1BR Below OP in 360 Riverside Crescent, Sobha Hartland II with Full Lagoon View

Property Overview

1BR apartment in 360 Riverside Crescent, Sobha Hartland II, offered at AED 1,400,000, which is 9.1% below the stated original price of AED 1,540,000. The 640 sqft unit on a high floor commands a full lagoon view and is priced at AED 2,188 per sqft. 360 Riverside Crescent is an off-plan development by Sobha Realty with handover expected in Q4 2027.

Property Highlights

• Asking price: AED 1,400,000
• Original price: AED 1,540,000 (agent-stated)
• Savings: AED 140,000 (9.1% below OP)
• Size: 640 sqft
• Price per sqft: AED 2,188
• High floor with full lagoon view
• Off-plan, handover Q4 2027
• Developer: Sobha Realty
• Developer payment plan: 20/60/20

Why the Price Qualifies as Below OP

The agent states the original price as AED 1,540,000 and the current asking price is AED 1,400,000, a reduction of AED 140,000 or 9.1%. A DLD primary registration in Jul 2026 for a 1BR of 610 sqft at AED 1,540,780 closely matches the stated OP, lending credibility to the benchmark.

DLD transaction records for 1BR units in 360 Riverside Crescent from Aug to Oct 2026 show registrations ranging from AED 1,712,305 (699 sqft) to AED 1,969,917 (710 sqft), all at AED 2,425 to AED 2,775 per sqft. These are larger units than this 640 sqft apartment, but their per-sqft rates are all above this listing at AED 2,188 per sqft. The data supports the listing being competitively priced relative to recent DLD activity in the building.

Competing Listings

At the time of research, an active listing in 360 Riverside Crescent offers a 1BR of 610 sqft at AED 1,325,000 (AED 2,172 per sqft) on a high floor. That unit is 30 sqft smaller and its listing does not specify a lagoon view. On a per-sqft basis, the two listings are comparable (AED 2,172 vs AED 2,188). Buyers seeking a full lagoon view and a larger layout may find this listing justifies the AED 75,000 premium.

About 360 Riverside Crescent and Sobha Hartland II

360 Riverside Crescent is a diamond-shaped residential tower by Sobha Realty within Sobha Hartland II, located in Mohammed Bin Rashid City (Bukadra). The project offers 1-bedroom (608 to 787 sqft), 1.5-bedroom, and 2-bedroom apartments (658 to 1,097 sqft) per Property Finder. The development is sold out at the developer level, with all available units now on the resale market.

Amenities include an infinity pool, gymnasium, tennis court, sky gardens on the 18th and 43rd floors, paddle tennis and squash courts, children's play areas, retail outlets, and a lagoon community with sensory gardens and a boardwalk. The development is freehold.

Location and Connectivity

Sobha Hartland II is situated in Mohammed Bin Rashid City (MBR City), adjacent to the original Sobha Hartland development. The community is accessible via Al Khail Road and Ras Al Khor Road. MBR City is positioned between Downtown Dubai and Meydan, offering proximity to the Dubai Creek and surrounding lagoon waterways. The lagoon view from this unit overlooks the internal waterway within the Sobha Hartland II master plan.

Payment and Handover

The developer payment plan for 360 Riverside Crescent is 20/60/20 (20% at booking, 60% during construction, 20% on handover). Construction began in May 2024 with handover targeted for Q4 2027. As a resale assignment, the buyer's payment obligations will depend on how much the seller has already paid under their SPA and the terms negotiated in the assignment agreement. An NOC from Sobha Realty is required to process the assignment.

Verification Notes

• The original price of AED 1,540,000 is stated by the agent. A Jul 2026 DLD primary at 610 sqft for AED 1,540,780 closely corroborates this figure.
• The agent refers to the project as 'Sobha Riverside 360'; the PF and DLD canonical name is '360 Riverside Crescent.'
• The agent states 640 sqft, which falls within the PF 1BR range of 608 to 787 sqft.
• An active competing listing in the same building offers a smaller 1BR (610 sqft) at AED 1,325,000 without a specified lagoon view.
• DLD 1BR transactions from Aug to Oct 2026 range from AED 1,712,305 to AED 1,969,917 for units of 663 to 736 sqft, all above this listing on a per-sqft basis.
• All DLD transactions remain classified as off-plan, consistent with the Q4 2027 handover timeline.