Developer profile · Since 2003

Sobha Realty

Builds in-house; premium finish, close to Downtown

See what’s selling now Ask us about Sobha

1,300+Homes delivered

2003Founded

41,500+Homes under construction

60/40Typical payment plan

At a glance

Sobha Realty: delivery record, prices, payment plans and current projects, checked October 2026

Sobha Realty is one of Dubai's largest private developers, with sales of AED 27.6bn in 2025 and its own architects, contractors and joinery factories.

Reviewed by Ayman Hoque, Operations Manager, Live Dubai InternationalDubai Land Department broker card no. 55937 · Checked October 2026 · 27 sources

Read our full verdict

Its Sobha Hartland towers in MBR City are known for good finishing, and most recent buildings have been handed over close to the dates given to investors. The main things to weigh are premium pricing, a 60/40 plan that leaves 40% to pay on completion, and some dates that have moved, most clearly at Sobha SeaHaven.

Best for

Above-average finishing
Communities close to Downtown
Buyers who want published accounts

Delivery recordGood

PricesPremium

Payment plans60/40

Post-handover plansRare

What Sobha does well

Designs and builds in-house: its own architects, contracting and joinery arms, with a workforce of 55,000+.
Publishes investor updates and has rated, listed sukuk: Moody's Ba2 and S&P BB.
Recent towers delivered to plan: Crest Grande fully handed over in Q1 2026 and Waves Opulence in Q2 2026.

All 5 points in full

Designs and builds in-house: its own architects, contracting and joinery arms, with a workforce of 55,000+ (H1 2026).
Publishes investor updates and has rated, listed sukuk: Moody's Ba2 and S&P BB (2025-26).
Recent towers delivered to plan: Crest Grande fully handed over in Q1 2026 and Waves Opulence in Q2 2026.
Sobha Hartland has a deep resale market (1,476 DLD sales in the 12 months to October 2026) and gross yields of 6.41% (Bayut H1 2026).
Central locations: Sobha Hartland I and II are about 3 km from Burj Khalifa; Sobha Central is on Sheikh Zayed Road.

Check before you buy

Use the DLD-registered completion date, not the brochure date.
Prices sit at the top of the market: about AED 2,590-2,670 per sq ft at Sobha Central and AED 2,890-2,950 at Skyvue Altier.
Most plans leave 40% to pay on completion and post-handover credit is rare.

All 5 points in full

Use the DLD-registered completion date, not the brochure date. Sobha SeaHaven was marketed in 2023 for late 2026; its DLD completion dates are now April and October 2028.
Prices sit at the top of the market: about AED 2,590-2,670 per sq ft at Sobha Central and AED 2,890-2,950 at Skyvue Altier (October 2026).
Most plans leave 40% to pay on completion and post-handover credit is rare. Arrange the final payment or a mortgage well before handover.
Hartland prices eased in 2026: Bayut shows DLD transaction prices down 4% in the six months to October 2026.
S&P moved its outlook to negative in March 2026 while Sobha funds Sobha Sanctuary, Siniya Island and Sobha City Abu Dhabi at the same time, all handing over 2027-2030 alongside Motor City and Hartland II launches.

Selling now

Sobha projects you can buy

Prices change quickly. Tap a project and we’ll send today’s prices and floor plans.

All 18 Sobha project guides

Sobha Sanctuary villas (The Brooks, The Greens, The Grove, The Willows) by Sobha

Selling now

Al Yufrah 1, Dubailand

Sobha Sanctuary villas (The Brooks, The Greens, The Grove, The Willows)

Prices and floor plans sent on request

HandoverFrom Q3 2029Plan60/40Beds4-7

Details

Type: Villas
Bedrooms: 4-7

View project

Selling now

Al Yufrah 1, Dubailand

The Woods at Sobha Sanctuary

Prices and floor plans sent on request

Handover2029Plan60/40Beds1-2

Details

Type: Apartments
Bedrooms: 1-2
Sizes: 540-961 sq ft

View project

Under construction

Sheikh Zayed Road

Sobha Central (six towers)

