DISTRESS DEAL | 2-BEDROOM IN 320 RIVERSIDE CRESCENT | SOBHA HARTLAND II — 13% BELOW OP

Sobha Hartland II is a continuation of the original Sobha Hartland masterplan which delivered the North Residences, Crest series, and Creek Vista towers to consistent critical acclaim for construction quality and finish standard. The second phase extends that footprint further into MBR City with additional canal frontage and a larger community infrastructure commitment.

Sobha Realty’s market position is built on one differentiator that matters more than any other in the off-plan segment: they build what they sell. The developer is vertically integrated — in-house design, in-house construction, in-house finishing — which eliminates the contractor dependency that produces the quality gap between renders and handover in the volume developer segment. Sobha’s delivered stock in Hartland consistently photographs identically to the marketing material, which is not the norm in Dubai off-plan delivery.

WHY THIS IS A DISTRESS DEAL

The seller is exiting a 1,172 sq ft dual-view 2-bedroom at AED 2,440,000 — AED 364,650 below their all-in cost.

With Q3 2027 handover approximately 12 months away, a buyer is acquiring near-complete Sobha product at a verified discount, with construction risk substantially reduced by the proximity of the handover date. At AED 2,440,000, this unit enters the secondary market at a price point that no new Sobha Hartland II 2-bedroom SPA is offering — current launch pricing for comparable units in the same community has moved materially above this level.

The dual view orientation on floors 17–21 is the unit’s strongest long-term asset. At this elevation, a dual-aspect layout captures both the canal corridor and the MBR City skyline — the view combination that drives premium rental positioning in Sobha Hartland stock.

2-bedroom units in Sobha Hartland I with comparable specifications consistently achieve AED 160,000–200,000 per annum on long-term lease, supporting gross yields of 6.5–8% at this entry price.

PROPERTY DETAILS

At 1,172 sq ft, this is a well-proportioned 2-bedroom layout for the MBR City segment. Floors 17–21 deliver the dual view without the penthouse-tier pricing. The balcony is included. Sobha’s standard specification in the Riverside Crescent series includes marble flooring, integrated German appliances, floor-to-ceiling glazing, and the in-house fit-out quality that distinguishes the brand from developer peers at similar price points.

PAYMENT PLAN

Payment schedule and remaining instalment breakdown available on request. With Q3 2027 handover, the buyer assumes the outstanding Sobha SPA milestones.

Off-plan mortgage financing is applicable subject to construction completion percentage at the time of application — at Q3 2027 handover proximity, lender eligibility is typically straightforward