340 Riverside Crescent by Sobha Realty

340 Riverside Crescent is a high-rise residential tower by Sobha Realty in Sobha Hartland 2, Dubai, and one of the six towers that make up the developer's Riverside Crescent cluster. It holds 760 residences across 1 bedroom, 1.5 bedroom, 2 bedroom and 2.5 bedroom apartments, with handover scheduled for Q4 2027.

The tower stands in Sobha Hartland 2, Sobha Realty's master community in central Dubai. According to Sobha Realty's brochure, the community is about 5 minutes from Ras Al Khor Wildlife Sanctuary, about 10 minutes from Downtown Dubai and Meydan Racecourse, about 12 minutes from Business Bay and Dubai International Airport, about 15 minutes from Burj Khalifa and The Dubai Mall, and about 25 minutes from Palm Jumeirah.

There are four layouts: 1 bedroom apartments of 491 to 956 sq ft (46 to 89 sq m), 1.5 bedroom apartments of 636 to 935 sq ft (59 to 87 sq m), 2 bedroom apartments of 947 to 1,255 sq ft (88 to 117 sq m) and 2.5 bedroom apartments of 1,130 to 1,231 sq ft (105 to 114 sq m). In Sobha Realty's unit plans, a 1.5 bedroom is a one-bedroom layout with a study room, some with a powder room, and a 2.5 bedroom is a two-bedroom layout with a study room.

Prices start from AED 1.23M ≈ USD 334K for a 1 bedroom apartment, AED 1.45M ≈ USD 395K for a 1.5 bedroom, AED 2.05M ≈ USD 558K for a 2 bedroom and AED 2.50M ≈ USD 681K for a 2.5 bedroom. 4 units are currently available, and the price of a specific unit moves with its floor, its view and Sobha Realty's release pricing.

The plan is 60/40: a 20% down payment plus the 4% DLD registration fee at booking, 40% during construction and 40% on handover in Q4 2027, which Sobha Realty's plan card says can be paid directly or through a mortgage. On a 1 bedroom at AED 1.23M that means AED 246,000 plus a DLD fee of AED 49,200 at booking, then AED 492,000 during construction and AED 492,000 on handover. The timing of the construction payments is set in each SPA, and the DLD fee is paid to the Dubai Land Department rather than into the escrow account.

Handover is scheduled for Q4 2027. The tower is under construction and past the halfway mark, and its dated Dubai Land Department register readings are followed in the 340 Riverside Crescent construction updates guide. The final handover date is confirmed by Sobha Realty.

Sobha Realty lists tower amenities including a yoga zone, indoor gym, multipurpose hall with outdoor space, observation deck, kids' playroom, library, art and music room and indoor movie theatre, and podium amenities including a leisure pool with infinity edge, toddler pool, wet deck with jacuzzi, outdoor gym, barbeque area, outdoor kids' play area, day beds and cabanas and a sensory garden. At community level, Sobha Hartland 2 adds clubhouses with a 50m Olympic pool, squash and tennis courts, a wave pool and water sports, a skate park, cycle paths, jogging tracks and a pet park, and the developer counts over 70 amenities across the community.

Views vary by unit and floor. Sobha Realty's unit plans label each apartment's outlook as Park View, Meydan Golf Course, Lagoons with Amenities or Lagoons with Community, and the developer markets the Riverside Crescent cluster for views over the Dubai skyline, greenery and Meydan Racecourse. The view label on the specific unit plan is the one to rely on when comparing apartments.

The 2 bedroom apartments from AED 2.05M and the 2.5 bedroom apartments from AED 2.50M are priced at or above the AED 2M ≈ USD 545K property threshold for the 10-year UAE Golden Visa, while the 1 bedroom and 1.5 bedroom apartments are priced below it. The 2 bedroom starting price clears the threshold by only AED 50,000, and the qualifying value is the purchase price recorded on the title deed or Oqood, so a buyer should confirm the specific unit's price is at least AED 2M before relying on it. Approval rests with the UAE authorities, and the 340 Riverside Crescent Golden Visa guide covers the steps.

In Dubai, foreign buyers can own property outright in areas designated for freehold ownership, and an off-plan purchase is first registered with the Dubai Land Department through Oqood before the title deed is issued after completion. The ownership type for a unit at 340 Riverside Crescent is stated in its Sales and Purchase Agreement and Oqood registration, which is the record to check before signing.

Off-plan payments for 340 Riverside Crescent are made into the project's DLD-registered escrow account with Emirates NBD and released to the developer against construction progress, a framework regulated by the Dubai Land Department. How the account works and how to check it is covered in the 340 Riverside Crescent escrow account guide.

Yes. Reservation, SPA signing and Oqood registration can all be completed remotely, and I manage the process end to end with Sobha Realty on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.