Description
Riverside Crescent: Luxury New Construction Apartments (Off-plan) in Hartland II
Riverside Crescent is a prestigious new development in the exclusive Sobha Hartland II, the successor to the successful Hartland I. This development offers a sophisticated lifestyle just a 7-minute drive from Dubai's Downtown and Business Bay. Riverside Crescent combines luxury living with the perfect location, where you can enjoy the tranquillity and exclusivity of a beautifully designed residential community.
Flats and Price: Riverside Crescent offers a selection of luxurious 1, 1.5 and 2-bedroom flats, available from €400,000 (excluding DLD fee). Sobha is known for their sleek finish, modern look and premium build quality, which rivals standards in Europe.
Location and Community: Located in Sobha Hartland II, Riverside Crescent offers not only a strategic location but also a vibrant and well-designed community. This community offers everything you or your tenants might need: supermarkets, swimming pools, a hospital, schools, retail, hospitality, sports courts, parks and gyms. It is like a small town within the city, where residents have all amenities at their fingertips. This makes Riverside Crescent ideal for both short-term and long-term rentals, as it offers all the conveniences tenants could wish for.
Fixed Value Investment: A major advantage of investing in a community like Hartland II is its value stability compared to flats in stand-alone towers. In a community, there is no competition from nearby towers, which makes the property value more stable. Moreover, the presence of all essential amenities ensures that the community remains attractive to both long-term tenants and tourists looking for a short-term stay.
Reliability and Investment: Sobha has earned a good reputation for completing projects not only on time, but often even before the scheduled completion date - a rarity in Dubai. This gives you as a buyer extra security in your investment. With a net yield of around 10% on comparable flats in Hartland I, Riverside Crescent offers an excellent investment opportunity. The flexible 60/40 payment plan allows you to take advantage of this opportunity with an initial investment of €240,000 until completion and a 50% Loan-to-Value (LTV) option for non-residents.
DLD Fee: When purchasing a flat in Dubai, you will pay a DLD fee, similar to the transfer tax in the Netherlands. This fee is 4% of the purchase price and is payable upon registration of the property.
The completion of the complex is scheduled for Q3 2027, giving you enough time to spread the investment amount through the payment plan.
Property information
Country
United Arab Emirates
Property Type
House / apartment
Contract information
Not Rented
Ownership status
Full ownership