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PAYMENT PLAN
UNIT PRICE | AED 1,485,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 302,483 |
2. DLD Transfer fee 4% + 40 AED | AED 59,440 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 31,185 |
PAYMENT PLAN SCHEDULE
24 Months from booking date | AED 168,931 |
36 Months from booking date | AED 168,931 |
42 Months from booking date | AED 168,931 |
On Completion | AED 675,724 |
SUMMARY
Total on Transfer | AED 398,358 |
Total remaining Payment Plan | AED 1,182,517 |
TOTAL COST FOR BUYER | AED 1,580,875 |
ABOUT THIS DEAL
DEAL SUMMARY
At AED 2,346 per square foot on a 633 square-foot one-bedroom with community and amenity aspects on floors 34 to 38, this unit sits within Sobha Hartland 2's pricing band for comparable one-bedroom stock, which has traded in the 2,200 to 2,800 AED per square foot range across recent transactions. Gross rental yields on one-bedroom apartments across Meydan and Mohammed Bin Rashid City have historically tracked between 6 and 7 per cent, implying an indicative annual rental return in the region of AED 89,000 to AED 104,000 against the entry price.
Sobha Hartland 2 sits within the mid-to-premium residential tier, with buyer interest divided between end-user owner-occupiers attracted to the school, park and golf-adjacent lifestyle and yield-focused investors targeting Sobha product at a defensible entry point. The supertall vertical format and amenity depth at Skyvue Stellar — infinity pool, outdoor cinema, music room and amphitheatre among a deeper amenity roster — position the tower toward the upper end of that band. Tenant demand is driven by mid-market professional and family renters rather than short-stay luxury occupants, with the high-floor amenity-view unit configuration suited to a medium-horizon yield thesis.
PROJECT DESCRIPTION
OVERVIEW
Skyvue Stellar is a planned 78-storey residential tower by Sobha Realty located within Sobha Hartland 2 in Bu Kadra, part of the Meydan district in Mohammed Bin Rashid City, Dubai. The development is the tallest tower in the Skyvue Collection and is distinguished by a triangular cross-section with rounded corners, a form intended to optimise outward views and daylight penetration. Units comprise a mix of one, two and three-bedroom apartments with floor-to-ceiling glazing, offering outlooks toward Downtown Dubai and the Ras Al Khor Wildlife Sanctuary. Handover is scheduled for 2029 under a 60/40 payment plan split between the construction phase and handover.
LOCATION AND MASTERPLAN CONTEXT
Sobha Hartland 2 forms part of the Sobha Hartland master-plan within Mohammed Bin Rashid City, a residential and mixed-use expansion zone south of Business Bay. The precinct sits adjacent to Ras Al Khor Wildlife Sanctuary, positioned between Downtown Dubai to the north and the Dubai Creek Harbour corridor to the east. The master-plan is structured around green-space integration, waterfront edges and cycle infrastructure. Adjoining communities include Sobha Hartland, Azizi Riviera, Meydan and District One, collectively forming a connected residential network across southern Mohammed Bin Rashid City.
TRANSPORT AND ACCESSIBILITY
Vehicular access is via Ras Al Khor Road and Al Ain–Dubai Road, connecting the site to Business Bay, Downtown Dubai and Dubai Creek Harbour within a typical 10 to 15 minute drive under standard traffic conditions. Dubai International Airport is reachable within approximately 15 to 20 minutes by car; Al Maktoum International Airport at Dubai South sits at roughly 35 to 40 minutes. Public transport in the immediate precinct is limited, with the nearest Dubai Metro stations at Business Bay and Al Jaddaf several kilometres away. Planned infrastructure expansions within Mohammed Bin Rashid City may improve future public transport access to the district.
AMENITIES AND FACILITIES
Resident amenities include an infinity pool, a children's pool, a Jacuzzi, a fully equipped gymnasium, an outdoor gymnasium, a clubhouse, a games room, a music room, a multi-purpose hall, an outdoor cinema, an amphitheatre, a chess arena, barbecue zones, a playroom and office spaces. Landscaped lawns sit at podium level alongside dedicated indoor workspaces. The broader Sobha Hartland 2 community links the building into sensory gardens, a water obstacle course and a scenic cycle path. The amenity depth positions the tower at the premium end of the district's residential offering and is consistent with Sobha's portfolio branding.
SURROUNDING INFRASTRUCTURE
Education within the precinct includes North London Collegiate School Dubai at approximately 1.9 kilometres and Hartland International School at 2.1 kilometres, with Swiss International Scientific School Dubai and the Rashid and Latifa Schools within a three to four-kilometre radius. Recreational anchors include The Track Meydan Golf at approximately two kilometres, Al Badia Golf Club further afield, and Ras Al Khor Wildlife Sanctuary at approximately 1.5 kilometres. Retail and dining within Downtown Dubai and Business Bay are accessible within the 10 to 15 minute drive window. Nearby hospitality includes Meydan Hotel, Vida Creek Harbour, Damac Towers by Paramount and Radisson Blu Dubai Canal View.
MARKET POSITION AND INVESTMENT CONTEXT
Sobha Hartland and Sobha Hartland 2 apartments have traded in a broad AED 2,200 to AED 2,800 per square foot band for comparable one-bedroom stock across recent off-plan and resale activity, with Sobha-branded towers commanding a premium given the developer's build quality and finish standards. Gross rental yields on one-bedroom apartments across Meydan and Mohammed Bin Rashid City have historically sat in the 6 to 7 per cent range, supported by mid-market professional and family tenant demand drawn to the district's school, park and golf-adjacent lifestyle. Sobha Hartland 2 sits within the mid-to-premium residential tier; the supertall format and amenity depth at Skyvue Stellar push its positioning toward the upper end of that band.
CONCLUSION
Skyvue Stellar combines Sobha Realty's developer reputation, a central Mohammed Bin Rashid City location and a supertall vertical format differentiated by architectural form and amenity depth. The district's proximity to Ras Al Khor Wildlife Sanctuary, The Track Meydan Golf and the Downtown Dubai core underpins sustained tenant and owner-occupier demand, while Sobha's portfolio presence in adjoining Sobha Hartland supports transaction liquidity and community management continuity. Key risk considerations are the extended construction horizon to 2029 handover, standard off-plan execution risk, the broader Mohammed Bin Rashid City supply pipeline, and the precinct's limited public transport integration pending future delivery.