Furnished 1 Bedroom + Study in The Crest, Sobha Hartland, at Original Price

Property Overview

This fully furnished one-bedroom plus study apartment in The Crest by Sobha Realty, Sobha Hartland, is offered as an urgent sale at AED 1,300,000, effectively at the agent-stated original purchase price of AED 1,303,745. The asking price is AED 3,745 below OP. The unit measures 680 sq ft, approximately AED 1,912 per sq ft, and the agent states the offer is valid for one week.

Property Highlights

• Property type: Apartment
• Bedrooms: 1 plus study
• Built-up area: 680 sq ft
• Asking price: AED 1,300,000
• Original purchase price: AED 1,303,745, plus DLD paid by the seller (agent-stated)
• Difference vs OP: AED 3,745 (0.29%)
• Price per sq ft: approx. AED 1,912 (calculated)
• Furnishing: Fully furnished (agent-stated)
• Offer: Valid for one week (agent-stated)
• Developer: Sobha Realty

How the Price Compares with the Original Cost

The agent states the original purchase price was AED 1,303,745, with the 4% DLD fee paid on top. At AED 1,300,000, the asking price is AED 3,745 or 0.29% below OP, which is effectively a sale at the original price.

The practical benefit for a buyer is that the seller is not adding any premium and is absorbing the DLD fee of roughly AED 52,150 that they paid at purchase. The buyer will still pay a new 4% DLD fee on transfer.

Calculation

• AED 1,303,745 minus AED 1,300,000 = AED 3,745 (0.29% below OP)
• 4% of AED 1,303,745 = approx. AED 52,150 DLD paid by the seller
• AED 1,300,000 / 680 sq ft = approx. AED 1,912 per sq ft

The original price comes from the agent's brief. DPF has not reviewed the SPA or title deed.

About the Project, Developer and Community

The Crest is a residential project by Sobha Realty in Sobha Hartland, the developer's waterfront community in Mohammed Bin Rashid City, planned around landscaped green spaces, international schools and Dubai Water Canal frontage, close to Downtown Dubai and Business Bay.

Layout and Furnishing

The agent confirms a one-bedroom plus study layout of 680 sq ft, offered fully furnished. The tower, floor, view, bathroom count, parking and completion status were not supplied and should be confirmed from the SPA or title deed.

Transfer

The agent states the offer is open for one week. Buyers should confirm whether the unit is ready or still off-plan, any balance payable to Sobha, any service charge arrears, the furniture inventory and Sobha's NOC requirements within that window.

Verification Notes

• Agent-supplied facts: project, developer, one bedroom plus study, 680 sq ft BUA, OP AED 1,303,745 plus DLD, asking price AED 1,300,000, fully furnished and one-week offer.
• Calculated by DPF: difference vs OP, estimated DLD paid by the seller and price per sq ft.
• External context: developer and community overview.
• Not supplied: tower, floor, view, completion status, bathrooms, parking and service charge.