2-Bedroom Apartment in 310 Riverside Crescent, Sobha Hartland 2, 20% Below Original Price

Property Overview

This 2-bedroom apartment in 310 Riverside Crescent, Sobha Hartland 2, Dubai, is offered at AED 2,000,000 for 101.7 sq m (about 1,095 sq ft) of built-up area, or roughly AED 1,826 per sq ft. The agent states the price is 20% below the original purchase price and that 10% of the purchase price remains outstanding. The original price figure has not been supplied.

Property Highlights

• Property type: Apartment
• Bedrooms: 2
• Built-up area: 101.7 sq m (about 1,095 sq ft)
• Asking price: AED 2,000,000
• Discount to original price: 20% (agent-stated; original price figure not supplied)
• Asking rate: approximately AED 1,826 per sq ft
• Payment: 60/40 plan; 10% outstanding (agent-stated)
• Building: 310 Riverside Crescent
• Developer: Sobha Realty

Why the Price Qualifies as Below OP

The agent states the asking price is 20% below the original purchase price. The original price itself has not been supplied. If the 20% is measured against the original price, that price would be about AED 2,500,000, a difference of roughly AED 500,000; this is a DPF estimate, not a confirmed figure. Buyers should request the SPA or Oqood to confirm the original price before committing.

About the Project, Developer and Community

Riverside Crescent is a residential project by Sobha Realty in Sobha Hartland 2, the developer's waterfront community in Mohammed Bin Rashid Al Maktoum City, planned around a crystal lagoon and landscaped green spaces. 310 Riverside Crescent is one of the project's towers.

Layout, Floor and View

The agent confirms a 2-bedroom layout of 101.7 sq m. Floor, view, bathrooms, parking and furnishing were not supplied. Ask the DPF team for the floor plan.

Payment Plan and Handover

The agent describes a 60/40 payment plan with 10% of the purchase price still outstanding. A 60/40 plan would normally leave 40% due at handover, so the 10% figure suggests further payments have already been made; confirm the exact amount outstanding and the handover date against the SPA and Sobha's statement of account before making an offer.

Location and Connectivity

Sobha Hartland 2 sits within MBR City, with road access to Al Khail Road and Ras Al Khor Road. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: 310 Riverside Crescent, Sobha Hartland 2, 2-bedroom apartment, 101.7 sq m, 20% below original price, 10% outstanding, 60/40 plan and AED 2,000,000 asking price.
• DPF-calculated figures: size conversion, approximately AED 1,826 per sq ft and an estimated original price of about AED 2,500,000.
• Not yet supplied: original price figure, handover date, exact amount outstanding, floor, view, bathrooms and parking.