350 Riverside Crescent Property Development By Sobha Real Estate LLC

Last Updated on: 13th November 2024, 01:16 pm

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Welcome to an exciting opportunity in the realm of luxury real estate development: the 350 Riverside Crescent project by Sobha Real Estate LLC. Nestled in the illustrious Sobha Hartland II neighborhood of Dubai, this exclusive residential development is set to redefine premium waterfront living through its stunning architectural designs and state-of-the-art facilities. The property will feature a variety of apartments, including 1, 1.5, and 2-bedroom units, with sizes ranging from 526 to 1,219 sq. ft., ensuring ample space and natural light for all residents. Handovers are anticipated in the first quarter of 2027, allowing discerning buyers to invest in a future of luxury and comfort, with units priced from AED 1.26M and a strategic payment plan of 20% down at sales launch, 60% during construction, and the remaining 20% upon handover¹².

In addition, potential investors will find remarkable value in this venture, with rental yields and ROI figures indicating a lucrative opportunity for passive income through property rentals. As construction progresses, the allure of the 350 Riverside Crescent continues to grow, making it a prime choice for those seeking luxurious living in Dubai.

Key Takeaways

• 350 Riverside Crescent offers a variety of apartment sizes, from 526 to 1,219 sq. ft.
• Prices start at AED 1.26M and a flexible payment plan is available.
• The development aims to set a new standard for premium waterfront living.
• Residents will have access to a range of luxury amenities.
• The project delivery is expected in Q1-2027.
• Investors can anticipate lucrative rental yields in a thriving market.

Introducing 350 Riverside Crescent: A New Paradigm of Luxury Living

The 350 Riverside Crescent Property Development By Sobha Real Estate LLC redefines what luxury living means in today’s market. With an emphasis on innovative design and quality craftsmanship, Sobha Real Estate LLC stands as a leader in the luxury real estate investment sector. Their commitment to excellence is evident in each of their projects, including this stunning waterfront property development that promises a serene living experience.

Overview of Sobha Real Estate LLC

Sobha Real Estate LLC is widely recognized for its exceptional projects that merge aesthetics with functionality. With a rich heritage in the real estate sector, they have consistently delivered high-quality developments that meet the desires of discerning homeowners. The 350 Riverside Crescent property is a testament to their relentless pursuit of creating luxurious living spaces.

Location and Accessibility

Strategically located, 350 Riverside Crescent offers residents seamless access to key attractions in the area. The development is positioned near major roads and public transport, ensuring that residents enjoy not only a comfortable living space but also convenience in their daily commutes. Such prime location solidifies its appeal as a premier choice for luxury real estate investment.

Design Philosophy and Unique Features

The design philosophy behind 350 Riverside Crescent is inspired by nature, thoughtfully integrating lush landscaping with modern architectural elements. Unique features include expansive views of the waterfront and innovative layouts that encourage natural light flow. Each unit is crafted to provide a tranquil retreat, making this one of the standout Sobha Real Estate LLC projects.

This comprehensive approach highlights how 350 Riverside Crescent aims to elevate living standards, making it a coveted option for prospective homeowners looking for luxurious waterfront property development. With growing market trends indicating an increase in property prices and rental yields in Dubai, this development is poised for promising investment potential as well³⁴.

Luxurious Amenities at 350 Riverside Crescent

The luxurious amenities at 350 Riverside Crescent redefine the concept of upscale living. Residents can indulge in a plethora of resort-style facilities designed to enhance their everyday experiences, reflecting the high standards associated with Sobha Real Estate LLC luxury homes.

Resort-Style Facilities for Residents

350 Riverside Crescent offers residents an extraordinary lifestyle with amenities reminiscent of high-end resorts. Key facilities include:

• Infinity pools surrounded by lush landscaping
• Outdoor gyms equipped with the latest fitness technology
• Inviting BBQ areas perfect for social gatherings
• A stunning sky garden for relaxation and entertainment

With a focus on wellness and leisure, these accommodations significantly enhance the appeal of waterfront properties in Florida.

Wellness and Outdoor Activities

Emphasizing a health-conscious lifestyle, 350 Riverside Crescent features:

• Vast green spaces and parks for leisurely strolls
• Sports facilities including tennis courts and running tracks
• Paddle tennis and badminton courts for active lifestyles
• Walking and biking trails surrounded by natural beauty

These outdoor options encourage residents to maintain an active lifestyle while enjoying the serene environment.

