Location: Jumeirah Lake Towers (JLT), Dubai (Strategically positioned in the heart of JLT with easy access to Sheikh Zayed Road. Within minutes of Dubai Marina, Palm Jumeirah, Ain Dubai, and Mall of the Emirates. Just 3 minutes to SZR and 7–10 minutes from Marina Mall, Dubai Harbour, and JBR Beach. Surrounded by premium residential communities, schools, and golf courses.)
Commercial Retail
Verde by Sobha Retail
Property
Verde by Sobha
Project Overview
- Mixed-use luxury tower in JLT featuring high-end residential units and limited retail offerings
- Developed by Sobha Realty, renowned for craftsmanship, engineering precision, and in-house quality control
- 66-storey residential skyscraper with an iconic zig-zag façade
- Ground-level and podium-integrated retail zone with excellent visibility and access
- Targeted for premium F&B, boutique wellness, and lifestyle retail operators
Building Configuration
Configuration: G + 7 Podium + 59 Floors + Roof
Height: ~246 metres
Total Units: ~600 high-end residences
Retail Spaces: Ground floor and podium integrated
Retail Parking: Dedicated, allocated spaces
Residential Features & Layouts
- 1, 1.5, 2, 2.5, and 3-bedroom apartments
- Every unit includes a balcony as standard
- Fully fitted kitchens with Bosch or equivalent white goods
- Ensuite bathrooms and built-in wardrobes in all master bedrooms
- Double-glazed floor-to-ceiling curtain walls for insulation and natural light
- Home automation provisions and premium finish throughout
- High-speed elevators with separate low-rise and high-rise lobbies
Retail Overview
Total Units: 4
- VER-RO1 — 805.46 sq. ft. | 1 car parking
- VER-RO2 — 918.92 sq. ft. | 1 car parking
- VER-RO3 — 714.62 sq. ft. | 1 car parking
- VER-RO4 — 1,004.06 sq. ft. | 2 car parking
Starting Price: From AED 7,750 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
Payment Plan: 60/40
Completion Date: Q4 2026
Parking: Dedicated car parking spaces per unit
Amenities & Lifestyle
- Spacious outdoor and indoor play zones designed for children of all ages
- Dedicated BBQ lounge with shaded outdoor dining and social seating areas
- Resort-style pool deck with large swimming pool, kids’ splash pool, jacuzzi, and infinity-edge lap pool
- Tranquil open-air gym space and elevated yoga deck surrounded by landscaped views
- Fully equipped indoor gym with steam room, sauna, and private changing facilities
- Exclusive executive lounge with meeting spaces for residents and guests
- Retail promenade and landscaped walkways seamlessly integrated with the community
- Ample EV charging points and convenient guest parking throughout the development
- Iconic rooftop sky lounge with panoramic views and curated lifestyle amenities on Level 65
Views
- Panoramic golf course and green community outlook
- Unobstructed vistas of Jumeirah Islands and Dubai Marina skyline
- Elevated retail exposure within an upscale residential environment
Illustrative model
Scenario modeller
Set your own assumptions and see how Verde by Sobha Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Nothing to calculate yet
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are actually considering.
How each figure is calculated
- Handover
- The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
- Gross yield
- Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
- Net yield
- (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
- Rent growth
- Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
- ROI
- Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
- ROE
- Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
- Cash-on-cash return
- Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
- IRR
- The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.
An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.
Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.
Location
Verde by Sobha — Jumeirah Lake Towers, Dubai