Prices and floor plans sent on request

HandoverDecember 2029 (first towers); 2030 (The Mirage and The Pinnacle)Plan60/40Beds1-2

Details

Type: Apartments
Bedrooms: 1-2

View project

Under construction

Motor City

Sobha Solis

Prices and floor plans sent on request

HandoverDecember 2027 to Q4 2028 (sources differ)Plan60/40Beds1-3

Details

Type: Apartments
Bedrooms: 1-3
Sizes: 536-1,889 sq ft

View project

Under construction

Motor City

Sobha Orbis

Prices and floor plans sent on request

HandoverQ4 2027 to December 2028 (sources differ)Plan60/40Beds1-2

Details

Type: Apartments
Bedrooms: 1-2
Sizes: 702-3,788 sq ft

View project

Under construction

Al Yufrah, Dubailand

Sobha Elwood

Prices and floor plans sent on request

HandoverQ4 2027 (some listings show 2028)Plan60/40Beds4-6

Details

Type: Villas
Bedrooms: 4-6
Sizes: 6,044-8,719 sq ft

View project

Show all 20 projects

Under construction

Ras Al Khor

Sobha One

Prices and floor plans sent on request

HandoverQ4 2026Plan60/40Beds1-4

Details

Type: Apartments and duplexes
Bedrooms: 1-4
Sizes: 538-2,562 sq ft

View project

Under construction

Ras Al Khor

The Element at Sobha One

Prices and floor plans sent on request

HandoverQ4 2028 to Q4 2029Plan60/40

Details

Type: Apartments

View project

Riverside Crescent (310, 320, 330, 340, 350, 360) by Sobha

Under construction

Sobha Hartland II, MBR City

Riverside Crescent (310, 320, 330, 340, 350, 360)

Prices and floor plans sent on request

HandoverJune 2027 to December 2027, by towerPlan60/40Beds1-3

Details

Type: Apartments
Bedrooms: 1-3

View project

Skyscape (Altius, Avenue, Aura) by Sobha

Under construction

Sobha Hartland II, MBR City

Skyscape (Altius, Avenue, Aura)

Prices and floor plans sent on request

HandoverDecember 2028Plan60/40Beds1-3

Details

Type: Apartments
Bedrooms: 1-3

View project

Skyvue (Solair, Spectra, Stellar, Altier) by Sobha

Under construction

Sobha Hartland II, MBR City

Skyvue (Solair, Spectra, Stellar, Altier)

Prices and floor plans sent on request

HandoverMarch 2029 (Solair, Spectra, Stellar); June 2030 (Altier)Plan60/40Beds1-2

Details

Type: Apartments
Bedrooms: 1-2
Sizes: 551-1,595 sq ft (Altier)

View project

Sold out

Sobha Hartland II, MBR City

Sobha Estates

Prices and floor plans sent on request

HandoverQ4 2026 (Series I); December 2027 (later villas)Plan10/70/20Beds5-6

Details

Type: Villas
Bedrooms: 5-6
Sizes: 8,413-8,490 sq ft (5-bed)

View project

Under construction

Wadi Al Safa 2

Sobha Reserve

Prices and floor plans sent on request

HandoverQ4 2026Plan60/40Beds4-5

Details

Type: Villas
Bedrooms: 4-5

View project

Under construction

Jumeirah Lake Towers

Verde by Sobha

Prices and floor plans sent on request

HandoverQ4 2026Plan80/20Beds1-3

Details

Type: Apartments
Bedrooms: 1-3
Sizes: 771-1,921 sq ft

View project

Sobha SeaHaven (Towers A, B, C) by Sobha

Under construction

Dubai Harbour

Sobha SeaHaven (Towers A, B, C)

Prices and floor plans sent on request

Handover30 April 2028 (Tower A); 31 October 2028 (Towers B and C), DLD datesPlan60/40Beds1-6

