Two-Bedroom Apartment with Maid's Room at Waves Opulence, Sobha Hartland — Priced Below Original Purchase Price

Property Overview

This is a two-bedroom apartment with a maid's room and a store at Waves Opulence, the Sobha Realty development in Sobha Hartland. The 1,502 sqft unit has a special layout and is offered at AED 2,950,000, which is AED 50,000 (1.7%) below the seller-stated original purchase price of AED 3,000,000. It is an off-plan resale, listed as a distress sale below original price.

Property Highlights

• Type: 2-bedroom apartment + maid's room
• Size: 1,502 sqft
• Asking price: AED 2,950,000
• Original purchase price (seller-stated): AED 3,000,000
• Saving vs. original price: AED 50,000 (1.7%)
• Rate: AED 1,964 per sqft
• Extras: storage room; special layout (agent-stated)
• Developer: Sobha Realty
• Community: Sobha Hartland

Why the Price Qualifies as Below OP

The classification uses the seller-stated original purchase price of AED 3,000,000 against the current asking price of AED 2,950,000, a difference of AED 50,000, or 1.7% (a modest margin). At 1,502 sqft the asking price is AED 1,964 per square foot. The benchmark is the original purchase price supplied in the brief; it is not a DLD transaction or a dated market comparison, and DPF has not independently verified it.

About the Project, Developer and Community

Waves Opulence is an off-plan residential development by Sobha Realty in Sobha Hartland, a waterfront community along the Ras Al Khor Road with greenery, schools and Dubai Creek frontage, close to Downtown Dubai. As an off-plan project, it is under construction toward its handover. Project specifications and the exact completion date should be confirmed against Sobha's official documentation.

Layout

The agent describes a two-bedroom unit with a maid's room and a store, 1,502 sqft, with a special layout. Exact floor level, layout, number of bathrooms, parking, view and orientation should be confirmed on the floor plan and in the Sale and Purchase Agreement.

Verification Notes

• Agent-supplied facts: 2-bedroom + maid, size (1,502 sqft), asking price (AED 2,950,000), original purchase price (AED 3,000,000), a store, and a special layout.
• DPF-calculated figures: savings amount (AED 50,000), savings percentage (1.7%), and price per square foot (AED 1,964).
• The brief note 'not covered' is an internal agency term (agent availability), not a property fact, and is not published.
• External project research: Waves Opulence is confirmed as an off-plan Sobha Realty development in Sobha Hartland; some sources place it in 'Sobha Hartland 2' — confirm the exact community. Unit-specific facts were not independently verified.
• The original purchase price is a seller-stated benchmark and has not been checked against a DLD record.