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MBR City

SOBHA ONE

2 BR · Apartment

About the building

Located in Ras Al Khor Industrial Area 1. Developer — Sobha Realty. Architect — PNC Architects.

Specifications for Sobha One per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

Where it is

MBR City

Mohammed Bin Rashid City: lagoon communities and villa districts between Downtown and Nad Al Sheba.

  • villas close to Downtown
  • lagoon living
  • long-horizon holds

What to check: Large parts of the masterplan are still open sites and phases get resequenced. Check what is contracted and under construction immediately around your plot, and price the purchase on that rather than on the full masterplan.

Full district guide →

Questions and answers about lot NP3-268802

How much is this 2-bedroom apartment in SOBHA ONE?

Lot NP3-268802 is priced at AED 2 200 000, about $599 000. The listing does not state a size, so no price per square foot is given.

How much has the price of this lot been cut?

The price before the cut was AED 2 537 700; it is now AED 2 200 000 — AED 337 700 less, or 13%.

How does this price compare with other lots in SOBHA ONE?

The database holds 3 lots in SOBHA ONE right now, from AED 1 400 000 to AED 2 200 000.

What are prices like in MBR City?

The database holds 32 lots in MBR City, starting from AED 665 000. The area median is AED 2 257 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 17 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

MBR City area guide →

Is the property ready or still under construction?

The handover date in the listing is 2026. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.

Can I get a mortgage on this lot while it is still under construction?

During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.

Mortgage for the final payment →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 88 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 200 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about SOBHA ONE?

The building has 66 floors. The developer is Sobha Realty. Figures are from the project passport: Propsearch and the Dubai Land Department.

SOBHA ONE project page →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP3-268802 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: SOBHA ONE

Reviews from the English YouTube channel — each one with a written breakdown on this site.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2026 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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