The Meydan Group and the Sobha Group, two conglomerates in Dubai, said on Wednesday they had agreed to form a joint venture to develop a major leisure, retail and residential complex adjacent to the city's downtown area.
Indian developer Sobha Group has bought eight million square feet of land at Dubai's Meydan City for an undisclosed amount to build a mixed-use project, a report said.
Sobha City will be located at Meydan City's Godolphin Parks area and w
Sobha Group is gearing up for the launch of its fourth commercial project in Dubai, at Downtown Jebel Ali, planned by Dubai based master developer, Limitless.
“Downtown Jebel Ali is one of the most ambitious developments taking shap
Real estate major Sobha Group has acquired a plot on Dubai’s main artery Sheikh Zayed Road for the development of its first hotel in Dubai.
The group, which unveiled plans to launch Sobha Hotels at Arabian Travel Market last May, expects t
Sobha Developers Limited has been listed as one of Asia Pacific’s 20 best companies for investor returns by global financial services firm Morgan Stanley, in its annual report.
The Morgan Stanley report, entitled ‘Tomorrow’s Winners’, pla
Indian real estate major Sobha Group plans to announce a regional portfolio of over Dh2 billion ($544 million) by the middle of 2008 in the Middle East.
This will include a range of commercial and residential properties at premium location
Sobha Group, the Indian real estate giant, has announced that a large portion of its developments in Dubai will be created with the aim of providing well appointed, affordable housing options, locally.
The group launched its first residen
India-based Sobha Group has unveiled plans for rapid expansion in the Middle East.
The $2 billion Sobha Group, with extensive interests in real estate development, civil and MEP contracting, factories for aluminium, façade glazing, joinery