340 Riverside Crescent
bySobha
Sobha has sold out: 1- to 2.5-beds from 46 m², handover due December 2027
Designs and builds in-house, from engineering to glazing and joinery.
More from SobhaUnits
Resale 1- to 2.5-bedroom apartments at 340 Riverside Crescent
Smaller homes than 320's, 46 to 106 m². Of the 15 homes on a typical floor, seven are 1.5-beds and just one is a 2.5-bed.
1-bedroom apartment
Type A is 46 m², with a 3.00 × 3.35 m bedroom and a 5 m² balcony. Type B, stack 07, is 70 m²: bigger than the smallest 1.5-bed.
1.5-bedroom apartment
From 59 m². The study runs from 2.35 × 1.95 m (Type A) to 3.05 × 2.35 m (Type C). Five of the seven 1.5-bed stacks face the racecourse.
2-bedroom apartment
From 88 m². The corner Type A (stacks 05 and 12) has two balconies, 12.5 m² in all. Type B is 105 m², with a 3.35 × 6.05 m living room.
2.5-bedroom apartment
One per floor, in stack 08 facing the lagoons: 106 m², with two bedrooms, two bathrooms and a 3.05 × 2.30 m study.
What stands out
The features that set this development apart, from the developer's plans.
Lagoon side or racecourse side
Sobha tags each stack's view: 06 to 11 face the lagoons and community, 01 to 04 and 13 to 15 Meydan Racecourse, and 05 and 12 both.
Bedrooms at least 3 m by 3 m
On Sobha's type plans, bedrooms measure 3.00 to 3.20 m by 3.00 to 3.60 m: room for a double bed and a wardrobe.
Reception desk in the lobby
Sobha's render shows a reception desk and seating. Upkeep goes into the service charge, which Sobha hasn't published.
Glass showers, and guest WCs in six stacks
This render shows a bathroom. Stacks 01, 03, 07, 09, 11 and 15 add a guest WC by the front door; in the others, guests use a bathroom.
Location
Drive times from the community to the places residents use most.
-
20min
Dubai International Airport
-
12min
The Dubai Mall
-
15min
DIFC / Business Bay
-
25min
The Palm Jumeirah
-
10min
Ras Al Khor Wildlife Sanctuary
-
5min
Meydan Racecourse
Payment Plan
The developer's current payment schedule. Plans can change between launches, so confirm yours before you reserve.
60% during construction
Instalments into escrow. Launch buyers had 80/20: check the seller's contract.
40% on completion
Due at handover, which Sobha schedules for December 2027.
Frequently Asked Questions
The anticipated handover is December 2027. Handover dates can move, so check the completion date written into the sale agreement and what it says about late completion before you pay.
Sobha's plan: 60% during construction and 40% on completion. That is 60% paid before handover. Plans can change, so get the current one in writing with the date of every instalment.
The homes at 340 Riverside Crescent: 1-bedroom apartments from 46 m², 1.5-bedroom apartments from 59 m², 2-bedroom apartments from 88 m² and 2.5-bedroom apartments from 106 m². Ask Diamond for the floor plans of the types you want, with their views and floor levels.
Not necessarily. Buyers at the December 2023 launch were offered 20% on booking, six 10% instalments over 39 months and 20% on completion. Sobha later moved to 60/40. The seller's contract shows which plan applies and what is still to pay, so read it before you agree a price.
Stacks 06 to 11. Stacks 01 to 04 and 13 to 15 face Meydan Racecourse, and the corner 2-beds in 05 and 12 see both. So the one 2.5-bed per floor, in stack 08, faces the lagoons, while five of the seven 1.5-bed stacks face the racecourse. A unit number's last two digits give its stack.
340 Riverside Crescent is in Mohammed Bin Rashid City. By car it is about 20 minutes to Dubai International Airport, 12 to The Dubai Mall and 15 to DIFC / Business Bay. No metro yet. The Gold Line through MBR City is due on 9 September 2032.
Schools in the community: North London Collegiate (IB) and Hartland International (UK and IB). The Mohammed Bin Rashid City guide has more on schools and family life nearby.
Sobha. Sobha Realty is the developer behind Sobha Hartland, and it builds its own homes: design, engineering, construction, façades, glazing and joinery are all done in-house.
Off-plan payments in Dubai go into the project's own escrow account, which can only fund its construction, and under Dubai Law No. 8 of 2007 the developer's creditors can't claim it. Diamond confirms the project's registration and escrow account with the Dubai Land Department, and you pay only into the account named in your sale agreement.
Yes. You don't need to be in Dubai to buy off-plan. If someone signs for you, a power of attorney made abroad must be notarised, then attested by your foreign ministry, the UAE embassy and the UAE's foreign ministry, as the Dubai Land Department requires. Diamond can take you through each step on a video call.
