Ref: CREEK-VISTAS-HEIGHTS-SOBHA-1BR-DISTRESS-001.
Sobha Hartland, United Arab Emirates
Bedrooms
1Down Payment
On RequestHandover Date
Q3-2026This is a verified motivated-seller distress listing at Creek Vistas Heights by Sobha Realty in MBR City. The seller is exiting at 4.7% below the original purchase price of AED 1,713,000, transferring a 816 sqft 1BR at AED 1,633,000 (AED 2,001/sqft) against a current MBR City secondary market of approximately AED 2,328/sqft — placing AED 267,000 in immediate unrealised equity in the buyer’s hands. MBR City recorded 6,200 DLD transactions in 2025, up 22% year-on-year, providing the buyer liquidity depth for any future exit. Dubai’s total 2025 residential transaction volume reached 205,100 sales worth AED 539.9 billion, up 18.3% year-on-year (DLD / Knight Frank), confirming the structural strength of the market within which this distress opportunity sits.
The unit occupies Higher Floor at Creek Vistas Heights, delivering Creek and Community View. With 55% of the original price already paid by the seller (AED 947,800), the buyer assumes only the remaining 45% (AED 685,200) at Q3-Q4 2026 handover — giving the buyer 9-12 months of cashflow planning runway between transfer and final payment. Semi-Furnished delivery allows the buyer to customise the unit at their own discretion while benefiting from the seller discount.
The seller is exiting at 4.7% below cost due to a genuine personal liquidity requirement — not a concern about the market, the developer or the project. Having committed AED 947,800 (55%) to Sobha Realty, the seller crystallises a cash loss of AED 80,000 rather than waiting through the remaining obligations. The buyer captures the full gap between this distress price and the current secondary market: AED 267,000 on AED 1,633,000 invested — a 16.4% immediate paper return — plus entry at AED 2,001/sqft against new off-plan launches in MBR City pricing at AED 2,900/sqft or above.
Sobha Realty-approved novation: seller NOC confirming no arrears; MOU with 10% escrow AED 163,300; Sobha Realty, seller and buyer sign novation SPA; buyer pays DLD 4% AED 65,320; buyer assumes 45% (AED 685,200) at Q3-Q4 2026 handover. DistressPropertyFinder.com manages all steps.
At AED 2,001/sqft, this unit sits AED 327/sqft (14.0%) below the current MBR City secondary market average of AED 2,328/sqft, and AED 899/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today pays materially more for a comparable MBR City address. At the mid-range annual rent estimate of AED 128,000, gross yield is 7.8%, delivering AED 108,416/yr net of service charges before any capital appreciation is counted.
Sobha Creek Vistas Heights is a 65-storey twin-tower premium project within Sobha Hartland (original, not Hartland II). 1BR at 816 sqft, higher floor. OP AED 1,713,000, SP AED 1,633,000 (AED 80,000 below OP). To seller AED 947,800 / to developer AED 685,200 = 55/45 payment split. Sobha Hartland 1BR transactions: AED 1,700,000-2,100,000 range (2025 DLD). Higher floor 816 sqft Sobha Creek Vistas at AED 1,633,000 = AED 2,002/sqft.
Al Khail Road. North London Collegiate School. Dubai Creek Harbour 10 min. Downtown 15 min.
Sobha Creek Vistas Heights 1BR higher floor: AED 110,000-148,000/yr. At AED 1,633,000, mid AED 125,000/yr = 7.7% gross.
SP AED 1,633,000 = AED 80,000 (4.7%) below OP. To seller AED 947,800; to developer AED 685,200 at handover. Sobha brand premium 8-12%. Higher floor creek/marina views. AED 2,002/sqft vs new Sobha launches AED 2,600-3,000/sqft.
The seller exits at 4.7% below the original cost of AED 1,713,000 due to genuine personal liquidity needs unrelated to any project or market concern. Having committed AED 947,800 (55%) to Sobha Realty, the seller prefers to crystallise a cash loss of AED 80,000 rather than wait. Full SPA and all payment receipts are available to verified buyers via DistressPropertyFinder.com.
Seller transfers at AED 1,633,000 — 4.7% below what they paid. Buyer acquires at AED 2,001/sqft vs MBR City market AED 2,328/sqft with AED 267,000 day-one unrealised equity. No speculative mark-up — this is a genuine below-cost exit.
Novation: seller NOC from Sobha Realty; MOU with 10% escrow AED 163,300; novation SPA; DLD registration with 4% fee AED 65,320; buyer assumes 45% (AED 685,200) at Q3-Q4 2026. 3-6 weeks total. DistressPropertyFinder.com manages all steps.
At AED 2,001/sqft — 14.0% below MBR City market AED 2,328/sqft — with AED 267,000 day-one equity and 7.8% gross yield at mid-range AED 128,000/yr, plus MBR City transactions at 6,200 (+22% in 2025) and new launches at AED 2,900/sqft, the investment case is clear. Sobha Realty’s delivery track record de-risks Q3-Q4 2026 handover.
A 1BR in MBR City with Creek and Community View achieves AED 110,000–AED 148,000/yr in annual Ejari leases. Semi-Furnished adds 15-20% vs unfurnished. At AED 1,633,000, mid-range AED 128,000/yr = 7.8% gross, net 6.6% after service charges of AED 19,584/yr.
Transfer to seller AED 947,800 + DLD AED 65,320 + NOC ~AED 5-6.5K. Immediate total AED 1,018,620. Handover balance AED 685,200 due Q3-Q4 2026. Zero agent fee. All-in (price+DLD): AED 1,698,320.
MBR City at AED 2,001/sqft offers comparable or superior yield versus Downtown Dubai at AED 3,800-4,800/sqft with 5.0-5.5% yields. MBR City transactions grew 22% in 2025 with new off-plan launches at AED 2,900/sqft confirming the appreciation trajectory. This unit’s AED 267,000 built-in equity provides a margin of safety Downtown purchasers at full market pricing do not have.
3-6 weeks from MOU. Sobha Realty NOC: 5-10 business days. DLD registration: 1-3 business days. DistressPropertyFinder.com manages all documentation, escrow and DLD registration end to end. Reference: CREEK-VISTAS-HEIGHTS-SOBHA-1BR-DISTRESS-001.
| Milestone | Payment% |
|---|---|
| Down_Payment | On Request |
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