Palm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,558/sqftDubai Maritime City AED 3,148/sqftDowntown Dubai AED 2,920/sqftDubai Islands AED 2,769/sqftDubai Creek Harbour AED 2,564/sqftBusiness Bay AED 2,511/sqftDubai Marina AED 2,484/sqftDubai Hills Estate AED 2,446/sqftJumeirah Lakes Towers AED 2,304/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,048/sqftJumeirah Village Triangle AED 1,664/sqftDubai South AED 1,651/sqftArjan AED 1,588/sqftJumeirah Village Circle AED 1,492/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026
SoldDISTRESS DEAL: 1-BR IN SOBHA CREEK VISTA HEIGHTS - TOWER B — distress deal in Sobha Hartland from Mitchell's Commercial Real EstateSOBHA CREEK VISTA HEIGHTS - TOWER B · Sobha Hartland1 / 3

Sobha · Sobha Hartland

DISTRESS DEAL: 1-BR IN SOBHA CREEK VISTA HEIGHTS - TOWER B

Asking price as listedAED 1,460,000,AED 1,712 per sq.ft
Original price + DLDAED 1,731,976
DiscountAED 271,97615.7% below original price
Unit
1-BR
Size
853 sq.ft
Developer
Sobha
Handover
Q1 2027

The discount is measured against the original price + DLD recorded for this unit, not against a valuation.

Sold
Listed 27 September 2026

This unit has sold. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 27 September 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.

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The numbers

Payment breakdown

Total cost for buyer, as listedAED 1,562,564The unit price plus the transfer fees and commission — the whole commitment, not the headline.
Unit priceAED 1,460,000
Fees and commissionAED 102,564
Step 01Due at transferAED 896,419Payable when the unit transfers to the buyer.
  • Payment to sellerAED 793,855
  • DLD Transfer fee (4% of OP + 40 AED)AED 66,654
  • Trustee Office FeeAED 5,250
  • Buyer's Agency Commission (2% + VAT)AED 30,660
  • Total on transferAED 896,419
Step 02Payable to Sobha after transferAED 666,145The balance of the payment plan, which the buyer takes over.
  • On HandoverAED 666,145
  • Total remaining payment planAED 666,145

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Unit details

Property type
Apartment
Floor
Mid
View
Full Downtown skyline
Features
Balcony

Layout

Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN SOBHA CREEK VISTA HEIGHTS - TOWER BFloor planView full size

Floor plan

Floor plan for DISTRESS DEAL: 1-BR IN SOBHA CREEK VISTA HEIGHTS - TOWER B

Distress Deal

PROJECT DESCRIPTION

OVERVIEW

This one-bedroom apartment in Sobha Creek Vista Heights, Tower B, in Sobha Hartland, is offered at AED 1,460,000. The original price plus the 4% DLD fee was AED 1,731,976, so the asking price sits AED 271,976, or 15.7%, below original price. The unit measures 853 sq.ft of built-up area, which gives AED 1,712 per sq.ft on BUA. It is on a mid floor, faces the full Downtown skyline and has a balcony. Handover is scheduled for Q1 2027 and the developer is Sobha.

The layout is Sobha's one-bedroom Type E. An open living and dining room runs the depth of the plan with the kitchen along one side. The bedroom sits beside it with a full bathroom, and there is a separate powder room for guests, a utility cupboard by the entrance and a balcony at the glazed end of the plan.

At transfer the buyer pays AED 896,419. Of that, AED 793,855 goes to the seller, AED 66,654 is the DLD transfer fee, AED 5,250 is the trustee office fee and AED 30,660 is the buyer's agency commission. One payment of AED 666,145 then falls due on handover, which brings the total cost to AED 1,562,564.

LOCATION & TRANSPORT

Sobha Hartland is a master community in Mohammed Bin Rashid City, and the Dubai Land Department registers the project in Al Merkadh. The community lies between Downtown Dubai and the Ras Al Khor Wildlife Sanctuary, and the unit's recorded view is the full Downtown skyline. Al Khail Road runs along the community and connects to Business Bay and Downtown Dubai to the north and to Meydan and Dubai Hills to the south. Ras Al Khor Road gives a second route, towards Dubai Creek Harbour and Dubai Festival City. Most residents here drive, and the main business districts are a short journey by road. The same roads serve a tenant commuting to Downtown Dubai, Business Bay or DIFC.

AMENITIES & SURROUNDING

The project has two residential towers on a shared podium. The Dubai Land Department register records Tower B as basement, ground and 64 floors, with a service floor and a roof, and the project as a whole at 1,354 units. The developer's visuals show a landscaped pool deck on the podium between the towers, with two free-form pools, sun loungers, shade umbrellas and planted terraces around the water. Interiors are shown with floor-to-ceiling glazing in the living room and the bedroom, and the skyline view appears in both.

Hartland International School and North London Collegiate School Dubai both operate inside Sobha Hartland, which matters to families looking at the community for the longer term. The malls of Downtown Dubai and Dubai Festival City are a short drive away.

MARKET

The 15.7% reduction is measured against what the first buyer contracted to pay, which is the original price plus the 4% DLD fee. Because the asking price is below the original price, the DLD transfer fee is 4% of the original price plus AED 40, which comes to AED 66,654.

The payment structure is simple. About 54% of the unit price goes to the seller at transfer, and the remaining 46%, AED 666,145, is a single payment on handover. There are no instalments to service between transfer and completion. The handover payment can be funded from savings or, subject to approval, a mortgage on completion.

The Dubai Land Department records the project at 91.53% complete as at 8 September 2026. Handover is scheduled for Q1 2027, so there is no rental income before then.

CONCLUSION

This unit suits an investor or owner-occupier who wants a one-bedroom apartment with a Downtown skyline view in Sobha Hartland, and who is comfortable with a handover in the first quarter of 2027. The 15.7% reduction on original price and the single handover payment are the two points that set it apart. Before committing, a buyer should settle how the AED 666,145 due on handover will be funded. Contact us to walk through the floor plan, the handover payment and the transfer arithmetic, and we will arrange the next steps with you.

Location

SOBHA CREEK VISTA HEIGHTS - TOWER B — Sobha Hartland, Dubai

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Illustrative model

Scenario modeller

Set your own assumptions and see how DISTRESS DEAL: 1-BR IN SOBHA CREEK VISTA HEIGHTS - TOWER B behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

The price you are considering.

Drives the service charge only.

Rent and service charge both start here.

Holding & income

Your figure. We have not assumed one.

0% holds rent flat. It may be negative.

Your figure — we publish none. A month vacant plus re-letting time is roughly 8%, if that fits your building.

Your figure — we publish none. Letting fees and routine repairs.

Your figure — we publish none. Look your building up on Mollak — rates run AED 3 to AED 30+.

Acquisition costs

4% is the Dubai standard.

Buyer-side. 5% VAT added.

Your figure — we publish none. The trustee tariff is tiered and the admin lines vary by office; ask your trustee office for the total, and add your NOC and any legal quote.

Exit

1 to 40 years.

0% by default: we publish no price forecasts.

5% VAT added automatically.

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Every figure recalculates as you type. Use the price you are considering.

Method
Handover
The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield
Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield
(Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth
Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI
Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE
Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return
Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR
The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.

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