2-Bedroom with Two Master Suites in 350 Riverside Crescent – Lagoon Facing, 12.3% Below Original Price

Property Overview

This is an off-plan 2-bedroom apartment with two master suites in Sobha Realty's 350 Riverside Crescent, Sobha Hartland 2, offered as an urgent distress resale at AED 2,350,000. The agent states the original price was AED 2,680,000, so the asking price is AED 330,000, or 12.3%, below the original price. The 1,201 sq ft unit is on a high floor facing the lagoon.

Property Highlights

• Asking price: AED 2,350,000 (net price, agent-stated)
• Original price: AED 2,680,000 (agent-stated)
• Saving vs original price: AED 330,000 (12.3%, DPF calculation)
• Saving vs original price plus DLD: AED 437,200 (15.7%, DPF calculation)
• Property type: Apartment, 2 bedrooms (both master suites)
• Size: 1,201 sq ft (agent-stated)
• Price per sq ft: approx. AED 1,957 (DPF calculation)
• Floor: High floor
• View: Lagoon facing
• Developer: Sobha Realty

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 2,680,000 and a selling price of AED 2,350,000. DPF calculates the saving as AED 330,000, which is 12.3% below the original price. The agent describes the discount as 14%; the exact figure on the supplied prices is 12.3%. Adding the 4% DLD fee the original buyer paid (AED 107,200) brings the cost basis to AED 2,787,200, against which the asking price is 15.7% lower. The original price should be confirmed against the SPA.

About 350 Riverside Crescent

350 Riverside Crescent is an off-plan residential tower by Sobha Realty within Sobha Hartland 2, offering 1 and 2-bedroom apartments. Published plans include an infinity pool, a tennis court, observation decks, a pet park, green spaces and direct access to the community boardwalk, with 24/7 security.

Sobha Hartland 2

Sobha Hartland 2 is a waterfront master community by Sobha Realty in Mohammed bin Rashid City, planned around crystal lagoons, landscaped parks, schools and a mix of apartment towers and villas.

Layout, Floor and View

The agent describes this unit as a 2-bedroom layout of 1,201 sq ft in which both bedrooms are master suites, on a high floor facing the lagoon. The exact floor and unit number, bathroom count and parking were not supplied, so buyers should confirm these from the SPA and floor plan.

Payment Plan and Handover

The agent states a 60/40 payment plan with Q4 2027 handover, while published information for 350 Riverside Crescent shows a different payment structure and an earlier handover. The amount already paid by the seller was not supplied. Buyers should obtain the SPA and a Sobha statement of account to confirm the paid amount, remaining balance, payment schedule and handover date, and confirm in writing which fees are payable on top of the net price.

Location and Connectivity

Sobha Hartland 2 sits in Mohammed bin Rashid City off Al Khail Road, with road access towards Downtown Dubai, Business Bay and Ras Al Khor. Specific travel times depend on traffic and route and are not quoted here.

Verification Notes

• Unit facts (price, original price, size, layout, floor, view, payment plan, handover, urgency, net price) come from the agent brief received on 7 October 2026.
• Savings, DLD fee, OP + DLD total and price per sq ft were calculated by DPF from the agent's figures.
• The agent's payment plan and handover differ from published project information and must be confirmed from the SPA.
• Project details come from published 350 Riverside Crescent information and describe the development, not this specific unit.