High Floor 1 Bedroom in 320 Riverside Crescent, Sobha Hartland 2 at 1.6% Below OP with Open Nad Al Sheba View

Property Overview

This 1-bedroom apartment in 320 Riverside Crescent, Sobha Hartland 2, is available as a distress resale at AED 1,650,000. The unit has a built-up area of 753 sq ft on a high floor with an open Nad Al Sheba view. The asking price is AED 26,000 (1.6%) below the agent-stated original purchase price of AED 1,676,000. The agent also states the price is approximately AED 247,000 below a recent comparable transaction at AED 1,897,000. Handover is expected in Q3 2027.

Property Highlights

• Type: 1-bedroom apartment
• Built-up area: 753 sq ft
• Floor: high
• View: open Nad Al Sheba
• Asking price: AED 1,650,000
• Original price: AED 1,676,000
• Saving from OP: AED 26,000 (1.6%)
• Below recent comparable: approximately AED 247,000 (13%)
• Rate: approximately AED 2,191 per sq ft (BUA)
• Payment plan: 60/40
• Handover: Q3 2027
• Status: off-plan resale (57% complete)

Why the Price Qualifies as Below OP

The agent states the original purchase price for this unit was AED 1,676,000. The current asking price of AED 1,650,000 is AED 26,000 lower, a reduction of 1.6% from the original contract value.

Seller's Total Loss Including DLD

The seller paid a 4% DLD transfer fee on the original purchase, estimated at approximately AED 67,040. Adding this to the original price gives an all-in cost of approximately AED 1,743,040. The asking price of AED 1,650,000 represents a total seller loss of approximately AED 93,040 (5.3% of total investment).

Market Comparison

The agent states the asking price is approximately AED 247,000 below a recent comparable transaction at AED 1,897,000. This represents a discount of approximately 13% from the stated comparable. This claim has not been independently verified against DLD records, and buyers should request the specific transaction reference.

Available market data supports the pricing being competitive:

• Bayut average asking price for 1BR in 320 Riverside Crescent: approximately AED 1,810,000
• Average 1BR transaction price across Riverside Crescent: approximately AED 1,740,000
• Average transaction price for all units in 320 Riverside Crescent (12 months): approximately AED 3,100,000 (includes larger units)
• Total recorded sales across Riverside Crescent (12 months): 355 transactions

At AED 1,650,000, this listing sits below the average asking price of AED 1,810,000 for 1-bedroom apartments in 320 Riverside Crescent and below the AED 1,740,000 average transaction price for 1-bedroom units across the wider Riverside Crescent community.

High Floor with Nad Al Sheba View

The agent confirms this is a high-floor unit with an open Nad Al Sheba view. Nad Al Sheba is a low-rise residential and equestrian district to the south and east of Sobha Hartland 2, meaning the view from a high floor in this direction is largely unobstructed by tall buildings. An open Nad Al Sheba view typically offers a panoramic outlook over the racecourse, green spaces and the low-density neighbourhood, with long sight lines that are unlikely to be blocked by future high-rise development.

About 320 Riverside Crescent

320 Riverside Crescent is a 57-storey residential tower by Sobha Realty within the Riverside Crescent cluster of Sobha Hartland 2, Mohammed Bin Rashid City. The tower offers 1, 1.5, 2 and 3-bedroom apartments with living areas ranging from 523 to 1,792 sq ft. As of the most recent data, construction is approximately 57% complete with handover expected in Q3 2027.

The Riverside Crescent cluster comprises multiple towers (numbered 310 through 360), forming a series of residential buildings along the community's waterfront. The towers share common amenities and design standards developed by Sobha Realty.

Payment Plan

Sobha Realty's payment plan for 320 Riverside Crescent is structured as 60/40: 20% down payment, 40% during the pre-handover construction phase (totalling 60%) and 40% on handover. For a resale, the payment structure depends on how much the current seller has paid to date. Buyers should request the seller's full payment history and the developer's confirmation of the remaining schedule.

About Sobha Hartland 2

Sobha Hartland 2, also referred to as Sobha Hartland II, is the second phase of Sobha Realty's Hartland master community within Mohammed Bin Rashid City, Dubai. The phase extends the original Sobha Hartland community with additional residential towers, apartments and amenities. The Riverside Crescent cluster is one of the primary residential offerings within this phase.

Sobha Hartland 2 is a freehold community situated adjacent to the original Sobha Hartland. The combined community benefits from proximity to the Dubai Water Canal, Ras Al Khor Wildlife Sanctuary and major road connections including Al Khail Road, Ras Al Khor Road and Dubai-Al Ain Road. Downtown Dubai and The Dubai Mall are approximately 10 minutes away. Dubai International Airport is approximately 15 minutes by road.

Amenities

Residents of 320 Riverside Crescent will have access to swimming pools, a fully equipped gymnasium, landscaped gardens and parks, children's play areas, jogging and cycling tracks, covered parking, high-speed elevators and round-the-clock security with concierge services. Retail outlets and dining options are planned within the community.

Verification Notes

Unit-specific facts including 1-bedroom configuration, built-up area, high floor, open Nad Al Sheba view, asking price and original purchase price are sourced from the agent's brief received on 28 September 2026. The agent's claim that the asking price is approximately AED 247,000 below a recent comparable transaction at AED 1,897,000 has not been independently verified against DLD records; the specific transaction reference should be requested. Bayut data shows the average 1BR asking price in 320 Riverside Crescent at approximately AED 1,810,000 and the average 1BR transaction across Riverside Crescent at approximately AED 1,740,000, both above this listing. Project-level details including tower height, unit configurations, construction progress and payment plan are drawn from Bayut building data. The original purchase price of AED 1,676,000 is the agent's stated figure and should be confirmed against the seller's SPA documentation. Bathroom count, exact floor number, parking and furnishing status were not stated in the brief and have been omitted.