1-Bedroom Apartment for Sale in 310 Riverside Crescent, Sobha Hartland 2 – Ultra Distress Below OP Deal

Property Overview

This mid-floor, 1-bedroom apartment (Type F2) with a full lagoon view in 310 Riverside Crescent, Sobha Hartland 2, is offered at AED 1,250,000 as an ultra-distress, below-original-purchase-price resale. The unit is priced 20.1% under the seller's stated original purchase price of AED 1,564,168, ahead of an agent-stated Q1 2027 handover. This transaction is structured as a share transfer via a DIFC holding company.

Property Highlights

• 1-bedroom apartment (Type F2)
• Mid floor
• Full lagoon view
• Located in 310 Riverside Crescent, Sobha Hartland 2
• Developer: Sobha Realty
• Priced 20.1% below the seller's original purchase price
• Ultra-distress sale
• Structured as a DIFC holding company share transfer

Why the Price Qualifies as a Below OP Deal

The seller's agent states an original purchase price of AED 1,564,168 for this unit. At the current asking price of AED 1,250,000, the savings amount to AED 314,168. DPF's independent recalculation puts this at 20.1% below the original price; the agent's brief cited approximately 20%, which is preserved here as an attributed claim. This benchmark has not been cross-checked against an independent DLD transaction record, so buyers should request the seller's original purchase documentation for confirmation.

Important Legal Notice: Share Transfer Transaction

This deal involves a share transfer via a DIFC holding company rather than a conventional SPA or direct title transfer. This structure carries additional legal and financial complexity. Buyers must engage independent legal counsel to review the holding company structure, the share transfer agreement and any associated liabilities before proceeding. DPF has not independently verified the legal structure of this transaction, and this listing should not be relied upon as legal or financial advice.

About the Project, Developer and Community

310 Riverside Crescent is a waterfront residential tower by Sobha Realty within Sobha Hartland 2 (Sobha Hartland II), a master-planned community in Mohammed Bin Rashid City between Downtown Dubai and Dubai Creek Harbour. The tower offers 1-, 1.5- and 2-bedroom apartments with lagoon and skyline views, set around a crystal lagoon with an artificial beach. Note: the agent's brief referred to the location as 'Sobha Hartland' and the building as 'Sobha 310 Crescent'; DPF's research identifies this specific project as 310 Riverside Crescent in Sobha Hartland 2, and this should be confirmed with the agent.

Layout, Floor and View

The unit is on a mid floor with a full lagoon view, as stated by the listing agent. No size in square feet, bathroom count or furnishing status was supplied in the brief, so these details are not listed here and should be confirmed directly with the agent.

Payment Plan and Handover

The agent brief states an expected handover of Q1 2027. Publicly available Sobha Realty sources cite a Q2 2028 handover for 310 Riverside Crescent, a notable gap that should be confirmed against the seller's purchase and transfer documents. No payment plan was supplied for this specific unit.

Location and Connectivity

Sobha Hartland 2 sits between Downtown Dubai and Dubai Creek Harbour in Mohammed Bin Rashid City, with a crystal lagoon, artificial beach and green landscaping running through the community. Exact distances or commute times to specific landmarks were not supplied and are not stated here to avoid invented figures.

Verification Notes

Unit-specific facts — price, original purchase price, floor level, view, unit type and the share-transfer structure — are as stated in the agent's brief and have not been independently verified by DPF. The savings amount and percentage below OP are independently recalculated by DPF from the agent-supplied figures; the recalculated 20.1% differs slightly from the agent's rounded 20%. No size in square feet was supplied, so size_sqft and price_per_sqft are omitted rather than invented. The agent brief's location ('Sobha Hartland') and building name ('Sobha 310 Crescent') have been mapped to the confirmed project, 310 Riverside Crescent in Sobha Hartland 2, based on DPF's research; this mapping should be confirmed with the agent before publication. The agent-stated Q1 2027 handover differs materially from the Q2 2028 handover cited by public project sources and has been flagged rather than silently corrected. Given the DIFC share-transfer structure, prominent legal due diligence warnings have been included per DPF policy. This listing remains a draft pending DPF review, agent confirmation of the project identity and handover date, and independent legal review before publication.