2 Bed at Skyscape Altius, Sobha Hartland 2 – Lagoon View, 18.6% Below Original Price

Property Overview

This two-bedroom off-plan apartment at Skyscape Altius, Sobha Hartland 2, is offered at AED 2,700,000 for 1,268 sq ft. The agent describes a mid-floor unit with a lagoon view and handover in Q4 2028. The stated original purchase price is AED 3,315,430, so the asking price is AED 615,430 (18.6%) below OP and 21.7% below OP plus the 4% DLD fee.

Property Highlights

• Asking price: AED 2,700,000
• Original purchase price (agent-stated): AED 3,315,430
• Saving versus OP: AED 615,430 (18.6%)
• OP plus 4% DLD fee (calculated): AED 3,448,047
• Saving versus OP plus DLD: AED 748,047 (21.7%)
• Built-up area: 1,268 sq ft
• Rate: approximately AED 2,129 per sq ft
• Floor: mid floor (agent-stated)
• View: lagoon (agent-stated)
• Handover (agent-stated): Q4 2028

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 3,315,430, from the agent brief received on 14 October 2026. The asking price of AED 2,700,000 is AED 615,430 lower, equal to 18.6% of OP, matching the agent's stated saving of about AED 615,000. Adding the standard 4% DLD fee (AED 132,617) gives AED 3,448,047, so the asking price is AED 748,047 (21.7%) below the seller's combined cost. The agent describes the deal as about 18.5% below OP plus DLD; DPF's calculation shows 18.6% below OP alone and 21.7% below OP plus DLD. Dividing the asking price by 1,268 sq ft gives about AED 2,129 per sq ft.

This comparison is with the seller's own purchase cost only. It is not a claim that the unit is below current market value.

About the Project, Developer and Community

Skyscape Altius is the tallest of three Skyscape towers by Sobha Realty in Sobha Hartland 2, Mohammed Bin Rashid City, rising 85 storeys. The Skyscape towers offer one- to three-bedroom apartments; Altius layouts range from about 846 to 2,337 sq ft. Views take in a lagoon and the Downtown Dubai skyline. Published amenities include an infinity pool and submerged seating pool, indoor and outdoor gyms, steam, sauna and jacuzzi, a yoga zone, a sports court, a children's play area, a library, co-working space and a zen garden. Sobha lists handover as December 2028.

Layout, Floor and View

The agent describes a 1,268 sq ft two-bedroom apartment on a mid floor with a lagoon view. The exact floor, bathroom count and parking have not been supplied and should be confirmed from the SPA and floor plan.

Payment Plan and Handover

The amount the seller has paid and the remaining balance were not supplied. Obtain Sobha's statement of account showing what has been paid and the instalments still due. The agent gives handover as Q4 2028, consistent with Sobha's published December 2028. Confirm the contractual date in the SPA.

Location and Connectivity

Sobha Hartland 2 lies in Mohammed Bin Rashid City, beside Ras Al Khor Wildlife Sanctuary. Sobha cites around 10 minutes to Downtown Dubai and about 12 minutes to Business Bay and Dubai International Airport; actual times vary with traffic.

Verification Notes

• Agent-supplied facts: tower, unit type, size, mid floor, lagoon view, Q4 2028 handover, asking price and original price.
• DPF-calculated figures: savings against OP and against OP plus 4% DLD, and price per sq ft.
• External research: tower count, Altius height, unit mix, size range, views, amenities, travel times and handover, from Sobha Realty's official Skyscape page.
• Corrected figure: the agent's ~18.5% matches the discount to OP; against OP plus DLD it is 21.7%.
• Not supplied: amount paid, remaining balance, exact floor, bathrooms, parking and unit number.