Ref: CREEK-VISTAS-HEIGHTS-2BR-DISTRESS-001
Sobha Hartland, United Arab Emirates
Bedrooms
2Down Payment
On RequestHandover Date
Q2-2026This is a verified motivated-seller distress listing at Creek Vista Heights by Sobha Realty in MBR City. The seller is exiting at 2.0% below the original purchase price of AED 2,038,516, transferring a 970 sqft 2BR at AED 1,997,000 (AED 2,059/sqft) against a current MBR City secondary market of approximately AED 2,371/sqft — placing AED 303,000 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 Mid-High Floor at Creek Vista Heights, delivering Creek and Community View. With 55% of the original price already paid by the seller (AED 1,121,184), the buyer assumes only the remaining 45% (AED 917,332) at 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 2.0% below cost due to a genuine personal liquidity requirement — not a concern about the market, the developer or the project. Having committed AED 1,121,184 (55%) to Sobha Realty, the seller crystallises a cash loss of AED 41,516 rather than waiting through the remaining obligations. The buyer captures the full gap between this distress price and the current secondary market: AED 303,000 on AED 1,997,000 invested — a 15.2% immediate paper return — plus entry at AED 2,059/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 199,700; Sobha Realty, seller and buyer sign novation SPA; buyer pays DLD 4% AED 79,880; buyer assumes 45% (AED 917,332) at Q4 2026 handover. DistressPropertyFinder.com manages all steps.
At AED 2,059/sqft, this unit sits AED 312/sqft (13.2%) below the current MBR City secondary market average of AED 2,371/sqft, and AED 841/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 158,000, gross yield is 7.9%, delivering AED 134,720/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 2.0% below the original cost of AED 2,038,516 due to genuine personal liquidity needs unrelated to any project or market concern. Having committed AED 1,121,184 (55%) to Sobha Realty, the seller prefers to crystallise a cash loss of AED 41,516 rather than wait. Full SPA and all payment receipts are available to verified buyers via DistressPropertyFinder.com.
Seller transfers at AED 1,997,000 — 2.0% below what they paid. Buyer acquires at AED 2,059/sqft vs MBR City market AED 2,371/sqft with AED 303,000 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 199,700; novation SPA; DLD registration with 4% fee AED 79,880; buyer assumes 45% (AED 917,332) at Q4 2026. 3-6 weeks total. DistressPropertyFinder.com manages all steps.
At AED 2,059/sqft — 13.2% below MBR City market AED 2,371/sqft — with AED 303,000 day-one equity and 7.9% gross yield at mid-range AED 158,000/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 Q4 2026 handover.
A 2BR in MBR City with Creek and Community View achieves AED 140,000–AED 185,000/yr in annual Ejari leases. Semi-Furnished adds 15-20% vs unfurnished. At AED 1,997,000, mid-range AED 158,000/yr = 7.9% gross, net 6.7% after service charges of AED 23,280/yr.
Transfer to seller AED 1,079,668 + DLD AED 79,880 + NOC ~AED 5-6.5K. Immediate total AED 1,165,048. Handover balance AED 917,332 due Q4 2026. Zero agent fee. All-in (price+DLD): AED 2,076,880.
MBR City at AED 2,059/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 303,000 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-2BR-DISTRESS-001.
| Milestone | Payment% |
|---|---|
| Down_Payment | On Request |
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