Page 23 - SOBHA REALTY PR REPORT - JULY 2024

Press Release

Sobha Realty announces AED 210 million mall project

within Hartland community

July 2, 2024: Sobha Realty, a leading global luxury real estate developer, has

commenced the construction of first of its kind Mall for its flagship community Sobha
Hartland in the heart of Dubai. With an estimated cost of AED 210 million, the project

blends the vibrancy of retail space with the serenity of an urban park, while ensuring

exceptional experiences for residents and visitors. The mall is scheduled to be

completed in second half of 2026.

The new mall is being meticulously designed to set new standards for a luxury mall,

which perfectly combines nature, culture, gastronomy and recreation. The mall’s

exquisite features will provide an inspiring and memorable experience, promoting a
sense of community and elevating the quality of life for residents of Sobha Hartland.

Ravi Menon, Co-Chairman of Sobha Group, said: “We are delighted to unveil our
new mall, which is a testament to our long-standing commitment towards elevating

living experiences for our residents. The project underscores our vision to create

integrated and community-focused spaces that seamlessly combine convenience while
offering multi-tier retail stores, gourmet dining and diverse entertainment options.

Beyond a retail space, the mall is designed to be a pivotal hub for community

engagement that offers an ideal blend of nature, culture and recreation that will

elevate the living quotient of community members and visitors.”

With a built-up area of approximately 339,000 square feet and a gross leasable area

of around 115,000 square feet, the project will house a variety of amenities, including
a supermarket, gym, play courts, a soft play/entertainment zone and diverse

restaurants offering a wide range of food choices. It will feature 35 retail shops and