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Buying Property in Sobha Creek Vistas Reserv

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About Sobha Creek Vistas

Sobha Creek Vistas is a new residential development in Sobha Hartland, Mohammed Bin Rashid City in Dubai. The developers of the project, whose construction began in 2018, are Sobha Realty in partnership with PNC Architects. Full completion of the complex is expected to take place in the third quarter of 2022.

The two 28-story residential buildings, Sobha Creek Vistas Building A and Sobha Creek Vistas Building B, are located near the waterway and feature one- and two-bedroom apartments. All residences have panoramic windows and are equipped with a fitted kitchen, bathroom and built-in closet. The minimum size of 1-bedroom apartments in the complex is 45 square meters (486 sq. ft.), and the cost of residential property starts from AED 770,000 (USD 210,000).

The complex offers residents well-developed infrastructure with all the necessary services and facilities including:

*The price is valid for 2020

  • functional residential layouts;
  • views of the canal and Ras Al Khor protected area;
  • automatic lighting and air conditioning;
  • biometric access to the apartments;
  • a concierge 24/7;
  • children’s and adult pools;
  • an equipped gym;
  • children’s play areas;
  • sports fields.

Sobha Creek Vistas Location

Sobha Creek Vistas is located in the mixed-use community of Sobha Hartland in the northeastern part of Mohammed Bin Rashid City. There are two international schools, shopping and entertainment centers, hotels, restaurants and cafes. Three kilometers away from Sobha Creek Vistas is the vibrant downtown Dubai Downtown Dubai with major attractions and attractions.

The complex is close to Ras Al Khoor Road and Al Ain Road, which  residents can use to reach:

  • DXB international airports in 15 minutes, Al Mactoum in 40 minutes;
  • Palm Jumeirah in 25 minutes;
  • The Burj Al Arab in 25 minutes;
  • The Walk JBR promenade in 30 minutes;
  • Dubai Mall, the Burj Khalifa skyscraper and Dubai Fountain in 15 minutes.
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Payback

Mohammed Bin Rashid City is claimed to be a “city within a city” project. It is developing rapidly, enriching itself with new residential complexes, communities, commercial and tourist facilities, which are being put into operation step by step. As the area grows, so does the influx of workers in infrastructure facilities, and consequently the need for small residential spaces with affordable rents. The average price of one-bedroom apartments in Sobha Creek Vistas is AED 840,000 (USD 229,000), and the annual rent for this type of property in the area could reach around AED 50,000-60,000 (USD 13,600-16,300). Investors are paying attention to Sobha Hartland properties and expect a high return on investment in projects in this community, where ROI can achieve 5.29%.

*The price is valid for 2020

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