Details

Type: Apartments
Bedrooms: 1-6

View project

Siniya Island Beach and Marina Residences by Sobha

Selling now

Siniya Island, Umm Al Quwain

Siniya Island Beach and Marina Residences

Prices and floor plans sent on request

HandoverDecember 2027 to June 2030, by buildingPlan60/40Beds1-3

Details

Type: Apartments
Bedrooms: 1-3

View project

Siniya Island Villas and Coral Beach Villas by Sobha

Selling now

Siniya Island, Umm Al Quwain

Siniya Island Villas and Coral Beach Villas

Prices and floor plans sent on request

HandoverDecember 2027 (Palm Grove Villas); June 2028 (Coral Beach Villas)Plan10/50/40Beds4-6

Details

Type: Villas
Bedrooms: 4-6
Sizes: 4,814-9,788 sq ft

View project

Sobha Aquamont and Sobha Aquacrest by Sobha

Selling now

Downtown Umm Al Quwain

Sobha Aquamont and Sobha Aquacrest

Prices and floor plans sent on request

Handover2028 (Aquamont, sources differ); June 2029 (Aquacrest)Plan60/40

Details

Type: Apartments

Selling now

Sobha Skyparks

Prices and floor plans sent on request

HandoverQ4 2031Plan70/30

Details

Type: Apartments

View project

Sobha City (River Cove Residences, The Orchard, The Terraces) by Sobha

Selling now

Abu Dhabi

Sobha City (River Cove Residences, The Orchard, The Terraces)

Prices and floor plans sent on request

Handover2029

Details

Type: Apartments and villas

Compare all 20 Sobha projects in a table

Sobha Realty projects selling now: area, starting price, payment plan and handover date
				Bedrooms
Sobha Sanctuary villas (The Brooks, The Greens, The Grove, The Willows)	Al Yufrah 1, Dubailand	60/40	From Q3 2029	4-7
The Woods at Sobha Sanctuary	Al Yufrah 1, Dubailand	60/40	2029	1-2
Sobha Central (six towers)	Sheikh Zayed Road	60/40	December 2029	1-2
Sobha Solis	Motor City	60/40	December 2027 to Q4 2028	1-3
Sobha Orbis	Motor City	60/40	Q4 2027 to December 2028	1-2
Sobha Elwood	Al Yufrah, Dubailand	60/40	Q4 2027	4-6
Sobha One	Ras Al Khor	60/40	Q4 2026	1-4
The Element at Sobha One	Ras Al Khor	60/40	Q4 2028 to Q4 2029
Riverside Crescent (310, 320, 330, 340, 350, 360)	Sobha Hartland II, MBR City	60/40	June 2027 to December 2027, by tower	1-3
Skyscape (Altius, Avenue, Aura)	Sobha Hartland II, MBR City	60/40	December 2028	1-3
Skyvue (Solair, Spectra, Stellar, Altier)	Sobha Hartland II, MBR City	60/40	March 2029	1-2
Sobha Estates	Sobha Hartland II, MBR City	10/70/20	Q4 2026	5-6
Sobha Reserve	Wadi Al Safa 2	60/40	Q4 2026	4-5
Verde by Sobha	Jumeirah Lake Towers	80/20	Q4 2026	1-3
Sobha SeaHaven (Towers A, B, C)	Dubai Harbour	60/40	30 April 2028	1-6
Siniya Island Beach and Marina Residences	Siniya Island, Umm Al Quwain	60/40	December 2027 to June 2030, by building	1-3
Siniya Island Villas and Coral Beach Villas	Siniya Island, Umm Al Quwain	10/50/40	December 2027	4-6
Sobha Aquamont and Sobha Aquacrest	Downtown Umm Al Quwain	60/40	2028
Sobha Skyparks		70/30	Q4 2031
Sobha City (River Cove Residences, The Orchard, The Terraces)	Abu Dhabi		2029

Tap a column heading to sort. Dates as checked October 2026.

Track record

Does Sobha finish on time?

Good

Sobha says it delivers on time, and many recent buildings have.

