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 15 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 6,580,000 |
| 1. Payment to seller | AED 2,122,545 |
| 2. DLD Transfer fee 4% + 40 AED | AED 263,240 |
| 3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
| 4. Buyer's agent commission 2% + 5% VAT | AED 138,180 |
| 17.11.2025 | AED 742,909 |
| 16.05.2026 | AED 742,909 |
| On Handover | AED 2,971,637 |
| Total on Transfer | AED 2,529,215 |
| Total remaining Payment Plan | AED 4,457,455 |
| TOTAL COST FOR BUYER | AED 6,986,670 |
Photography
Distress Deal
This 2-bedroom apartment in Sobha SeaHaven Tower C is offered as a distress deal at AED 6,580,000, reflecting a 14.8% reduction from the original price of AED 7,719,850. The unit spans 1,687 sq.ft, which places the entry basis at approximately AED 3,900 per sq.ft. This is a significant discount for a new-build, waterfront address in Dubai Harbour, especially considering the current off-plan pricing trends in the area. The apartment is scheduled for completion in Q3 2027, with a staged payment plan available. The deal thesis is straightforward: the buyer secures a prime, high-floor, sea-facing asset in a flagship Sobha project at a notable discount to the original launch price, with the potential for capital appreciation as the project nears handover and the Dubai Harbour district matures further.
Sobha SeaHaven is located in Dubai Harbour, a strategic waterfront district positioned between Dubai Marina and Palm Jumeirah. This location offers direct access to Sheikh Zayed Road, making it practical for both daily commuting and leisure travel across the city. The area is well-served by road networks, and proximity to Dubai Marina ensures access to public transport options including the Dubai Tram and Metro. For residents and tenants, this means connectivity to major business, retail, and entertainment hubs such as JBR, Bluewaters Island, and Downtown Dubai. The Dubai Harbour masterplan also includes marina berths and cruise terminal facilities, which further enhance the lifestyle and investment appeal of the area. For investors, the location supports both long-term rental demand and short-stay potential, given the district’s growing profile as a leisure and residential destination.
Sobha SeaHaven is designed as a high-amenity, waterfront residential complex. Residents will have access to a comprehensive suite of facilities, including 24-hour security, concierge services, a state-of-the-art gym, health club, yoga and meditation areas, and both rooftop and infinity pools with panoramic sea views. The project also features a cinema room, children’s pool, landscaped pool deck, sauna and steam rooms, and private balconies. Apartments are delivered with fully-fitted kitchens, smart home automation, and high-quality finishes such as marble flooring and leatherette wardrobes. The surrounding Dubai Harbour district is rapidly developing, with planned retail, dining, and leisure infrastructure, as well as direct access to the marina and waterfront promenades. This amenity profile positions SeaHaven as a lifestyle-led address, appealing to both end-users and tenants seeking a modern, service-rich environment.
At an entry price of AED 3,900 per sq.ft, this unit sits below the current launch and resale pricing for comparable waterfront projects in Dubai Harbour and the broader Dubai Marina corridor. Recent transactions in Sobha SeaHaven and similar developments have seen higher per-square-foot rates, particularly for higher-floor, sea-facing layouts. The off-plan status introduces some completion and handover risk, but Sobha’s track record as a developer provides a degree of delivery confidence. The buyer profile for this segment is typically a mix of international investors, end-users seeking a waterfront lifestyle, and those looking to capitalise on Dubai’s ongoing residential demand. Rentability is supported by the area’s connectivity and amenity base, while liquidity should improve as the district matures and more infrastructure comes online. The main risk points are construction timelines and the broader market’s absorption of new supply, but the discount to original price provides a margin of safety for disciplined investors.
This distress deal in Sobha SeaHaven offers a practical entry into Dubai’s waterfront residential market at a visible discount to original pricing. The combination of a high-floor, sea-facing two-bedroom layout, strong amenity provision, and a reputable developer underpins the investment case. The payment plan structure allows for staged capital outlay, which may appeal to buyers seeking flexibility ahead of handover. The key considerations are the project’s completion timeline and the evolving supply dynamics in Dubai Harbour, but the discounted entry basis and the district’s long-term prospects provide a balanced risk-reward profile. For investors seeking exposure to Dubai’s next-generation waterfront, this deal presents a credible opportunity to secure a future-ready asset at a below-market cost, with upside potential as the area’s infrastructure and demand continue to build.
Illustrative model
Set your own assumptions and see how DISTRESS DEAL: 2-BR IN SOBHA SEAHAVEN 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 SEAHAVEN — Beachfront, Dubai
