Minutes
to Dubai Marina

30 Minutes
to DXB Airport

30 Minutes
to DWC Airport

 

 

 

 

Frequently Asked Questions & Answers

Who is the developer of Sobha Verde?

Sobha Verde is being developed by Sobha Realty, together with DMCC. It’s the first project by Sobha Realty in the Jumeirah Lake Towers (JLT) area.

What is the address of Sobha Verde?

Sobha Verde boasts a favourable location opposite Cluster H in Jumeirah Lake Towers (JLT). Residents of the development will be able to get to Business Bay and Downtown Dubai within 25 minutes by car, and Dubai Marina will be accessible within a 10-minute drive.

What are the unit types on offer?

Among the units on offer in Sobha Verde are 1–3.5 bedroom apartments. There is also an opportunity to purchase a full floor, which might interest potential investors.

What is the completion date of Sobha Verde?

Sobha Verde is planned to be completed in Q4 2026.

What are the Payment Plans for Sobha Verde?

Future owners of residential units in Sobha Verde are offered an 80/20 payment plan from the developer.

How much does an apartment cost in Sobha Verde?

In Q1 2023, the starting cost of a 1-bedroom apartment in Sobha Verde is AED 1,690,000 (USD 460,000). A full floor can be purchased from AED 30,852,000 (USD 8,400,000).

Can I obtain residency if I buy property in Sobha Verde?

Yes, becoming an owner of a residence in Dubai provides you with an opportunity to obtain a residence visa, which will allow you to stay in the UAE without any limits.

What type of visa can I get when I buy a property in Sobha Verde?

Purchasing a residential unit with a cost from AED 750,000 (USD 204,000) will provide you with an opportunity to apply for a 2-year investor visa. Becoming an owner of a residence with a price from AED 2,000,000 (USD 545,000) allows you to obtain a 10-year Golden Visa. To learn more about the benefits of Dubai residence visas, please contact our Metropolitan Premium Properties agents.

Can a foreigner buy property in Sobha Verde?

Sobha Verde is a freehold project, which means that foreigners, as well as UAE nationals, can purchase a residence here.

Is an apartment in Sobha Verde a good investment?

Becoming an owner of a residence in Sobha Verde is a perfect investment, as you will always be able to rent a property out or resell it after the completion at a higher cost. The ROI for a 1-bedroom apartment in Jumeirah Lake Towers is 8%. This type of residential unit can be easily rented for AED 80,000 (USD 22,000) annually.

Is Sobha Verde a good place for living in Dubai?

Sobha Verde is a perfect choice for families with children wishing to experience a harmonious living environment with access to amenities, located right on the territory of the development, and in the nearby areas. However, residences in Sobha Verde will also be appreciated by single professionals and couples due to the extra study/office rooms in selected units and the easy connection to business areas within the emirate.

What are the pros and cons of living in Jumeirah Lake Towers (JLT)?

JLT is a developed area, where you can find supermarkets, dining venues, medical clinics and educational institutions. Key entertainment and leisure facilities are also easily reachable from any corner of the JLT area. It’s the perfect place for families with children, as well as for those looking for maximum

 

Address

  • City Jumeirah Lake Towers

Details

Updated on December 15, 2023 at 11:02 pm
  • Price: AED1.7M
  • Property Type: Apartment
  • Property Status: Off-Plan Properties

Video

Schedule a Tour

Your information

Compare listings

Compare
admin
  • admin
Our customer support team is here to answer your questions. Ask us anything!