Property Overview
This is an off-plan high-floor one-bedroom apartment at 330 Riverside Crescent, a Sobha Realty tower in Sobha Hartland 2, Mohammed Bin Rashid City (MBR City), Dubai. Measuring 838 sq ft with a lagoon view, it is offered at AED 1,740,000 — AED 160,000 below the seller's stated original purchase price of AED 1,900,000, a discount of about 8.4%, at an indicative AED 2,076 per sq ft. The agent states approximately 70% has been paid, with handover due in Q3 2027.
Property Highlights
- Off-plan high-floor one-bedroom apartment at 330 Riverside Crescent
- 838 sq ft (large layout) with a lagoon view
- Priced AED 160,000 (about 8.4%) below the stated original purchase price
- Approximately 70% paid; waterfront Riverside Crescent series, Sobha Hartland 2
- Asking price of AED 1,740,000 (approximately AED 2,076 per sq ft); handover Q3 2027
Why the Price Qualifies as Below OP
The seller states the apartment was originally purchased for AED 1,900,000. Against the current asking price of AED 1,740,000, this represents:
- Savings amount: AED 160,000
- Savings versus original price: about 8.4%
- Indicative rate: approximately AED 2,076 per sq ft, based on the 838 sq ft size
DPF's own calculation of the difference is AED 160,000; the agent's marketing states AED 200,000, which is overstated (AED 1,900,000 minus AED 1,740,000 equals AED 160,000). The original purchase price is seller-stated and consistent with the tower's one-bedroom pricing; buyers should confirm the exact figure against the signed SPA and Dubai Land Department records. The original purchase date was not supplied. The agent also markets the unit as the "lowest price for large layout," an unverified marketing claim.
About 330 Riverside Crescent, Sobha Hartland 2 and Sobha
330 Riverside Crescent is an off-plan, crescent-shaped 57-storey tower by Sobha Realty, part of the Riverside Crescent series within Sobha Hartland 2, an 8 million sq ft waterfront community in MBR City framed by crystal lagoons. The tower offers one, one-and-a-half and two-bedroom apartments with balconies, built-in furniture and appliances, and views of the lagoons, beaches and Meydan Racecourse. Residents enjoy two crystal lagoons with a beach edge, a wave pool and water sports, an infinity pool and gym, sky gardens on the 18th and 43rd floors, an open-air theatre, sensory and zen gardens, a clubhouse, kids' play areas, a pet park and retail and F&B, with covered parking. The community sits off Ras Al Khor Road near Dubai Creek and the Design District. Handover is stated as Q3 2027.
Layout, Floor and Payment Position
The brief describes a high-floor one-bedroom apartment of 838 sq ft — a larger one-bedroom layout — with a lagoon view. The agent indicates approximately 70% has been paid, so the buyer takes over the seller's position with the remaining balance due per the SPA. Bathroom count, parking 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. The agent states about 70% has been paid; the buyer assumes the seller's position, with the remaining balance and any handover payment due per the SPA. The amount paid to date, outstanding balance, transfer fees and exact handover for this unit should be confirmed. Handover is stated as Q3 2027.
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 fifteen 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, 838 sq ft, high floor, lagoon view, off-plan status, AED 1,740,000 asking price, an AED 1,900,000 original purchase price, approximately 70% paid and a Q3 2027 handover.
- Calculated by DPF: savings of AED 160,000 (about 8.4%) and an indicative AED 2,076 per sq ft. The agent's stated AED 200,000 below OP is overstated; the accurate difference is AED 160,000.
- Benchmark: seller/owner-supplied original purchase price; original purchase date not supplied and not independently verified against DLD records.
- Researched project facts: developer (Sobha Realty), Riverside Crescent series, sizes, amenities and location were taken from Sobha Realty/market sources; handover schedules vary across sources, so the supplied Q3 2027 should be confirmed.
- The agent's "AED 200,000 Below OP | Lowest Price for Large Layout" statement is preserved as an attributed agent marketing claim; DPF's own calculation is AED 160,000 (about 8.4%).