340 Riverside Crescent

340 Riverside Crescent is a single residential tower by Sobha Realty, positioned within the developer's Hartland 2 masterplan in Mohammed Bin Rashid City. Comprising six residences across one building, it is scheduled for completion in June 2027, with construction currently at 37.4 per cent.

# The tower and its place in Sobha Hartland 2

Sobha Hartland 2 occupies a stretch of MBR City that sits between the established density of Business Bay and the newer, lower-rise grain of Creek Harbour. The masterplan dedicates a significant share of its territory to parks and landscaped walkways, which shapes the character of everything built within it: towers here read differently from those closer to Sheikh Zayed Road, set back from traffic and oriented toward water and greenery rather than skyline proximity.

340 Riverside Crescent takes its name and its orientation from that waterfront setting. As a single-building development with a small residential count, it operates at a scale more associated with boutique developments than the large-block releases Sobha has produced elsewhere in the same masterplan. That restraint is a deliberate positioning choice.

Construction passed the one-third mark as of the latest reported progress figure, and the June 2027 delivery date places it within a delivery window that buyers tracking MBR City completions will recognise as moderately competitive.

# Residences, layouts and specification

The available unit data covers six one-bedroom apartments. Sizes run from approximately 843 sq ft to just under 895 sq ft, a relatively tight band that suggests a consistent floor-plan logic across the building rather than a wide mix of typologies.

Pricing on the recorded transactions sits between AED 1.95 million and AED 2.01 million. At the upper end of that range, buyers are paying just above AED 2,250 per sq ft, which positions these units firmly within the mid-to-upper tier for one-bedroom product in MBR City. The residences are delivered unfurnished.

Service charges are fixed at AED 15 per sq ft annually, a figure worth factoring into any yield calculation from the outset.

# Amenities and the lagoon connection

The facilities list covers the core of what a waterfront residential address in this segment is expected to deliver: an infinity pool, gym, tennis court, jogging and cycling tracks, and food and beverage outlets within the community. The access point that distinguishes the offering from comparable towers further inland is the connection to the Crystal Lagoon, which functions as the geographic and social anchor of the broader Hartland 2 masterplan.

None of the amenities are inventions of the address. They belong to the Sobha Hartland 2 ecosystem, meaning residents at 340 Riverside Crescent draw on a shared infrastructure that benefits from the scale of the wider development around it.

# Location within MBR City

MBR City's positioning between Downtown Dubai, Business Bay, and the Ras Al Khor corridor gives Hartland 2 genuine locational logic. The Ras Al Khor Wildlife Sanctuary, a protected wetland hosting flamingos and mangrove habitat, borders the eastern edge of the district, an unusual adjacency for a residential development this close to the city centre.

Road connectivity to Downtown Dubai and the financial district is direct. The neighbourhood also sits within reach of the international schools and retail infrastructure that has accumulated within MBR City over recent years, both of which influence rental demand in the area.

# Who this suits, and where it sits in the market

A six-unit building with one-bedroom apartments in the AED 2 million range is a particular kind of proposition. It is less relevant to family buyers seeking scale or layout variety, and more directly suited to investors prioritising asset quality and community positioning over unit count or bedroom mix.

For buyers entering Dubai real estate from the UK, Europe, or Asia, the freehold status and the developer's track record in Hartland 2 reduce some of the due-diligence burden that attaches to less established names or locations. Sobha's construction-led model, where the developer controls more of the building process than most, has historically produced delivery timelines and finish quality that hold up to inspection on handover.

The current sellout status means secondary market or resale enquiries are the primary route to acquisition. Given the construction timeline and the service charge structure, prospective buyers should stress-test rental yield assumptions against comparable Hartland 2 completions before committing.