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PAYMENT PLAN
UNIT PRICE | AED 2,440,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 767,157 |
2. DLD Transfer fee 4% + 40 AED | AED 97,640 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 51,240 |
PAYMENT PLAN SCHEDULE
06/04/2026 | AED 418,211 |
03/10/2026 | AED 418,211 |
On Handover | AED 836,421 |
SUMMARY
Total on Transfer | AED 921,287 |
Total remaining Payment Plan | AED 1,672,843 |
TOTAL COST FOR BUYER | AED 2,594,130 |
PROJECT DESCRIPTION
OVERVIEW
320 Riverside Crescent is a 65 storey residential skyscraper currently under development in the Sobha Hartland 2 master community in Bu Kadra, within the wider Meydan district of Mohammed Bin Rashid City, Dubai, United Arab Emirates. The project forms part of the broader waterfront oriented Sobha Hartland 2 development, a large scale master planned residential area designed around landscaped parks, internal road networks and proximity to key Dubai commercial corridors. The building is being developed by Sobha Realty through its subsidiary Sobha, an established real estate developer operating across the Middle East and international markets.
LOCATION & TRANSPORT
320 Riverside Crescent is situated within Sobha Hartland 2 in Bu Kadra, which forms part of the rapidly expanding Mohammed Bin Rashid City urban district. This area is positioned east of Downtown Dubai and south of Dubai Creek Harbour, placing the development within one of the largest mixed use expansion zones in the emirate. Mohammed Bin Rashid City covers a massive land area and includes residential zones, commercial districts, entertainment venues and planned waterfront developments.
AMENITIES & SURROUNDING
The surrounding Meydan and MBR City districts offer a wide range of infrastructure including educational institutions, leisure amenities and hospitality facilities. Schools located within a short driving distance of the property include North London Collegiate School Dubai at approximately 2.2 kilometres and Hartland International School at approximately 2.5 kilometres, both situated within Sobha Hartland. Rashid and Latifa Schools and the Bilingual French International School are also located within a few kilometres. Recreational amenities nearby include The Track Meydan Golf, a golf course located roughly 1.8 kilometres from the development.
MARKET
320 Riverside Crescent will comprise a range of residential apartments including one bedroom, two bedroom and three bedroom units. The building forms part of a larger waterfront themed residential concept within Sobha Hartland 2 where towers overlook landscaped green space and internal water features integrated into the master plan. At launch, unit prices were recorded from around AED 1,800,000 according to project marketing data and early sales information. Official project valuation recorded by the Dubai Land Department indicates a development value of approximately AED 770,883,000. As with many projects within Mohammed Bin Rashid City, the tower contributes to a wider urban regeneration strategy aimed at expanding residential supply within areas located relatively close to Downtown Dubai. Dubai Land Department transaction data indicates multiple off plan sales transactions within the building during 2026, reflecting ongoing investor and purchaser activity during the construction phase.
CONCLUSION
320 Riverside Crescent will comprise a range of residential apartments including one bedroom, two bedroom and three bedroom units. The building forms part of a larger waterfront themed residential concept within Sobha Hartland 2 where towers overlook landscaped green space and internal water features integrated into the master plan. At launch, unit prices were recorded from around AED 1,800,000 according to project marketing data and early sales information. Official project valuation recorded by the Dubai Land Department indicates a development value of approximately AED 770,883,000.