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PAYMENT PLAN
UNIT PRICE | AED 1,485,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 302,483 |
2. DLD Transfer fee 4% + 40 AED | AED 59,440 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 31,185 |
PAYMENT PLAN SCHEDULE
24 Months from booking date | AED 168,931 |
36 Months from booking date | AED 168,931 |
42 Months from booking date | AED 168,931 |
On Completion | AED 675,724 |
SUMMARY
Total on Transfer | AED 398,358 |
Total remaining Payment Plan | AED 1,182,517 |
TOTAL COST FOR BUYER | AED 1,580,875 |
PROJECT DESCRIPTION
OVERVIEW
This 1-bedroom apartment in Skyvue Stellar is listed as a Distress Deal at AED 1,485,000. Against the AED 1,745,829 original price, the current position shows a 15.0% discount and a saving of AED 260,829. The unit measures 633 sq.ft, sits on the 34-38 floor band, and has community and amenities views. Handover is listed for 2029, with Sobha as developer.
LOCATION & TRANSPORT
Skyvue Stellar sits within the Sobha Hartland II growth corridor, giving the unit access to the wider Mohammed Bin Rashid City and Ras Al Khor side of Dubai. The location is positioned for buyers who want a new-build Sobha address close to central Dubai, while still sitting outside the most expensive Downtown and Business Bay core. Road access links the area back toward Ras Al Khor Road, Meydan and Dubai Creek Harbour.
AMENITIES & SURROUNDING
The project context is a high-rise Sobha residential product, with the listing details highlighting a community and amenities outlook. The appeal for this unit is the combination of compact 1-bedroom sizing, high-floor band and branded developer profile. For buyers comparing new Sobha stock, the key practical points are the 633 sq.ft layout, 2029 delivery window and the discount against the original price plus DLD basis.
MARKET
At AED 2,346 per sq.ft on 633 sq.ft, the entry price gives buyers a clear numerical basis for comparing this Skyvue Stellar unit against nearby stock. The current asking price is AED 1,485,000 against AED 1,745,829, showing a 15% discount before any buyer-side transfer costs. At AED 2,346 per square foot on a 633 square-foot one-bedroom with community and amenity aspects on floors 34 to 38, this unit sits within Sobha Hartland 2's pricing band for comparable one-bedroom stock, which has traded in the 2,200 to 2,800 AED per square foot range across recent transactions. Gross rental yields on one-bedroom apartments across Meydan and Mohammed Bin Rashid City have historically tracked between 6 and 7 per cent, implying an indicative annual rental return in the region of AED 89,000 to AED 104,000 against the entry price. The asking price, discount, size and price per square foot are the core comparison points for buyer review.
CONCLUSION
This Skyvue Stellar Distress Deal offers a 633 sq.ft 1-bedroom apartment at AED 1,485,000, with a 15.0% saving against the original price basis. It is best read as a compact off-plan Sobha entry with a clear discount, a high-floor position and a 2029 handover profile. Sobha Hartland 2 sits within the mid-to-premium residential tier, with buyer interest divided between end-user owner-occupiers attracted to the school, park and golf-adjacent lifestyle and yield-focused investors targeting Sobha product at a defensible entry point.