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Sobha launches One Park Avenue tower in Dubai

UAE - June 26, 2019

Sobha Realty, a leading premium real estate developer, has announced the launch of One Park Avenue, its latest residential tower at the 8-million-sq-ft Sobha Hartland development in Mohammed Bin Rashid Al Maktoum City (MBR City).

Set amidst a lush green landscape, One Park Avenue seeks to reimagine new-age living through a sustainable lens, said the Dubai developer in its statement.

The G+24-floor tower will include 403 one- to four-bedroom apartments, all with balconies that offer uninterrupted views of Dubai Creek, Downtown Dubai, Ras Al Khor Wildlife Sanctuary, Dubai Water Canal and Meydan Racecourse. All the units in the tower will be delivered in April 2023, it stated.

Designed to capture the imagination of the modern homeowner, the building will seamlessly blend extravagance with comfort while channelling smart functionality.

Home buyers can choose from a variety of unit plans that feature contemporary-style interiors, fully fitted kitchens and built-in wardrobes, it stated.

On the new project, Francis Alfred, the managing director and CEO of Sobha Realty, said that One Park Avenue was born out of our mission to disrupt the status quo in Dubai’s residential market. Surrounded by green spaces and overlooking some of Dubai’s top attractions, the tower will embody the ethos of new-age living in the heart of the city.

Each home will offer a sanctuary with limitless opportunities for the residents to enjoy their preferred lifestyles. Built for tomorrow, the state-of-the-art building will guarantee a wholly future-proof living experience and offer substantial returns on investment.

The apartments are being designed to offer a harmonious balance between aesthetics and functionality, while Sobha’s specially designed noise-cancelling façades deliver a tranquil living experience.

Taking the luxury quotient up a notch are the six Sky Gardens that will line the tower, offering beautifully-landscaped vertical spaces that are ideal for yoga sessions, outdoor cinema viewing, or even double up as a lounge.

Motion sensor lighting in the common areas will help save electricity, while at the underground parking, dedicated electric car spaces with charging stations will add another layer of convenience for those keen to embrace green living.

With the project handover set for 2023, investors can benefit from an exclusive launch payment plan with just a 5% booking deposit, stated the top official.

Subsequently, buyers need only to pay equal instalments at 5% every three months, while the remainder can be settled at the time of completion.

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