Soaring 109 floors and reaching an impressive 450 meters, Sobha SkyParks ranks among the top five tallest developments in the UAE. It is the tallest project in Sobha Realty’s portfolio to date and represents a bold statement of the company’s design excellence and ambition.

A Vertical Community of Luxury Residences

Sobha SkyParks comprises 684 residences, each designed with a focus on sophistication, space, and panoramic views. The tower’s minimalist glass façades and straight-line structure create a timeless and elegant aesthetic, while expansive private balconies overlook Sheikh Zayed Road, Palm Jumeirah, and the Arabian Gulf.

The development reflects the concept of vertical urbanization, integrating community living, lifestyle, and leisure within a single, architecturally refined address.

Four Themed SkyParks Set New Leisure Benchmarks

One of the defining features of Sobha SkyParks is its four themed SkyParks, each spanning six stories and offering immersive indoor and outdoor experiences at unprecedented heights:

• Adventure Zone SkyParks – Family-friendly play zones and padel courts.
• Active Life SkyParks – Multi-level fitness circuits and wellness terraces.
• Lush Life SkyParks – Zen gardens, reflexology paths, and glass pavilions for serene escapes.
• Luxe Life SkyParks – Located at nearly 350 meters, this sky-level sanctuary includes an infinity pool deck and a resort-style terrace with floating beds, redefining elevated leisure.

Strategic Location and Seamless Connectivity

Situated along Sheikh Zayed Road, SkyParks offers excellent connectivity to Dubai’s key destinations including DIFC, Downtown, Business Bay, Dubai Design District, Dubai Marina, and Jumeirah. Its strategic positioning enhances both lifestyle convenience and long-term investment value.

Pushing the Boundaries of Urban Luxury

Commenting on the launch, Ravi Menon, Chairman of Sobha Group, said:

“Sobha SkyParks reflects our unwavering commitment to shaping the future of urban living in Dubai. It stands as a testament to Sobha’s excellence and meticulous attention to detail, blending timeless design and unparalleled amenities in the heart of Dubai. With this launch, we continue to push the boundaries of luxury and innovation.”

With SkyParks, Sobha Realty continues its journey of setting new standards in luxury real estate, reinforcing its leadership in creating visionary developments that define Dubai’s evolving skyline.

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The post Sobha Realty Unveils SkyParks: A 109-Storey Landmark Redefining Dubai’s Skyline appeared first on Square Feat India.

Avighna Group, a Mumbai-based real estate developer, has successfully acquired Emaar Business Park–Building 3 in Dubai through its UAE subsidiary, Avighna Invest. The Grade-A commercial property, located on Dubai’s iconic Sheikh Zayed Road, has been purchased for AED 240 million (approximately INR 555 crore). The property was previously owned by Bank Muscat’s Izdihar Real Estate Fund.

The Emaar Business Park–Building 3 is a multi-tenanted, G+6 structure featuring a striking granite-and-glass façade. Spanning around 150,000 square feet of premium commercial and retail space, the property is home to several multinational and regional companies. Its prime location near key landmarks like Dubai Internet City, Media City, Palm Jumeirah, and Dubai Marina, coupled with excellent metro and road connectivity, makes it one of the most sought-after commercial addresses in Dubai.

Nishant Agarwal, Managing Director of Avighna Group, which has had a presence in the UAE for over three decades, stated, “The acquisition of Emaar Business Park – Building 3 is a strategic step in our vision to expand our real estate portfolio globally. This property’s exceptional design, blue-chip tenants, and prime location make it an invaluable addition to our holdings.”

Avighna Group, known for its landmark real estate projects in Mumbai, including the twin 61-storey One Avighna Park towers, is expanding its footprint into the GCC region. Agarwal added, “Our group has seen Dubai’s remarkable growth over the years and has always been impressed by the city’s pro-business environment. We are excited to finally be part of Dubai’s flourishing real estate sector and look forward to exploring new opportunities in the UAE.”

The deal was facilitated by Dubai-based Banke International Properties, which also has an office in Mumbai. Porush Jhunjhunwala, CEO of Banke International Properties, said, “This acquisition underscores the confidence investors have in Dubai’s premium real estate market. The city’s robust economy, business-friendly policies, and vision for sustainable growth continue to attract global investors. Dubai’s growing demand for Grade-A commercial spaces, driven by key sectors like banking, finance, logistics, and business services, ensures continued strong performance for properties like Emaar Business Park.”

The demand for high-quality commercial real estate in Dubai remains strong, with limited Grade-A office space and rising rental and capital values. Experts predict the market will continue to grow, with the next wave of new supply expected only in the next 4–5 years. As a result, capital values and rental prices are expected to rise, creating significant opportunities for investors in the city’s commercial property sector.

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