Sobha Hartland Greens
Hartland Greens is a collection of six mid-rise buildings, and this project was launched in 2016 by Sobha. It is located in one of the most popular residential communities, Sobha Hartland, which belongs to the same developer. Sobha Contracting was assigned as the main contractor, while the company PNC Architects was responsible for the architectural concept.
Hailed as "Your Green Address in the Heart of Dubai", the development Hartland Greens combines the rhythm of megapolis and quiet green landscapes. It overlooks the Dubai Water Canal and Ras Al Khor Wildlife Sanctuary. There is a large variety of residential units available for sale and rent in Hartland Greens, including studios, one and two-bedroom apartments, penthouses, townhouses, villas, and land plots.
Besides being pet-friendly, this residential community offers a wide range of amenities, such as a shared pool, a gym, a covered parking and valet service. Residents of Sobha Hartland Greens apartments can benefit from proximity to parks, gardens and retail outlets in the surrounding area.
Located in Mohammed Bin Rashid City (MBR City), Hartland Greens is in proximity to Ras Al Khor Road, Oud Metha Road and Dubai Al Ain Road. Dubai DXB International Airport is easily accessible as well, situated just 15 minutes away by car.
The nearest Sana grocery supermarket is a 5-minute walk away. And as for healthcare, Nad Al Sheba Health Center is the medical facility, just 10 minutes away by car. Within a 20-minute drive, residents can visit many famous Dubai attractions, such as The Dubai Mall, Burj Khalifa, Meydan Golf Course, Meydan Racecourse, Dubai Canal, Dubai Fountains, etc.
Due to its location to the key neighbourhoods of Dubai, Hartland Greens is a perfect option for investment. One can reach a number of commercial and residential districts, such as Ras Al Khor, Business Bay, Nad Al Sheba, within a maximum of 15 minutes by car. With two schools nearby, North London Collegiate School and Hartland International School, both within a 5-minute walk, the neighbourhood is also family-friendly.
As for the profitability of investment, studios in Sobha Hartland generate the highest ROI of 5% per annum. When calculating the net profit from the rental income, one has to take into account the fees for management and 5% income tax (approx. AED 5900).
Thus, the estimated net profit from renting out the property at a price of AED 35.000 per year is AED 31,000.