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PAYMENT PLAN
UNIT PRICE | AED 1,780,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 808,334 |
2. DLD Transfer fee 4% + 40 AED | AED 71,240 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 37,380 |
PAYMENT PLAN SCHEDULE
7/7/2026 | AED 194,333 |
On Handover | AED 777,333 |
SUMMARY
Total on Transfer | AED 922,204 |
Total remaining Payment Plan | AED 971,666 |
TOTAL COST FOR BUYER | AED 1,893,870 |
PROJECT DESCRIPTION
OVERVIEW
Sobha One is a large residential development located in Ras Al Khor Industrial Area 1 in Dubai, United Arab Emirates. The project is configured as a multi-building complex composed of five residential towers developed by Sobha Realty through its subsidiary Sobha Capital LLC. The development forms part of the wider growth corridor positioned between Mohammed Bin Rashid City, Dubai Creek Harbour and the Ras Al Khor area. The project is currently under development with an estimated completion date of June 2026.
LOCATION & TRANSPORT
The project is situated within Ras Al Khor Industrial Area 1, a transitional zone located east of Downtown Dubai and south of Dubai Creek. While the Ras Al Khor district historically comprised industrial land uses and warehouses, it has increasingly been incorporated into residential and mixed use urban expansion associated with Mohammed Bin Rashid City and Dubai Creek Harbour. Sobha One occupies a position close to Ras Al Khor Road which provides direct connectivity into several central Dubai districts including Business Bay, Downtown Dubai and Nad Al Sheba.
AMENITIES & SURROUNDING
The surrounding districts contain a range of attractions and community infrastructure. One of the closest natural landmarks is Ras Al Khor Wildlife Sanctuary located approximately 1.5 kilometres from the development. The sanctuary is known for its protected wetlands and migratory bird populations including flamingos. Retail and entertainment facilities are available at Dubai Festival City Mall, which is located several kilometres north of the site and offers cinemas, dining outlets and waterfront attractions including the Imagine fountain and light show.
MARKET
The surrounding educational infrastructure includes several international schools serving nearby communities. Swiss International Scientific School Dubai is located approximately 2.9 kilometres from Sobha One and offers international curricula including International Baccalaureate programmes. North London Collegiate School Dubai located around 3.3 kilometres away operates an IB based academic curriculum. Hartland International School within Sobha Hartland provides a British curriculum and is located roughly 3.5 kilometres from the development. Additional educational options include Rashid and Latifa Schools located in Nad Al Sheba. These institutions serve residents across Ras Al Khor, Mohammed Bin Rashid City and adjacent residential districts. Units within Sobha One are primarily residential apartments designed for owner occupation or investment. Typical units range from compact one bedroom apartments through larger multi bedroom layouts. Sizes recorded in government transaction data range from approximately 550 square feet to over 1,400 square feet depending on configuration.
CONCLUSION
The surrounding educational infrastructure includes several international schools serving nearby communities. Swiss International Scientific School Dubai is located approximately 2.9 kilometres from Sobha One and offers international curricula including International Baccalaureate programmes. North London Collegiate School Dubai located around 3.3 kilometres away operates an IB based academic curriculum. Hartland International School within Sobha Hartland provides a British curriculum and is located roughly 3.5 kilometres from the development. Additional educational options include Rashid and Latifa Schools located in Nad Al Sheba.