See project by project (7)

ProjectCrest Grande, Sobha Hartland
PromisedNot published (launched Q3 2022)
What happenedFully handed over Q1 2026
ProjectWaves Opulence, Sobha Hartland
PromisedNot published (launched Q2 2023)
What happenedHanded over Q2 2026
ProjectVerde by Sobha, JLT
Promised2026 (launch guidance, 2023)
What happened80% built June 2026; due Q4 2026
In progress
ProjectSobha One, Ras Al Khor
PromisedJune 2026 (estimate, Propsearch); 2027 (FY2023 investor update)
What happened85% built June 2026; now due Q4 2026
In progress
ProjectSobha Hartland master plan
Promised2025 (company, 2021)
What happenedCreek Vistas Heights 92% built June 2026; community mall due H2 2026
In progress
Project320 Riverside Crescent, Hartland II
Promised2026 (FY2023 investor update)
What happened35% built March 2026; not on the 2026 handover list
In progress
ProjectSobha SeaHaven, Dubai Harbour
PromisedLate 2026 (launch marketing, 2023)
What happenedDLD completion dates 30 April 2028 (Tower A) and 31 October 2028 (Towers B and C); Tower A 37% built August 2026
In progress

Projects they have finished (9)

Sobha Ivory I and IIBusiness Bay · Apartments and offices

Sobha SapphireBusiness Bay · Offices

Sobha DaffodilJumeirah Village Circle · Apartments

Sobha Hartland GreensSobha Hartland, MBR City · ApartmentsCompleted 2019-2021

Hartland Estates, Forest Villas and Gardenia VillasSobha Hartland, MBR City · Villas and townhousesCompleted 2019-2022

Sobha Creek Vistas and Creek Vistas ReserveSobha Hartland, MBR City · ApartmentsCompleted 2021-2022

Hartland WavesSobha Hartland, MBR City · Apartments

Crest GrandeSobha Hartland, MBR City · ApartmentsCompleted 2026

Waves OpulenceSobha Hartland, MBR City · ApartmentsCompleted 2026

Communities

Where Sobha builds

Tap one for our area guide.

Sobha Hartland, MBR City6 homes managed by us

Sobha Sanctuary, Dubailand24 homes managed by us

Business Bay41 homes managed by us

Also builds in Sobha Central, Sheikh Zayed Road, Motor City, Ras Al Khor.

Prices

Sobha prices and rental returns

Sobha Hartland is the best guide to how Sobha owners have done, because it has years of resale data.

Sobha Hartland (apartments)

AED 2,031/sq ft6.41% yield

Sobha One, Ras Al Khor

AED 2,100/sq ftNot published yield

Sobha Elwood, Dubailand (villas)

AED 1,584/sq ftNot published yield

Dubailand villas (area average)

AED 1,609/sq ft5.23% yield

See the full figures

Sobha Hartland is the best guide to how Sobha owners have done, because it has years of resale data. DXB Analytics puts the average at AED 2,031 per sq ft (October 2026), and DLD sales on 1-2 October 2026 ranged from AED 1,100 to AED 2,250 per sq ft. Bayut's H1 2026 report shows Hartland apartments yielding 6.41% gross, one of the highest figures in its luxury group, with rents up 6.45% (1-beds about AED 99,000 a year, 2-beds about AED 154,000). The market has cooled in 2026: Bayut shows Hartland asking prices down 3% and DLD transaction prices down 4% in the six months to October 2026. Sobha One resales traded at AED 2,100-2,500 per sq ft in September-October 2026. Newer launches are priced higher than Hartland resales (Sobha Central about AED 2,590-2,670 per sq ft), so buyers at today's launch prices should not assume the growth of 2023-2025 will repeat.

Community	Price per sq ft	Change	Gross yield
Sobha Hartland (apartments)	AED 2,031 average (DXB Analytics, October 2026); AED 1,100-2,250 on DLD sales (1-2 October 2026)	-4% on DLD prices over the six months to October 2026	6.41% (Bayut H1 2026)
Sobha One, Ras Al Khor	AED 2,100-2,500 (DLD resales, September-October 2026)	Not published	Not published
Sobha Elwood, Dubailand (villas)	AED 1,584 average asking (Property Finder, October 2026)	+19% on asking prices, year to October 2026	Not published
Dubailand villas (area average)	AED 1,609 asking (Bayut H1 2026)	Not published	5.23% (Bayut H1 2026)

Asking prices, gross yields. Work out a net return

Payment plans

Sobha payment plans

A typical Sobha plan

10%70%20%

On bookingDuring constructionOn handover

On a home priced at AED 1,000,000 that is AED 100,000 on booking, AED 700,000 during construction, AED 200,000 on handover. Government registration fees are paid on top.

