340 Riverside Crescent
Off-Plan

340 Riverside Crescent

From AED 1.50M·Handover Dec 2027·20% down payment Payment
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AED 1.50M
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
Retail · 1 BR
Type

Project Overview

340 Riverside Crescent is a residential complex within the Riverside Crescent development by Sobha Realty in Hartland 2. The modern architecture and sophisticated design seamlessly blend luxury with comfort. Floor-to-ceiling windows provide abundant natural light, creating a bright and welcoming ambiance. The tower features two basement levels, a ground floor, three podium levels, fifty-two residential floors, and a roof. The project offers luxurious one-, two-, and three-bedroom apartments with well-designed layouts and elegant interiors. Residents can enjoy a variety of amenities, including landscaped green areas, a fitness center, a swimming pool, a children’s playground, jogging tracks, and communal spaces for relaxation and socializing. The complex boasts a prime location, with business and shopping centers, educational institutions, healthcare facilities, and entertainment venues within close reach. Ras Al Khor Wildlife Sanctuary and Meydan Race Course are just 5 minutes away, while Dubai International Airport and Business Bay can be reached in 10 minutes. Dubai Mall, Burj Khalifa, and Dubai Frame are approximately 15 minutes from the development.

Project Specifications
DeveloperSobha Realty
LocationSobha Hartland 2
Unit TypesRetail, 1 BR, Apartments, Commerce
AreaSobha Hartland 2
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 64,725 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,225
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 97,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
340 Riverside Crescent launch basis1,667AED 1.50MCurrent launch / asking basis
Sobha Hartland 2 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Sobha Hartland 2 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Sobha Realty.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Basketball court
Central A/C
Covered Parking
Dining outlets (coffee houses & restaurants)
Infinity pool
Jogging tracks
Kids Play Area
Kids splash pad
Landscaped park
Leisure areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Tennis court

Location

Sobha Hartland 2

Nearby Destinations

Dubai Mall — 12 mins
Ras Al Khor Wildlife Sanctuary — 8 mins
Business Bay — 10 mins
Dubai International Airport — 18 mins
Sobha Hartland 2Sobha Hartland 2Dubai, UAE

Developer Track Record

01

340 Riverside Crescent by Sobha Realty

02

Located in Sobha Hartland 2

03

Starting from AED 1,500,000

04

Unit mix includes Retail, 1 BR, Apartments, Commerce

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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