1-Bedroom in 350 Riverside Crescent, Sobha Hartland 2 – Burj and Skyline View, 17.2% Below Original Price

Property Overview

This is an off-plan 1-bedroom apartment in Sobha Realty's 350 Riverside Crescent, Sobha Hartland 2, offered as a distress resale at AED 1,200,000. The agent states the original price was AED 1,450,000, so the asking price is AED 250,000, or 17.2%, below the original price. The 640 sq ft unit sits between floors 40 and 50 with Burj Khalifa and skyline views.

Property Highlights

• Asking price: AED 1,200,000
• Original price: AED 1,450,000 (agent-stated)
• Saving vs original price: AED 250,000 (17.2%, DPF calculation)
• Saving vs original price plus DLD: AED 308,000 (20.4%, DPF calculation)
• Property type: Apartment, 1 bedroom
• Size: 640 sq ft (agent-stated)
• Price per sq ft: approx. AED 1,875 (DPF calculation)
• Floor: Between 40 and 50
• View: Burj Khalifa and skyline
• Upfront amount: AED 621,628 (agent-stated)
• Developer: Sobha Realty

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 1,450,000 and a selling price of AED 1,200,000. DPF calculates the saving as AED 250,000, which is 17.2% below the original price. Adding the 4% DLD fee the original buyer paid (AED 58,000) brings the cost basis to AED 1,508,000, against which the asking price is 20.4% lower. The original price should be confirmed against the SPA.

About 350 Riverside Crescent

350 Riverside Crescent is an off-plan residential tower by Sobha Realty within Sobha Hartland 2, offering 1 and 2-bedroom apartments. Published plans include an infinity pool, a tennis court, observation decks, a pet park, green spaces and direct access to the community boardwalk, with 24/7 security.

Sobha Hartland 2

Sobha Hartland 2 is a waterfront master community by Sobha Realty in Mohammed bin Rashid City, planned around crystal lagoons, landscaped parks, schools and a mix of apartment towers and villas.

Layout, Floor and View

The agent describes this unit as a 1-bedroom layout of 640 sq ft between floors 40 and 50, with views of Burj Khalifa and the Downtown skyline. The exact floor and unit number, bathroom count and parking were not supplied, so buyers should confirm these from the SPA and floor plan.

Payment Plan and Handover

The agent quotes an upfront amount of AED 621,628, which appears to be the sum payable to the seller now, with the remaining balance due to Sobha. The agent also states a 60/40 plan with Q4 2027 handover, while published information for 350 Riverside Crescent shows a different payment structure and an earlier handover. Buyers should obtain the SPA and a Sobha statement of account to confirm the paid amount, remaining balance, payment schedule and handover date before agreeing terms.

Location and Connectivity

Sobha Hartland 2 sits in Mohammed bin Rashid City off Al Khail Road, with road access towards Downtown Dubai, Business Bay and Ras Al Khor. Specific travel times depend on traffic and route and are not quoted here.

Verification Notes

• Unit facts (price, original price, size, floor range, view, upfront amount, payment plan, handover) come from the agent brief received on 7 October 2026.
• Savings, DLD fee, OP + DLD total and price per sq ft were calculated by DPF from the agent's figures.
• The agent's payment plan and handover differ from published project information and must be confirmed from the SPA.
• Project details come from published 350 Riverside Crescent information and describe the development, not this specific unit.