Payment plansMost current launches use 60/40: 20% on booking, 40% during construction and 40% on completion.

Most current launches use 60/40: 20% on booking, 40% during construction and 40% on completion (October 2026). Some villas differ: 10/70/20 at Sobha Estates and 10/50/40 at Coral Beach Villas.

Post-handover plansNot standard. Some Riverside Crescent releases at Hartland II offered 20-30% after handover over one to three years.

Not standard. Some Riverside Crescent releases at Hartland II offered 20-30% after handover over one to three years (broker guide, 2026).

Golden VisaProperty worth AED 2m or more qualifies, including off-plan under DLD rules.

Property worth AED 2m or more qualifies, including off-plan under DLD rules. Most Sobha 2-beds and all its villas clear the threshold; 1-beds at Sobha Solis and The Woods (from about AED 1.0m, October 2026) do not.

Mortgages on off-planBank lending on off-plan is limited until construction is well advanced, and banks usually ask for a larger deposit.

Bank lending on off-plan is limited until construction is well advanced, and banks usually ask for a larger deposit. Plan how you will fund the 40% completion payment early.

Branded residencesNone. Sobha sells under its own name.

Service chargesAbout AED 16-22 per sq ft a year including cooling for Sobha Hartland apartments.

About AED 16-22 per sq ft a year including cooling for Sobha Hartland apartments (broker guide, April 2026). Building-level DLD figures were not published; check the Mollak figure for the exact building.

After-salesSobha runs its own facilities-management and holiday-homes businesses.

Is Sobha right for you?

Sobha suits end-users and medium-term investors who want above-average finishing in a planned community close to Downtown, such as Sobha Hartland I and II, and who can manage a 60/40 plan with 40% due on completion.

Talk to an adviser Send an enquiry

Read Sobha’s story

1976PNC Menon founds an interior-decoration business in Oman, the start of the Sobha Group.
1995Sobha Developers founded in Bangalore, India (now Sobha Ltd, listed in India and separate from Sobha Realty).
2003Sobha Realty set up in Dubai. Early projects include Sobha Sapphire and Sobha Ivory in Business Bay and Sobha Daffodil in JVC.
2014Sobha Hartland launched: an 8m sq ft freehold community in MBR City, about 3 km from Burj Khalifa.
2021Sobha targets 1,337 handovers, including Hartland Estates villas, Hartland Greens Phase III and Creek Vistas.
2022-2023Sobha One, Sobha Reserve, Verde, Sobha SeaHaven and the Riverside Crescent towers launched. First credit ratings: S&P BB- and Moody's Ba3 (July 2023).
2024Twelve launches with 9,387 units, including Sobha Orbis, Skyscape, Sobha Solis and Sobha Elwood. Siniya Island in Umm Al Quwain unveiled in November.
2025Moody's upgrades Sobha's parent to Ba2 (April). USD 750m green sukuk issued (September). Sobha Central launched. Sales of AED 27.6bn for the year.
January 2026Sobha Sanctuary announced at Al Yufrah 1: AED 50bn, about 20,000 homes, first villas from AED 3.99m.
March 2026S&P revises its outlook on Sobha's BB rating to negative.
April 2026First phases of Sobha City, Abu Dhabi, launched.
July 2026Sobha announces a record 6,819-home handover programme for 2026 across Hartland, Hartland II, Sobha Reserve, Sobha One and Verde.

