1BR in 310 Riverside Crescent, Sobha Hartland 2 at AED 1,650,000 - Essentially at OP, Lagoon View, Motivated Seller

Property Overview

A 1-bedroom apartment in 310 Riverside Crescent, Sobha Hartland 2 at AED 1,650,000 for 698 sqft, equalling AED 2,364 per sqft. The original purchase price was AED 1,652,638, making this effectively an at-cost transfer with a nominal AED 2,638 saving (0.2%). Lagoon view from a mid floor. Motivated seller.

Property Highlights

• Type: 1-bedroom apartment
• Size: 698 sqft
• Asking price: AED 1,650,000
• Original price: AED 1,652,638
• Nominal saving: AED 2,638 (0.2%)
• Rate: AED 2,364 per sqft
• Floor: Mid floor
• View: Lagoon (crystal lagoon)
• Seller: Motivated

Pricing Context

This is essentially an at-cost transfer. The seller purchased at AED 1,652,638 and is selling at AED 1,650,000, absorbing the 4% DLD registration fee (approximately AED 66,106) plus the AED 2,638 price reduction, for a total estimated loss of approximately AED 68,744. The listing reflects a motivated seller looking for a quick exit rather than a deep discount.

Market Comparison

The median 1BR price in Sobha Hartland 2 is AED 1,650,000 (AED 2,000 per sqft). Lagoon-facing Riverside Crescent units trade at a premium of approximately AED 2,400 per sqft, while community-facing units trade at AED 2,100 per sqft. At AED 2,364 per sqft, this unit is within the expected range for its lagoon orientation.

Handover Date Discrepancy

The agent states handover in approximately 3 months. However, Property Finder, Metropolitan Real Estate and the Real Estate Club Dubai masterplan analysis all place 310 Riverside Crescent handover at April 2028 (Q2 2028). Other Riverside Crescent towers hand over earlier: tower 350 in Q1 2027, tower 330 in Q2 2027 and tower 360 in July 2027. Buyers should verify the exact handover date for tower 310 directly with Sobha Realty.

Unit Size Note

The agent states 698 sqft. The closest published Sobha floor plan is Type A at 696 sqft (642 sqft internal + 54 sqft balcony). The 2 sqft difference is likely a rounding or measurement variation. Property Finder lists 1BR sizes in 310 Riverside Crescent ranging from 608 to 902 sqft across eight layout types.

About 310 Riverside Crescent

310 Riverside Crescent is a 58-storey residential tower in Sobha Hartland 2 (Phase 2) by Sobha Realty. It is part of the Riverside Crescent cluster of six towers (310, 320, 330, 340, 350, 360) arranged along the community crystal lagoon. The tower offers apartments from 1BR to 3.5BR.

About Sobha Hartland 2

Sobha Hartland 2 is the second phase of Sobha Hartland, located in the Mohammed Bin Rashid City (MBR City) district. It features a central swimmable crystal lagoon with sandy beach and boardwalk, landscaped gardens, retail, gymnasium, children's play areas and covered parking. The community is in the Bukadra area, accessible via Ras Al Khor Road (E44).

Payment Plan

Sobha Realty offered two payment options for 310 Riverside Crescent: (1) 20% booking, 40% during construction, 40% on handover; or (2) 20% booking, 20% during construction, 60% on handover. The buyer should confirm what remains to be paid to Sobha under the seller's original plan.

Verification Notes

The asking price, OP, lagoon view and mid-floor position are from the agent brief. The 698 sqft is consistent with published floor plans (closest match Type A at 696 sqft). The handover date stated by the agent (~3 months, suggesting Q4 2027 or Q1 2027) conflicts with multiple sources showing April 2028 for tower 310. Buyers should verify the handover date, remaining payments and unit orientation.