2-Bedroom + Study Apartment in 340 Riverside Crescent, Sobha Hartland 2, 13.7% Below Original Price

Property Overview

This 2-bedroom apartment with a study in 340 Riverside Crescent, Sobha Hartland 2, Dubai, is offered as an off-plan resale at AED 2,200,000 for 1,131 sq ft of built-up area, or about AED 1,945 per sq ft. The asking price is AED 350,000 below the agent-stated original purchase price of AED 2,550,000, a 13.7% reduction. The agent reports a floor between 20 and 30 facing the Crystal Lagoon, a 60/40 payment plan and handover expected in Q4 2027.

Property Highlights

• Property type: Apartment
• Bedrooms: 2 plus study
• Built-up area: 1,131 sq ft
• Asking price: AED 2,200,000
• Original price (agent-stated): AED 2,550,000
• Saving versus original price: AED 350,000 (13.7%)
• Asking rate: approximately AED 1,945 per sq ft
• Floor: between 20 and 30 (agent-stated)
• View: Crystal Lagoon facing
• Payment plan: 60/40
• Expected handover: Q4 2027

Why the Price Qualifies as Below OP

The listing is classified as Below OP because the asking price of AED 2,200,000 is lower than the original purchase price of AED 2,550,000 stated in the agent's brief. The difference is AED 350,000, or 13.7% of the original price. At 1,131 sq ft, the asking price works out to roughly AED 1,945 per square foot.

The original price comes from the agent's brief received on 26 October 2026 and has not yet been checked against the SPA, Oqood or DLD records. The comparison reflects what the seller originally paid; it is not a claim that the unit is below current market value. The agent reports the seller needs to complete the sale urgently.

About the Project, Developer and Community

Riverside Crescent is a residential project by Sobha Realty in Sobha Hartland 2, the developer's waterfront community in Mohammed Bin Rashid Al Maktoum City, planned around a crystal lagoon and landscaped green spaces. 340 Riverside Crescent is one of the project's towers.

Layout, Floor and View

The agent confirms a 2-bedroom layout with a study, 1,131 sq ft, on a floor between 20 and 30 facing the Crystal Lagoon. Bathrooms, parking and furnishing were not supplied. Ask the DPF team for the floor plan.

Payment Plan and Handover

According to the agent, the unit is on a 60/40 payment plan with handover expected in Q4 2027. The amount already paid and the balance due to Sobha were not supplied. Confirm these, along with transfer and NOC fees, against the SPA and Sobha's statement of account before making an offer.

Location and Connectivity

Sobha Hartland 2 sits within MBR City, with road access to Al Khail Road and Ras Al Khor Road. Travel times vary with traffic and are not quoted here.

Verification Notes

• Agent-supplied facts: 340 Riverside Crescent, Sobha Hartland 2, 2-bedroom plus study apartment, 1,131 sq ft, floor 20 to 30, Crystal Lagoon facing, 60/40 plan, Q4 2027 handover, urgent sale, original price AED 2,550,000 and asking price AED 2,200,000.
• DPF-calculated figures: AED 350,000 (13.7%) below the original price and approximately AED 1,945 per sq ft.
• Not yet verified: SPA or DLD record of the original price, amount paid, bathrooms, parking and service charges.