Founded: Sobha Realty set up in Dubai in 2003; the wider Sobha Group dates from 1976
Ownership: Private, controlled by the Menon family through PNC Investments LLC. A separate company from Sobha Ltd in India
Sales: AED 27.6bn in 2025; AED 8.1bn in H1 2026 (company investor updates)
Handovers: 1,300+ homes in H1 2026; 6,819 planned for the whole of 2026 (company, July 2026)
Pipeline: 41,500+ units (30 June 2026)
Credit rating: Ba2, stable (Moody's, affirmed April 2026); BB, outlook negative (S&P, March 2026)
Balance sheet: Net debt AED 3.65bn; cash AED 6.08bn; net debt to equity 0.3x (30 June 2026)
Best known for: Sobha Hartland and Sobha Hartland II (MBR City), Sobha One, Sobha Central

FAQs

Questions about Sobha

Who owns Sobha?

Private, controlled by the Menon family through PNC Investments LLC. A separate company from Sobha Ltd in India.

Is Sobha Realty a good developer?

Sobha is one of Dubai's largest private developers, with AED 27.6bn of sales in 2025 and credit ratings of Ba2 (Moody's) and BB (S&P). It designs and builds in-house, and its Hartland towers are known for good finishing. Most recent buildings have been delivered close to their investor dates, but some, such as Sobha SeaHaven, have moved by well over a year.

What is the Sobha payment plan?

Almost all current launches use 60/40: 20% on booking, 40% during construction and 40% on completion, usually over three to five years (October 2026). Some villa projects use 10/70/20 or 10/50/40. Post-handover plans are rare and project-specific.

Does Sobha deliver on time?

Often, but not always. Crest Grande (Q1 2026) and Waves Opulence (Q2 2026) were handed over as planned, and Sobha One, Verde and Sobha Reserve were 80-85% built in June 2026 for Q4 2026. Sobha SeaHaven was marketed for late 2026 and now has DLD completion dates in April and October 2028. Always check the DLD-registered date.

When is the Sobha SeaHaven handover?

Sobha SeaHaven in Dubai Harbour was marketed in 2023 with handover in late 2026. DLD records now show 30 April 2028 for Tower A and 31 October 2028 for Towers B and C. Tower A was 37% built in August 2026.

What are the service charges in Sobha Hartland?

A 2026 broker guide puts Sobha Hartland apartments at about AED 16-22 per sq ft a year including cooling (April 2026). Building-level DLD figures were not published, so check the Mollak figure for the building you are buying.

What rental yield can I get in Sobha Hartland?

Bayut's H1 2026 report shows 6.41% gross for Sobha Hartland apartments, with average rents of about AED 99,000 for a 1-bed and AED 154,000 for a 2-bed. Net returns are lower after service charges and other costs.

Is Sobha Realty the same as Sobha Ltd in India?

No. Both were founded by PNC Menon, but Sobha Realty in Dubai is privately held through PNC Investments LLC. Sobha Ltd is a separate company listed in India.

Is Sobha Realty financially stable?

At 30 June 2026 Sobha had net debt of AED 3.65bn against cash of AED 6.08bn, a net debt to equity ratio of 0.3x. It has raised USD 1.25bn through sukuk in 2024-2025. S&P moved its outlook to negative in March 2026, while Moody's affirmed Ba2 stable in April 2026.

What is the cheapest Sobha property?

The Woods at Sobha Sanctuary (1-beds from AED 999,000, handover Q4 2029) and Sobha Solis in Motor City (from AED 1.01m, handover 2027), both as of October 2026. Siniya Island apartments in Umm Al Quwain launched from USD 300,000 in November 2024.

Do Sobha properties qualify for the Golden Visa?

Property worth AED 2m or more qualifies, including off-plan. Most Sobha 2-beds, including those at Sobha Central and Skyvue, and all its villas clear that level. The cheapest 1-beds at Sobha Solis and The Woods (about AED 1.0m, October 2026) do not on their own.

Sources and how we checked (27)

Facts checked October 2026 from the developer’s own announcements and results, Dubai Land Department records (via Property Finder, DXBinteract and Propsearch), Bayut market reports and the press. Figures given by the developer are labelled as theirs. This page is information, not financial advice.

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