Underwrite before you commit
The figures in this post are checked against Dubai Land Department records and RERA filings. Get an independent underwriting score on any project, or ask Javier on WhatsApp.
The short version
350 Riverside Crescent
is an off-plan residential project by Sobha, located in Sobha Hartland 2, Dubai. The current price table supplied for the project covers nine units in a single configuration: a 1.5-bedroom apartment type. Prices in that table start at AED 1,980,110 and reach AED 2,654,370, with four of the nine units priced at or under AED 2,500,000.
On off-plan the developer pays Oliva's commission and the buyer pays nothing for representation; a 2% + VAT buyer fee applies only to resale and secondary purchases. The project has a stated handover in December 2027. Because this is off-plan, the buyer should verify title, escrow and contract terms before committing.
This review is based solely on the factual data provided. It does not include rental history, resale history or service charge figures, so those items should be confirmed separately.
Where 350 Riverside Crescent is
Sobha Hartland 2 is the area listed in the current listing data. The data set does not include area-level pricing or rental aggregates, so a buyer should not rely on averages from this review. Instead, assess the location by checking travel distances to workplaces, schools and transport connections, and by asking for recent comparable transactions in the same master community.
Because the project is in Dubai, the legal framework for off-plan sales applies, including escrow requirements under Dubai Law No. (8) of 2007. Buyers should confirm how the project's location within Sobha Hartland 2 affects access and any planned infrastructure, noting that the current listing data does not specify these details.
More projects in Sobha Hartland 2 are listed at projects in Sobha Hartland 2.
Paying for it
The payment plan is named Main and has milestones: 20% on booking, another 20% after booking, and the remaining 60% upon handover. The summary states the same: 20% on booking, 20% after booking, 60% upon handover.
The milestone labelled 'After Booking' does not specify a date or a construction-linked trigger in the current listing data, so a buyer should confirm with the developer whether this second 20% is due on a fixed schedule or when a particular construction stage is reached. If it is construction-linked, the buyer's cash-flow timing will depend on actual progress, not a set date.
Because handover is stated as December 2027, the 60% balance is due no earlier than December 2027, subject to the developer meeting its obligations. Buyers should verify whether the developer can extend handover and whether any delay would delay the final payment or affect the contract terms. The payment plan structure means a meaningful portion of the price remains unpaid until completion, but the 20% on booking and the 20% after booking are payable before handover.
The price table
The unit price table contains nine units, all described as a 1.5-bedroom configuration. The lowest price is AED 1,980,110 and the highest is AED 2,654,370. Four units are at or under the AED 2,500,000 threshold used by Oliva's underwriting, and the remaining units in the table sit above it. This means the current stock offers a narrow price band around the threshold, but the exact price of any unit depends on its size and position, which are not detailed beyond a size range of 842.6 sq ft to 1,179.72 sq ft.
Buyers should note that the overall minimum and maximum prices match the table band, so no hidden cheaper or more expensive units are present in the current listing data. The fact that only the 1.5-bedroom type is shown means buyers looking for other configurations would need to ask the developer whether those exist, as they are not in the current listing data.
The price band suggests that some units sit below AED 2,500,000, which may be relevant for buyers using a borrowing threshold or a budget cap, but no financing or fee assumptions are made here. The DLD transfer fee is 4% and is separate from the developer's asking price; buyers should include that in their cash-flow planning.
What to verify
Escrow. Off-plan sales in Dubai are governed by Dubai Law No. (8) of 2007, which requires buyer payments to be held in an escrow account. Ask the developer and DLD to confirm the specific escrow account for 350 Riverside Crescent before paying the booking amount.
Oqood registration. The buyer should ensure the sale is registered with DLD's Oqood system, which records off-plan transactions. the current listing data does not confirm whether the developer will handle registration or the buyer must, so confirm the process and any DLD-related requirements.
Service charges. No service charge figure is provided in the project data. Service charges are set through RERA-approved budgets, so ask the developer for the latest RERA-approved budget and the basis on which the buyer's share is calculated.
Handover date. The project data states handover in December 2027. Confirm this date in the sale and purchase agreement, and check whether the developer has any extension rights or compensation terms if handover is delayed.
Payment plan enforceability. The plan is 20% on booking, 20% after booking and 60% upon handover. Ask whether the second 20% is tied to construction milestones, and confirm what happens to the payment schedule if completion does not occur as planned. This will help you understand the enforceability of the plan and your exposure before handover.
Where this lands
350 Riverside Crescent is a limited dataset: nine units, all 1.5-bedroom, with prices from AED 1,980,110 to AED 2,654,370 and handover in December 2027. The payment plan is back-loaded, with 60% due at handover, which may suit buyers who want to delay a significant part of the purchase price until completion. Four of the nine units sit at or under AED 2,500,000, so the project may appeal to buyers whose budget is around that level, while the remaining units exceed it.
This project is likely to suit a buyer who is comfortable with off-plan risk, wants a new unit in Sobha Hartland 2, and can manage the 20% on booking and 20% after booking payments before handover. It is less likely to suit a buyer who needs certainty about the second payment date, or who wants a wider choice of configurations, because only the 1.5-bedroom type is shown. The free Oliva underwriting report assesses a specific unit and returns a buy or do-not-buy verdict based on the details of that unit, rather than a generic project view.
Frequently Asked Questions
Is 350 Riverside Crescent escrow-protected?
Off-plan sales in Dubai are regulated by Dubai Law No. (8) of 2007, which requires an escrow account for buyer payments. The supplied project data does not include a specific escrow account number, so you should ask the developer and DLD to confirm the account before paying. Oliva can assist with this verification.
When is handover for 350 Riverside Crescent?
The supplied project data states handover in December 2027. Confirm this date in the sale and purchase agreement and ask whether the developer has any rights to extend it.
What are the service charges for 350 Riverside Crescent?
No service charge figure is provided in the project data. Service charges are set through RERA-approved budgets and vary by building. Ask the developer for the latest RERA-approved budget and the calculation method before signing.
What is the payment plan for 350 Riverside Crescent?
The plan is 20% on booking, 20% after booking, and 60% upon handover. The timing of the second 20% is not specified in the current listing data, so confirm whether it is tied to construction milestones or a fixed date.
Is 350 Riverside Crescent a good investment?
The current price table shows nine 1.5-bedroom units priced from AED 1,980,110 to AED 2,654,370, with four units at or under AED 2,500,000. Handover is December 2027 and the payment plan defers 60% of the price to handover. Whether it is suitable for you depends on your budget and holding period; the free Oliva underwriting report provides a buy or do-not-buy view on a specific unit.
What is the starting price or cheapest unit type at 350 Riverside Crescent?
The lowest priced unit in the dataset is AED 1,980,110 for a 1.5-bedroom configuration. This is the only bedroom type shown in the current price table.
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