High-Floor 1-Bedroom Off-Plan Apartment at 360 Riverside Crescent, Sobha Hartland 2 — Below Original Price

Property Overview

This is an off-plan high-floor one-bedroom apartment at 360 Riverside Crescent, a Sobha Realty tower in Sobha Hartland 2, Mohammed Bin Rashid City (MBR City), Dubai. Measuring 610 sq ft with a full lagoon view, it is offered at AED 1,240,780 — AED 299,220 below the seller's stated original purchase price of AED 1,540,000, a discount of about 19.4%, at an indicative AED 2,034 per sq ft. Handover is stated as Q4 2027.

Property Highlights

• Off-plan high-floor one-bedroom apartment at 360 Riverside Crescent
• 610 sq ft with a full lagoon view
• Priced AED 299,220 (about 19.4%) below the stated original purchase price
• Direct crystal lagoon access in the Riverside Crescent series, Sobha Hartland 2
• Asking price of AED 1,240,780 (approximately AED 2,034 per sq ft); handover Q4 2027

Why the Price Qualifies as Below OP

The seller states the apartment was originally purchased for AED 1,540,000. Against the current asking price of AED 1,240,780, this represents:

• Savings amount: AED 299,220
• Savings versus original price: about 19.4%
• Indicative rate: approximately AED 2,034 per sq ft, based on the 610 sq ft size

DPF's own calculation is about 19.4%; the agent's marketing rounds this to 20%. The original purchase price is seller-stated and consistent with the tower's one-bedroom launch pricing (from around AED 1.49M); buyers should confirm the exact figure against the signed SPA and Dubai Land Department records. The original purchase date was not supplied.

About 360 Riverside Crescent, Sobha Hartland 2 and Sobha

360 Riverside Crescent is the final tower in the Riverside Crescent series within Sobha Hartland 2, an off-plan waterfront development by Sobha Realty in MBR City, near Meydan, Ras Al Khor and Downtown Dubai. The tower offers one to three-bedroom apartments arranged around the community's crystal lagoon, with a diamond/crescent form. Amenities include direct crystal lagoon and boardwalk access, a wave pool and water sports, infinity pools and jacuzzis, sky gardens on the 18th and 43rd floors, padel, badminton and squash courts, a fitness centre, an open-air theatre and ground-floor retail and F&B. Handover is stated as Q4 2027.

Layout, Floor and View

The brief describes a high-floor one-bedroom apartment of 610 sq ft with a full lagoon view. 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, so the buyer takes over the seller's position subject to Sobha's transfer process and the signed SPA. The amount paid to date, outstanding balance, transfer fees and exact handover for this unit were not supplied and must be confirmed. Handover is stated as Q4 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, 610 sq ft, high floor, full lagoon view, off-plan status, AED 1,240,780 asking price, an AED 1,540,000 original purchase price and a Q4 2027 handover.
• Calculated by DPF: savings of AED 299,220 (about 19.4%) and an indicative AED 2,034 per sq ft. The agent's stated 20% is a slight round-up.
• Community: the brief's 'Sobha Hartland' corrected to Sobha Hartland 2, where 360 Riverside Crescent is located; confirm if a different community was intended.
• 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, location and amenities were taken from Sobha Realty/market sources; handover schedules vary, so the supplied Q4 2027 should be confirmed.
• The agent's "20% Below OP | Distress" statement is preserved as an attributed agent marketing claim; DPF's own calculation is about 19.4%.