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Sobha breaks ground on Daffodil project

Dubai, February 19, 2008

Sobha Group has broken ground on its first residential development in Dubai.

Building work started on Sobha Daffodil at Jumeirah Village on January 28, following a ground breaking ceremony attended by senior executives from the company.

“Sobha Daffodil marks our entry into the residential real estate market in the Middle East. We are pleased to celebrate its ground breaking today,” said vice-chairman, Sobha Group, Ajay Rajendran.

“Now that construction has begun, we will work tirelessly to ensure on-time completion of the project. That is our pledge to all buyers who, we know, are keen to take delivery of their new homes,” Rajendran added.

Sobha Daffodil is a 178-apartment development located in Jumeirah Village. The four and 10-storey complex offers a contemporary living environment with roof top garden, large temperature controlled swimming pool and fully equipped Club House.

Apartment units range from well-appointed studios to spacious three-bedroom apartments.

Sobha is making every effort to ensure that families will be making Sobha Daffodil their home before the end of 2009.

The Sobha Group expects to announce a regional portfolio of over Dh3.5 billion ($0.95 billion) by the middle of 2008 which will include a range of commercial and residential properties at premium locations in Dubai. – TradeArabia News Service




Tags: Jumeirah Village | Sobha | Daffodil |

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