Mid-Floor 1-Bedroom Off-Plan Apartment (F2) at 310 Riverside Crescent, Sobha Hartland 2 — Below Original Price

Property Overview

This is an off-plan mid-floor one-bedroom apartment (F2 layout) at 310 Riverside Crescent by Sobha Realty, in Sobha Hartland 2, Mohammed Bin Rashid City (MBR City), Dubai. With a full lagoon view, it is offered at AED 1,250,000 — AED 314,168 below the seller's stated original purchase price of AED 1,564,168, a discount of about 20%. The size was not supplied, so no rate per square foot is stated. Handover is stated as Q1 2027, and the sale is by share transfer of a DIFC holding company.

Property Highlights

• Off-plan mid-floor one-bedroom apartment (F2 layout) at 310 Riverside Crescent
• Full lagoon view in the diamond-shaped Riverside Crescent tower
• Priced AED 314,168 (about 20%) below the stated original purchase price
• Sold via share transfer of a DIFC holding company (see terms)
• Asking price of AED 1,250,000; handover Q1 2027

Why the Price Qualifies as Below OP

The seller states the apartment was originally purchased for AED 1,564,168. Against the current asking price of AED 1,250,000, this represents:

• Savings amount: AED 314,168
• Savings versus original price: about 20%

The original purchase price is seller-stated and plausible for a mid-floor, full-lagoon-view one-bedroom at 310 Riverside Crescent, where one-bedrooms start from around AED 1.15M to 1.49M with premium lagoon-view units higher; the asking price sits near the launch base, supporting the distress positioning. Buyers should confirm the exact figure against the signed SPA and Dubai Land Department records. The original purchase date was not supplied. A rate per square foot is not shown because the size was not provided.

Transaction Structure (Share Transfer)

The sale is by share transfer of a DIFC holding company that owns the unit, rather than a direct property transfer. The buyer acquires the company — and its assets and any liabilities — which can change the fee structure (a share transfer may not incur the standard 4% DLD property-transfer fee) and the process, but requires company-level due diligence in addition to the usual property checks. The structure, applicable fees, DLD/registration treatment and corporate due diligence should be confirmed with legal counsel before proceeding.

About 310 Riverside Crescent, Sobha Hartland 2 and Sobha

310 Riverside Crescent is a high-rise, diamond-shaped tower by Sobha Realty, among the first towers in the Riverside Crescent series within Sobha Hartland 2, an 8 million sq ft gated waterfront community in MBR City with a crystal lagoon and artificial beach. It offers one, one-and-a-half and two-bedroom apartments with floor-to-ceiling windows and views of the lagoons, Meydan Racecourse and Dubai skyline. Amenities include crystal lagoon, beach and boardwalk access, sky gardens at multiple levels, an observation deck, an infinity pool, a gym, landscaped gardens, a pet park, BBQ areas, children's play areas, workspaces and retail. The community sits off Ras Al Khor Road, about 10-12 minutes from Downtown Dubai. Handover is stated as Q1 2027.

Layout, Floor and View

The brief describes a mid-floor one-bedroom apartment in the F2 layout with a full lagoon view. Bathroom count, parking, size and furnishing were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.

Payment Plan and Handover

This is an off-plan resale, structured as a share transfer of the owning company; the buyer takes over the seller's position subject to the applicable transfer process and the signed documents. The project was offered on an 80/20 plan (20% down, 60% installments, 20% handover); the amount paid to date, outstanding balance, fees and current handover should be confirmed. Handover is stated as Q1 2027, though sources indicate later.

Location and Connectivity

Sobha Hartland 2 sits in MBR City near Ras Al Khor Road, close to Dubai Creek and the Design District, with Downtown Dubai reachable in around ten to twelve minutes. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: one-bedroom apartment (F2 layout), mid floor, full lagoon view, off-plan, AED 1,250,000 asking price, an AED 1,564,168 original purchase price, a Q1 2027 handover and a share transfer via a DIFC holding company.
• Calculated by DPF: savings of AED 314,168 (about 20.1%); consistent with the agent's stated 20% below OP. No rate per square foot, because the size was not provided.
• Community: the brief's 'Sobha Hartland' corrected to Sobha Hartland 2, where 310 Riverside Crescent is located.
• Transaction: share transfer of a DIFC holding company; flagged for fee/process and corporate due-diligence implications; confirm with legal counsel.
• Status: handover supplied as Q1 2027; sources indicate later (Q2 2027 to Q2 2028); confirm.
• Researched project facts: developer (Sobha Realty), Riverside Crescent series, 1-bedroom sizes, amenities and handover were taken from Sobha Realty/market sources.
• The agent's "Ultra Distress | 20% Below OP | Full Lagoon View | DIFC Holding Company | Share Transfer" statement is preserved as an attributed agent marketing claim; DPF confirms about 20% below OP.