The huge Indian real estate developer Sobha is to launch a billion-dollar mega project at the Cityscape Global 2012 property show in Dubai this week. To be known as the Meydan Sobha City this middle-class district will comprise 280 villas, 13 towers, low-rise apartments, a shopping mall, hotels, retail complex and schools.
It will be in a secondary location between the Al Khail and Emirates Road next to the Meydan Godolphin Parks, 15 minutes from Dubai International Airport, Emirates 24/7 website reported. Officials said construction work would begin early next year. Sobha, however, is well known to Indians who are the biggest buyers of Dubai property and often treat the emirate as an offshore Indian real estate market.
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