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Ras Al Khor Industrial Area 1

Sobha One - A

1 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

Ras Al Khor

Wetland sanctuary on one side, industrial and warehousing on the other — a district defined by what cannot be built on it.

  • protected wetland views
  • industrial and warehouse investment
  • value near the centre

What to check: Orientation decides everything here — a sanctuary-facing unit and an industrial-facing unit in the same building are entirely different products. Verify the outlook from inside the actual unit before you pay a view premium.

Full district guide →

Questions and answers about lot NP9-247476

How much is this 1-bedroom apartment in Sobha One - A?

Lot NP9-247476 is priced at AED 1 525 000, about $415 000. The size is 731 sq ft (68 m²), which works out at AED 2 086 per sq ft.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.

How does this price compare with other lots in Sobha One - A?

The database holds 4 lots in Sobha One - A right now, from AED 1 350 000 to AED 2 350 000. 3 of them share this type and bedroom count: this lot is the most expensive. At AED 2 086 per sq ft this lot is 15% below the median for the other lots in the project (AED 2 450).

Is this expensive or cheap for Ras Al Khor?

The database holds 15 lots in Ras Al Khor, starting from AED 1 198 000. The area median is AED 2 360 per sq ft; this lot, at AED 2 086, is 12% below it. 7 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Ras Al Khor area guide →

Is the property ready or still under construction?

The handover date in the listing is Q1 2027. 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 61 000 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 the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 475 000 short of the 10-year Golden Visa, granted from AED 2 000 000. 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 - A?

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

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 NP9-247476 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — 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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