Distress Deal – 1-Bedroom Apartment in Creek Vistas Heights Tower A, Sobha Hartland, Dubai - Payment Plan

Payment Terms – Distress Resale, Creek Vistas Heights Tower A, Sobha Hartland, Dubai

This is an off-plan resale at a distress price of AED 1,150,000, representing a saving of AED 90,000 versus the original developer price of AED 1,240,000 plus DLD. The payment structure for the new buyer involves assuming any remaining instalments due to Sobha Realty under the original payment plan, in addition to compensating the current seller for amounts already paid. The exact split is to be confirmed based on the original Sobha SPA and the current payment history.

• Selling Price: AED 1,150,000
• Original Developer Price: AED 1,240,000 + DLD (AED 49,600)
• Saving vs Original Price: AED 90,000 (≈7.3%)
• Effective Total Saving (incl. DLD advantage): Approximately AED 133,600
• Dubai Land Department Transfer Fee: 4% of AED 1,150,000 = AED 46,000
• DLD Registration Fee: AED 4,000
• Developer NOC Fee: Applicable — to be confirmed with Sobha Realty
• Remaining Developer Instalments: To be confirmed based on original Sobha payment plan
• Handover: Q2 2026 (possible 1–2 month delay — verify with Sobha Realty)