Community Engagement and Social Spaces

The developers have prioritized community building within the luxurious setting of 350 Riverside Crescent. The inclusion of:

• Social spaces designed to foster interaction among residents
• Children’s play areas to encourage family engagement
• Retail outlets and restaurants offering convenience and dining options

Such thoughtful design contributes to a vibrant community atmosphere while aligning with trends in luxury real estate development.

This commitment to creating a connected neighborhood sets 350 Riverside Crescent apart in the competitive market of waterfront properties in Florida, inviting potential homeowners to envision their future in this extraordinary community⁵.

Investment Potential of 350 Riverside Crescent

The luxury real estate investment landscape in Dubai is witnessing a remarkable surge, particularly in waterfront properties that appeal to discerning investors. The 350 Riverside Crescent, a new project by Sobha Real Estate LLC, aligns perfectly with this trend, offering an exclusive residential development that meets the growing demand.

Market Trends in Luxury Real Estate Investments

Dubai’s luxury real estate market has been showcasing a rapid sales pace, fueled by heightened interest in properties that promise significant ROI. With current returns ranging from 7% to 20%, investments in this sector are increasingly attractive⁶. The rising demand for premium living spaces underlines the economic appeal of developments like 350 Riverside Crescent.

Return on Investment and Rental Yields

The projected gross ROI for 1-bedroom units at Sobha Hartland adjacent to 350 Riverside Crescent stands at 5.2% as of October 2023⁷. Competitive rental rates for these properties commence at AED 60K (USD 16K) annually, further enhancing their investment attractiveness⁷. The strategic pricing of units starting from AED 1,260,000 makes this exclusive residential development appealing to a wide range of potential investors⁷.

Comparative Analysis with Other Sobha Projects

When reviewing the broader portfolio of Sobha Real Estate LLC projects, 350 Riverside Crescent stands out with amenities and features expected of high-end residential offerings. The property is adeptly positioned near Al Ain Road, ensuring easy connectivity to notable landmarks such as Downtown Dubai and Dubai Marina⁸. The overall development encompasses over 8 million square feet within the Sobha Hartland II community, further highlighting its potential as a lucrative investment within the luxury real estate sector⁷.

Conclusion

In summary, 350 Riverside Crescent, developed by Sobha Real Estate LLC, exemplifies a premier luxury real estate investment opportunity that fuses modern elegance with a vibrant waterfront atmosphere. Offering apartments ranging from 705 to 1001 sqft, this stunning property provides residents with a unique living experience designed to meet the most discerning standards of comfort and style. With prices starting at AED 1,634,219, 350 Riverside Crescent ensures accessible luxury for those seeking a refined lifestyle in Dubai’s dynamic landscape⁹.

Positioned strategically within the heart of Dubai, this waterfront property development grants residents unparalleled access to key locations such as Dubai Creek and the Design District. Coupled with its state-of-the-art amenities—including a wave pool, lush gardens, and social spaces—this development is more than just a residence; it is an invitation to embrace a luxurious, community-focused lifestyle¹⁰. Furthermore, with a compelling payment plan featuring a 20% down payment and attractive potential for annual rental income ranging between 2.5% and 4.5%, the investment prospects are exceptionally promising⁹.

Choosing 350 Riverside Crescent represents an invaluable opportunity not only to indulge in an exquisite lifestyle but also to secure long-term financial benefits. With a projected annual price growth of 5-10%, potential investors can confidently look forward to building capital while enjoying the serene charm of waterfront living⁹. For additional insights regarding this exceptional project, you may visit this comprehensive guide.

Source Links

1. https://www.propertyfinder.ae/en/new-projects/sobha-real-estate-llc/350-riverside-crescent
2. https://www.banke.ae/projects/350-riverside-crescent/
3. http://uat.sobharealty.com/media-center/blogs/investment-comparison-uae-vs-usa-real-estate/
4. https://1newhomes.ae/new-homes/apartments/district-the-hills/
5. https://www.binayah.com/dubai-projects/350-riverside-crescent/
6. https://www.homeportal.world/en/projekt/350-riverside-crescent/
7. https://colliers.ae/property/350-riverside-crescent/
8. https://azcorealestate.ae/offplan/350-riverside-crescent/
9. https://1newhomes.ae/350-riverside-crescent-dubai
10. https://myoffplaninvestment.com/property/350-riverside-crescent-at-sobha-hartland-2-by-sobha-realty/