Distress Deal
This unit has sold and is no longer available. 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 13 March 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.
On this page
The numbers
| UNIT PRICE | AED 1,780,000 |
| 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 |
| 7/7/2026 | AED 194,333 |
| On Handover | AED 777,333 |
| Total on Transfer | AED 922,204 |
| Total remaining Payment Plan | AED 971,666 |
| TOTAL COST FOR BUYER | AED 1,893,870 |
Photography
Distress Deal
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.
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.
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.
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.
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.
Illustrative model
Set your own assumptions and see how DISTRESS DEAL: 1-BR IN SOBHA ONE behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
Enter the asking price to run the model.
Every figure recalculates as you type. Use the price you are actually considering.
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 Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.
SOBHA ONE — Ras Al Khor, Dubai
