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 31 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 1,395,000 |
| 1. Payment to seller | AED 720,520 |
| 2. DLD Transfer fee 4% + 40 AED | AED 55,840 |
| 3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
| 4. Buyer's agent commission 2% + 5% VAT | AED 29,295 |
| On Handover | AED 674,480 |
| Total on Transfer | AED 810,905 |
| Total remaining Payment Plan | AED 674,480 |
| TOTAL COST FOR BUYER | AED 1,485,385 |
Photography
Distress Deal
This 1.5-bedroom apartment in Sobha One Tower A is offered as a distress deal at AED 1,395,000, representing a 16.2% discount from the original price of AED 1,664,000. The unit spans 733 sq.ft, setting the entry point at AED 1,903 per sq.ft. For context, recent off-plan transactions in Sobha One have registered at AED 2,115–2,435 per sq.ft for comparable 1- and 2-bedroom layouts, indicating a meaningful discount to the latest developer and resale benchmarks. The property is scheduled for completion in Q2 2027, with a payment plan that requires AED 810,905 on transfer and AED 674,480 on handover, resulting in a total buyer cost of AED 1,485,385 including fees. The immediate thesis is clear: this is an early-stage, below-market entry into a branded Sobha project, with the discount providing a buffer against construction risk and future market shifts.
Sobha One is positioned in Ras Al Khor, an area undergoing significant transformation as part of Dubai’s wider urban expansion. The project’s location offers direct access to key arterial roads, including Ras Al Khor Road and Al Ain Road, facilitating straightforward commutes to Downtown Dubai, Business Bay, and Dubai International Airport. Public transport options are developing, with bus routes serving the area and future infrastructure expected to improve connectivity further. For investors, the location’s proximity to both established business districts and emerging lifestyle destinations enhances the appeal to a broad tenant base, from professionals to small families seeking convenience and accessibility without the premium pricing of central Dubai.
Sobha One is a multi-tower development by Sobha Realty, designed to offer a comprehensive residential environment. Planned amenities include landscaped gardens, swimming pools, fitness centres, children’s play areas, and dedicated retail spaces within the complex. The project is expected to feature a golf course and extensive leisure facilities, aligning with Sobha’s reputation for integrated community living. Surrounding infrastructure is set to mature alongside the project, with nearby schools, healthcare centres, and shopping destinations serving residents’ daily needs. The wider Ras Al Khor area is also home to the Ras Al Khor Wildlife Sanctuary, providing a unique natural amenity within reach of the development. As the area continues to develop, residents will benefit from a blend of urban convenience and green space, supporting both end-user and rental demand.
At AED 1,903 per sq.ft, this unit is priced below recent transaction levels in Sobha One, where 1-bedroom units have traded at AED 2,435 per sq.ft and 2-bedroom units at AED 2,115–2,300 per sq.ft. This positions the deal attractively for investors seeking early-stage exposure at a discount to both developer and secondary market pricing. The Ras Al Khor corridor is drawing increasing attention from buyers priced out of Downtown and Dubai Creek Harbour, with Sobha’s brand recognition supporting resale and rental liquidity. The 1.5-bedroom layout is likely to appeal to singles, couples, or small families, broadening the tenant pool. Key risk points include construction and handover timing, as well as the pace of area infrastructure delivery. However, the discount provides a margin of safety, and the payment plan structure allows for staged capital deployment, which can be advantageous in a shifting market environment.
For investors seeking a discounted entry into a branded off-plan Dubai project, this 1.5-bedroom in Sobha One offers a compelling case. The 16.2% discount to original price, combined with a payment plan and a location positioned for future growth, creates a balanced risk-reward profile. The main considerations are construction timeline and the evolution of Ras Al Khor as a residential destination, but the pricing leaves room for both capital appreciation and rental yield once the project is delivered. This deal is best suited to buyers comfortable with off-plan risk who value a lower entry basis and are prepared to hold through to completion. If the area’s infrastructure and Sobha’s delivery track record continue on their current trajectory, the case for long-term value is credible, with the discount serving as a practical hedge against market volatility.
Illustrative model
Set your own assumptions and see how DISTRESS DEAL: 1.5-BR IN SOBHA ONE behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
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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
