Property Overview
This is an off-plan two-bedroom apartment with two en-suite master bedrooms at 350 Riverside Crescent, a Sobha Realty tower in Sobha Hartland II, Mohammed Bin Rashid City (MBR City), Dubai. Measuring 1,201 sq ft and crystal-lagoon facing, it is offered at AED 2,350,000 net — AED 330,000 below the seller's stated original purchase price of AED 2,680,000, a discount of about 12.3%, at an indicative AED 1,957 per sq ft. Handover is stated as Q4 2027.
Property Highlights
- Off-plan two-bedroom apartment with two en-suite master bedrooms
- 1,201 sq ft, crystal-lagoon facing at 350 Riverside Crescent
- Priced AED 330,000 (about 12.3%) below the stated original purchase price
- Waterfront living in the Riverside Crescent series, Sobha Hartland II
- Asking price of AED 2,350,000 net (approximately AED 1,957 per sq ft); handover Q4 2027
Why the Price Qualifies as Below OP
The seller states the apartment was originally purchased for AED 2,680,000. Against the current asking price of AED 2,350,000 net, this represents:
- Savings amount: AED 330,000
- Savings versus original price: about 12.3%
- Indicative rate: approximately AED 1,957 per sq ft, based on the 1,201 sq ft size
DPF's own calculation is about 12.3%; the agent's marketing states 14%, which is overstated. The price is stated as net to the seller, and the original purchase price is seller-stated and consistent with the tower's two-bedroom pricing; buyers should confirm the exact figure and net-price terms against the signed SPA and Dubai Land Department records. The original purchase date was not supplied. The agent indicates an urgent sale, pointing to a motivated seller.
About 350 Riverside Crescent, Sobha Hartland II and Sobha
350 Riverside Crescent is an off-plan, diamond-shaped high-rise by Sobha Realty, one of the towers in the Riverside Crescent series within Sobha Hartland II, 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, en-suite bedrooms and panoramic views of the lagoon, waterfront and Meydan Racecourse. Residents enjoy direct access to a crystal lagoon with a sandy beach and boardwalk, infinity and wave pools, water sports, sky gardens, an open-air cinema, a clubhouse with padel, tennis and squash courts, a pet park and green spaces. Each apartment includes designer finishes, built-in furniture, kitchen appliances and a parking space. The community sits off Ras Al Khor Road near Dubai Creek and the Design District. Handover is stated as Q4 2027.
Layout, View and Terms
The brief describes a two-bedroom apartment of 1,201 sq ft with two en-suite master bedrooms and a crystal-lagoon-facing aspect, offered at a net price. Floor level, bathroom count, parking and furnishing were not supplied and should be confirmed, though units include a parking space as standard. 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 project was offered on a construction-linked plan; the amount paid to date, outstanding balance, transfer fees and exact handover for this unit should be confirmed. Handover is stated as Q4 2027.
Location and Connectivity
Sobha Hartland II sits in MBR City near Ras Al Khor Road, about two kilometres from Dubai Creek and three from 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: two-bedroom apartment (two master bedrooms), 1,201 sq ft, crystal lagoon facing, off-plan status, AED 2,350,000 net asking price, an AED 2,680,000 original purchase price and a Q4 2027 handover.
- Calculated by DPF: savings of AED 330,000 (about 12.3%) and an indicative AED 1,957 per sq ft. The agent's stated 14% is overstated; the accurate figure is about 12.3%.
- Benchmark: seller/owner-supplied original purchase price; original purchase date not supplied and not independently verified against DLD records. The agent indicates an urgent sale.
- 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 Q4 2027 should be confirmed.
- The agent's "14% Below OP | Seller Must Liquidate This Week" statement is preserved as an attributed agent marketing claim; DPF's own calculation is about 12.3%.