Sobha Properties launched the high-rise Verde by Sobha as the most recent of the numerous new debuts inspired by the Jumeirah Lake Towers. Around Dh2 million is the price of the most costly apartments. The 58-story structure will be situated opposite Cluster H.
JLT has seen considerable growth as investor demand spread throughout Dubai’s freehold clusters thanks to recent launches by Ellington and Danube. The average sale value is currently over Dh2,000 per square foot, according to sources in the market. The nearby “Uptown Dubai” development, which includes a tower that will soon be finished, has drawn further attention to the area.
The developer, who has recently been busy with off-plan launches, anticipates making Dh1.6 billion in sales from The Verde. They have included Hartland 2 and Shaikh Zayed Road’s luxurious high-rises.
The project is expected to be finished in Q4 2026. Sobha
Offplan sales account for the majority of the current demand for real estate in Dubai, and major developers have made it easier for this process by continuing to introduce new projects.
As the supply of available properties for sale decreases, interest from foreign investors is at the root of the ongoing rise in demand.
The most recent batch of projects has completion dates of 2025–2026.