340 Riverside Crescent — the diamond tower with two availability stories
340 Riverside Crescent is the tower Sobha markets on a diamond-shaped design with golf-course and lagoon sightlines, offering 1, 1.5 and 2-bedroom waterfront apartments in Bukadra, MBR City. The transaction record matters more than the render: sales opened May 10, 2024, construction began May 11, 2024, and the portal now shows Sold out against a December 2027 delivery target. [1]
Yet Sobha's own Riverside Crescent page, checked the same day, still displays a priced 1-bedroom range for this tower, subject to availability — a conflict this analysis unpacks rather than papers over. [2] OffplanInsight is an independent research site, not an agent for the developer. See our Method.
Key facts
- Developer
- Sobha
- Area
- MBR City
- Status
- Sold out
- Construction
- under construction
- Handover
- Q4 2027 target (December 2027)
- Price from
- —
Who it’s for
Buyers who treat conflicting data as an edge — verifying primary availability with Sobha while pricing resale offers off the recorded 2026 transfers. [1]
Sold out on the portal, priced on Sobha's page
The portal entry is unambiguous: Sold out, with 83 resale properties available. [1]
Sobha's cluster page tells a different story: 340 listed with 1 Bedroom Apartments ranging from AED 1.98M to AED 2.01M at 843.2 to 894.4 sq ft, marked subject to availability. [2]
Both cannot be fully true at once — either a sliver of primary stock persists behind an outdated portal flag, or the developer page is stale. Resolve it the boring way: put the question to Sobha in writing, and treat resale as the default channel until an answer arrives.
The 1.7M anchor and what has traded since
- Recorded launch price: 1.7M AED when sales opened in May 2024. [1]
- Sold history shows a 686 sq ft 1-bed transferring at AED 1,719,207 on 17 June 2026. [1]
- The same day, a 954 sq ft 2-bed recorded at AED 2,484,076. [1]
A mid-2026 1-bed transfer sitting almost exactly on the 2024 launch anchor is a data point sellers rarely volunteer. [1] Bring it to the table: premiums here are an ask, not a law, and only recorded transfers settle the argument.
Diamond plate, narrow bands, one inconsistency
The portal describes a diamond-shaped design built to maximise natural light and frame views of the golf course and lagoons, with 1-bed units of 756 to 870 sq ft and 2-bed units of 1,132 to 1,137 sq ft. [1]
Note the friction inside that same page: its sold history records a 686 sq ft 1-bed — below its own published band. [1] Published bands on this tower are indicative at best. The floor plan of the specific unit is the only size worth underwriting, and the view depends on floor and orientation, not on the brochure.
December 2027, stated twice, still a target
The portal lists expected completion December 1, 2027 (Q4 2027), and Sobha's cluster page likewise shows Handover — Dec 2027 for this tower. [2] [1]
Two agreeing sources reduce, but do not remove, schedule risk on a build whose construction only started May 11, 2024. [1] A resale buyer inherits the real completion date, whatever it proves to be. Verify current construction progress and the developer's most recent written date — and the seller's paid-up instalment position — before wiring anything.
Bottom line
Bottom line: 340 is a resale market carrying an unresolved availability conflict — the portal's Sold out flag against Sobha's still-priced 1-bed listing — plus a December 2027 target that can slip and size bands its own sold history contradicts. [1] [2] Written confirmation from Sobha, recorded-transfer comps and the unit's floor plan come before any deposit.
FAQ
Does Sobha still sell 340 Riverside Crescent directly?
Unclear — and that is the finding. The portal shows Sold out with 83 resale properties, while Sobha's cluster page still prices a 1-bedroom range for the tower, subject to availability. [1] [2] Ask Sobha in writing; rely on resale until proven otherwise.
What was the launch price of 340?
The portal records 1.7M AED at the May 10, 2024 sales opening. [1] Treat it as a historic anchor for measuring today's premiums, not as a bookable figure.
When should 340 hand over?
Both cited sources point to December 2027 — the portal specifies expected completion December 1, 2027 (Q4 2027), and Sobha's page shows Dec 2027. [1] [2] Targets can slip; obtain the developer's latest written date.
Can I trust the published unit sizes at 340?
Only partly. The portal lists 1-beds at 756 to 870 sq ft yet its own sold history records a 686 sq ft 1-bed in June 2026, outside that band. [1] Underwrite the specific floor plan, never the band.
Sources
- 340 Riverside Crescent — Bukadra by Sobha Realty — Property Finder. Accessed 2026-07-27.
- Riverside Crescent — Sobha Hartland 2 — Sobha Realty. Accessed 2026-07-27.